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Sonic Automotive expanding its footprint in the powersports sector through the acquisition of five Harley-Davidson dealerships. The Charlotte, N.C.-based retailer acquired Harley-Davidson stores in California, Florida, Georgia and North Carolina, increasing Sonic Powersports’ network to 20 rooftops nationwide and 46 franchises, according to an April 21 company release. Sonic did not disclose the financial terms of the transaction. The […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
