Government, Business, Logistics, TCA

Minnesotans Lose Thousands in Auto Dealer-Shipper Scam

Minnesotans have lost thousands of dollars on an auto shipper-dealer scheme. (SergeyTikhomirov/Getty Images)

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.

Tim Harlow | StarTribune
May 8, 2020
Government, Business, Equipment

Auto Sales Rebound May Shift Global Growth Focus

Auto Sales General Motors Co. Chevrolet pickup trucks sit on display for sale at a car dealership. (Luke Sharrett/Bloomberg News)

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.

Adam Haigh | Bloomberg News
January 9, 2020

GKN Stockholders Defy Board, Reject Dana’s Bid, Approve Melrose Industries’

GKN driveline group GKN plc

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.

Roger Gilroy | Senior Reporter
March 29, 2018

United Road Services Buys Waggoners’ Auto Division

United Road Services

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, 2013

Auto Sales Reach Highest Level Since 2007

Tim Rue/Bloomberg News

Auto sales in the United States grew in November to the highest rate since February 2007, Bloomberg News reported.

December 3, 2013