Sonic ponders EchoPark future
The nation’s seventh-largest new-vehicle retailer said it is calling for a “review of strategic alternatives” for EchoPark.
Axle suppliers see boosted net profits and revenues in Q2
Dana and American Axle both posted profitable second quarters as they continued to recover from the pandemic-impaired results of 2020.
4 injured as Faulkner dealership near Philadelphia suffers tornado damage
A video taken by someone inside the store shows how the tornado severely damaged the showroom and vehicles.
Chip shortage hits Jeep Gladiator output
Jeep Gladiator production at Stellantis’ Toledo, Ohio, assembly complex will be idled next week, making the No. 3 selling midsize pickup the latest casualty in the global microchip shortage.
Ed Morse acquires 2 Texas dealerships; Advantage Rent a Car owner buys store in Georgia
Here’s our weekly roundup of some dealership acquisitions in the U.S.