LMP Automotive under contract to sell 2 more dealerships as it continues plans for liquidation

LMP Automotive under contract to sell 2 more dealerships as it continues plans for liquidation

Growing Morgan Automotive Group of Tampa, Fla., purchased two Florida Kia dealerships from LMP Automotive Holdings Inc. very last 7 days and acquired a Florida Stellantis retail store in a different, unrelated November transaction. It marks the 3rd dealership sale announced by little automobile retailer LMP in three months. The Fort Lauderdale, Fla., firm said

Largest U.S. rail labor union votes against contract, raising strike risk

Largest U.S. rail labor union votes against contract, raising strike risk

WASHINGTON/LOS ANGELES — Personnel at the most significant U.S. rail union voted towards a tentative contract offer arrived at in September, raising the likelihood of a 12 months-conclusion strike that could induce major harm to the U.S. financial state and strand important shipments of meals, vehicles and fuel. Teach and engine support members of the

Why Stellantis retreated from ‘burdensome’ contract term changes for suppliers

Why Stellantis retreated from ‘burdensome’ contract term changes for suppliers

“It demonstrates that you do have a say and you really don’t have to just indication up for what’s staying put out there,” Jorissen mentioned. “In that respect it is a large gain. If they go again to the very last productive Stellantis conditions, they’re continue to challenging OE conditions. It really is not like