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European automobile manufacturers have expressed concerns about the risks posed by the United States’ Inflation Reduction Act and the possibility of ‘investment leakage’ out of the European Union (EU). Also, due to the arrival of Chinese government-subsidized EV manufacturers, more and more brands like NIO, Xpeng, BYD, Byton and several Geely brands have become visible […]
Morrie’s Auto Group made its first acquisition of 2023 and entered a new part of Minnesota with the purchase of a Stellantis store this month. Morrie’s, of Minnetonka, Minn., west of Minneapolis, on April 3 bought Brandl Motors Chrysler-Dodge-Jeep-Ram from longtime owners Joe Sexton and Gary Posch. The dealership was renamed Morrie’s Little Falls Chrysler-Dodge-Jeep-Ram. […]
LaFontaine Automotive Group has acquired Pfeiffer Lincoln in Grand Rapids, Mich., marking the second Grand Rapids dealership for the Highland, Mich., group as it continues to expand into western Michigan. The acquisition, which closed Monday, follows LaFontaine Automotive’s August purchase of Keller Ford. The Lincoln store purchased from the Pfeiffer family was renamed LaFontaine Lincoln […]
