U.S. gentle-auto product sales fell 17 p.c to about 1.26 million in April from a 12 months earlier, when sector quantity soared briefly, as crucial sections shortages and jammed supply strains continue to undermine mild-automobile output and shipments. But in a indication of incremental development, LMC Automotive on Wednesday described market sales rose by 5,000
Apple Inc. has recruited a longtime Ford Motor Co. govt who helped direct protection efforts and auto engineering, a signal the Apple iphone maker is once again ramping up advancement of an electric powered car. The tech giant employed Desi Ujkashevic for the vehicle challenge, in accordance to individuals with understanding of the matter. Ujkashevic
DETROIT — Ford Motor Co. posted a 1st-quarter internet decline of $3.1 billion attributable to a fall in the benefit of its Rivian stake but affirmed assistance for the calendar year in spite of ongoing manufacturing constraints. Ford was worthwhile right before accounting for the Rivian expense, even though altered earnings fell 41 {a78e43caf781a4748142ac77894e52b42fd2247cba0219deedaee5032d61bfc9} from
A rising dealership team ordered two outlets in the fourth quarter, even though a new operator acquired his to start with dealership and a further purchased her 2nd, both in solitary-store transactions in the initially quarter. Here’s a glance at the specials involving domestic and import model dealerships in Tennessee, Ohio and Missouri. Just one
Five dealerships altered possession in one-retailer transactions in the fourth quarter of 2021 and initially and next quarters of 2022. This is a search at the specials involving domestic-brand dealerships in Oregon, Pennsylvania and Illinois. Two transactions associated a team ranked on Automotive News‘ best 150 dealership groups checklist. Dick’s Automobile purchases two domestic
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