Spitzer, Friendly Auto and D-Patrick acquire dealerships
Three dealerships groups added domestic-brand stores in October acquisitions across three states, with one group also buying an import-brand store.
Volvo shares gain after IPO as investors buy into EV future
The automaker wants use IPO proceeds to add capacity and almost double annual sales to 1.2 million vehicles by 2025.
Daimler posts higher Q3 profit as it shakes off chip crunch
The automaker said it had kept a “tight grip” on costs as it focused on more profitable models including in its Maybach and performance AMG brands.
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Universal Orlando sees most profitable quarter ever amid pandemic
Universal Orlando’s last quarter was its most profitable ever, despite COVID-related travel restrictions limiting international visitors to the U.S., executives from parent company Comcast revealed on an earnings call Thursday.