auto dealerships

Police say an organized group of people stole multiple vehicles from a car dealership in Caledonia early Monday morning and led officers on a high-speed chase spanning several counties.

The automaker reported third-quarter earnings after the markets closed and said its net profit tumbled nearly 26% as it took $1 billion in accounting charges to write down assets for a canceled three-row electric SUV.

Automakers sold nearly 3.8 million vehicles in the first quarter versus a year ago. With inventory on dealer lots growing toward pre-pandemic levels, auto companies were forced to reduce prices

Burglars have targeted another western Michigan car dealership.The Kent County sheriff’s office was investigating a Wednesday morning break-in at a Kia…