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Group 1 buys U.K. dealership group, sells 3 U.S. stores
February 5, 2016, 4:30 pm EST
Group 1 Automotive has acquired the Spire Automotive Group of 12 dealerships in the Greater London area. It also has divested three dealerships in the U.S.
Margin squeeze hurts used-vehicle prices, economist says
February 5, 2016, 1:03 pm EST
The Manheim Used Vehicle Value Index dipped in January, registering only its second decline in the last eight months.
Mercedes sales rise 20% in Jan. on strong China demand
February 5, 2016, 7:13 am EST
Sales of Mercedes brand cars increased by 20 percent in January to 150,814, buoyed by a 52 percent jump in China sales.
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