Walser Automotive Expands with Chicago Nissan Acquisition

Minnesota-based Walser Automotive Group is entering into the Chicagoland region with the acquisition of Continental Nissan in Countryside, IL. MINNEAPOLIS–(BUSINESS WIRE)–#AutoNews—Walser Automotive Group, a Minneapolis-area based dealer group, has announced it will buy Continental Nissan of Countryside, Illinois. The single-point purchase, which closed October 1, will mark Walser Automotive Group’s entrance into the Chicagoland market. […]

ZT Motors Comes Home to Houston with Acquisition of Ron Carter Autoland

Automotive group broadens footprint across Southeast with three dealerships in the greater Houston region; on target to become one of the largest minority-owned auto dealers in the U.S. HOUSTON–(BUSINESS WIRE)–ZT Motors, the automotive portfolio arm of Houston-based private equity firm ZT Corporate, announced today it has completed the acquisition of Ron Carter Autoland, located south […]

Advance Auto Parts Names Mann + Hummel 2020 Vendor of the Year

Leading automotive aftermarket parts provider recognizes three additional brand partners during its Virtual Vendor Summit RALEIGH, N.C.–(BUSINESS WIRE)–Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts retailer, presented its 2020 Vendor of the Year awards during the company’s annual Vendor Summit held virtually this year in Raleigh, N.C. During the event, Advance honored […]

Ford Continues Share Gains; Ford Pickup Truck Sales Hit Best Third Quarter in 15 Years; Explorer Sales Accelerate 74 Percent; Lincoln Retail Posts Gains on Strong SUV Sales

DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company (NYSE: F) today reported its third quarter 2020 U.S. sales results. Click here or visit media.ford.com to view the news release. About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford […]

Telenav Special Committee Confirms Receipt of Non-Binding “Go Private” Proposal

SANTA CLARA, Calif.–(BUSINESS WIRE)–Telenav®, Inc. (the “Company”) (NASDAQ: TNAV), a leading provider of connected-car and location-based services, today confirmed that it has received a proposal from V99, a Delaware corporation led by HP Jin, Co-Founder, President and Chief Executive Officer of Telenav, to acquire all of the outstanding shares of Telenav for $4.32 per share […]