Group 1 to acquire UK retail operations of Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million and is expected to close in the third quarter......»»
Continental Auto Group founder Bryan Hardeman arrested on more arson charges
Bryan Hardeman, founder of Continental Automotive Group, was arrested for the second time in two months in connection with multiple suspected arson fires in Austin, Texas......»»
Mercedes-Benz Alabama factory changes CEO weeks before UAW vote
Federico Kochlowski, vice president of operations, will take over as CEO of the Mercedes U.S. assembly plant effective Wednesday......»»
DEA to reclassify marijuana as a lower-risk drug, reports say
Marijuana to move from Schedule 1, the most dangerous drug group, to Schedule 3. Enlarge / Medical marijuana growing in a facility in Canada. (credit: Getty | Richard Lautens) The US Drug Enforcement Administration is pr.....»»
A rare and little-known group of monkeys could help save Africa"s tropical forests
Conservationists and scientists from almost 20 institutions in the United States, Europe, and Africa, have concluded that immediate conservation efforts to protect red colobus monkey species could have cascading net positive impacts on African tropic.....»»
New tool decodes complex, single-cell genomic data
Unlocking biological information from complex single-cell genomic data has just become easier and more precise, thanks to the innovative scLENS tool developed by the Biomedical Mathematics Group within the IBS Center for Mathematical and Computationa.....»»
VW Group"s Q1 profit drops 20% on lower volumes, higher costs
The automaker's Porsche brand reported a 14.8 percent operating margin decline on higher model revamp investments and lower demand for premium cars in China......»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»
Security analysts believe more than half of tasks could be automated
Security industry leaders believe that AI and automation technologies are critical to addressing the complexities of modern security operations, according to Anomali. AI expected to boost threat detection In fact, security analysts maintain that up t.....»»
Asbury Automotive says 10 dealerships are up for sale
Asbury Automotive Group said it entered Q2 with $243 million in assets for sale — including 10 dealerships — after selling a Jim Koons Lexus site in Delaware to MileOne Autogroup in March......»»
Lear to acquire Spanish automation supplier to ease labor costs
Financial terms were not disclosed for the deal, announced Monday and expected to close by the third quarter......»»
Orion"s erupting star system reveals its secrets
An unusual group of stars in the Orion constellation have revealed their secrets. FU Orionis, a double star system, first caught astronomers' attention in 1936 when the central star suddenly became 1,000 times brighter than usual. This behavior, expe.....»»
Is Sea of Thieves cross-platform?
Sea of Thieves is all about getting a group of friends together to take to the high seas. But is Sea of Thieves cross-platform? Here's what you need to know......»»
Did Vesuvius bury the home of the first Roman emperor?
A group of archaeologists, led by researchers from the University of Tokyo, announce the discovery of a part of a Roman villa built before the middle of the first century. This villa, near the town of Nola in southwestern Italy's Campania region, was.....»»
AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue......»»
20% of grocery store milk has traces of bird flu, suggesting wider outbreak
The milk is still considered safe, but disease experts are alarmed by the prevalence. Enlarge (credit: Getty | Jeffrey Greenberg) The Food and Drug Administration reported late Thursday that about 20 percent of retail mi.....»»
Thiol-ene click reaction offers a novel approach to fabricate elastic ferroelectrics
A research group led by Prof. Li Runwei and Hu Benlin at the Ningbo Institute of Materials Technology and Engineering (NIMTE) of the Chinese Academy of Sciences has developed a facile and efficient approach to fabricate elastic relaxor ferroelectrics.....»»
Scientists discover safer alternative for an explosive reaction used for more than 100 years
The chemical industry has been using a reaction with explosive chemicals for more than 100 years—now Mülheim scientists have discovered a safer alternative. The Ritter Group of the Max Planck Institut für Kohlenforschung in Mülheim/Ruhr has publ.....»»
Fred Beans buys 4 Rosenthal Automotive dealerships
Rosenthal Automotive Organization divested four Philadelphia area dealerships it bought in June 2022 from Sussman Automotive Group......»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
In the face of bans, ByteDance tightens grip over US TikTok operations
Relationship between TikTok, ByteDance deepens as tensions over the app’s ownership escalate. Enlarge (credit: FT/Getty Images) TikTok’s Beijing-based owner ByteDance tightened its grip over its US operations over th.....»»