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Icahn Increases Bid for Pep Boys

Photo: Modern Tire Dealer

Icahn Enterprises LP isn’t giving up on its acquisition target, Pep Boys — Manny, Moe & Jack. On Dec. 28, Icahn increased its offer to $18.50 per share, outbidding Bridgestone Retail Operations LLC by $1.50 per share.

Chevrolet to Offer Midnight Edition Trax

Photo of 2016 Trax Midnight Edition courtesy of GM.

Chevrolet's 2016 Trax will be available in an all-new Midnight Edition, with a package price of $500 in addition to the vehicle price of $26,125, according to the automaker. New to this edition are both exterior and interior stylistic upgrades that set the compact SUV apart from other trims.

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