AutoNation net income, revenue harmed by CDK cyberattacks
AutoNation Inc. reported a massive drop in net income due in part to lost revenue and hits to vehicle sales stemming from the June 19 CDK Global cyberattacks
Carvana's 'mousetrap': Analysts expect higher Q2 sales and room to seize more
Carvana could top Wall Street’s expectations for a 3 percent quarter-over-quarter sales volume increase, BTIG analyst Marvin Fong wrote.
Stellantis sues dealership to avoid spending $180 million to buy back fleet vehicles
Stellantis has taken a North Carolina dealership to court to avoid having to repurchase several thousand unsold fleet vehicles at a cost of about $180 million.
Goodyear hires former Stellantis executives Mamatha Chamarthi, Will Roland
Goodyear CEO Mark Stewart, formerly Stellantis COO for North America, is bringing two former colleagues to senior executive posts at Goodyear.
Mike Brennan is new Gulf States Toyota COO
Brennan spent more than a decade distributing Toyota vehicles throughout states in the southeast.