Publicly-listed Penske Automotive Group has acquired The Car People, a used car supermarket group in the United Kingdom that is expected to generate annualized revenue of $300 million, Pensk... Read more
Dallas, TX-based Fastlane, which has technology permitting an online buying experience or faster in-dealership transactions, has landed $1.5 million in seed funding, reports AutoRemarketing.... Read more
The Steven Eagell Group of dealerships in England has acquired Lexus Milton Keynes from the Synter Group, bringing Steven Eagell’s Lexus franchise count to four, reports AMonline. Shar... Read more
Brickell Motors of Miami, FL has acquired Honda and Volkswagen franchises in downtown Chicago from the Fletcher Jones Automotive Group, reports Digital Dealer. Share this articleLinkedinFace... Read more
The Sewell Famiily of Companies, a dealership group in Odessa, TX led by Collin Sewell, donated its Ford dealership building and land to Odessa College to be used as an auto tech training sc... Read more
The Missouri Court of Appeals has overturned a ruling in that state banning electric vehicle maker Tesla from selling directly to consumers there, reports Engadget. Share this articleLinked... Read more
Jim Keras, owner of Jim Keras Subaru in Memphis, TN, was awarded an open point in Memphis by Subaru and is building a second dealership there, reports Commercial Appeal. Share this articleLi... Read more
AutoCanada and it founder and former chairman Pat Priestner have reached a deal with General Motors that allows outright ownership of GM dealerships in Canada, reports The Globe and Mail. Sh... Read more
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