The Automotive Industry continued consolidation with large dealership acquisitions to enhance footprint and long-term growth potential group 1 automotive (“Group 1” or the “Company”) has announced that it has entered into a definitive agreement to acquire 10 dealerships from Hennessy Automobile Companies. The acquisition is one of Group 1’s largest expansion efforts of late and […]
Volkswagen’s Radical Overhaul: Slashing Models for a Leaner Future
More than 80 years Volkswagen group made a name for itself as it built the largest and most diverse empire in the global auto market. VW group vehicles cover all the spectrum of automobiles: in the cheap end of market you can find cars from Volkswagen, Skoda, SEAT and in the other hand very exclusive […]