CarLotz shutters 11 stores as it realigns for profitability
The used-vehicle consignment company, in announcing the move this week, blamed vehicle sourcing snafus and said it needed to preserve cash......»»
Lithia Motors enters north Florida, buys 3 dealerships
Lithia expects the stores to add more than $200 million in annual revenue......»»
Morrie"s Auto expands into Illinois, indiGO adds Porsche stores
Morrie's Auto Group adds Kia and Hyundai stores, while indiGO Auto expands with the Porsche brand......»»
Soil treated with organic fertilizers stores more carbon, study finds
With carbon dioxide levels in the atmosphere increasing in recent decades, there is a growing urgency to find strategies for capturing and holding carbon......»»
Biochar doesn"t just store carbon—it stores water and boosts farmers" drought resilience
As the climate changes, large parts of southern Australia are projected to get drier. Extreme rains are also becoming more common......»»
AutoNation sale of 2 Ford stores may just be start
AutoNation Inc. in August sold two Ford dealerships and it appears it may have more dealerships slated to sell, according to a regulatory filing......»»
Apple Books, Mac App Store outages have been resolved
Apple has resolved its outages affecting the Mac App Store and Apple Books, with all of its online stores and services working normally.The Mac App Store is back after a brief outage.Users were affected by a series of limited outages of Apple's onlin.....»»
Apple Stores run out of iPad mini stock amid rumors of a new model
Apple has just confirmed that it will be holding a special event on September 9, and the company is expected to announce the new iPhone 16 and Apple Watch Series 10, as well as new AirPods 4 models. However, it seems that the company may also have pl.....»»
New infosec products of the week: August 23, 2024
Here’s a look at the most interesting products from the past week, featuring releases from Entrust, Fortanix, McAfee, Own, RightCrowd, and Wallarm. Own proactively detects and stores data changes in Salesforce Continuous Data Protection from Own pu.....»»
Own proactively detects and stores data changes in Salesforce
Own released Continuous Data Protection for Salesforce customers, further strengthening its product offering to include recovery and analysis capabilities. Own Continuous Data Protection provides a turn-key solution that delivers significant value to.....»»
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......»»
The best Google Pixel 9 Pro XL cases for 2024
The first shipments of Google Pixel 9 Pro XL cases have arrived. Here are some of our favorite cases for the new smartphone as it becomes available in stores......»»
Coulter Motor Co. settles vehicle pricing add-ons case with FTC, Arizona for $2.6 million
The owner of dealerships Coulter Cadillac Tempe and Coulter Buick GMC Tempe and a former general manager of the stores have agreed to pay a combined $2.6 million to settle allegations of bait-and-switch advertising, price discrimination and improper.....»»
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......»»
Polestar to boost U.S. retail network by nearly 75% as new product arrives
The EV brand, which is tripling the size of its lineup this year, plans to add 20 stores in the U.S. by the end of 2025......»»
AutoCanada considers selling U.S. stores, reports data breach and $24 million Q2 loss
AutoCanada is exploring the sale of its U.S. dealerships and other “non-profitable and non-core assets,” as the company swung to a loss for the second quarter amid falling sales, a significant used-vehicle inventory writedown and fallout from the.....»»
VW said to delay Trinity EV flagship, may bring forward electric Golf launch
VW Group CEO Oliver Blume is reallocating product launch investments amid a slowdown in the EV market and the need for the group to cut costs to boost profitability......»»
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......»»
Live talk 1 p.m. EDT Tuesday: The pros and cons of EV economics
Michael Dunne of Dunne Insights and Elizabeth Krear of J.D. Power will discuss EV affordability and profitability......»»
How McLaren aims to match Ferrari, Lamborghini on profitability
CEO Michael Leiters, who joined the British automaker from Ferrari in 2022, says focusing on value over volume will help turn around McLaren, as will adding a partner to help reduce costs for platforms and new tech......»»
T-Mobile’s Revvl 7 Pro is Being Recalled from Stores
It's unknown as to what's caused the recall, at the moment. The post T-Mobile’s Revvl 7 Pro is Being Recalled from Stores appeared first on Phandroid. In an unfortunate turn of events, it looks like T-Mobile has issued a recall for u.....»»