Fiat Chrysler considers Maserati, Alfa spinoffs to boost value, report says

Fiat Chrysler is considering spinning off Maserati and Alfa Romeo as well as its components operations as it seeks to focus on mass-market cars to make FCA more attractive for a potential combination, Bloomberg reported.

Asbury CEO Monaghan will retire; COO Hult moves up

Asbury Automotive CEO Craig Monaghan will step down Jan. 1 after nine years leading the public dealership group. COO David Hult will replace him.

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