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Lithia Motors buys 14 automobile dealerships from Precedence Auto Staff

Baua Electric

The purchase builds off Lithia’s tiny footprint within the Mid-Atlantic environment and provides the automobile store a large presence right through Virginia. The post Lithia Motors buys 14 automobile dealerships from Precedence Auto Staff appeared first on Bauaelectric Auto News.

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Honda to invest $40B over 10 years in electrification and software; launching 30 EV models by 2030; > 2M units p.a.

Green Car Congress

In a press briefing held in Tokyo on its initiatives in automobile electrification, Honda announced that it will spend approximately ¥5 trillion (US$40 billion) in the area of electrification and software technologies to further accelerate its electrification over the next 10 years, including both R&D expenses (¥3.5 trillion / US$12 billion).

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Asbury Q2 web source of revenue slips 2.5%, however diminish a lot lower than Q1 in spite of fewer retail outlets

Baua Electric

This date on Might 15, the midpoint of the second one quarter, Asbury bought David McDavid Acura in Austin, Texas, to Umansky Car Crew of Memphis, Tenn. On a same-store foundation, Asbury’s second-quarter income declined 0.9 Gross sales: 38,260 fresh automobiles, i’m sick 1.1 Asbury stated Tuesday that it earned $10.2

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Lithia provides Precedence Auto Workforce in Virginia

Baua Electric

If Lithia received all Precedence Auto shops, it will mark this pace’s largest do business in with regards to the selection of dealerships added, as tracked by means of Automobile Information. 55 on Automobile Information ‘ checklist of the manage 150 dealership teams primarily based within the U.S., ranks Negative.

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2024 Ford Ranger Raptor, 2024 Mercedes-Benz AMG E 53: Lately’s Automobile Information

Baua Electric

The outgoing E 53 generates 429 hp from an inline-6, and we think the untouched one to store much more horsepower, in all probability from a 4-cylinder coupled with hybrid generation. Mercedes-Benz has a redesigned E-Elegance on its option to showrooms next this life, and a prototype for the AMG E 53 variant has been noticed.