Average dealership pretax profit down nearly 20% through Q3
The Presidio Group debuted a new quarterly report that includes dealership financial data gleaned from a partnership with NCM Associates......»»
Asbury Automotive sells Chevy store, Escude Automotive buys two S.C. stores
Publicly held Asbury Automotive Group sold another dealership, while Anderson Automotive Group also shed two stores......»»
Why dealership volumes at auctions are ‘No. 1 concern"
The role of AI and the potential impact of the presidential election also were among topics discussed by National Auto Auction Association leadership at Manheim Detroit......»»
Study shows companies can profit by aligning financial goals with social aims
International research involving Monash University has shown that businesses can achieve financial success by embracing critical global issues such as climate change, poverty, human rights violations and medical breakthroughs as a core mission......»»
How to seamlessly switch from Google Photos to iCloud Photos
Apple and Google have announced a new tool to import photos from Google Photos to iCloud Photos on Apple platforms. Here's how to use it.Apple and Google Photos.The collaboration is part of the non-profit Data Transfer Initiative (DTI) and its predec.....»»
Holman invests in FM Capital; both will boost auto tech deals
Holman is a conglomerate that owns a alrge dealership group and its own venture capital arm......»»
Ahead of iPhone 16, AI demand boosts Apple supplier Foxconn"s profits
Foxconn, Apple's iPhone 16 manufacturer has reported a fourth consecutive quarter of profit increases, which it credits to demand for AI servers.Workers in a Foxconn factoryFor the previous quarter, Foxconn's increased profits came from better than e.....»»
Novel anemometer tracks sound travel for speedier, more precise wind speed calculations on Mars
Mars has a notoriously inhospitable environment, with temperatures that fluctuate dramatically over the course of a Martian day and average minus 80 degrees Fahrenheit. Its surface is mostly covered in red dust, with terrain typified by craters, cany.....»»
Nissan dealership profits tank amid U.S. sales struggles
The average Nissan dealership earned 70 percent less in the first half of the year than in 2023, with more than a third of stores losing money, according to data obtained by Automotive News......»»
Dealership not on the hook for customer"s repairs done at independent shop, tribunal rules
A British Columbia dealership group isn't obligated to cover the parts, labor and towing costs for a service customer who had repairs done at an independent shop, the province's Civil Resolution Tribunal has ruled......»»
Researchers highlight the carbon-saving potential of compact cities
In recent years, the dramatic rise in extreme weather events due to climate change has escalated what was once termed "climate change" into a "climate crisis." With global average surface temperatures reaching unprecedented levels, the urgency to tra.....»»
Dealership yanks Utah State coaches" free cars
Murdock Auto Team ended its sponsorship of Utah State athletics after the school fired its head football coach and others in connection with a domestic violence case......»»
3-store dealership group Pillar streamlines accounts receivable with software
Shifting to a software-based process helped the small Ohio and Pennsylvania car dealership group Pillar Automotive streamline accounting staff and strengthen oversight......»»
3-store dealership group Pillar streamlined accounts receivable with software
Shifting to a software-based process helped the small Ohio and Pennsylvania car dealership group Pillar Automotive streamline accounting staff and strengthen oversight......»»
Still-churning remnants of Tropical Storm Debby prompted Raleigh auto dealerships to move vehicles
Hanna Imports, a used-vehicle dealership in Raleigh, N.C., relocated around 200 vehicles ahead of the storm, General Manager Chris Selfani said......»»
Still-churning Tropical Storm Debby prompted Raleigh auto dealerships to move vehicles
Hanna Imports, a used-vehicle dealership in Raleigh, N.C., relocated around 200 vehicles ahead of the storm, General Manager Chris Selfani said......»»
Feldman buys car dealership that battled back after Chrysler bankruptcy
Feldman Automotive Group is expanding with the acquisition of a dealership in Livonia, a Detroit suburb. Livonia Chrysler Jeep has been renamed Feldman Chrysler Jeep of Livonia following the acquisition, which closed Aug. 1. Feldman now owns.....»»
CDK cyberattacks dampen public dealership groups" Q2 numbers
The June 19 CDK cyberattacks significantly dampened earnings or created noteworthy short-term financial setbacks for five of the six public dealership groups......»»
A 13-month streak of global temperature records just ended. Here are five takeaways
After 13 months of what felt like an endless breaking of heat records, the streak came to an end last month—just barely. The European climate agency Copernicus said Thursday that July 2024's average heat just missed surpassing July of last year. Wh.....»»
Singlish goes digital: How Singaporeans infuse their distinctive language into online communication
"30th got school meh it's a Sunday leh." If we asked an average American what this online message means and what they can discern about its author, they would likely be baffled......»»
July ends 13-month streak of global heat records as El Nino ebbs, but experts warn against relief
Earth's string of 13 straight months with a new average heat record came to an end this past July as the natural El Niño climate pattern ebbed, the European climate agency Copernicus announced Wednesday......»»