AutoNation Inc. and four other auto retailers ranked on Automotive News' list of the top 150 dealership groups based in the U.S., were involved in the latest store merger and acquisition deals.
General Motors is laying off workers at its all-electric Factory Zero plant where it is adjusting production “to align with market dynamics,” the company said.
The move means the sports-car maker has been able to keep prices constant for orders made in March, Reuters reported.
Automakers, suppliers and retailers mostly saw drops in share price after President Donald Trump’s tariffs took effect. Here is a look at the Wall Street impact.