Rising home prices, tight inventory bring tough times for Orlando house flippers
Real estate flipping fell by 8% in the Orlando area over 2020 as home inventory has plunged below a month’s supply.
TrueCar Q1 hampered by chip shortage, loss of USAA business
The vehicle listings provider narrowed its first-quarter net loss to $8.4 million from $10.7 million in the year-earlier period.
Larry Van Tuyl buys Honda dealership in Houston
The former CEO of Van Tuyl Group, which was acquired in 2015 by Warren Buffett’s Berkshire Hathaway, has renamed the store Easy Honda.
Stellantis to adopt hybrid workplace strategy
The automaker envisions a hybrid working model that will see employees spend 70 percent of their time working remotely and the rest on-site.
American Axle swings to $38.6M profit in Q1, launches JV for EV powertrain
American Axle said it will join forces with Israel’s REE Automotive to develop an electric propulsion system for e-mobility.