Automotive retailers diversify portfolios by entering powersports segment
Automotive retailer interest in crossing over to powersports has increased, and the complementary industries could ease a learning curve, according to industry experts......»»
Live talk at noon July 2: The dealership acquisition market
Join us at noon on July 2 for a live talk on dealership mergers and acquisitions with Stuart T. McCallum, practice leader at accounting firm Withum. He will be joined by Automotive News Executive Editor Jamie Butters and Staff Reporter Gail Kachad.....»»
Vehicle lessee, Asbury employee sue CDK after cyberattacks
An Asbury Automotive Group Inc. employee and a consumer who leased a vehicle from a CDK Global dealership have joined other plaintiffs suing CDK in connection with the June cyberattacks on the company's dealership management systems......»»
VW, Rivian software joint venture clouds Scout revival
Volkswagen AG’s tie-up with Rivian Automotive Inc. leaves in limbo the future of the German carmaker’s plan to revive the Scout brand that’s aimed at the same buyers as the developer of electric SUVs. .....»»
Maryland denounces Virginia decision on winter crab fishery: "A bad day if you care about blue crabs"
Maryland officials and environmentalists are railing against a Virginia decision that could reopen a long-closed segment of that state's blue crab fishery......»»
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:.....»»
Alliance for Automotive Innovation urges NHTSA to reconsider emergency braking rule
The Alliance for Automotive Innovation is asking NHTSA to reconsider its final rule, which would require automatic emergency braking in all new vehicles by 2029......»»
Ineos Automotive plans bigger dealer footprint in U.S.
Ineos has 18 U.S. dealerships and a pair of stores in Canada. The upstart automaker is looking to add to its dealership count in 2024......»»
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......»»
Findlay Automotive Group facing lawsuit over cyberattack
The lawsuit alleges that the dealership group failed to protect the private information of its customers......»»
Top 5 stories of the week: CDK cyberattack; Fisker bankruptcy
A quick look at the top automotive stories of the week as determined by reader interest......»»
Why 3 Hyundai dealer agreement addendums could make business trickier for its retailers
The three franchise agreement addendums Hyundai wants its retailers to sign will not be legal in some states, and the changes don't take into account where today's industry stands, a dealer attorney says......»»
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.....»»
Despite chicken tax, Quartermaster pickup is worth importing for Ineos
Ineos Automotive's second model in the U.S. is the Grenadier Quartermaster pickup. It won't be cheap......»»
Apply now for the 2025 Automotive News PACE Awards and PACE Pilot
Companies are welcome to submit their innovations in product and process for the 2025 Automotive News PACE Awards and PACE Pilot......»»
Asbury lawsuits allege negligence in 2023 data breach at dealership group
Former Asbury Automotive Group Inc. employees are among the seven plaintiffs who have sued the dealership group, accusing it of negligence after an alleged December 2023 cybersecurity breach......»»
CDK Global shutdown forces dealers to pivot
CDK Global supplies the back-end software for almost 15,000 dealerships, including those owned by Rita Case, CEO of Rick Case Automotive in Sunrise, Fla......»»