California posted the biggest decrease in dealerships in 2019, down 28 to 1,478, followed by Illinois with nine fewer, and Ohio and Missouri with seven fewer each.
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CDK's digital marketing business was earmarked for sale for nearly eight months. Terms of the deal were not disclosed. CDK said the transaction is expected to close in the first half of this year.
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The supplier also said it expects first-quarter headwinds from the coronavirus outbreak in China.
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The new chief must navigate through a tough period that has seen a string of profit warnings from the UK dealership group as well as its peers.
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European policymakers are keen to ensure the region's auto industry does not lose competitiveness against Asia, which currently accounts for more than 80 percent of the world’s EV battery production.
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The group will monitor developments and coordinate communication, and work with the Japanese government on measures to help smooth the flow of components through supply chains.
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VW Group CFO Frank Witter, who was instrumental in steering the automaker through the diesel scandal that cost the company tens of billions of euros, is set to leave by the middle of next year, Bloomberg reported.
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CEO Ola Kallenius will take over the struggling vans unit, while CFO Harald Wilhelm is replacing the longtime finance chief at Mercedes-Benz in moves aimed at flattening reporting lines and making quicker decisions.
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Talks are at a preliminary stage and there is no guarantee the subsidies will be extended, sources told Bloomberg. As things stand, they are still set to be phased out at the end of 2020.
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Henio Arcangeli Jr., a newcomer to the auto industry when he joined American Honda in 2017, is leaving the company at the end of the month to spend more time with family.
Continue Reading the above article 'American Honda auto division chief Arcangeli steps...