Minnesotans Lose Thousands in Auto Dealer-Shipper Scam
The Better Business Bureau (BBB) is warning Minnesotans about scams in which auto dealers and shippers ask customers to wire money for cars they have bought online.
Auto Sales Rebound May Shift Global Growth Focus
Investors should watch out for an impending recovery in global auto sales that will steal the limelight from the semiconductor industry and give some comfort to those expecting the global economy to kick up in 2020.
GKN Stockholders Defy Board, Reject Dana’s Bid, Approve Melrose Industries’
Dana Inc. announced March 29 that shareholders of the United Kingdom-based diversified manufacturer GKN plc voted to accept a rival bid for the company, ending Dana’s pursuit of GKN’s driveline division. London-based investment company Melrose Industries plc won 52% of the vote and will take over the company.
United Road Services Buys Waggoners’ Auto Division
Auto hauler United Road Services said it has acquired the car-hauling division of Waggoners Trucking, a move United Road said would nearly double its capacity.
December 16, 2013Auto Sales Reach Highest Level Since 2007
Auto sales in the United States grew in November to the highest rate since February 2007, Bloomberg News reported.
December 3, 2013