Bernie Moreno sells last dealership, looks to acquire again
Former U.S. Senate candidate-hopeful Bernie Moreno sold his last dealership in August in Florida. But he's looking to acquire again......»»
Dealership lawsuit accuses Mitsubishi of ‘making false promises"
A terminated Kansas City, Kan., dealership has accused Mitsubishi Motors of North America of "mistreating its dealers by making false promises" in a bid to drive it and other dealerships out of business or move their points......»»
CyberArk to acquire Venafi for $1.54 billion
CyberArk has signed a definitive agreement to acquire Venafi from Thoma Bravo. This acquisition will combine Venafi’s machine identity management capabilities with CyberArk’s identity security capabilities to establish a unified platform for end-.....»»
Six public franchised dealership groups sweeten 2023 CEO pay with extras as Lithia"s DeBoer sees largest gain
Lithia, AutoNation, Asbury, Penske, Sonic and Group 1 pay a relatively modest base CEO salary but then sweeten compensation with other incentives. DeBoer's 2023 total jumps 73 percent......»»
CallRevu buys TotalCX, aims to dominate dealership calling tech
Private equity firm Serent Capital wants to grow CallRevu into a major player for retail automotive industry call monitoring analytics software......»»
Genesis dealership count triples
Genesis now has 35 exclusive storefronts across the U.S., helping to edge the premium brand away from mainstream Hyundai......»»
Miami dealership outfits police department with Rolls-Royce
Miami Beach police plan are using a 2012 Rolls-Royce Ghost on loan from Braman Motors as a recruitment tool......»»
Honda OK to reject store acquisition by poor-performing dealership, court rules
For the third time, a Honda dealership with one of the lowest retail sales effectiveness scores in Ohio has lost a bid to require American Honda Motor Co. to approve its acquisition of another store......»»
N.Y. Chevrolet dealership introduces delivery coordinator position to foster employee growth
A coordinator will do anything, from ensuring a customer knows how to use their new vehicle's technology to helping answer insurance and other general questions......»»
Mazda dealership milestone represents new era for the brand
The Retail Evolution facility program is a critical part in its goal to move upmarket......»»
First Black female Lexus dealer Ellenae Henry-Fairhurst dies
Henry-Fairhurst made her landmark purchase of an Infiniti dealership in 1999......»»
3 TV comedies on Amazon Prime Video you need to watch in May
The three comedies on Amazon Prime Video you need to watch in May 2024 include iconic ones from past decades, like the underrated sitcom The Bernie Mac Show......»»
NADA Academy preps future dealership owners, staff for changing times
Through in-person and online classes, the National Automobile Dealers Association trains dealership staff and future owners to face an industry challenged by consolidation, inflation and the perils of new technology......»»
Apple"s iPad upgrades march Lightning one step closer to death
After 11 years, 6 months, and 5 days of valiant charging and data service, the Lightning port is no longer on any iPad that Apple sells.You'll never see it again — a Lightning port on an iPadIt's easy to be glad about the move to USB-C for Apple de.....»»
Appeals court upholds GM termination of N.J. dealership
A federal appeals court has upheld the right of General Motors to terminate a Cherry Hill, N.J., Chevrolet dealership based on hundreds of allegedly bogus and questionable warranty repair claims, including work purportedly done on "ghost vehicles.".....»»
AlixPartners agrees to acquire global automotive consulting firm Berylls
AlixPartners plans to add Berylls' expertise in digital, strategy and growth consulting......»»
Akamai to acquire Noname for $450 million
Akamai Technologies has announced that it has entered into a definitive agreement to acquire application programming interface (API) security company, Noname Security. Noname, one of the top API security vendors in the market, will enhance Akamai’s.....»»
Mercedes dealership sued for allegedly not revealing used car had flood damage
A customer has accused a South Carolina dealership group of fraud, negligence, breach of contract and a consumer protection law violation for failing to disclose the used 2018 Mercedes-Benz E300 she bought had flood damage......»»
Warren Buffett’s Berkshire Hathaway sells 13% of its Apple shares
Warren Buffett’s Berkshire Hathaway offloaded around 13% of its Apple holdings in Q1 2024, the conglomerate revealed this weekend. Despite selling around 115 million shares, however, Buffett reaffirmed his commitment to AAPL going forward. Mean.....»»
Julie Herrera buys another Texas store
City Limits Nissan is the first dealership Julie Herrera bought without the backing of her investor partner Cavender Auto Family of San Antonio......»»
Minority dealer Julie Herrera expands IDEA Auto Group
City Limits Nissan is the first dealership Julie Herrera bought without the backing of her investor partner Cavender Auto Family of San Antonio......»»