BMW names new finance boss
BMW has appointed a new chief financial officer as the German premium automaker spends billions of euros to transitions toward electric cars......»»
White House picks Monroe Capital to develop $1 billion fund for auto suppliers
The fund will help smaller firms along the supply chain gain access to capital in what is an underserved market in finance, despite being a trillion-dollar industry, CEO Theodore Koenig said......»»
Taliban using Iranian jammers to stop people watching critical news channels, says TV boss
Taliban using Iranian jammers to stop people watching critical news channels, says TV boss.....»»
AI’s hungry maw drives massive $100B investment plan by Microsoft and BlackRock
Investment "goes beyond what any single company or government can finance." Enlarge (credit: J Studios via Getty Images) If you haven't noticed by now, Big Tech companies have been making plans to invest in the infrastru.....»»
After 20 years, World of Warcraft will now let players do solo raids
People have been playing WoW solo for years, so this was just the final step. Enlarge / The final boss of the new WoW raid, who will now be beatable as a solo player in Story Mode. (credit: Blizzard) After 20 years, it's.....»»
Backlash over Amazon’s return to office comes as workers demand higher wages
Pressure increases for Amazon to raise wages amid return-to-office turmoil. Enlarge / Warehouse workers at the STL8 Amazon Fulfillment Center marched on the boss Wednesday to demand a $25 an hour minimum wage for all workers. (cr.....»»
Volkswagen dropping in-house U.S. auto loans, giving business to Wells Fargo
Volkswagen will cease to write U.S. Audi and VW auto loans through its in-house captive finance company and instead refer that business to Wells Fargo starting in April. It will also start to refer U.S. Ducati motorcycle loans to Wells Fargo at some.....»»
BMW hires former Polestar design boss as part of creative team reshuffle
Maximilian Missoni will oversee the design of the automaker's upper-midsize and luxury class models......»»
Comprehensive model uses airborne LiDAR data to predict walking travel times with unprecedented accuracy
You're a hotshot working to contain a wildfire. The conflagration jumps the fire line, forcing your crew to flee using pre-determined escape routes. At the start of the day, the crew boss estimated how long it should take to get to the safety zone. W.....»»
Missouri auto salesman gets 1-year sentence after admitting to helping fraudster
A former car salesman at the Marty Cancila Chrysler Dodge Jeep Ram auto dealership in Florissant, Mo., was sentenced in August to a year and a day in prison after admitting to helping a fraudster buy and finance vehicles using other people's personal.....»»
Elden Ring just took pity on us and nerfed Shadow of the Erdtree’s final boss
FromSoftware released a big Elden Ring update that, among other things, makes the final boss in Shadow of the Erdtree just a bit easier to deal with......»»
Remnant 2’s new free mode remixes the shooter’s best moments
Remnant 2 will get a free Boss Rush mode and a new DLC titled The Dark Horizon later this month......»»
The Xbox Series X is on sale for $448 at Walmart today
The Xbox Series X is on sale at Walmart today for $450. With up to 1TB of gaming storage, this 4K console is ready to take some names!.....»»
Top 5 stories of the week: Jeep gets new North America boss; August U.S. vehicle sales
A quick look at the top automotive stories of the week as determined by reader interest......»»
Top 5 stories of the week: Jeep gets new North America boss; August vehicle sales strong
A quick look at the top automotive stories of the week as determined by reader interest......»»
The attack with many names: SMS Toll Fraud
Bad actors leverage premium-rate phone numbers and bots to steal billions of dollars from businesses. In this Help Net Security video, Frank Teruel, CFO at Arkose Labs, discusses how to spot and stop them. The post The attack with many names: SMS Tol.....»»
Toyota design boss asks if radical Lexus next-gen EV styling ‘going to be OK?"
As Lexus readies a next generation of electric vehicles with a radical, new design language, design bosses promise the departure will be as dramatic as when the Japanese premium brand introduced its polarizing spindle grille. The new guiding mantra a.....»»
Uncovering the secret communication of marmoset monkeys: They have names
A new study from Hebrew University reveals that marmoset monkeys use specific calls, known as "phee-calls," to name each other, a behavior previously known to exist only in humans, dolphins, and elephants. This discovery highlights the complexity of.....»»
F&I revenue still possible as leasing returns
As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there's still an opportunity for the finance and insurance office,.....»»
Polestar names former Opel, VinFast boss Michael Lohscheller as new CEO
Industry veteran Michael Lohscheller joins Polestar as it struggles financially. He replaces Thomas Ingenlath, who has resigned from the Geely-owned company......»»
Public dealerships" F&I gross profits fall in Q2 but most above $2,000 a vehicle
AutoNation, Lithia, Group 1, Sonic and Asbury all had same-store finance and insurance gross profit per vehicle above $2,000 in the second quarter......»»