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Group 1 Automotive revenue soars in Q1

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Group 1 Automotive, Inc. released its financial results on Wednesday, which showed the international auto retailer posted record numbers for the first quarter. Net...
Todd Skelton

Former CEO Todd Skelton reflects on his career at Prime Automotive...

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In the final quarter of 2021, Group 1 Automotive closed a deal to acquire nearly all of Prime Automotive’s assets. As we ushered in...
Todd Skelton

Former CEO Todd Skelton reflects on his career at Prime Automotive...

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In the final quarter of 2021, Group 1 Automotive closed a deal to acquire nearly all of Prime Automotive’s assets. As we ushered in a new...
Sonic Automotive

Sonic Automotive adds $3.2 billion in annualized revenues with acquisition of...

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CHARLOTTE, N.C., Sept. 22, 2021 – Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers,...
Group 1

Group 1 Buys Prime Automotive Dealerships in $880 Million-Dollar Deal

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As of Monday, September 13, 2021, Group 1 Automotive Inc. has committed to purchase Prime Automotive Group. The $880 million deal includes Prime’s 30...
ReconVelocity

On CBT News for April 27, 2020: How ReconVelocity is Helping...

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Today on CBTNews.com - Monday, April 27th, 2020: How ReconVelocity is Helping Dealer Groups Like Premier Automotive Get Through COVID-19 On today's show, we continue our...
Adam Arens

Adam Arens of Patriot Automotive Group Discusses His Strategy for Working...

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  As part of our ongoing Coronavirus coverage, we’re pleased to welcome Adam Arens, President of the Patriot Automotive Group. In this segment, Adam and...
New tariffs targeting Chinese EVs, batteries, solar cells, steel, aluminum, and medical equipment will be implemented gradually over 3 years. Bidens' admin imposed tariffs on Chinese EVs, Lotlinx's inaugural Quarterly Vincensus Report. Stay up to date with the latest industry news.

Automotive Weekly Round Up: Biden imposes tariffs on China, Mercedes-Benz Alabama...

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Earlier this week: The Biden administration announced new tariffs targeting Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum, and medical equipment. Workers at the...

Honda doubles EV investment, Kia offers $12k in EV discounts, Hyundai’s...

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Top stories Honda doubles EV investment. Read More Kia offers EV discounts up to $12,000. Read More Hyundai's global wholesale sales declined in April. Read More Used retail...
In Q1 2024, the global registrations of new passenger plug-in electric cars increased significantly by 25% compared to the previous year.

Global plug-In electric car registrations surge in Q1 2024

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In Q1 2024, the global registrations of new passenger plug-in electric cars increased significantly by 25% compared to the previous year, with over 3.2...