Sony-Honda vehicles might end up with competing dealers
Sony Honda Mobility wants to challenge the status quo in automaking. That could mean its cars end up with Honda dealers’ competitors.
Parks Automotive buys 2 Stellantis dealerships with Franchise Equity Partners
Parks Automotive Group in January acquired two Stellantis dealerships in North Carolina, aided by a minority investment in the stores from Franchise Equity Partners.
Lear net income rallies to $118M in Q4 despite continued production issues
Lear landed an unexpected conquest late last year to supply an undisclosed automaker’s SUV platform in North America with just-in-time thermal comfort seating.
Florida may require disclosure of flooding in homes for sale
Florida lawmakers may require people selling real estate to tell buyers about whether the property has suffered flooding damage.
Asbury Automotive net income more than doubled in Q4
Asbury Automotive Group Inc.’s profit more than doubled in the fourth quarter as the Duluth, Ga., public retailer closed out its first full year of earnings boosted by its December 2021 acquisition of Larry H. Miller Dealerships.