Jonathan Banks, vice president of used-vehicle valuations at J.D. Power, said at the NADA Show in Dallas that even with declining prices, the used-vehicle market will remain profitable...Read More
Asbury Automotive Group Inc.'s profit more than doubled in the fourth quarter as the Duluth, Ga., public retailer closed out its first full year of earnings boosted by its December 2021 acquisition of Larry H. Miller Dealerships...Read More
Fourth-quarter net income soared to $233 million from $15 million a year earlier, when one-time special costs and a decline in revenue hurt results...Read More
Slaven, 56, who served as chief marketing officer for nearly a decade, decided to retire, a company memo said. He is the latest in recent high-level executive departures at Mercedes-Benz USA...Read More
Battery maker plans to use proceeds to support European expansion plans, especially the development of a plant in Hungary, Reuters reported...Read More
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