Dealer outlook cools on acquisitions
Nearly half of dealers plan to buy one or more dealerships in the next 12 months, while only 2 percent expect to sell in that time frame, according to a survey by Kerrigan Advisors......»»
Group 1 Q2 net income slips 13% despite record revenue
The Houston dealership giant continued to generate revenue gains from acquisitions and service and parts business growth......»»
Microsoft Outlook wants to make sure you never lose that vital email again
Never come up short again with these new Microsoft Outlook updates......»»
How to change a signature in Outlook
Update your name, add a quote, or simply make sure you close your emails properly. Here’s how to change a signature in Outlook on Windows, Mac, and the web......»»
Column: The U.S. EV market right now is unnatural, not just immature
The EV market remains a swirling pool for the automakers and dealer networks trying to gingerly enter the segment. Tesla has a commanding lead, but few others seem to have found their bearings......»»
U.K. dealer group Lookers says acquisition by Global Auto unlikely to get approval
Global Auto Holdings, which is affiliated with Canada's Alpha Auto Group, aimed to buy Lookers for about $601 million, but shareholders are opposing the deal......»»
Outlook for Windows app replaces Mail and Calendar in new Windows 11 preview
Outlook for Windows client is still a preview with some missing features. Enlarge / The Outlook for Windows web app is included by default in the latest Dev channel Windows Insider build. (credit: Microsoft) Windows 11'.....»»
Shift Technologies cuts work force 34% in midyear restructuring
The company said it also decided to eliminate investment in its dealer marketplace business to focus on its core operations......»»
Shift Technologies reduces work force 34 percent in midyear restructuring
The company said it also decided to eliminate investment in its dealer marketplace business to focus on its core operations......»»
Mandatory EU financial disclosure increases frequency and quality of M&A deals, says study
Forcing private firms to disclose their financial statements leads to more mergers and acquisitions (M&As) and better deals, according to a new paper published by a researcher from Bayes Business School (formerly Cass)......»»
Toyota, Lexus extend reign of dealer attitude survey
All of last summer's top five repeated their performance in the winter 2023 edition of NADA's Dealer Attitude Survey. Cadillac joined the top 10 in 10th place, replacing Audi......»»
CIOs prioritize innovation over tech stack optimization
Despite economic obstacles and constraints on IT budgets, global CIOs maintain a positive outlook on the potential of technology to provide significant benefits for their organizations, according to Lenovo. Despite their optimism, the risks are real,.....»»
Calif., Ariz. dealer Abraham Razick dies in plane crash
Dealer Abraham Razick, who died in a plane crash on July 8, was an Automotive News Notable Veteran and an Automotive News 40 under 40 honoree......»»
The latest numbers on the microchip shortage: Cuts continue as outlook brightens
There were more signs that the microchip shortage is easing, even as automakers cut another 82,573 vehicles from production plans worldwide......»»
Calif. dealer exec creates weekly Clubhouse chat for auto retail tips
David Long of Hansel Auto Group launched the audio chatroom in November 2021. He's hosted more than 100 episodes......»»
Lithia unloads Toyota, Ford and Bentley-Lotus dealerships
Lithia Motors, fresh off two June acquisitions, sold three U.S. dealerships this month, including one it had just purchased......»»
Lear confident about seating business growth, raises outlook
Lear Corp. increased its 2023 sales outlook Tuesday by about $1 billion after a stronger-than-expected first half of the year for the seating business. Executives are confident they can continue to grow that business and increase market share in the.....»»
Lear Corp. confident about seating business growth
Lear Corp. increased its 2023 sales outlook Tuesday by about $1 billion after a stronger-than-expected first half of the year for the seating business. Executives are confident they can continue to grow that business and increase market share in the.....»»
AlixPartners outlook warns of Chinese EV competition, "ICE melting"
Pent-up demand may temporarily buoy demand, but the ICE age is ending, AlixPartners predicts. EVs are in, and Chinese brands are ready to compete for market share......»»
Infiniti teases EVs, new store design at dealer meeting to double sales
Nissan's luxury brand laid out a bold comeback plan for its frustrated dealers to increase sales to 100,000 vehicles by mid-decade — more than twice the 46,619 the company sold in 2022......»»
Microsoft faces off against US government over Activision deal, with top execs set to testify
Microsoft and the video game giant Activision Blizzard will face off Thursday against the US government in a high-stakes battle over one of the largest technology acquisitions in history......»»