Ex-UAW official Pearson sentenced to 1 year in prison
Vance Pearson was sentenced for conspiring to embezzle union funds and further racketeering activity with other high-ranking union officials.
VW to sell stake in charging unit Electrify America, report says
The automaker is working with Citi to find a co-investor that is prepared to inject roughly $1 billion into the division, Reuters reported.
BMW grabs luxury lead
BMW, followed by Mercedes and Lexus, takes lead in U.S. luxury sales race going into second half of 2021.
Asbury taps Group 1 exec for CFO slot
Asbury found a replacement for Patrick Guido within two weeks of his departure as CFO.
Actor Mark Wahlberg, dealer Jay Feldman to open fifth Ohio dealership
The acquisition follows the opening of four other dealerships in Ohio in 2018 and 2020.