F&I gross profit per vehicle down for 5 of 6 public groups in Q1
The retailers pointed to high interest rates again as a major contributor to the declines......»»
Six public franchised dealership groups sweeten 2023 CEO pay with extras as Lithia"s DeBoer sees largest gain
Lithia, AutoNation, Asbury, Penske, Sonic and Group 1 pay a relatively modest base CEO salary but then sweeten compensation with other incentives. DeBoer's 2023 total jumps 73 percent......»»
Why have venture capitalists become so founder-friendly?
Companies backed by venture capitalists ("VCs") have a disproportionate influence on our economy; they provide funding to less than 0.25% of new businesses, but more than 47% of US companies that went public between 1995 and 2018 were venture backed......»»
Nearly 80% of consumers would consider buying an EV in four years, Cox says
EV skeptics would consider an EV if it costs the same as a gasoline-powered alternative and if more public charging becomes available......»»
Mahindra moves Roxor, tractor production to Detroit suburb
Mahindra moves Roxor, tractor production to Pontiac as the India-based vehicle manufacturer tries for stronger traction in North America......»»
Honda doubles EV investment to $64B, fleshes out 7 new models in 0 Series
Honda CEO Toshihiro Mibe outlines the business case for achieving fat electric vehicle margins by the end of the decade as he doubles investment in next-generation EVs......»»
Product showcase: Block ads, cookie pop-ups, trackers with CleanWeb
A study by PageFair revealed that ad blocker usage surged by 30% in 2016 alone, reflecting a growing public concern for privacy and uninterrupted browsing. Fast-forward to today, and the numbers are even more dramatic. According to Forbes, Americans.....»»
Mahindra moves Roxor, tractor production to Pontiac
Mahindra has moved production of its tractor and Roxor side-by-side vehicle to Pontiac, 30 miles North of Detroit ,in a consolidation move as the India-based vehicle manufacturer tries for stronger traction in North America. The company has inves.....»»
3 great PBS shows you should watch in May 2024
It's a month of outstanding performances on the Public Broadcasting Service, and these are the three great PBS shows you should watch in May 2024......»»
The inside story of Elon Musk’s mass firings of Tesla Supercharger staff
The day before Elon Musk fired virtually all of Tesla’s electric-vehicle charging division last month, charging chief Rebecca Tinucci went to meet with Musk about the network’s future.The meeting could not have gone worse......»»
NYT Connections answers today for May 15
Here are today's NYT Connections answers for May 15, alongside some hints on the groups that you'll need to guess......»»
Experimental demonstration of inequivalent mutually unbiased bases for quantum information processing
Research groups demonstrated for the first time that inequivalent mutually unbiased bases (MUBs) have different information extraction capabilities for quantum information processing. The research results were published in Physical Review Letters......»»
First crewed flight of Boeing’s Starliner spacecraft delayed again
The first crewed flight of the Starliner spacecraft has been delayed again while engineers fix an issue with the Boeing-made vehicle......»»
The self-driving industry fumbled away public trust. Now it seeks a remedy
With a backlash brimming, the Autonomous Vehicle Industry Association is seeking to regain trust in self-driving technology. Only 9 percent of U.S. consumers tell AAA they trust the tech......»»
Study reveals how media representations of animal rights advocacy contribute to its depoliticization
Despite the pervasive public interest in animal welfare, the framing of animal rights activism in the media has largely contributed to its depoliticization, argues a paper in Polity. "Vegans and "Green-Collared Criminals,'" by Serrin Rutledge-Prior,.....»»
"Free" delivery plans can profit both retailers and customers
In March, Target became the latest mega-retailer to offer "free" delivery—for a price. For $99 a year, subscribers to Target Circle 360 can place unlimited orders without having to worry about shipping costs. Target competes with similar plans offe.....»»
Most crime has fallen by 90% in 30 years—so why does the public think it"s increased?
Seventy-eight percent of people in England and Wales think that crime has gone up in the last few years, according to the latest survey. But the data on actual crime shows the exact opposite......»»
NYT Connections answers today for May 14
Here are today's NYT Connections answers for May 14, alongside some hints on the groups that you'll need to guess......»»
Black Basta ransomware group is imperiling critical infrastructure, groups warn
Threat group has targeted 500 organizations. One is currently struggling to cope. Enlarge (credit: Getty Images) Federal agencies, health care associations, and security researchers are warning that a ransomware group tr.....»»
Carvana converting 2nd ADESA auction site into its own inspection, reconditioning center
Online used-vehicle retailer Carvana said it is in the process of converting ADESA Portland. It completed its first such conversion last month, with ADESA Buffalo......»»
GM"s Cruise resumes autonomous testing with a human backup behind wheel
This marks the first time Cruise's self-driving systems have been activated on public roads since October......»»