Continental Auto Group founder Bryan Hardeman arrested on more arson charges
Bryan Hardeman, founder of Continental Automotive Group, was arrested for the second time in two months in connection with multiple suspected arson fires in Austin, Texas.
6 public auto dealership groups challenged by inflation, lower profit per vehicle
Asbury, AutoNation, Group 1, Lithia, Penske and Sonic continue turning to acquisitions or growing service and parts operations for new revenue sources.
Toyota names Jack Hollis, Chris Reynolds to new jobs under Ogawa
Toyota restructures its top North American management, splitting responsibilities between Jack Hollis and Chris Reynolds, with both reporting to CEO Ted Ogawa.
UAW to hold strike vote at Stellantis' Warren Stamping Plant
Around 1,100 workers at Stellantis’ Warren Stamping Plant will vote May 6 on whether to authorize a strike over unresolved health and safety grievances.
Lear's Q1 net income falls as auto supplier goes full bore into automation
The seating and electronics supplier generated record Q1 revenue but saw net income drop 24% as it navigates operational and restructuring challenges.