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
As part of a $4.5 billion expansion in southeast Michigan, Fiat Chrysler plans on building a new manufacturing facility there. The Detroit Free Press has announced that the company will add... Read more
Operators of the only Lexus dealerships in Minnesota, the Bloomer family has decided to get out of the auto dealership business. The Village Automotive Group, founded by the family in 1950,... Read more
At the time when other manufacturers are slowing production of smaller vehicles, PSA has decided now was the time to lessen its dependence on the European market. Investors may not feel the... Read more
Bob Cerame has sold Paul Cerame Kia dealership in MO. to Steven Schmitt. The dealership will be renamed Schmitt Kia. Performance Brokerage Services facilitated and reported this transaction.... Read more
Performance Brokerage Services has advised on the sale of Group One Automotive’s Rancho Chrysler Dodge Jeep Ram to Sunroad Auto. The location will be renamed Sunroad Chrysler Dodge Jee... Read more
Third-generation dealer Brad Barker has decided to retire and sell the last remaining dealership from a group started by his grandfather. According to a report by the Pantagraph, selling Bra... Read more
A series of fortunate events has automotive veteran Dan Dagesse returning to ownership with the acquisitions of two New Hampshire dealerships. The Union Leader has reported that Dagesse, who... Read more
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