Penske Automotive to buy Porsche dealerships in Australia
Penske Automotive Group Inc.'s planned acquisition of two Porsche stores near Melbourne, Australia, is expected to close in the second quarter......»»
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......»»
Why the automotive sector is a target for email-based cyber attacks
While every organization across every vertical is at risk of advanced email attacks, certain industries periodically become the go-to target for threat actors. In this Help Net Security video, Mick Leach, Field CISO at Abnormal Security, discusses wh.....»»
PACE Awards go to innovations from Dana, Valeo, Yazaki and 10 others
2024 Automotive News PACE Award winners ranged from an advancement in lidar technology to a potentially better way to paint cars in the factory......»»
Scenes from the 2024 Automotive News PACE Awards
The event in Detroit celebrated the best in supplier innovation......»»
Porsche dealership sales manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a Porsche dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
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......»»
Say goodbye to garlic breath with odor-free black garlic
Garlic breath could be a thing of the past, thanks to a University of Queensland collaboration helping promote odorless black garlic in mainstream Australia......»»
Whale encounters in Mexico highlight need for global humpback research investment
Australia's East Coast will soon see the arrival of thousands of humpback whales on their northward migration to warmer waters......»»
Mercedes-Benz bails on next-generation CarPlay support, here’s why
Apple unveiled its next generation of CarPlay at WWDC in 2022, then announced last year that its first partners would be Porsche and Aston Martin. In an interview today, Mercedes-Benz CEO Ola Källenius made it clear that the company has no plans.....»»
Standardized power management could extend EV battery range
The automotive industry is being pushed to establish a standard to manage the power flow to electronic control units that govern different parts of the vehicle depending on the context......»»
Global study shows a third more insects come out after dark
A groundbreaking study, led by Dr. Mark Wong of The University of Western Australia, has provided the first global picture of insect activity patterns across the fundamental day–night cycle......»»
Know a rising star? Let us know
Automotive News' 11th annual search is underway for Rising Stars at automakers, suppliers, mobility companies and service providers......»»
Top 5 stories of the week: GM, Ford and Tesla earnings; lowest-cost EVs
A quick look at the week's top automotive stories.....»»
What do we lose when our old suburbs disappear?
I live on the edge of Parramatta, Australia's fastest-growing city, on the kind of old-fashioned suburban street that has 1950s fibros constructed in the post-war housing boom, double-story brick homes with Greek columns that aspirational migrants bu.....»»
Most people still rely on memory or pen and paper for password management
Bitwarden surveyed 2,400 individuals from the US, UK, Australia, France, Germany, and Japan to investigate current user password practices. The survey shows that 25% of respondents globally reuse passwords across 11-20+ accounts, and 36% admit to usi.....»»
CarNow eyes expansion, possible acquisitions after debt financing
CarNow, maker of digital retailing platforms for dealerships, plans to use $40 million in new debt financing to accelerate product development and pursue further market expansion......»»
Fred Beans buys 4 Rosenthal Automotive dealerships
Rosenthal Automotive Organization divested four Philadelphia area dealerships it bought in June 2022 from Sussman Automotive Group......»»
Pretax charges drop Sonic Automotive"s Q1 net income
The company said $7 million in pretax charges contributed to a 12 percent dip in first-quarter net income......»»
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......»»
Ram adds to off-road lineup with RHO
The 540-hp pickup, scheduled to reach dealerships in the third quarter, adds to the brand's long lineage of speedy trucks......»»