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......»»
U.S. vehicle inventory hovers below 3 million
New-vehicle inventory in the U.S. was at 2.91 million last month, down slightly from the previous month, Cox Automotive said......»»
Nissan cuts output of 2 core models, including bestselling Rogue
In a memo to retailers obtained by Automotive News, Nissan said it will cut production of the Rogue crossover and Frontier pickup by up to 40,000 vehicles......»»
Lucid teases midsize model for 2026; says Gravity EV will use Tesla"s NACS plug next year
Lucid's three-row Gravity crossover will use Tesla's NACS plug next year while its lower-cost midsize model will target the Tesla Model Y in 2026, CEO Peter Rawlinson tells Automotive News......»»
Ex-NFL wide receiver Kevin Johnson buys Ford car dealership
Drafted by the Cleveland Browns, Kevin Johnson ended his football career in Detroit. The dealership acquisition marks Johnson's foray into automotive retail......»»
Lucid teases "midsize" model for 2026; says Gravity EV will use Tesla"s NACS plug next year
Lucid's three-row Gravity crossover will use Tesla's NACS plug next year while its lower-cost 'midsize' model will target the Tesla Model Y in 2026, CEO Peter Rawlinson tells Automotive News......»»
X hires ex-Hyundai marketer Angela Zepeda as global head of marketing
X CEO Linda Yaccarino says the former automotive marketer will “further shape our transformation.”.....»»
Asbury not the only company to battle the FTC instead of settle, attorney says
Jean Noonan, a partner at the Hudson Cook law firm and a former Federal Trade Commission regulator, discusses settling FTC investigations versus fighting them as the car dealer Asbury Automotive Group has done......»»
Asbury denies FTC allegations, outlines internal processes in new filing
Asbury Automotive Group Inc. described internal policies on payment quotes and auditing deals for compliance in its formal answer denying the Federal Trade Commission's allegations against the national dealership group......»»
47 states fail to meet the ideal ratio of chargers to EVs, report says
Only the District of Columbia and three states — Vermont, Massachusetts and Rhode Island — have the prime ratio of electric vehicles to public chargers, according to the report by Here Technologies and SBD Automotive......»»
Top 5 stories of the week: Jeep gets new North America boss; August U.S. vehicle sales
A quick look at the top automotive stories of the week as determined by reader interest......»»
Top 5 stories of the week: Jeep gets new North America boss; August vehicle sales strong
A quick look at the top automotive stories of the week as determined by reader interest......»»
Why are U.S. dealers getting more pessimistic about the market? This Cox Q3 poll gives clues
Pessimism crept into franchised car dealers' outlooks during the third quarter, according to a Cox Automotive Dealer Sentiment Index poll, which also found that interest rates and consumers' political uncertainty continue to burden dealerships......»»
Retail tech company Xcite Automotive plans to raise venture capital after AI acquisition
Xcite, known for reconditioning vehicles and photographing them for dealer websites, purchased Double4 AI to enhance its tech-driven products and services......»»
The future of automotive cybersecurity: Treating vehicles as endpoints
The automotive industry is facing many of the same cybersecurity risks and threats that successful organizations in other sectors are up against, but it’s also battling some distinct ones. In this Help Net Security interview, Josh Smith, Principal.....»»
Celebrity group"s 4 dealerships sue CDK over cyberattack
Celebrity Motor Car Co.'s four dealerships have all sued CDK Global, accusing it of soliciting business by relating the risks of a dealership breach and the cybersecurity CDK could provide — only to be hacked itself and unavailable to retailers aft.....»»
Ariel E-Nomad Concept could create a new segment in the EV space
England-based Ariel turned the Nomad 2 off-roader into an experimental EV that's fast, fun, and eco-friendly......»»
Top 5 stories of the week: Ford Future Product; Angela Zepeda leaves Hyundai
A quick look at the top automotive stories of the week as determined by reader interest......»»
Researchers present a high-dimensional choice model for online retailing
In a new study, researchers developed a model that helps online retailers to more accurately predict customer purchases from a wide range of products in complex online shopping environments, reducing sales forecast errors by 10%–30% compared to tra.....»»
Behind the scenes: A dealership transaction in New Jersey
Automotive News gets glimpses of a dealership closing in Little Silver, N.J......»»
Genesis will add hybrids to diversify electrified lineup
The premium brand is slowing its rush to an all-electric lineup as consumers push back over infrastructure and affordability woes......»»