Matt McGovern went on a dealership acquisition spree to start 2022. With the exception of April, McGovern bought one franchised dealership each month from January through June, bolstering McGovern Automotive Group’s presence in Massachusetts with five more stores. McGovern’s acquisition activity is a microcosm of the buy-sell market for the first half of the year:
By Johnna Crider Posted on November 19, 2022 Audi provided a behind-the-scenes look at its S1 e-tron quattro Hoonitron designed for Ken Block’s first Electrikhana video on Friday. In August, the Audi S1 e-tron quattro Hoonitron made its U.S. debut during Monterey Car Week. The all-electric vehicle is being featured in Ken Block’s first Electrikhana
Hal “Tex” Earnhardt Jr. built an auto retail empire in Arizona from a single Ford store in 1951. Earnhardt was a rodeo cowboy in his early 20s when he entered the industry after working at his family’s Chandler, Ariz., gas station. And he integrated his passion for rodeos with his passion for the car business.
12:22 PM ET ABU DHABI — Lewis Hamilton ranks his 2022 season among the worst three of his career, but says he is not overly concerned about missing out on a race victory this year. The seven-time champion recorded his worst ever position in the driver standings after finishing sixth, 35 points adrift of teammate
Volkswagen has set up accounts on fast-growing Twitter alternative Mastodon amid questions over the future of the social network under Elon Musk. VW confirmed it created the handles @VWGroup and @Cariad_Tech on Mastodon for communications related to its group and software unit, respectively. “Mastodon is an attractive platform that we would like to try out,”
Jaguar is dipping into the art world with its [un]reality social media showcase that uses an advanced artificial intelligence system to transform text into an image. The state-of-the-art artificial intelligence system, dubbed DALL·E, creates realistic images and art based on text descriptions. The British automaker says it is becoming a pioneer of next-generation technologies as
Police in Michigan said a group of more than 20 people broke into a vehicle holding lot last week, had a shootout with a security guard before making off with 13 vehicles and led officers on a lengthy high-speed chase. One of the thieves died after crashing a 2022 Ford Mustang he had taken, according
Amtrak’s Acela is the fastest passenger train in the Western Hemisphere, but tickets can be pricey. Amtrak fares can vary dramatically in the Northeast, home of the most heavily used stretch of track in the railroad’s nationwide network, which also includes stops in Canada. But tickets are often more expensive than plane tickets, despite flight
The 2023 Acura TLX enters the new model year with minimal changes, the most significant being newly standard AcuraLink telematics services. Customers now get three years of these services free of charge, including Security and Remote packages. The Security package includes automatic collision notification, an emergency call function, enhanced roadside assistance, and an app to
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Entry-level luxury crossovers are an interesting proposition as they beg the question of why get a Chevy or Ford, when you can get a BMW or Mercedes for a little extra money. Unfortunately, cheap could be used to describe more than their price tags as many early examples came up short in the luxury department.
TOKYO — The troubled, ever-evolving Tokyo auto show will be rechristened the Japan Mobility Show when it returns in 2023 under a bigger tent that aims to include everything from motorcycles to startups and an array of new participants under an “all-industry” banner. Organizers hope the reboot rekindles international interest in Asia’s erstwhile premier auto
A New York cyclist got in trouble after removing a piece of plastic from an illegally obscured license plate of a Chevrolet Suburban in Brooklyn. He was arrested by NYPD officers after being charged with 4th-degree criminal mischief for allegedly damaging the plate. Notably, the SUV driver who was inside the vehicle during the incident
The Inflation Reduction Act is the biggest overhaul of U.S. automotive policy in a generation. If all goes according to plan, it will transform what Americans drive on the streets — and create economic boomlets for the states that manufacture those new vehicles and components. At least that’s the plan. This new law is so
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT An image of new Twitter owner Elon Musk is seen surrounded by Twitter logos in this photo illustration in Warsaw, Poland on 08 November, 2022. STR | Nurphoto | Getty Images New Twitter owner and CEO Elon Musk announced that he will reinstate the Twitter
Italy is the latest country listed by Tesla in the European Non-Tesla Supercharger Pilot program, which currently includes a three-digit number of stations. As in the case of most of the other countries, also in Italy only some of the Tesla Supercharging stations are available to non-Tesla electric vehicles. The company does not provide a
9:09 AM ET Ferrari Formula One boss Mattia Binotto said on Saturday he was relaxed about his future with the team and had discussed recent speculation that he was facing the sack with company chairman John Elkann. Ferrari issued a statement earlier this week dismissing as “totally without foundation” media reports in Italy that Binotto
FRANKFURT — Volkswagen Group is holding discussions with investors to join its battery division ahead of a possible partial initial public offering (IPO) of the subsidiary, two people familiar with the matter told Reuters. The idea is to bring in investors pre-IPO so VW can gauge how the division – named PowerCo – might be