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......»»
Risky choices: How US laws affect migrant children"s journeys to border
U.S. immigration law and the legal categorizations it imposes on migrants shape the journeys of migrant children from Central America as they move through Mexico toward the southern U.S. border, according to a new Yale study......»»
Penske expands service-scheduling AI pilot nationally
Penske Automotive Group's artificial intelligence platform to improve customer service and increase service and parts revenue is expanding across the auto retailer's dealerships nationwide......»»
Used-vehicle power players Carvana, CarMax see AI uses in inspections, appraisals and more
Used-vehicle sales giants are among auto retailers assessing and expanding applications of artificial intelligence......»»
Texas man, caught up in dealerships" feud, ticketed for missing license plate during test drive
Longo Toyota of Prosper said it was the first such incident, but police reportedly told the man they were having problems with area dealerships......»»
Lithia Q3 net income dinged by acquisition costs; quarterly revenue hits record
Lithia Motors Inc.'s net income fell 16 percent during the third quarter as the company bought three Florida dealerships and a remaining minority stake in Pfaff Automotive Partners......»»
Could AI software put a value on a car dealership? Some say yes
While one firm is betting on AI's use to price dealerships, some industry experts question its ability to overcome subjective elements of dealership valuations......»»
Deadly Flooding Leaves Trail of Destruction in New Mexico
Deadly Flooding Leaves Trail of Destruction in New Mexico.....»»
Qualcomm Focuses on Automotive Features with its Snapdragon Ride and Cockpit Elite Platforms
Qualcomm wants to work with more auto brands using its new chips. The post Qualcomm Focuses on Automotive Features with its Snapdragon Ride and Cockpit Elite Platforms appeared first on Phandroid. While most Snapdragon fans have had their.....»»
Mexico announces food and agriculture plan that could take the country back to the 1980s
Mexico announces food and agriculture plan that could take the country back to the 1980s.....»»
Vehicle cost and high rates are holding back middle-income Americans, according to Santander
Thirty percent of those surveyed said they were likely to take out an auto loan if rates came down......»»
F&I tip: Look at buyers with lower credit scores as an opportunity
Auto lenders and dealerships should not ignore car buyers with lower credit scores, Armando Hidalgo, director of servicing at SameDay Auto Finance, said in a panel discussion at the Auto Finance Summit this month in Las Vegas. With many of those c.....»»
AI, as it stands today, is a valuable tool for the auto industry but a poor substitute for humans
As the industry experiments with artificial intelligence, business owners need to be aware of the technology's promise and its limitations......»»
Porsche updates 911 GT3, offers track-focused Weissach package
The upper end of the Porsche 911 lineup is getting an update — and a track-focused Weissach package. The 2025 Porsche 911 GT3 starts at $224,495 with shipping and arrives at dealerships next summer. A naturally aspirated 4.0-liter flat-six ma.....»»
For dealership AI adopters, success is mixed
Artificial intelligence has helped dealerships improve their back-office functions and service operations. Chatbots have been a mixed bag......»»
In Brazil, BYD bets on agribusiness to spur hybrid pickup sales
Launching a hybrid pickup at a price premium to its rivals, and significantly more than the $53,400 the same vehicle costs in Mexico, represents something of a gamble......»»
For dealerships, AI remains a work in progress
Artificial intelligence has helped dealerships improve their back-office functions and service operations. Chatbots have been a mixed bag......»»
Used EVs could be answer for consumers seeking affordability
The depressed values of used electric vehicles present an attractive solution to cost-conscious consumers seeking transportation, business leaders said at the 2024 Auto Finance Summit......»»
Column: Good or bad, artificial intelligence is permeating the auto industry
Whether AI is really ready to revolutionize every element of the auto industry remains to be seen. But it does seem likely to do so eventually......»»
Ally Q3 earnings: net income up 20% despite weak auto finance quarter
Ally Financial's net income rose by more than 20 percent during the third quarter, supported in part by the tax credits it captured from a new emphasis on writing car leases. But Ally's Q3 2024 earnings were hindered by a more than 50 percent decline.....»»
In the heartland of Mexico"s Sinaloa cartel, the old ways have changed and violence rages
In the heartland of Mexico"s Sinaloa cartel, the old ways have changed and violence rages.....»»