Cox Automotive names Scott LeTourneau as CFO
LeTourneau is succeeding Mark Bowser, who will retire at the end of 2023......»»
Ford tells owners to stop driving if they’ve ignored 9-year-old airbag recall
The owners have now ignored three safety recalls. Enlarge / The Takata airbag recall has affected more than 100 million cars across the world. (credit: Getty Images) The "largest and most complex" automotive safety reca.....»»
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......»»
3-store dealership group Pillar streamlines accounts receivable with software
Shifting to a software-based process helped the small Ohio and Pennsylvania car dealership group Pillar Automotive streamline accounting staff and strengthen oversight......»»
3-store dealership group Pillar streamlined accounts receivable with software
Shifting to a software-based process helped the small Ohio and Pennsylvania car dealership group Pillar Automotive streamline accounting staff and strengthen oversight......»»
Ineos Automotive"s marketing boss departs for Lucid
One of the key executives behind Ineos Automotive's first major advertising effort has left the company......»»
Top 5 stories of the week: Carlos Ghosn on alliances; Nissan buyouts
A quick look at the top automotive stories of the week as determined by reader interest......»»
Feldman buys car dealership that battled back after Chrysler bankruptcy
Feldman Automotive Group is expanding with the acquisition of a dealership in Livonia, a Detroit suburb. Livonia Chrysler Jeep has been renamed Feldman Chrysler Jeep of Livonia following the acquisition, which closed Aug. 1. Feldman now owns.....»»
Asbury Automotive sells Colorado, Georgia Nissan car dealerships
Asbury Automotive Group Inc. sold one Colorado dealership and one Georgia store during the second quarter, the dealership group said in its earnings report Aug. 2. The locations have been renamed Alpine Nissan of Denver and Nissan of Cumming......»»
Sonic Automotive Q2 net income jumps despite CDK outage
Sonic Automotive's net income nearly doubled in the second quarter despite an outage related to the CDK cyberattacks......»»
California dealership to pay $290,000 to settle environmental violations complaint
Del Grande Dealer Group, in California's Bay Area, improperly disposed of automotive waste and failed to shred documents with customer information, authorities said......»»
Penske Automotive rebrands UK CarShop business, sells 3 stores
Penske Automotive Group Inc.'s CarShop stores in the United Kingdom now use the Sytner Select name......»»
Top 5 stories of the week: Stellantis sues dealership over fleet dispute; Toyota testing scandal widens
A quick look at the top automotive stories of the week as determined by reader interest......»»
Intel"s grim forecast could concern automakers in wake of microchip crisis
Intel is a major supplier of semiconductors to the automotive industry, having supplied chips installed in more than 50 million vehicles. Intel says 18 automakers have vehicles with Intel chips on the road for use in their EVs and software......»»
Sneak a peek inside the secretive new global headquarters that will lead Lexus into the EV age
Lexus finally moves into its new, unified global headquarters, a sprawling high-tech R&D and design center nestled into a forest-covered mountain. Automotive News went on an exclusive first tour of the facility......»»
Take AN"s exclusive tour of Lexus" new high-tech HQ in mountains of Toyota City
Lexus finally moves into its new, unified global headquarters, a sprawling high-tech R&D and design center nestled into a forest-covered mountain. Automotive News went on an exclusive first tour of the facility......»»
Researchers elucidate mechanisms behind protein selectivity in adenosine receptor
In a new study, a multinational research team led by Dr. Adnan Sljoka (RIKEN) and Prof. Akio Kitao (Tokyo Tech), in collaboration with Prof. Scott Prosser (University of Toronto), has carried out experimental and computational studies to elucidate th.....»»
Group 1 finalizes acquisition of Inchcape; adds 54 U.K. dealerships to its portfolio
Group 1 Automotive Inc. has finalized its acquisition of global automotive group Inchcape, which has 54 U.K. dealerships. The acquisition was announced April 15; Group 1 paid $439 million in cash. It is expected the acquisition will add $2.7 billi.....»»
Starling Automotive buys 3 dealerships, adds brands
Starling Automotive Group expanded in a spring acquisition, buying its first non-General Motors dealerships......»»
Petra Cares" technician training program celebrates one year of changing lives
Launched last year by the Petra Cares Foundation, the philanthropic arm of Petra Automotive Products, the project aims to provide at-risk youth and foster children aging out of the foster care system with the tools to jump-start a career as a mechani.....»»
Penske Automotive Q2 net income falls 20% on higher interest costs
Penske Automotive Group net income dropped in the second quarter, though the auto retailer posted record second-quarter revenue of $7.7 billion......»»