Alan Jay Automotive Network sells 2 stores after failed LMP deal
Two Florida dealership groups have acquired the Toyota and Alfa Romeo-Maserati dealerships from Alan Jay Automotive Network in separate June transactions.
Volvo and JLR prepare for a new era of EVs
Volvo and Land Rover are delivering a product-driven market renaissance, while Jaguar hopes to spark new enthusiasm with an all-electric portfolio by 2025.
CEO median compensation increases 78%
Median pay for CEOs who have been in their positions for at least two years rose 90 percent from 2020, according to a survey by Equilar for .
Shifts in used-vehicle market cut into proceeds, trigger resets
Shifting market conditions are starting to pressure auto retailers’ used-vehicle business plans and profits.
If more than two big storms hit Florida this year, insurers could be in trouble
Florida’s insurers were able to get their claims-paying capacity in order before the peak of hurricane season. But if more than two storms hit, all bets are off.