AutoNation captive finance arm"s aim narrows
AutoNation, which acquired CIG Financial in late 2022, told independent dealer customers that it would no longer handle their financing. Instead, it will focus on franchised dealers and AutoNation USA stores......»»
ManageEngine SaaS Manager Plus simplifies access management
ManageEngine launched SaaS Manager Plus, a SaaS management solution for enterprises. SaaS Manager Plus seamlessly integrates with Zoho apps and other widely utilized applications, empowering IT admins and finance managers to streamline their SaaS eco.....»»
Research examines factors of resilient city development
In recent years, with rapid urbanization, the global landscape of science and technology, industry, energy, and finance has undergone profound changes. Concurrently, emergencies or sudden events including natural disasters, human-induced disasters, a.....»»
What will high vehicle prices and interest rates mean for the auto finance market in 2024?
Automotive News asked five auto finance experts to share their thoughts on these challenges and what affordability constraints might mean for the months ahead......»»
Carvana says price gap between used EVs and ICE cars narrows
Online auto retailer Carvana says its average used-EV sale price fell to $31,000 in the first quarter......»»
6 public auto dealership groups challenged by inflation, lower profit per vehicle
Asbury, AutoNation, Group 1, Lithia, Penske and Sonic continue turning to acquisitions or growing service and parts operations for new revenue sources......»»
Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»
CFO: AutoNation Finance should break even by 2025
AutoNation CFO Thomas Szlosek said that AutoNation Finance is making steady progress as the division continues shift to company customers......»»
AutoNation Finance should break even by 2025: CFO
AutoNation CFO Thomas Szlosek said that AutoNation Finance is making steady progress as the division continues shift to company customers......»»
AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue......»»
iOS 17.5 Release Date & Time Narrows
The iOS 17.5 release date timing for iPhone has narrowed thanks to an announcement from Apple. Apple today pushed a new version of the iOS 17.5 beta to testers. It’s the third version of the beta which means the software is progressing toward a.....»»
GM Financial Q1 net income slips 8%
The captive said lease originations rose, while retail loans fell......»»
Google’s latest layoffs are in finance and real estate
Google's almost uncountable number of layoffs continues. Enlarge (credit: Sean Gallup | Getty Images) Google CEO Sundar Pichai promised more layoffs at Google this year, and the company is delivering. Business Insider w.....»»
Viewpoint: People or planet? Australia must invest in both for a sustainable future
Designed to support Australia's pathway to net zero, the government recently released its Sustainable Finance Strategy for consultation......»»
Coal phase-out could be cheaper than currently implemented in Germany
Germany is providing 5 billion euros to finance "adaptation payments" to employees as coal is phased out. This will allow employees to retire without deductions at the age of 58. A study co-authored by the Berlin-based climate research institute MCC.....»»
AI hardware company from Jony Ive, Sam Altman seeks $1 billion in funding
A venture fund founded by Laurene Powell Jobs could finance the company. Jony Ive, the former Apple designer. (credit: Gary Cohen) Former Apple design lead Jony Ive and current OpenAI CEO Sam Altman are seeking funding f.....»»
AI and digital tools combat auto finance fraud, Informed.IQ report shows
Just over 30 percent of Informed.IQ's survey respondents said they had an error in 1 out of every 4 deal jackets......»»
South Africa is to shut down captive lion farms—experts warn the plan needs a deadline
The South African government has officially confirmed that captive lion farms will be shut down. A new ministerial task team report just released has cemented the government's intention, first made public in 2021, to put an end to African lions being.....»»
iPad Air 6 & OLED iPad Pro Release Window Narrows
Shoppers looking to buy Apple’s new iPad Pro or iPad Air 6 now have dates to circle on the calendar because a firm launch window has leaked out. In his latest Power On newsletter, Bloomberg reporter Mark Gurman has relayed a release week for th.....»»
How will astronauts cruise around the Moon? NASA narrows choice to three options
"I know we’re asking a lot of these companies." Enlarge / NASA's generic concept for a lunar terrain vehicle. (credit: NASA) NASA has made another bold bet on the nation's commercial space industry, this time asking pr.....»»
Gulf States Toyota names longtime exec Williamson as president
Gulf States Toyota, which distributes vehicles to 150-plus Toyota dealerships in five states, has named Eric Williamson as its new president. He succeeds Jeff Parent, who left last year to become COO of AutoNation......»»