UAW cancels strike after tentative agreement reached with supplier Sakthi

The UAW and aluminum castings supplier Sakthi Automotive Group agreed on Thursday to a tentative labor agreement after the union earlier this week threatened a strike.

Penske Automotive, Group 1 shares plunge after Brexit vote

Shares of Penske Automotive Group and Group 1 Automotive, two of the three largest U.S. dealership groups, fell Friday to their lowest levels since February on concerns over the U.K.'s decision to leave the European Union.

GM plans $290 million upgrade for Corvette plant as rumors swirl
UPDATED: 6/24/16 2:02 pm ET - adds link

General Motors plans to spend $290 million on its Corvette plant in Kentucky, just as rumors about GM's plans for the next generation of its iconic

Sign up for our weekly F&I newsletter

A must read for every dealer principal, GM or F&I manager. Sent every Wednesday.

Newsletters