Bigger incentives, selection lure consumers back to dealerships; May selling rate tops 16 million
6 of 7 reporting automakers saw sales gains in May; analysts say sidelined and patient consumers starting to return, but leasing still has room to grow......»»
CDK opens online resource center for dealers; rivals also step in to help impacted dealerships
As CDK Global continues to bring its DMS back online, its rivals have begun helping impacted dealerships continue operating......»»
CDK cyberattacks could trigger litigation from consumers and dealers alike
It was a rough week as CDK Global dealt with two cybersecurity attacks, its customers rushed to adapt and experts predicted more breaches to come......»»
A timeline of the cyberattacks on CDK Global
The majority of CDK Global's software systems continue to be unavailable for dealerships after two cyberattacks June 19. Here's a recap of the crisis......»»
Study suggests pawn loans compound the pain for many
Australia's pawnbroking industry is too lightly regulated, harming vulnerable consumers and leaving them in greater financial distress, according to new research by the University of Melbourne. The work is available in the University of Queensland La.....»»
Cooling "blood oranges" could make them even healthier—a bonus for consumers
An orange teeming with antioxidants and other health benefits may be a shot in the arm for consumers and citrus growers, if the fruit is stored at cool temperatures, a new University of Florida study shows. The findings are published in the journal F.....»»
Best Buy is selling restored Chromebooks for under $200
These laptop deals are Best Buy's way of letting you get a laptop on the cheap: Refurbished laptops!.....»»
As CDK Global outage continues, rivals step in to help impacted dealers
As CDK Global continues to bring its DMS back online, its rivals have begun helping impacted dealerships continue operating......»»
Toyota invests $531 million in Texas to produce axles in-house
Toyota will construct a 500,000-square-foot building and add 400 jobs to its complex near San Antonio that produces Tundra and Sequoia to make "drivetrain parts.".....»»
Stellantis signals more job cuts ahead in cost-reduction crusade
After already making buyout offers and layoffs in recent months, Stellantis said it's planning $200 million more worth of headcount reductions by year-end......»»
CarMax"s Q1 net income falls 33% to $152 million, revenue slips 7.5%
The company said it retailed 211,132 used vehicles in its fiscal first quarter, down 3.1 percent. Same-store used-vehicle retail sales fell 3.8 percent......»»
Argentina has surplus harvest, but farmers want more from Milei
In the pampas, Argentina's vast and fertile grasslands outside Buenos Aires, grain silos overflow with this year's harvest—but nobody is selling just yet......»»
Scammers target dealerships in U.S., Canada pretending to be CDK reps
CDK Global says scammers are targeting some dealership customers affected by the cyberattack that downed their DMS platforms......»»
New survey reveals how many people consider CarPlay a must-have in a new car
I’ve written a lot about CarPlay over the years, including questioning GM’s decision to abandon CarPlay on all of its EVs. Now, a new survey has details on just how important CarPlay is for people shopping for a new car, with a third of consumers.....»»
New insights into how cell shape influences protein transport rates
When a cell spreads out or changes its shape to adapt to its environment, the transport rate of proteins between the nucleus and cytoplasm changes. Previously, scientists assumed this change was caused by a shift in the size of the nuclear envelope's.....»»
3 important ways gaming on Arm PCs just got better
Arm PCs have yet to conquer consumers who use Windows for gaming, but Microsoft is confident in their potential......»»
The new Motorola Razr Plus might be a bigger deal than we thought
Motorola is set to unveil its next lineup of Razr devices next week. Thanks to a new leak, it sounds like the Razr Plus (2024) could be a pretty big deal......»»
Auto supplier ZF launches $62M expansion in suburban Detroit
ZF North America Inc. is working on a $62 million expansion in Macomb County in Michigan, where the automotive supplier is building out its international R&D base for airbag, seat belt and steering wheel systems. ZF LIFETEC, the company’s passiv.....»»
Family conditions may have more of an impact on upward social mobility than gender inequality
Family conditions—specifically, how similar one's social status and background is to one's parents' status—may play a bigger role in determining how easily an individual can shift into a wealthier socioeconomic class than gender inequality, accor.....»»
Most Ukrainians displaced by the war plan to return home when it is safe, research shows
More than 4 million Ukrainians were forced to flee following the invasion of their homeland by Russian forces in February 2022, with the vast majority heading to neighboring countries and other European nations......»»
Single point of software failure could hamstring 15K car dealerships for days
"Cyber incident" affecting 15K dealers could mean outages "for several days." Enlarge / Ford Mustang Mach E electric vehicles are offered for sale at a dealership on June 5, 2024, in Chicago, Illinois. (credit: Scott Olson / Gett.....»»