Clearlake Capital Group has announced a definitive agreement to sell Sage Automotive Interiors to an affiliate of Asahi Kasei. The transaction is subject to the usual closing conditions and regulatory ...

Sage Auto Group in Universal City has found itself in the hot seat. The Federal Trade Commission charged the owner and nine of its auto dealerships with using the term “yo-yo” financing tactics on ...

Asahi Kasei has decided to invest in US-based start-up NFW, a producer of non-petroleum-based leather alternative for car interiors. Based in Peoria, Illinois, NFW was founded in 2015 and says it has ...

The Federal Trade Commission announced on Tuesday that the Sage Automotive Group — which includes nine Los Angeles-based dealerships, its holding and management companies and two individuals — has ...