At least one of the publics is still in expansion mode. Lithia Motors Inc. reported a 19.8 percent increase in total net income per diluted share for the third quarter. In a trend that has b... Read more
Beene Motor Sales in Mexia, TX — which includes Chevrolet, Buick, and GMC franchises — has been acquired by Michael Terry. The seller is Brett Beene. This is Terry’s fir... Read more
Multiple dealerships have changed hands in the Lansing, MI market this year, but it hasn’t meant a decrease in competition, reports the Lansing State Journal. Share this articleLinkedi... Read more
The Leggat Auto Group, based in Ontario province in Canada, has acquired Discovery Ford in Burlington, ON from Allan Pearson. Dealer Solutions Mergers and Acquisitions facilitated the transa... Read more
A big issue for striking GM workers is what their place will be – if they even have a place – in a future with more electric vehicles. A couple of stories I reposted on ABSR this... Read more
Belief hybrids need to be plugged in among misperceptions Toyota found about alternative powertrains
Although the Prius has been on sale for decades, some consumers still think the hybrid must be plugged in, or can’t be refueled at a petrol station, among the other misperceptions that... Read more
Consumers remain wary of riding in or driving with self-driving vehicles, and they worry about reliability and charging of electric vehicles are some of the findings in a recent J.D. Power s... Read more
Publicly-listed Asbury Automotive Group has acquired Mike Shaw Subaru in Thornton, CO from Mike Shaw, which is Asbury’s first Subaru franchise and first store in Colorado, reports Auto... Read more
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