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......»»
Microsoft Office with AI text generation coming as soon as March
Beyond just internet search, Microsoft is also gearing up to push AI features into its line of Microsoft Office products, including Word, PowerPoint, and Outlook.Microsoft is working closely with OpenAIOn Tuesday, Microsoft announced an upgraded vers.....»»
Volvo CEO stirs up new angst among U.S. dealers
If Volvo attempts to bring its direct sales model to this side of the Atlantic, it will push U.S. retailers into a defensive posture, the brand's dealer board chief warned......»»
Dealer skepticism meets Biden EV push
Dealers say they're feeling pressure from automakers to invest in EVs and the necessary infrastructure and upgrades to sell and service them. They are split on the Biden administration's strategy......»»
Tokyo Electron raises outlook despite expanding US curbs on China
Tokyo lifted its outlook for the full-year performance and would continue its operation in China despite a potentially expanded US ban to include Japan and the Netherlands......»»
Taiwan MCU vendors post revenue drops in January
Taiwan-based MCU vendors generally saw their January sales decline sequentially or annually, and are wary of the near-term demand outlook as they will remain in the stage of inventory depletion throughout the first half of the year......»»
MIcrosoft Outlook users suffered overnight outage, fixes rolling out
Microsoft Outlook suffered a major outage overnight, with users waking on Tuesday morning to find they couldn't access or send emails through neither the application nor the website — but things seem to be gradually getting better.Microsoft Outlook.....»»
Massive Microsoft Outlook outage brings email to a halt
Microsoft reported a "gradual recovery" in its Outlook service early Tuesday after a widespread outage for several hours overnight halted email and disrupted Teams and other products......»»
When will DDI market turn around?
Novatek Microelectronics is about to hold its earnings call, and what market outlook the top Taiwanese supplier of display driver ICs (DDI) will give for the chip segment is highly concerned by the entire supply chain, given that DDI was the first ch.....»»
Microsoft Outlook email experiences outage
Microsoft Outlook experienced an outage late Monday night and into Tuesday morning......»»
How MediaTek steadies the ship
MediaTek has provided a relatively optimistic short-term outlook concerning handset inventory digestion at channels. It has also seen some recovery in non-handset business segments. But MediaTek has stressed that it needs more time to observe the lon.....»»
Stellantis eager to talk with prospective minority dealers
A diversity executive with the automaker speaks about how it finds and matches minority dealer candidates to the right stores......»»
Dealer"s wellness program cuts benefits costs by incentivizing health
Friendship Family of Dealerships' wellness program is improving team morale and productivity, according to their human resources director......»»
Virginia legislation aims to prevent direct sales, delivery agents
Virginia's bill language includes a provision that prohibits automakers from unilaterally changing franchise agreements without also getting an agreement from the dealer......»»
GM hires former Tesla exec to head mergers and acquisitions
The automaker's newest vice president, Zach Kirkman, spent six years at Tesla and six years at Apple prior to that......»»
Microsoft outage appears to be largely resolved, restoring Outlook, Teams, Azure
A widescale Microsoft outage had many users unable to access Outlook, Teams, Azure, and more. The company says it is rolling back a network change it believes to be responsible for the problem … more… The post Microsoft outage appears to be la.....»»
Save $200 on the Sonos Arc Soundbar, now $699 (lowest price ever)
A limited-time discount brings the Sonos Arc Soundbar down to $699, the lowest price we've seen.Save $200 on the Sonos Arc.Adorama, a Sonos dealer, is hosting the $200 markdown on the Sonos Arc Soundbar when purchased in white. At 22% off, this is th.....»»
GM working to ease bottlenecks, near 100% production in 2023
The automaker is buying trucks so it can deliver vehicles to dealers more quickly, Chevy's dealer council chairman said......»»
Warranty parity legislation spreads to Colorado
A bipartisan bill introduced Friday in Colorado would follow Illinois in mandating that manufacturers pay dealers retail labor rates for warranty repairs. Other state dealer associations are pursuing similar actions, advocates say......»»
Higher interest rates could slow Group 1 acquisitions in "23
While Group 1 Automotive will likely acquire more dealerships in 2023, CEO Daryl Kenningham says the transactions may not come at the same rate as over the previous 18 months......»»
Van Tuyl on the hunt ‘in 13 states" for dealerships
Larry Van Tuyl pointed to the footprint of his former company, Van Tuyl Group, as to where he's looking for additional dealership acquisitions......»»