Asbury's Q1 net jumps 18 percent

Asbury Automotive's first-quarter profits jumped 18 percent, driven by F&I and parts and service gains, on a revenue increase approaching 4 percent.


Flying taxi start-up hires designer behind modern Mini, Fiat 500

Lilium, a startup with ambitions to put electric "flying taxis" in the air next decade, has hired Frank Stephenson, the designer behind several iconic cars such as the Mini, Fiat 500 and McLaren P1.

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