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Dealer Ops

Asbury Acquires Park Place in $1B Deal

Among the stores to be acquired from Park Place Dealerships by Asbury Automotive Group is Bentley Dallas, one of the British manufacturer’s biggest U.S. franchises. - Photo courtesy Bentley Motors

Asbury Automotive has agreed to acquire the Park Place group of dealerships, adding 17 Texas rooftops and raising Asbury’s highline revenue to approximately 50% of its total.

Trump, Democrats Agree to Revised USMCA

President Donald Trump is flanked by then-Mexican President Enrique Peña Nieto and Canadian Prime Minister Justin Trudeau in a signing ceremony for the preliminary tripartite trade agreement at...

President Donald Trump, House Speaker Nancy Pelosi, and factory and labor officials all cheered the imminent passage of a revised version of the U.S.-Mexico-Canada trade bill.

Blackwell Promoted to COO at NuVinAir

Former AutoNation and CarMax executive Troy Blackwell has been promoted to COO of NuVinAir less than four months after joining the company as a senior vice president.