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Group 1 deal for Brazil's UAB Motors opens new frontier for growth

8:38 pm U.S. ET | Jan. 24, 2013
Group 1 Automotive's plan to acquire one of Brazil's largest dealership groups signals another frontier for the U.S. auto industry's expansion-minded publicly traded dealership groups. Until now, Group 1 and Penske Automotive Group have concentrated on Europe when it came to overseas acquisitions while joining their four big peers in selectively adding U.S. stores.... Read More »

 

Commercial van sector gets makeover

12:01 am U.S. ET | July 9, 2012
More American tradesmen will soon find themselves behind the wheel of a commercial van developed overseas. Three automakers -- Ford Motor Co., Chrysler Group and Nissan North America -- have introduced or will roll out next year commercial vehicles from their overseas operations that promise higher fuel economy.... Read More »

 

Altima sales push Nissan ahead 12%

3:14 pm U.S. ET | Feb. 1, 2012
Big demand for its Altima sedan helped drive Nissan Division sales up more than 12 percent in January compared with January 2011. The brand sold 72,517 cars and trucks for the month, up from 64,442 a year ago. Sales of luxury Infiniti vehicles fell 8 percent to 6,796 in January, compared to 7,405 in January 2011.... Read More »

 

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