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......»»
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......»»
Scent sells—but the right picture titillates both eyes and nose, research finds
Scented products with relevant images on their packaging and branding, such as flowers or fruit, are more attractive to potential customers and score better in produce evaluations, new research confirms......»»
YouTuber Mondi crashes McLaren Senna into Lexus dealership
The driver, known on YouTube as Mondi, bought the supercar a week earlier. He also totaled a GMC Hummer EV in 2022......»»
Lithia trims U.K. car dealership network after Pendragon deal
Lithia Motors is paring its U.K. auto retail footprint with cuts to the Pendragon network after entering and expanding throughout the country in the past 13 months. It's dropping 16 used-car CarStore locations and rebranding 11 others......»»
Ford launches AI-powered dealership training platform
The automaker is rolling out Ford University, a digital platform that utilizes AI to train dealership employees on selling vehicles and improving their relationships with customers......»»
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......»»
Porsche dealership sales manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a Porsche dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
Lear to acquire Spanish automation supplier to ease labor costs
Financial terms were not disclosed for the deal, announced Monday and expected to close by the third quarter......»»
Dealership not at fault for injuries caused by 80-year-old customer who crashed demo, court rules
A Louisiana dealership has been cleared of liability for a crash caused by an 80-year-old customer test driving a demo car......»»
Manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a luxury dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
Service customer arrested at gunpoint after dealership lost paperwork, suit says
A Kia dealership in California is being sued for reporting a vehicle as stolen after it misplaced the agreement loaning it to a customer who was having repair work done......»»
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......»»
Service customer arrested at gunpoint after dealership lost paperwork
A Kia dealership in California is being sued for reporting a vehicle as stolen after it misplaced the agreement loaning it to a customer who was having repair work done......»»
New GM North America chief Marissa West has deep ties to automaker
While growing up, General Motors' first female North American president would collect brochures at the Detroit auto show and pretend to run her own dealership......»»
IBM to buy HashiCorp in $6.4 billion cash deal, expanding cloud portfolio
IBM and HashiCorp have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Inf.....»»
GM"s Marissa West looks to connect with retailers as she oversees North American operations
While growing up, General Motors' first female North American president would collect brochures at the Detroit auto show and pretend to run her own dealership......»»
Apple won"t have to do that much to comply with EU"s new right to repair law
A new EU law means Apple will have to extend its iPhone warranty, and offer all users the same kind of repair or replace service it currently sells as AppleCare.The EU wants to make it easier to repair damaged smartphonesSince 2020, the EU has been d.....»»
Biden will ban TikTok unless Chinese owner ByteDance sells it
After a vote in the Senate tied to foreign aid late on Tuesday, President Biden will sign into law a requirement for ByteDance to sell or divest its TikTok platform within a year.TikTok could be banned in the USThe combination bill including a potent.....»»
Apple rolls out the third developer beta round for testing
Apple's third round of developer betas for the current generation has arrived, including iOS 17.5 and macOS Sonoma 14.5.iOS 17Developers participating in Apple's beta program can acquire the new builds from the Apple Developer Center or by updating t.....»»