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......»»
Billionaire Houston Rockets owner acquires nearby Chevrolet dealership. Will he buy more stores?
The Texas store acquisition marks Tilman Fertitta's first domestic car dealership, now part of Fertitta Automotive Group......»»
Responding to dealer feedback, Santander expands small business auto financing
The lender plans to offer automotive financing primarily to small franchises and startups......»»
Dragos acquires Network Perception to boost security in OT environments
Dragos announced the acquisition of Network Perception, makers of NP-View, a network visualization platform for OT networks. The acquisition will bolster the Dragos Platform with industry-leading OT network visibility along with compliance and segmen.....»»
Sonos completes internal review of app meltdown, details path forward
Sonos says it will be more methodical about updates, test more, and focus on customer experience as it continues to dig out from a catastrophic system update......»»
Ineos Automotive adds 4 U.S. dealerships on the coasts
With the additions, Ineos will have 22 dealerships in the U.S. and two in Canada. It also has a pair of sales and service centers with an import partner in Mexico......»»
GM, Magna-backed automotive software marketplace SDVerse opens
SDVerse, open to automakers, suppliers and relevant tech companies, is a marketplace designed to connect developers of automotive software with potential customers......»»
CDK wins DMS contract extension with Sonic Automotive
The contract extension with Sonic is a win for market leader CDK, which faced challenges over the summer after two cyberattacks......»»
Top 5 stories of the week: Stellantis succession planning; Carlos Ghosn loses battle over yacht
A quick look at the top automotive stories of the week as determined by reader interest......»»
Auto industry preps for unprecedented USMCA review as crucial elections loom
The auto industry is preparing for a first-of-its-kind review of the United States-Mexico-Canada Agreement in 2026, a process that could significantly impact automotive trade rules in the region......»»
Record-breaking laser demonstration completes mission
NASA's TBIRD (TeraByte InfraRed Delivery) demonstration and its host spacecraft—the PTD-3 (Pathfinder Technology Demonstrator-3)—have completed their technology demonstration. The TBIRD payload spent the past two years breaking world records for.....»»
Tesla Full Self Driving requires human intervention every 13 miles
It gave pedestrians room but ran red lights and crossed into oncoming traffic. Enlarge / An independent automotive testing company has evaluated Tesla FSD, and it found some concerning results. (credit: PonyWang/Getty Images).....»»
1 Thing We"re Talking About: Walser unveils technician training lab
Walser Automotive Group and WSU Tech took the wraps off an automotive lab to train technicians and address growing interest in the field......»»
GM, Piston plot hydrogen fuel cell factory in Detroit
GM and Piston Automotive are plotting a hydrogen fuel cell factory in Detroit, GM's first standalone plant for fuel cell production......»»
Editorial: Ugly presidential politics, not national security, blocking U.S. Steel acquisition by Nippon Steel
Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel has been wrongly sidetracked by presidential politics. It should be approved......»»
Ford CEO: Being kind not ‘natural to me"
Ford's CEO, at a dinner honoring the 2024 Automotive News Rising Stars, gave advice on identifying talent, managing time and improving himself......»»
Daily 5 report for Sept. 24: EV realities set in at Automotive News Congress
It's not all doom and gloom despite EV sales not meeting growth expectations, but clearly the time for happy talk has ended......»»
Amazon-Hyundai pilot delays causing dealer frustration, NADA CEO says
A panel discussion at the Automotive News Congress Sept. 24 focused, in part, on the Amazon-Hyundai pilot and dealer distribution models......»»
Scenes from the 2024 Automotive News Congress
Discussions addressed issues such as EV adoption, the election and the impact of Chinese automakers......»»
Auto industry aims for digital experience as easy as smartphones, streaming services
Software-defined vehicle technology underpins an easy in-car experience, panelists said at the Automotive News Congress......»»
Car software patches are over 20% of recalls, study finds
How automotive recalls are handled has shifted over time. Enlarge (credit: Getty Images) Software fixes are now responsible for more than 1 in 5 automotive recalls. That's the key finding from a decade's worth of Nationa.....»»