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Sonic Automotive is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States as measured by total revenues. [3] The company was founded by O Bruton Smith and completed its initial public offering on the NYSE in 1997.
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In December 2008, the bank received $300 million in funds from the Troubled Asset Relief Program after it suffered losses from the downturn of the U.S. automotive industry during the 2007–2008 financial crisis. [3] [18] In 2010, the bank sold its F&M Bank Iowa locations for $50 million cash to Great Western Bank. [19] [20]
Alexander Young Malcomson (June 7, 1865 – August 1, 1923) was a coal dealer from Detroit, Michigan, who bankrolled Henry Ford's first successful foray into automobile manufacturing: the Ford Motor Company.
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At least 165,000 Charlotte-area Duke Energy customers remained without power Saturday morning, including 45,000 in Mecklenburg County, after former Hurricane Helene knocked down trees and power ...
The former CEO of Abercrombie & Fitch (A&F) has dementia and late onset Alzheimer's disease, his legal team has said in a court document filed in New York. Lawyers for Mike Jeffries have requested ...