Casa Auto buys 4 New Mexico dealerships
Casa Auto Group, of Texas, bolstered its presence in nearby New Mexico with the September purchase of four dealerships......»»
Fintech expert breaks down a disparity in lending to Uber drivers
Traditional prime auto lenders financed far fewer gig drivers than subprime lenders......»»
Ed Morse Automotive completes purchase of 6 Arizona dealerships
The dealerships represent the first in the state for the group......»»
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......»»
Westlake Financial launches fleet financing product to power micro leasing at dealerships
The vehicles used in micro lease programs can fall into a gap not covered by traditional floorplan or rental financing......»»
The My Best Buy Plus membership essentially pays for itself after a few buys
If you shop at Best Buy you should consider subscribing to a My Best Buy Plus or Total membership for free two-day shipping, extra discounts, and more......»»
CEOs of Nvidia, suppliers highest-paid leaders in 2023 compensation analysis
The median CEO compensation across auto industry sectors in 2023 declined 2.5 percent year over year to about $11.3 million......»»
Threads testing new option for temporary 24 hour posts
Meta began experimenting with an option for auto-archiving posts back in April, but the feature never came to fruition in that form. However, the company has now confirmed that they’re experimenting with a new ephemeral post format, where users can.....»»
GTA 6: release date window, trailer, news, and more
GTA 6 finally got its first trailer in December 2023. Here's what we know about the next Grand Theft Auto right now based on leaks and rumors from experts......»»
Dealerships can best use AI for specific processes
An expert with Infobip talked with Automotive News about the benefits of targeted AI use at dealerships......»»
Volvo Trucks picks Monterrey for $700 million Mexico assembly plant
Volvo AB said in April that it aimed to build a plant in Mexico to supply the group's Volvo Trucks and Mack Trucks businesses in the U.S. and Canada as well as Mack Trucks in Mexico and Latin America. .....»»
Dealerships kept contracts digital in Q2 despite CDK Global outage, Wolters Kluwer says
Car dealerships sent auto lenders more digital car loan contracts in the second quarter opting against paper documentation, despite the CDK Global outage in June following two cyberattacks......»»
Canadian rail lockout called "highly problematic" for North American auto industry
A weeklong stoppage could cost about $1 billion, according to one forecast. The costs and disruptions for U.S. automakers go up the longer the disruption lasts......»»
U.S. auto safety regulator closes probe into GM"s Cruise robotaxis
NHTSA is closing its into GM's Cruise robotaxis......»»
Property insurance: Dealer hurdle over EVs
Zurich Insurance Group issues recommended best practices for dealerships servicing EVs that could add costs......»»
1 Thing We"re Talking About: MyKaarma, Sunbit integrate to bring customers flexible repair payment options
Service drive payment and communication platform myKaarma has integrated with Sunbit, a financial technology solution provider found at more than half of U.S. franchised dealerships......»»
Pixel 9 phones: The Gemini AI stuff, reviewed
A newcomer dives into AI with the Pixel 9 Pro. Enlarge / I asked Gemini to "reimagine" the background of this Pixel 9 group shot (originally on beige paper) as "science fiction moonscape," and then used "Auto frame" to expand the.....»»
Sharks are taking a bite out of anglers" catch in the Gulf of Mexico, but culling isn"t likely to help
Fishermen across the Gulf of Mexico are reporting that something is eating fish off their lines. What's to blame? Many recreational anglers point a finger at sharks......»»
F&I data: Auto loan denial rate rises to 19%
Auto lenders denied nearly 1 in 5 consumers seeking a car loan during the 12 months ending in June, a larger rejection rate than a year earlier, according to the Federal Reserve Bank of New York's survey......»»
Repeal of Inflation Reduction Act"s EV, manufacturing incentives a ‘scary thought," industry executives say
The auto industry is urging lawmakers to preserve the Inflation Reduction Act's EV manufacturing and sales incentives, arguing they're crucial to making the U.S. competitive on the global stage......»»
Cleanup hopes for neighbors of Mexico"s "toilet bowl" wastewater dam
On the banks of a wastewater dam in central Mexico, under a dense cloud of mosquitoes, Yury Uribe is finally seeing hope after spending decades in "environmental hell.".....»»