7 key takeaways from U.S. auto sales in February
February marked the 19th consecutive month when sales increased year over year, with the SAAR topping 16 million for the fourth time in the past year......»»
Ally dealer pass-through, SmartAuction programs boomed in 2023
Ally's pass-through and SmartAuction businesses together generated $161 million in revenue for the major national auto lender last year, and the company expects they'll improve this performance to an approximately $190 million combined in 2024, accor.....»»
The math on unplayed Steam “shame” is way off—and no cause for guilt
It's fun to speculate, but sales and library quirks make it impossible to know. Enlarge / Blast away all the guilt you want in PowerWash Simulator, but there's no need to feel dirty in the real world about your backlog. (credit:.....»»
Is the total value of unplayed Steam games really $19 billion? Probably not.
It's fun to speculate, but sales and library quirks make it impossible to know. Enlarge / Blast away all the guilt you want in PowerWash Simulator, but there's no need to feel dirty in the real world about your backlog. (credit:.....»»
Major dealership groups redefine business as usual as CDK"s DMS outage reaches 7th day; concern rises for U.S. sales
The CDK disruption adds to general hesitancy to buy big-ticket items like vehicles because consumers now may believe it would be inconvenient to try, a Cox Automotive economist said......»»
Major dealership groups redefine business as usual as CDK"s DMS outage reaches 7th day
Auto retailers grapple with slowdowns but pursue business as usual with workarounds in place. CDK Global has contracts with five of the six top public dealership groups:.....»»
CDK Global cyberattack has AutoCanada using "manual and alternative processes"
Canada’s only publicly traded dealership group is among the thousands of other auto retailers across North America grappling with the shutdown of its dealership management system (DMS) following the CDK Global cyberattacks on June 19. .....»»
Major dealer groups redefine business as usual as CDK"s DMS outage reaches 7th day
Auto retailers grapple with slowdowns but pursue business as usual with workarounds in place. CDK Global has contracts with five of the six top public dealership groups:.....»»
How Apple plans to save the Vision Pro
Apple wants to get its Vision Pro headset back on track and increase sales, but it might look elsewhere for the product that ends up saving its VR efforts......»»
EU says Apple violated app developers’ rights, could be fined 10% of revenue
EU: Apple fees and rules stop devs from steering users to other sales channels. Enlarge (credit: Getty Images | SOPA Images ) The European Commission today said it found that Apple is violating the Digital Markets Act (D.....»»
Auto industry future lies in software, electrification and recycling, EY research finds
EY identified three key value pools to maximize future revenue for a "transitioning" automotive industry......»»
At dealerships, ‘wishful thinking" for CDK cyberattack resolution on crucial sales Saturday
Dealerships, which typically have busy sales days on Saturdays, enter the fourth day of the cyberattack shutdown with uncertainty......»»
Apple is still looking for partners to bring Apple Intelligence to China
To bring Apple Intelligence to its second-largest smartphone market, Apple is going to have to sign deals with local providers, but so far has had no luck.Sales of the iPhone in China have fallen due to a lack of AI-driven features.When Apple announc.....»»
What happened to CDK Global and how long will systems be down?
The dealership management system outage is interrupting thousands of new- and used-vehicle sales, service, parts orders and more as the end of the second quarter approaches......»»
CarMax"s Q1 net income falls 33% to $152 million, revenue slips 7.5%
The company said it retailed 211,132 used vehicles in its fiscal first quarter, down 3.1 percent. Same-store used-vehicle retail sales fell 3.8 percent......»»
Citing national security, US will ban Kaspersky anti-virus software in July
US cites Russian government's "capacity to influence Kaspersky's operations." Enlarge (credit: Kaspersky Lab) The Biden administration will ban all sales of Kaspersky antivirus software in the US starting in July, accord.....»»
Dealership finance offices can still work while CDK is down
The temporary shutdown of the car dealership management system CDK following cyberattacks complicates life for auto retailers' finance and insurance offices. However, it's not insurmountable, according to experts......»»
Auto supplier ZF launches $62M expansion in suburban Detroit
ZF North America Inc. is working on a $62 million expansion in Macomb County in Michigan, where the automotive supplier is building out its international R&D base for airbag, seat belt and steering wheel systems. ZF LIFETEC, the company’s passiv.....»»
Most Ukrainians displaced by the war plan to return home when it is safe, research shows
More than 4 million Ukrainians were forced to flee following the invasion of their homeland by Russian forces in February 2022, with the vast majority heading to neighboring countries and other European nations......»»
Stealing the spotlight: Auto industry dominates 2023 movie product placements
Concave Brand Tracking's 2023 movie product placement report showed that automakers consistently came up in top spots. Chevrolet, Ford, Dodge, and Jeep took second, third, fourth and fifth place, respectively......»»
Longtime Bosch North America president Mike Mansuetti to retire, succeeded by regional mobility chief
Mike Mansuetti, the longtime head of Bosch's North American business, will retire this year and will be succeeded by Paul Thomas, the company's head of mobility in the Americas, the world's largest auto parts supplier said......»»