A Connecticut Kia dealership this 7 days sued LMP Automotive Holdings Inc., alleging breach of agreement and seeking $100,000 in deposits held in the unsuccessful acquisition. But a lawyer for the dealership explained a resolution might previously be in the functions. K & W Enterprises and Ash Street Holdings sued LMP and Very first American
Indiana Bentley dealership offered The entrepreneurs of a exceptional, boutique Bentley dealership in Indiana marketed their British ultraluxury manufacturer retailer in the fourth quarter. Brothers Greg Albers and Mark Albers offered Bentley Zionsville to Yousef Barham on Oct. 1, in accordance to Greg Albers. Zionsville is northwest of Indianapolis. On Jan. 1, there were being
Napleton Automotive Team, one of the major U.S. dealership groups, will pay back a record $10 million to settle a Federal Trade Commission vehicle lending case for allegedly throwing unlawful “junk charges” and include-ons into consumer contracts and for charging extra in financing Black customers. Napleton on Friday “vehemently” denied all wrongdoing. The FTC, in
In a stunning twist, Russia’s invasion of Ukraine will put “a considerable variety” of supplemental new crossovers on the lots of U.S. Volkswagen dealerships in coming months. Speaking Tuesday throughout Volkswagen Group’s once-a-year press convention, CEO Herbert Diess mentioned the German automaker would shift much more creation to North The united states and China, at
Toyota, which has long held the industry’s throughput title, remained atop the rating and observed its ordinary throughput bounce 10 per cent to 1,638 vehicles bought for each franchise. Lexus unseated Honda for the No. 2 ranking, as its throughput rose 11 p.c to 1,253 vehicles, when Honda slipped to No. 3 even as its
Nissan’s determination to present 100 per cent electrified automobiles – that means both EVs or hybrids — right after 2030 is identical to the approach taken by fellow Japanese automaker Toyota, which has mentioned it will supply “at least 50 percent” zero emissions automobiles in Europe by 2030 Nissan is launching 3 hybrid crossovers this