Auto suppliers are asking for contract relief
Parts shortages and heightened commodity prices are putting the squeeze on Tier 2 and Tier 3 suppliers, often forcing them to go to their Tier 1 customers to renegotiate pricing or ask for a cash infusion — or else risk going out of business entire.....»»
Detroit 3 suppliers face dilemmas on rapidly growing China EV business
As Ford, General Motors, Stellantis and other traditional automakers lose ground in China, their suppliers are scrambling to fill the void and preserve positions in what is now the world’s largest auto market. .....»»
F&I tip: Be available by phone to the lender on stipulation deal
Dealership staff should be sure their indirect auto lending partners can reach them by phone when a deal is contingent on the customer providing stips......»»
Honey bees in demand: New contract strategies to support pollination services
As the world's native bee populations are declining, crop production requiring pollinators increasingly relies on commercial pollination services. In the U.S., the beekeeping industry is in great demand, and truckloads of bee colonies travel the coun.....»»
U.S. troubles put Stellantis CEO Carlos Tavares in Paris spotlight
Carlos Tavares initially brushed off the U.S. problems as a "small operational error," but news of his exit when his contract expires in 2026 and a major management reshuffle failed to soothe investors......»»
Daily 5 report for Oct. 11: Has the auto industry ever had more at stake in an election?
There's no question every facet of the auto industry will be impacted by the 2024 election......»»
Open Road Capital acquires 5 dealerships from Beyer Auto Group
For the first time, Open Road purchased dealerships without a partner......»»
Chinese software is a threat, but hardware will be the ban"s compliance challenge
Even as the federal government attempts to minimize threats from China, American manufacturers rely on a complex web of suppliers, including Chinese companies......»»
Stellantis confirms CEO Carlos Tavares to retire in 2026 amid broad management shake-up
The confirmation comes weeks after Stellantis said it was searching for his successor, though at the time it said it was possible he could remain after his contract expires......»»
Claustrophobic cells slow their own growth, forming beautiful patterns of concentric circles
Like so many organisms on the planet, when cells experience mosh-pit-level crowding, they may just become stressed. Yet unlike most other life forms, cells subject to physical stress from crowding by neighbors can find some relief by dramatically slo.....»»
A movie filmed entirely in Grand Theft Auto Online is coming to theaters
To see or not to see — will you check out Grand Theft Hamlet when it hits theaters?.....»»
In our opinion: Believe the storms: Climate change is real
No one should try to kill the auto industry in hopes of saving the planet. But we must also take seriously the need for the industry to be a functional partner in a solution......»»
Florida auto dealers start gauging damages, employee health after Milton
More than 3.4 million tracked customers in Florida were without power on Oct. 10, according to PowerOutage.us......»»
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......»»
Auto industry appears divided on lidar"s value in automated driving systems
Lidar sensors were once considered essential equipment for self-driving vehicles and, to a lesser extent, driver-assistance functions. Their value today depends on whom you ask......»»
Auto auctions in Florida cancel sales days, more dealerships close ahead of Hurricane Milton
Hurricane Milton prompted wholesale auto auction providers to cancel planned sales days at certain storm-warned locations in Florida this week......»»
Paying out disaster relief before climate catastrophe strikes
Beyond the complex byways of international finance, a simple solution is gaining ground to protect populations caught in the path of destructive extreme weather: transfer a little money via their mobile phones before disaster strikes......»»
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......»»
Level up your home cleaning automation with Roborock’s Prime Big Deal Days
Ready to set your home cleaning on auto-pilot or upgrade your existing setup? Robot vacuum and mop leader Roborock offers some of its best pricing ever with Prime Big Deal Days. Check out everything the latest Roborock intelligent devices deliver and.....»»
Get 30% off the 4K Reolink Altas PT Ultra 360-degree wireless camera
Looking for a high-definition wireless camera with a long runtime and no blind spots? Reolink’s Altas PT Ultra delivers up to 500-day battery capacity, super-sharp 4K recording, 360-degree auto-tracking, solar support, and more. Better yet, the du.....»»
Stellantis files 8 more lawsuits to block UAW strike, says union wants to revive jobs bank
The automaker is suing the UAW and 24 of its local chapters around the U.S., saying a strike would amount to a breach of contract......»»