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Acura, Mazda, Toyota and Chevy dealerships among stores purchased in Q1, Q2 transactions

Dealers buy import, luxury and domestic dealerships across five states in first-quarter and second-quarter transactions......»»

Category: topSource:  autonewsMay 19th, 2022

Column: Why does Wall St. value Tesla 40% higher than Toyota?

Both face headwinds, but Toyota earned twice as much as Tesla in the most recent fiscal year......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

Mazda dealership milestone represents new era for the brand

The Retail Evolution facility program is a critical part in its goal to move upmarket......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

Mazda profits zoom to records on CX-90, hybrid uptake, foreign exchange rates

Mazda reaches record profits thanks to the popularity of its large platform CX-90 crossover and uptake of hybrids, but the Japanese carmaker is bracing for headwinds this year......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

Great news for 4K Blu-ray fans – 2 big stores will now stock discs

4K UHD, Blu-rays, and DVDs will soon be sold at GameStop and Fred Meyer grocers thanks to a new deal with Studio Distribution Services......»»

Category: topSource:  pcmagRelated NewsMay 9th, 2024

GM logistics supplier Proficient Auto raises $215 million in IPO

The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides services to GM, Stellantis, Toyota and other automakers......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

5 key takeaways from Toyota"s record earnings report

Under first-year CEO Koji Sato, Toyota reported a blockbuster fiscal year of records, from sales to profits. Here are five top takeaways from the automaker's earnings conference......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

GM ending Chevy Malibu production to retool Kan. plant for Bolt EV

Starting in late 2025, Fairfax Assembly will build both the gasoline-powered Cadillac XT4 and the Chevrolet Bolt EV on the same assembly line......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Canada"s Steve Marshall Group enters U.S. via Hawaii, buys Ford dealerships

The second-quarter acquisition marks the British Columbia group's first dealerships in the U.S......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Stella Automotive AI raises VC from Reynolds and Reynolds, dealerships

Stella, which makes automotive artificial intelligence technology for dealerships, secured $19.7 million......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

CEO Koji Sato reloads for long-term growth after leading Toyota to record profit, sales, production

Toyota reports across-the-board record results in its just-ended fiscal-year, but it warns earnings will retreat in the current year......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Toyota CEO Sato leads automaker to record profit, sales, production

Toyota reported record quarterly sales and record profits, but warned earnings will retreat in the current year as it takes a break from hectic expansion and invests in next-generation EVs, software and AI......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Do you need antivirus software on a Chromebook?

Considering a Chromebook or already purchased one? Find out if you should invest in antivirus software for your new ChromeOS device......»»

Category: topSource:  digitaltrendsRelated NewsMay 7th, 2024

From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits

Toyota expects stellar results in its fiscal-year earnings announcement on May 8, from record sales to record profits. But there could still be some wobbles in the final report, including guidance on whether it can keep up its red-hot pace......»»

Category: topSource:  autonewsRelated NewsMay 6th, 2024

Google tells court it shouldn’t have to distribute third-party app stores

Google: Epic Games wants court to "micromanage" Android app distribution. Enlarge (credit: Getty Images | Kirill Kudryavtsev) Google urged a federal court to reject Epic Games' request for an injunction that would reduce.....»»

Category: topSource:  informationweekRelated NewsMay 3rd, 2024

Top 5 stories of the week: Asbury looks to sell dealerships; UAW threatens Stellantis stamping plant

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

2024 Acura ZDX born from ‘good collaboration" with General Motors, chief engineer says

Acura worked closely with General Motors to ensure that the co-developed ZDX midsize crossover hit the import brand's performance goals......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

5 key takeaways from April U.S. sales reports

U.S. light-vehicle sales slipped 3.9 percent to 1.32 million last month compared with April 2023; Toyota led among the brands......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Chevy takes Traverse further toward truck country

The third generation of the Traverse crossover draws from the ruggedness of Chevy's SUV and pickup offerings more than the sleek sedans that originally inspired its design......»»

Category: topSource:  autonewsRelated NewsMay 2nd, 2024

Apple Vision Pro a big hit in enterprise

During the Apple earnings call, Apple CEO Tim Cook shared that half of Fortune 100 companies have purchased Apple Vision Pro units.Apple Vision Pro is making a splash in enterpriseApple Vision Pro is the first spatial computer from Apple and has prov.....»»

Category: appleSource:  appleinsiderRelated NewsMay 2nd, 2024

Sonic Automotive"s EchoPark used-car business shows Q1 turnaround

Sonic Automotive President Jeff Dyke said the group won't open any EchoPark stores this year......»»

Category: topSource:  autonewsRelated NewsMay 2nd, 2024