Porsche is working to increase supplies of the new Macan midsize crossover to US dealers in 2015. Wait times for Macan buyers have been six months or more since it went on sale last May. ... Read More »
Wall Street powerhouse Soros Fund Management is ready to move on a deal to acquire auto dealerships, a representative of the fund said at a private dinner Saturday in San Francisco, according to two sources who attended the event. Soros is prepared to invest as much as $1 billion on dealerships, one of the sources said.