Group 1 Automotive buys high-volume Toyota store in Texas
Group 1 Automotive purchased the Charles Maund Toyota dealership in Austin, Texas. The auto retailer said it was attracted by the Toyota brand and the growing region.
Cindy Estrada, head of UAW's Stellantis department, to retire in December
Estrada’s departure will follow the retirement of Terry Dittes, vice president of the UAW-General Motors department, in July.
Intel's Mobileye confidentially files for IPO in U.S.
Intel did not give more details about the offering for its autonomous technology unit but has said some of the proceeds will be used to build more chip plants.
Wholesale used-car prices fell slightly in February
Cox Automotive said that its Manheim Used Vehicle Value Index, which tracks vehicles sold at Manheim’s U.S. auctions, fell 2.1 percent in February compared with January.
Asbury Automotive Group sells Toyota dealership in Colorado
Asbury Automotive Group Inc. has sold a Toyota dealership in Colorado that it acquired as part of the Larry H. Miller Dealerships acquisition in late 2021. Baxter Auto Group has expanded its footprint in the state with the purchase of the dealership.