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Group 1 Automotive Completes Redemption of All Outstanding 5% Senior Notes Due 2022
Group 1 Automotive, Inc., an international, Fortune 500 automotive retailer, announced Sept. 2 it has completed the redemption of all of its outstanding 5% senior notes due 2022.
Chuck Searles Joins AMi as New President
The Board of Trustees at the Automotive Management Institute, the industry’s leading provider of management education for automotive service and collision repair professionals, is pleased to announce Chuck Searles has been selected as the organization’s new president, effective immediately.
Expert Predicts Auto Industry Could Take 2 Years to Rebound to Pre-Pandemic Sales Levels
It's going to take at least two years for auto manufacturers to restore the sales and production numbers seen before the start of the coronavirus pandemic, an industry expert told Michigan lawmakers in Lansing on Sept. 2.
How August Used-Car Sales Wrapped the Month
Though with gains not as strong as those from earlier in the month, August closed on a high note for the used-car operations of franchised dealers, as their pre-owned the last full week of the month beat pre-virus forecasts by 1%.
AutoNation Donates $25,000 to American Breast Cancer Foundation
AutoNation, America's largest and most recognized automotive retailer, announced Sept. 1 it is donating $25,000 to the American Breast Cancer Foundation (ABCF), a national 501(c)3 charity dedicated to providing educational resources, access and financial assistance to aid in the early detection, treatment and survival of breast cancer for underserved and uninsured individuals, regardless of age or gender.
On the Lighter Side: Factory Five ‘33 Ford Hot Rod Proves Kit Cars Can Kill It
Written by Steven Symes, MotoriousThis is the ultimate built-not-bought hotrod…
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Tesla Supercharger V3 Network is Expanding to U.S. Target Retail Locations Nationwide
Tesla’s widespread Supercharger Network is getting a boost from a large national retailer in the U.S.
Honda, GM Sign MoU Toward Establishing Strategic Alliance in North America
General Motors and Honda on Sept. 3 announced they have signed a non-binding memorandum of understanding following extensive preliminary discussions toward establishing a North American automotive alliance.
Ernst & Young Announces Mike Black of Dent Wizard as Finalist for Entrepreneur of the Year® 2020 Heartland Award
Ernst & Young LLP announced Mike Black, president and CEO of Dent Wizard International, was named an Entrepreneur Of The Year® 2020 Heartland Award finalist.
Telematics and Vehicle Build Data---the Next Frontier for Auto Claims
The next phase in the evolution of auto insurance claims will be heavily influenced by two key elements---telematics and vehicle build data.