Jim Butler Vehicle Group, Faulkner Automotive Group, Horne Automobile Group and Coughlin Automotive Team each individual expanded their dealership portfolios with acquisitions in both late in the fourth quarter of 2021 or early in January 2022. This is a look at the bargains involving domestic-, import- and luxurious-model dealerships. Missouri […]
Automotive News
Technologies big Intel Corp. designs to commit $20 billion on a large chipmaking hub on the outskirts of Columbus, Ohio, which the firm expects to develop to be the world’s largest silicon-production web site. The chipmaker on Friday stated it will commence building of two fabrication crops on a 1,000-acre […]
Customers claimed transaction moments at a dealership that had been similar to 2020 and faster than yrs past, and much more pleasure with electronic choices, together with when making use of for financing, the study identified. Ton mentioned she predicted that customers would be far more discontent with the over-all […]
TOKYO — Right after keeping sturdy for months, Toyota now expects to overlook its world wide generation focus on as the automaker capitulates to the double whammy of elements shortages and the pandemic. Toyota explained it expects international creation to come in below the 9 million-motor vehicle target for its […]
Graham has described an uptick in earnings and profits from the dealerships, disclosing that automotive operating revenue was $4.5 million for the 3rd quarter and $8.8 million for the first 9 months of 2021. 3rd-quarter automotive revenue rose 10 per cent to $84.7 million, even though profits for the very […]
“The plant, which will sooner or later utilize a lot more than 7,500 employees, signifies a essential subsequent action as Rivian scales aggressively toward better-capacity production for our future generation of products,” the business stated. But the tide swiftly turned on new struggles that underscore the long highway ahead for […]