Six dealerships traded hands in five separate transactions in the first, second and third quarters. Here’s a look at the deals involving import and domestic dealerships and stores in Texas, Louisiana, Oregon and Minnesota. McGavock Auto Group dealership acquired after failed sale to LMP One of McGavock Auto Group’s Texas dealerships that was slated to
Month: September 2022
In this article RACE Ferrari Purosangue Source: Ferrari Ferrari on Tuesday revealed its new Purosangue, the 75-year-old sports car maker’s first-ever four-door production vehicle. The Purosangue looks like an SUV, akin to other luxury sports SUVs from brands like Porsche and Maserati. But despite its size, shape and higher stance, the company insists that the
By William Johnson Posted on September 16, 2022 Lincoln President Joy Falotico has stated that she expects dealership numbers to shrink to below 600 stores by the end of the year. According to a recent interview conducted by Automotive News, the luxury Ford brand is expecting its total number of dealerships to shrink to under
PARIS — Global automotive production appears to be gaining momentum, according to a new forecast from S&P Global Mobility — but the analyst company has downgraded its outlook for Europe as semiconductor shortages continue and slowing demand looms as an issue. S&P Global Mobility (formerly IHS Markit) has upgraded its latest global forecast, issued this
Sep 14, 2022 Alex Albon has been released from hospital and returned home after he suffered respiratory failure following complications from an appendectomy on Saturday. Albon missed last weekend’s Italian Grand Prix after falling ill with appendicitis. Following surgery on Saturday, the Thai driver experienced “unexpected post-operative anaesthetic complications”, including respiratory failure, and was sent
Some people in Boisbriand, Quebec, are still, apparently, behind the times, as two recent examples of Tesla Superchargers being ICE’d demonstrate. There’s something about these examples that is particularly galling. Drive Tesla Canada recently shared photos of one Supercharger parking spot being blocked by internal combustion vehicles on two separate occasions. In one case, a
Daytona’s Garage, an offshoot of a Stellantis dealership in Florida, has a “let’s figure it out” approach when it comes to making dreams a reality for buyers with ambitious visions for customizing their vehicles. This openness makes Daytona Dodge-Chrysler-Jeep-Ram’s custom shop a loyalty-builder that generates excitement among customers, said dealership owner Randy Dye. “We owe
While the federal government hurries to approve state plans to support an electric vehicle charging network across the country, President Joe Biden is busy visualizing the end goal. “The great American road trip is going to be fully electrified,” Biden said Wednesday in a speech at the Detroit auto show, his first visit to the
In this article NKLA CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy December 2, 2019. Massimo Pinca | Reuters The founder of electric semitruck maker Nikola Motor is standing trial on fraud
Recently, Freiburger and Dulcich were stopped by some fans who invited the guys to come thrash the Crusher Impala around their property. While there, Freiburger spotted a big-block 440-swapped ’68 Dart he couldn’t pass up. Now, the guys pick up the Dart and take it home to give it an impressive engine bay makeover and
Ferrari this week revealed the Purosangue, the automaker’s first SUV, and also its first production 4-door vehicle. The high-riding prancing horse is the successor to the GTC4 Lusso and packs a newly developed V-12 engine good for 715 hp. Pagani Utopia Pagani revealed its successor to the Huayra, and the design is sure to be
Equally important as adopting renewables is ensuring the buildings they power are also sustainable. Electrek spoke with Breana Wheeler, US director of operations at BREEAM, the world’s first green building certification program, about what the ideal decarbonized building looks like and how US real estate investors should see climate change as an opportunity. Electrek: What
Volkswagen Group is set to receive hundreds of millions of euros in trading profits as it offloads a massive natural-gas hedge, selling large amounts of fuel it previously purchased back into the German market. VW has directed the sale of 2.6 terawatt-hours’ worth of gas contracts, according to a document seen by Bloomberg News. That
12:50 PM ET Marshall Pruett Will Power won an ultra-tightly contested 2022 IndyCar championship at Laguna Seca on Sunday. AP Photo/Nic Coury His fingers were stained reddish orange and his tongue was burning. Three hours after crossing under the checkered flag in Monterey, California, on Sunday, newly crowned IndyCar champion Will Power‘s stomach was empty. Thanks
The highway is usually a stress-free environment for truck drivers, but things can go really wrong as proven by new video footage coming from Poland. It all started when a truck driver came to a full stop in the right lane just after missing an exit, causing a terrifying accident that involved two other trucks.
A manufacturing error led to a recall of Mercedes-Benz vehicles, according to NHTSA. The rear door window trim bars may detach in several 2020-22 GLE and GLS models, including AMG and Maybach variants. An estimate in a Sept. 12 statement indicates about 161,000 vehicles are affected. Dealers will inspect and fix the trim bars for
Uber Technologies Inc said it was investigating a cybersecurity incident, after a report that its network was breached, forcing the company to shut several internal communications and engineering systems. A hacker compromised an employee’s account on workplace messaging app Slack and used it to send a message to Uber employees announcing that the company had
Water tender crews monitor a backfire during the Mosquito fire in Foresthill, an unincorporated area of Placer County, California on September 13, 2022. Josh Edelson | AFP | Getty Images As a massive wildfire chewed through tens of thousands of acres in California over the past week, smoke and ash billowed into nearby towns including
When Ford unveiled the Mustang Mach-E in November 2019, many pony car enthusiasts were outraged that it dared to use the iconic name on an EV that was also an SUV. In the meantime, the Mach-E has earned its place in the Mustang lineup and is currently Ford’s best-selling electric vehicle. The Mach-E has led
The Bubble is back! Freiburger and Finnegan ride high as they test the dragstrip and off-road capabilities of their 1995 Chevy Caprice 9C1. The pink and lifted former cop car on 26-inch wheels jumps amazingly well and is powered by the mythical 4.3-liter V8. Will the engine handle nitrous at the track, and will the
MADRID — Stellantis and Renault will partly halt their Spanish plants in the coming days and weeks as the lack of microchips persists, two union representatives told Reuters on Friday. The global chip shortage, caused by pandemic supply chaos and booming demand, has ravaged the automotive sector with many companies halting production temporarily. Two Renault
DETROIT — Chevrolet will begin its first big mainstream marketing push for its new generation of electric vehicles Sunday with a spate of ads airing during NFL football. The ads, focusing on the Equinox EV, Silverado EV and Blazer EV, which are due to arrive at dealerships in 2023, will stress the theme “built for
The Lexus IS enters the 2023 model year with only minor updates. Key among them is a Special Appearance Package for the IS 350 F Sport that adds a unique gray finish contrasted by a black hood and roof. Dutch electric vehicle startup Lightyear is working on a fastback sedan as its first model. The
11:45 AM ET Associated Press CHARLOTTE, N.C. — NASCAR champion Kyle Larson has signed a three-year contract extension through 2026 with Hendrick Motorsports, the team that welcomed him back last season after a nearly one-year suspension. The extension announced Friday includes sponsor HendrickCars.com, which will sponsor the No. 5 Chevrolet for 35 races a season.
The town of Schertz, Texas, suffered a pretty major inconvenience yesterday after a car hauler got beached at a railroad crossing. Unfortunately, the truck got stuck just as a train was coming, which ended up T-boning the truck’s trailer. Fortunately, no one was injured in the accident, which happened just before 2:00 p.m., according to
DETROIT — A shade reminiscent of a volcanic explosion represents North America’s latest car color trend, auto coatings supplier BASF said at the Detroit auto show. BASF showcased the shade Lava at the show Wednesday. The color represents a crossroads of high technology and sustainability, BASF designers said. Lava, a charcoal gray with red undertones,
DETROIT — As cyberthreats to the auto industry grow, companies need to improve communication and cooperation to avoid hacks that could grind business to a halt, executives and regulators said at the Auto-ISAC cybersecurity summit in Dearborn, Mich. “Hackers thrive when companies aren’t sharing information, when colleagues don’t talk and when private and public sectors
In this article F Ford Chair Bill Ford and President and CEO Jim Farley converse in front of newly revealed Mustang Dark Horse at The Stampede in downtown Detroit on Sept. 14, 2022. Ford DETROIT – Ford Motor CEO Jim Farley was in his element Wednesday night, surrounded by gearheads and the automaker’s new 2024
By William Johnson Posted on September 15, 2022 Volvo Trucks has announced that they have begun production of their all-electric semi-trucks. According to a press release from the company, Volvo Trucks is beginning production of their all-electric heavy trucks that they will sell in Europe. The trucks are being produced at the company’s Tuve facility
DETROIT — Stellantis is considering “significant” investments to produce energy for its European facilities as part of its response to the threat of the cut-off of natural gas supplies from Russia. “We are now preparing a very strong energy (use) reduction plan,” CEO Carlos Tavares,Tavares told reporters during a video conference on the sidelines of
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