According to WDBJ7, Priority Auto Group’s CEO Dennis Elmer has announced the acquisition of Woodson Honda. Seller Sally Woodson said the dealership had been in the family for over 80 y... Read more
SunTrust Bank and BB&T just announced they would merge, becoming the sixth largest bank in the U.S. That merger could potentially give James Taylor an even bigger platform from which to... Read more
By Kendall Rawls, The Rawls Group The changing landscape of the auto industry combined with the gap in leadership is increasing the complexities of an already complicated business. With this... Read more
Still in China but heading home tomorrow. Some takeaways from this trip, during which I have interviewed executives from EV startups, established OEs, Tier One suppliers, and dealership grou... Read more
According to Automotive News, Edmunds and Cox both site affordability as main factors contributing to already sluggish 2019 auto sales. The part that extreme weather may also have played in... Read more
Pittsburgh Business Times has announced that Kenny Ross Chevrolet and Kenny Ross Nissan have been sold to #1 Cochran. In 2017 GPB had acquired most of Kenny Ross Automotive Group. The stores... Read more
Automotive News has announced public group Sonic Automotive has decided to cut more than 6% of its corporate and regional workforce amid concerns of future market volatility. Sonic is the fi... Read more
Italian-American automaker Fiat Chrysler has announced that it will cut shifts at its Belvidere Assembly plant starting in May. This announcement was made Tuesday, the same day as the announ... Read more
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