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California Store Has New Owner
The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.
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AE Magazine
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SEARCHMENUSEARCHThe longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.
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Reynolds and Reynolds Co., Cox Automotive and CDK Global are seeking or contemplating new acquisition deals in 2023.
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Toyota Motor Corp’s next chief executive, Koji Sato, is calling for an “EV-first mindset” for the Japanese automaker.
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Dealers worry that continued increases will cut demand, raise stocking costs.
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Report suggests middle-class norm becoming harder to achieve.
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Sales bump shaves supplies, especially in compact, midsize segments.
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Hits 2 ½-year low. Subprime, negative-equity shares fall.
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Expanded plant to support production of more than a million EVs a year.
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Stake would give it access to one of world’s biggest stores of key EV battery element.
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