White Family Cos., City Auto Group, Drewing Automotive Group and Toliver Auto Group were buyers in deals
Four auto retailing groups acquired dealerships in Kentucky, Illinois, Missouri and Oklahoma.
The Super Bowl has gone to the (robot) dogs with Kia plugging electric pooches
Kia Motors this week released its 60-second Super Bowl ad that plugs its new EV, the EV6, by introducing Robo Dog—a plug-in puppy that chases the EV6 in search of a charge.
Ford Q4 net income surges to $12.3 billion on Rivian investment gain
The profit includes an $8.2 billion gain from Ford’s investment in Rivian, the EV maker that went public in November, though Ford would have turned a profit anyway.
Wallbox unveils Super Bowl ad with lightning strike survivor
The spot tells the story of a lightning strike survivor who has a fear of electricity. Despite this, he still uses a Wallbox charger to for his EV.
Growing Lithia Motors makes first 2022 acquisitions
Lithia Motors Inc. now has 280 dealerships across the U.S. and Canada following its latest acquisition.