Penske Automotive Group Inc. said it has purchased a BMW-Mini dealership in Southern California. The group said the dealership is expected to generate about $115 million in annual revenue.
After selling out the limited-run Dream Edition of the Air sedan, luxury EV startup Lucid will now offer the range-topping, $179,000 Grand Touring performance trim.
US inflation jumped 8.5% in past year, highest since 1981