Platinum Equity-backed Club Car, a maker of golf carts and utility vehicles, burned through cash in the first quarter and reported earnings that declined from a year ago as margins contracted, ...

Driving a golf cart is one of the game’s great joys. The simple, open-air interior and low maximum speed makes it a fun and relatively safe mode of transport around golf-course grounds. In recent ...

March 14 (Reuters) - Private equity firm Platinum Equity has hired advisers to explore a sale of Club Car that could value the golf cart maker at more than $2 billion, including debt, people familiar ...