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......»»
Publics" dealership acquisitions drop in "22
The four public auto retailers who made dealership acquisitions in the first half of 2022 bought a total of 21 dealerships, down 69 percent from 67 stores that four public groups acquired in the same period last year......»»
Dealer group speaks EV buyers’ language
Salespeople at Del Grande Dealer Group's stores are learning the ins and outs of electric vehicles to tap into the California group's EV inventory......»»
Air pollution cools climate more than expected—this makes cutting carbon emissions more urgent
Air pollutants kill around 7 million people every year. Much of this pollution is tiny particles suspended in the air which, when inhaled, can cause people to develop heart and lung diseases, as well as cancer......»»
Record number of parents miss work as respiratory illnesses spike in kids
Though there are signs things could get worse, the White House has a rosy outlook. Enlarge / Parents work on their computers while their son entertains himself at their home in Boston in April 2020. (credit: Getty | Boston Globe.....»»
Understanding the growth modes of single-walled carbon nanotubes on catalysts
Insights into the catalyst structure-function relationship of single-walled carbon nanotubes (SWCNTs) can provide an outlook to their growth mechanisms. In a new report now published in Science Advances, Feng Yang and a research team in molecular sci.....»»
The latest numbers on the microchip shortage: Fewer cuts, outlook improves
The estimated number of vehicles axed from automakers’ production plans this year because of the microchip shortage fell slightly last week, according to AutoForecast Solutions......»»
NAMAD taps retail outsider as first new president since 2006
Hugene Fields, 35, takes the minority dealer association's reins from longtime leader Damon Lester, who bought his own store last year......»»
A long road ahead, but a break for Carvana
Slowing inflation appeared to temper the gloomy outlook on Carvana Co. that had set in since the online used-car retailer reported sharply disappointing third-quarter results earlier this month......»»
Lexus dealer uses Japanese art of ‘omotenashi" to surprise, delight service customers
Lexus of Watertown in suburban Boston has been using boxes of branded swag from its parts department to fill custom-made "omotenashi" boxes and distributing them to random customers each month to improve customer satisfaction......»»
Tokyo Electron cuts outlook on US chip curbs, memory slump
Key chip equipment supplier Tokyo Electron Ltd. slashed its full-year outlook after memory makers cut spending and the US ramped up restrictions on cutting-edge chip-gear exports to China......»»
Musk bans remote work at Twitter, warns staff of “dire” economic outlook
Twitter staff must be in office 40 hours a week unless Musk approves exception. Enlarge (credit: Getty Images | NurPhoto) Elon Musk reportedly told Twitter staff in an email Wednesday that he is banning remote work and t.....»»
A digital shift: Dealer groups adjust as more customers turn to omnichannel sales
The nation's public dealership groups say they saw continued digital sales growth in the third quarter, with some retailers selling thousands of vehicles through online sales platforms and others reporting at least half of their transactions involved.....»»
Dealer Jimmy Ellis dies at 67
Jimmy Ellis, CEO of Jim Ellis Automotive Group in Georgia, had run the family-owned company since 2015. He died Nov. 5......»»
GlobalFoundries issues record preliminary Q3 results, Q4 outlook flat
US semiconductor manufacturer GlobalFoundries (GF) released preliminary Q3 results on November 8, showing that the company's revenues, margins, and net income hit new records......»»
These new Zoom features take on Teams and Outlook in a serious way
Zoom has announced its in-house Mail and Calendar clients, which will soon be available in beta......»»
Experts in UTHF 2022 see chip industry landscape changing and warn non-tech threats
Experts spoke on the first day of the 2022 US-Taiwan High-tech Forum (UTHF) and gave reasons for optimism for the semiconductor industry outlook in the next 10 years. However, they also cautioned that the biggest threats and roadblocks for the next d.....»»
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......»»
Land Rover dealer Larry Zinn builds loyalty with off-roading fun
Each year, Miami land Rover dealer Larry Zinn's two stores hold an off-road driving event called Rover on The Rocks, where customers learn how to drive over rugged terrain using Rover's advanced electronic features......»»
Dealers push back on Ford EV mandates
Dealer associations in at least 13 states are accusing the automaker of unfairly burdening its retail network and violating franchise laws......»»
Flashpoint appoints Tom Hofmann as CIO and names Patrick Gardner as CPO
On the heels of a year of growth that includes two acquisitions, Flashpoint has introduced Tom Hofmann as Chief Intelligence Officer (CIO) and Patrick Gardner as Chief Product Officer (CPO). Together, they bring more than 40 years of experience deliv.....»»