OFFER EXTENDED:
Save 45% on a subscription.
Dealer Issues

SiriusXM acquires connected-vehicle services company for $115 million

SiriusXM reached further into connected-vehicle services by completing the acquisition of Automatic Labs for $115 million in cash.


Sonic swings to Q1 loss on refinancing costs, weak sales

Sonic swung to a first-quarter loss of $541,000 from a year-earlier net profit of $14.6 million as the dealership group took a hit from refinancing its debt. Weak retail sales didn't help.

Sign up for our daily newsletter

We'll send you the top news of the day each weekday afternoon.

Newsletters