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Page 15 - Automotive New News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Serra Automotive, Germain Automotive Partnership buy Lexus and Toyota dealerships

A pair of Midwest dealership groups expanded via dealership purchases from Michigan's Spartan Auto Group, which sold its remaining four stores in the state in two transactions. Serra Automotive Inc., of Fenton, Mich., one of the largest privately held groups in the country, bolstered its…

Ford shakeup sees head of quality, Lincoln president to retire

Ford Motor Co. said Wednesday that three top executives, including the president of its Lincoln luxury brand, will retire in the coming months as CEO Jim Farley continues to shuffle his leadership team. Joy Falotico, 55, who has run Lincoln since 2018, and Stuart Rowley, 55, Ford's chief…

Visteon continues upward trajectory as it manages chip shortage

Automotive electronic supplier Visteon Corp.'s net income continued its upward trajectory in the third quarter, owing to new product launches and redesigns aimed at coping with the semiconductor shortage. The Van Buren Township-based company, which primarily makes cockpit electronics products,…

BorgWarner acquires Chinese EV charging business

Auto supplier BorgWarner Inc. said it plans to acquire the vehicle electrification business of Hubei Surpass Sun Electric Co., expanding its electrification foothold to China. BorgWarner on Tuesday said it will take on SSE's EV solution, Smart Grid and Smart Energy businesses. Based in the Hubei…

Alison Cohen | Maryland Daily Record

Alison Cohen Vice President Priority 1 Automotive Group/Admiral Leasing While working toward a bachelor’s degree in fashion merchandising from the University of Delaware, Alison Cohen sold her first car after her freshman year at her family’s business Priority 1 Automotive Group in Towson. That sale led to her joining the company and rising to the .

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