Auto industry vaccine mandates a mixed bag as federal rules loom
Some auto companies are moving ahead on mandatory vaccinations while others are taking a wait-and-see approach.
LaFontaine, Kayser, Kendall and Coughlin groups acquire dealerships
LaFontaine Automotive Group and Kendall Automotive Group are among buyers in recent dealership acquisitions in the Midwest and West.
GM Chief Information Officer Randy Mott to retire
Mott, 65, redefined GM’s IT business by insourcing IT operations. He also developed a private internal cloud and an advanced search engine of GM and third-party data.
Magna Q3 profit down as auto output falls due to chip shortage
Magna says vehicle production was significantly lower than anticipated largely due to the chip shortages which drove unpredictable customer production schedules.
Lithia sells 2 dealerships in New York
Lithia Motors has now sold four dealerships this year that were part of the Carbone Auto Group, which it acquired in 2016.