Automotive Ventures, which provides consulting and venture capital to automotive entrepreneurs, is launching DealerFund, with plans to raise $50 million from about 50 dealer investors.
A number of used-car auction houses are dismissing the concerns of some about artificial intelligence to embrace the technology that helps hone the vehicle imaging and inspection process.
Court ruling against Honda dealership’s obstructionist landlords upheld
The landlords of a proposed Honda dealership engaged in extortion and wrongfully delayed construction of the store for more than two years, the Massachusetts Supreme Judicial Court has ruled.