Michael’s Chevrolet in Fresno, California was struck by gunfire Tuesday following a drive-by shooting in the city Tuesday afternoon, according to police. At around 5:20 p.m., officers say multiple 911 callers described shots fired from a white vehicle in the area … Continue reading Michael’s Chevrolet Car Dealership Struck in Fresno, California Drive-By Shooting
LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced a definitive acquisition agreement for 85% of two Chrysler Jeep Dodge Ram Dealerships in New York generating approximately $270 million in annualized revenue. Expected to close … Continue reading LMP Announces Acquisition Agreement of Two New York Car Dealerships
As folks shift away from traditional dealerships in favor of direct sales like Tesla, or car delivery services like Carvana, dealerships need new ways to bring people in the doors. If not that, then at least figure out new ways to make money. Toyota of Walnut Creek in … Continue reading $300 Million Toyota Dealership Coming To California
Lithia Motors & Driveway has expanded its presence in the Southwest with the purchase of Avondale Nissan in Phoenix. The acquisition announced Tuesday would add $75 million in annualized revenue for the retailer. Lithia’s purchases since launching a five-year plan … Continue reading Lithia expands in Phoenix with Latest Car Dealership Purchase
While car buyers are increasingly using digital tools to shop for a car, data shows U.S. consumers say they still value the in-person experience at dealerships. That’s according to Capital One’s inaugural Car Buying Outlook, the first-ever survey of both consumer and dealer … Continue reading 2021 Capital One Car Buying Outlook Findings
A Milwaukee car dealership is selling a former Milwaukee County Transit System bus. “It’s something you don’t see everyday,” said Miguel Herrera, owner of Arandas Auto Sales, near South 27th Street and West Forest Home Avenue. When Herrera purchased the bus during a public … Continue reading Arandas Auto Sales Selling a Former MCTS Bus in Milwaukee
Vicksburg, Mississippi’s business community lost a giant, and a cherished Vicksburg family lost a loved one as George Carr died Monday after a lengthy battle against COVID-19. The family announced his passing on Facebook. “My precious dad went to be … Continue reading George Carr, Owner of George Carr Buick Cadillac GMC Passes Away from COVID-19
As electric vehicle startups looking to sell directly to consumers take aim at state laws that they say protect dealerships at the expense of consumer choice, all players have made the needs of potential EV customers a central part of their arguments. … Continue reading Consumers Split on Their Preferred Car Buying Experience when Purchasing Electric Cars
Father and son Arthur and Omar McGee are embarking on a new journey that involves their love for cars. McGee’s Collision, G6142 N. Saginaw Road, in Mount Morris Township has been in business for the last 56 years as an … Continue reading Close Bond Over Love of Cars Inspires Father and Son to Open Dealership in Michigan
March 29th, 1927 Major Henry O’Neil de Hane Segrave became the first man to break the 200 mph barrier. Driving a 1,000 horsepower Mystery Sunbeam, Segrave averaged 203.79 mph on the course at Daytona Beach, Florida. Segrave and his contemporary, … Continue reading March 29th – April 4th | This Week In Automotive History
