Toyota, Kia, Stellantis, Ford and GM dealerships sell across 5 states
Toyota, Kia, Stellantis, Ford and GM dealerships traded hands in multiple transactions across five states.
Musk sold $3.95 billion of Tesla stock after buying Twitter
It’s still not clear how the $44 billion Twitter deal ultimately was financed, beyond the roughly $13 billion of debt commitments from Wall Street banks.
Nissan quarterly profit soars on better pricing power, model mix
Nissan is capturing a higher tier of customer in North America, partly through renewed product and lower incentives, COO Ashwani Gupta said.
Honda U.S. dealers could service Sony-Honda EVs, CFO says
The sales and servicing plan for Honda’s EV partnership with Sony is still under discussion. But Honda’s network of more than 1,000 U.S. dealers are well situated to service the new cars, the automaker’s CFO said.
Stock price-induced impairment charge leads to TrueCar net loss of $77.1 million
Vehicle listings company TrueCar reported a loss of $77.1 million for the third quarter — a drop from a much slimmer loss in the same period a year ago .