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Asbury Automotive completes $1.2B Jim Koons acquisition

The Koons group reported $3.2 billion in revenue and sales of 26,188 new vehicles in 2022, ranking it No. 23 on ' list of the top 150 dealership groups based in the U.S. Asbury ranked No. 5 on the list, retailing 151,179 new vehicles last year......»»

Category: topSource:  autonewsDec 11th, 2023

Daily 5 report for Oct. 9: Yes, really, Gen Z and millennials are collecting cars

Automotive News report dispels the myth that younger generations aren't partaking in the joy of collecting cars......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Kinetic teams with Young Automotive Group to open digital repair hub in Salt Lake City area

Kinetic, which offers precision digital sensor recalibration for advanced driver-assistance systems, has partnered with Young Automotive Group to open a new hub in suburban Salt Lake City......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Commvault Cloud Rewind helps businesses bounce back from cyber incidents

Commvault launched Cloud Rewind on the Commvault Cloud platform. This offering, which integrates cloud-native distributed application recovery and rebuild capabilities from the Appranix acquisition, gives cloud-first organizations a secret weapon to.....»»

Category: securitySource:  netsecurityRelated NewsOct 9th, 2024

Former general manager forms auto group, buys first dealerships

A former general manager has purchased his first dealerships, in Iowa, as part of the newly created Coleman Automotive Group......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Daily 5 report for Oct. 8: How does a flooded car catch fire? Here"s how

In a hurricane, often, a dealership is damaged. Or an auto parts plant gets shut down. Sometimes, an assembly plant goes offline. But in the aftermath of Helene, an unanticipated automotive story: cars that catch fire in a flood......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

VIP Automotive Group, Stellantis dealership face sexual harassment allegations in EEOC lawsuit

Male employees at the Hempstead, N.Y., dealership allegedly harassed female colleagues, creating a hostile work environment, according to the lawsuit......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

KC Crain: Approaching a century of Automotive News

Throughout 2025, we will honor our legacy by connecting topics of today with our historical coverage as we look ahead to the next 100 years......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

EVs, China and an election make for a turbulent political stew in Michigan

It is complicating Michigan’s efforts to lead the next stage of automotive evolution and highlighting geopolitical tensions with China......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Linamar finds all N.C. employees safe after Hurricane Helene; recovery efforts continue

The Canadian automotive supplier is slowly getting operations running at two plants in western North Carolina. The full extent of the damage remains unclear......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Asbury asks court to block FTC administrative law case, calls agency system unconstitutional

Asbury Automotive Group on Oct. 4 asked the U.S. District Court for the Northern District of Texas to block the Federal Trade Commission's administrative law case against the group, arguing that the FTC's separate internal legal proceedings against i.....»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Detroit lands another prominent mobility conference

MOVE America, an annual gathering of transportation innovators, automotive executives and government officials, will be held in Detroit starting next year, event organizers said......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Smaller crossovers, pickups outpace U.S. market in Q3 as affordability challenges remain

Light-vehicle sales slid 2.4 percent in the third quarter, according to preliminary data from the Automotive News Research & Data Center......»»

Category: topSource:  autonewsRelated NewsOct 5th, 2024

Top 5 stories of the week: Lackluster Q3 vehicle sales; McLaren"s fastest supercar

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

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Smaller crossovers, pickups outpace market in Q3 as affordability challenges remain

Light-vehicle sales slid 2.4 percent in the third quarter, according to preliminary data from the Automotive News Research & Data Center......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Rainbow PUSH Automotive Project presses ahead amid DEI backlash

Despite Ford's pullback on DEI efforts, the chairman of the Rainbow PUSH Coalition Automotive Project sees the industry continuing to be more inclusive......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

NASA"s laser comms demo makes deep space record, completes first phase

The Deep Space Optical Communications tech demo has completed several key milestones, culminating in sending a signal to Mars' farthest distance from Earth......»»

Category: topSource:  physorgRelated NewsOct 3rd, 2024

CDK ordered to transfer dealership data for Asbury-Tekion pilot

A Gwinnett County Superior Court judge has ordered CDK Global to provide Asbury Automotive Group with data from four Georgia Asbury dealerships for use in the group's planned Tekion pilot there......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

Toyota, Stellantis highest rated for diversity efforts

Toyota and Stellantis led the Rainbow PUSH Coalition Automotive Diversity Scorecard, achieving the highest marks in all six categories......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

Judge orders CDK to transfer dealership data for Asbury Tekion pilot

A Gwinnett County Superior Court judge has ordered CDK Global to provide Asbury Automotive Group with data from four Georgia Asbury's dealerships for use in the group's planned Tekion pilot there......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

Auto industry risks from port strike to rise exponentially each day, analysts say

One day after the port strike on the East and Gulf coasts began, the backlog of automotive parts that some suppliers and automakers import into the U.S. grew by about a week, according to an industry trade expert......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024