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......»»
CDK Global to pay $100 million to settle dealership antitrust suit
The proposed settlement, which requires a judge's approval, avoids a planned September trial. It does not affect other pending litigation against CDK......»»
Average dealership pretax profit slipped 33% in the first half of 2024, report says
The report from Presidio Group and NCM Associates also found the typical dealership hasn't reduced expenses quickly enough amid profitability declines......»»
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......»»
Smart sous vide cooker to start charging $2/month for 10-year-old companion app
“You’ve just lost a LONGTIME and very faithful customer." Enlarge (credit: Anova) Anova, a company that sells smart sous vide cookers, is getting backlash from customers after announcing that it will soon charge a su.....»»
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......»»
Robotic smart screen? Apple already sells that, and it’s flying under the radar
Apple is reportedly developing a new smart home product, a “pricey tabletop home device that combines an iPad-like display with a robotic limb.” The display would use robotics to swivel around and follow your movement. This all sounds a bit over-.....»»
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......»»
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......»»
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......»»
Nebraska Ford dealership fined for its role in Clean Air Act violation
Moody Motor Co. was sentenced to one year of probation, a special assessment fee of $125 and a fine of nearly $40,000......»»
GM CEO Mary Barra guest stars in Mohawk Chevrolet"s viral video parody on TikTok
Mohawk Chevrolet’s TikTok series, “The Dealership,” shows co-creator Grace Kerber visiting GM headquarters to pitch a rebrand of the Silverado pickup......»»
Asbury Automotive sells Colorado, Georgia Nissan car dealerships
Asbury Automotive Group Inc. sold one Colorado dealership and one Georgia store during the second quarter, the dealership group said in its earnings report Aug. 2. The locations have been renamed Alpine Nissan of Denver and Nissan of Cumming......»»
ITSM concerns when integrating new AI services
Let’s talk about a couple of recent horror stories. Late last year, a Chevrolet dealership deployed a chatbot powered by a large language model (LLM) on their homepage. This LLM, trained with detailed specifications of Chevrolet vehicles, was inten.....»»