Graham Holdings Co. and Chris Ourisman of Ourisman Automotive Group continue to seek more dealership acquisition targets after buying a Ford store in Virginia last month. That dealership marked the fourth store in a partnership that formed in early 2019.
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The automaker plans to add hundreds of jobs in the software-defined vehicle space, which is GM's biggest growth area.
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A California dealership group implemented a pay plan that incentivizes collaboration between the sales reps and F&I managers and has increased the sale of F&I products.
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The EV maker's CEO also discusses chip crisis and a big change made to the Volvo subsidiary's marketing in the U.S.
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Rivian received rave reviews after the launch its R1T pickup. But personnel and production worries suggest a long slog ahead.
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Federal safety inspectors said two employees died after a 2021 coronavirus outbreak at auto parts maker Sanoh America Inc. in Mount Vernon, Ohio.
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GM workers will be asked to choose from four unions aiming to win the contract.
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Empire Toyota of Long Island said it conducted an internal investigation and fired the employees in under 24 hours.
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Heavy demand for the electric truck is good news for an automaker. But Ford now worries that the markups of up to $30,000 some retailers are demanding could be harmful.
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These four single-store transactions closed in the fourth quarter.
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