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Expanding to 14 dealerships in four states—North Carolina, South Carolina, West Virginia, and Maryland—Mills Auto posted revenue from $99 million in 2009 to $474 million a decade later—a phenomenal 379% revenue growth that made it the fifth largest black-owned auto dealership in the U.S.
Frantic acts are being played out among minority dealers across the country as they grapple with a two-pronged quagmire – a lack of credit to finance vehicle floor plans doubled by a lack of credit to get consumers in vehicles.
SquadTrip's co-founders have generated $7 million in travel sales and facilitated 6,000 bookings.
The analysis examined auto insurance premiums and payouts in California, Illinois, Texas, and Missouri. ProPublica also took a look at Chicago rates.
On March 11, 2011, a magnitude-9.0 earthquake rocked northern Japan, followed by a devastating tsunami that hit Japanese automakers hard. Manufacturing production was halted for several days, resulting in a...
