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......»»
IC materials suppliers striving for steady growth in 2H22
Taiwan-based IC materials suppliers are optimistic about their business outlook for the second half of 2022, and they are improving their product mixes to cash in on robust demand for automotive and industrial applications, according to market source.....»»
Windows 11 bug breaks Outlook searches (again)
Remember when Outlook searches went wonky last year? Don’t look now, but it’s happened again......»»
California dealer agrees to $2.5 million settlement of ringless voicemail lawsuit
The allegations against Moss Brothers Auto Group claim the company continuously used ringless voicemails that amounted to "aggressive unsolicited marketing.".....»»
Samsung gives flat sales and profit outlook for 2Q22
Samsung Electronics' just unveiled sales and profit guidance for the second quarter represent almost flat sequential increases but double-digit surges compared to the same period in 2021......»»
N.J. dealership group sued by former employee for hostile "all-boys club" workplace
The suit alleges a wide range of improprieties, including management's failure to punish her finance department white male counterpart for forging customer signatures. The dealer group didn't respond to requests for comment......»»
LCD monitor outlook remains dull
Although sales of LCD monitors made some ground during the 618 mid-year shopping festival in China, the outlook for the monitor industry remains dim in the second half of 2022, according to market sources......»»
Why the FTC is issuing car dealer rules now
The FTC already can take legal action if dealerships violate the federal prohibition on unfair or deceptive acts or practices. But the government's path to catching violations becomes easier if a behavior is specifically defined as illegal in a.....»»
GM bars dealers from reporting sales before delivery
Varying state laws and scarce inventory amid a multitude of supply challenges created issues related to preselling a vehicle after a dealer was invoiced but before the customer received it......»»
What the FTC"s proposals on car dealer ads, F&I mean
The proposed Federal Trade Commission regulations on car dealers go beyond existing federal law and offer more specificity than the law that forbids unfair and deceptive dealership practices......»»
Macro headwinds bring more uncertainty to Taiwan electronics manufacturing outlook
Rising raw materials costs from the ongoing Russia-Ukraine war and worsening inflation continue to challenge Taiwan's electronics manufacturing industry, bringing more uncertainty to the industry outlook this year, according to the Taiwan Institute o.....»»
TSMC sees clients scale back orders
TSMC has seen its major clients adjust downward their chip orders for the rest of 2022, which may prompt the pure-play foundry to cut its revenue outlook for 2022, according to industry sources......»»
FTC Proposes New Rules to Rein in Shady Car Dealer Practices
A new set of proposed rules announced Thursday would prohibit auto dealers from using bait-and-switch advertising practices or tacking on nonsense fees. The post FTC Proposes New Rules to Rein in Shady Car Dealer P.....»»
Lithia Motors buys 9 dealerships in Florida, Nevada
Lithia Motors in two acquisitions purchased eight dealerships in southern Florida and a Hyundai-Genesis dealership in Nevada......»»
Cox lowers full-year forecast to 14.4 million vehicles
It's the second time this year Cox has lowered its sales forecast. It initially stood at 16 million vehicles, as the industry continues to struggle with a global semiconductor shortage that has upended supply chains and sapped dealer inventory......»»
Silicon Valley car dealer embraces a tech giant culture
Del Grande dealer group thrives in Silicon Valley by embracing the area's tech culture. The family enterprise invests in training, compensation and the perks expected in the California enclave......»»
Outlook on Mac is getting a great feature from MacOS Ventura
Microsoft is beta testing the ability to "undo send" an email in Outlook for Mac, delivering a feature that's already in the MacOS Ventura mail app......»»
BizLink upbeats about prospects for 2H22
Cable and wire system provider BizLink Holding is guardedly optimistic about its business outlook for the second half of 2022, as demand for datacenter and industrial applications remains stable despite macro headwinds......»»
Handset vendors see inventory swelling at channels
Channel dealers and retailers are suffering from excess smartphone inventories, casting a shadow on the overall handset market outlook for the second half of 2022, according to industry sources......»»
AlixPartners predicts supply chain issues to last through 2024; EV costs grow
Supply constraints and the semiconductor shortage will fester in the auto industry through 2024, consulting firm AlixPartners said at its annual Global Automotive Outlook briefing. "We see pent-up demand driving sales through it, but it's a very imp.....»»
Fake voicemail notifications are after Office365, Outlook credentials
A phishing campaign using fake voicemail notifications has been and is still targeting various US-based organizations, in an attempt to grab employees’ Office365 and Outlook login credentials, Zscaler warns. The campaing seems to be a repeat of.....»»