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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 »

 

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Racing, tech events draw crowds to Hoffman stores

Racing, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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