Seems Soros and Buffett are keen on the auto industry, manufacturing as well as retail. Both boosted their stakes in GM, the Wall Street Journal reported here: Share this articleLinkedinFac... Read more
Mitsubishi is talking to several automakers about joint ventures on specific models as Mitsu plans a rash of new or refreshed launches over the next 16 months, Wards Auto reports here: Share... Read more
The integration of DCH into Lithia’s corporate culture involves DCH sharing its secret for such a high lease rate and Lithia helping DCH use data to spot trends, says Lithia’s CE... Read more
Nissan aims to have 10% of the U.S. market by end-March 2017 but its current North American production capacity may not be enough to meet that goal, North America chairman Jose Munoz said, A... Read more
Roger Penske said in a recent earnings call that his group would split its 2015 acquisitions evenly between commercial and light vehicles. Commercial vehicle dealerships have lower valuation... Read more
The 2016 Equinox crossover vehicle from Chevrolet will feature a new fascia and interior improvements as well as a streamlined model lineup, Automotive News reports here: Share this articleL... Read more
Skip Jabbar and Charles Oglesby are the owners of a new Toyota dealership that recently opened in Burleson, Tex., the Dallas Morning News reported here: Burleson is a suburb of Ft. Worth, Te... Read more
In a familiar theme, Connecticut auto dealers are protesting a bill before the state legislature to allow Tesla’s factory-owned stores in the state, WTNH News reports here: Share this... Read more