Last-in, first-out, or LIFO, is an accounting method used to measure the amount an auto dealership has spent to purchase the products it sold during the year. The LIFO method calculates cost of goods ...

Advance Auto Parts shares have fallen 7% after being downgraded to "junk territory" by S&P, adding further pressure on the struggling company. The company's shift to prioritizing its own brands has ...

When people think of the auto industry, their minds often go straight to Detroit’s Motor City with its legendary muscle cars, or perhaps to Elon Musk and his sleek Tesla electrics. What doesn’t often ...

The Winston-Salem-based network of automotive dealerships has locations in North Carolina and Virginia. Flow Automotive could be planning another Greensboro dealership after purchasing a site fronting ...

King George, Virginia-based Free Flow Inc. says it has acquired the assets of Mineral, Virginia-based Inside Auto Parts Inc., an auto salvage and used motor vehicle dealership. Free Flow says the ...