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......»»
Legacy Automotive raises $500 million to fuel dealers making acquisitions
Legacy Automotive Capital is aiming to deploy $500 million over the next 36 months by assisting dealers in acquiring property in buy-sell transactions or providing them capital via a dealership sale-leaseback......»»
IC Insights reiterates 2022 semiconductor outlook of 11% growth
Despite rampant inflation and other macro headwinds, IC Insights continues to anticipate an 11% increase in total semiconductor sales this year - the same growth rate that was forecast in January......»»
My Outlook inbox was a mess before I started using these 3 tricks
These three tips dramatically improved my ability to manage incoming emails, and I think they'll help you too......»»
Mercedes retools U.S. dealer ops to "right-size," enhance field support
Mercedes is splitting its 383 U.S. dealers into three groups — Air, Land and Sea — based on throughput, with each group assigned a sales, aftermarket and service team......»»
Missed Payments, Rising Interest Rates Put "Buy Now, Pay Later" To the Test
"Buy now, pay later" companies promised a credit revolution that would change the way people pay for things. Rising delinquencies and a slowing economy are clouding that outlook. From a report: Payment plans that allow shoppers to split up the cost o.....»»
No more dealer markups: Ford wants to move to online-only sales for EVs
Ford thinks its distribution model costs $2,000 more per car than Tesla's. Enlarge / Ford's electric F-150 Lighting (L), eTransit (M), and Mustang Mach-E (R) battery-electric vehicles have all been such successes that they're all sold.....»»
J.D. Power buys F&I tools from car dealer software provider Tail Light
J.D. Power will also keep the staffers and customers associated with the two acquired pieces of software......»»
Microsoft Office apps are vulnerable to IDN homograph attacks
Microsoft Office apps – including Outlook and Teams – are vulnerable to homograph attacks based on internationalized domain names (IDNs). In practice, this means that users hovering above a link in a phishing email, a Word or Excel docume.....»»
HP Turns Back On $1 Billion In Annual Sales By Quitting Russia, Belarus
"Considering the COVID environment and long-term outlook for Russia, we have decided to stop our Russia activity and have begun the process of fully winding down our operations," said CEO Enrique Lores on a Q2 earnings call with analysts. Lores says.....»»
Ennostar cautious about sales outlook for 2Q22
LED maker Ennostar will likely see its revenue disappoint in the second quarter of 2022 due mainly to shipment disruptions amid COVID lockdowns in China, according to company chairman Lee Biing-jye......»»
Farmer Says Dealer Wouldn"t Repair His Tractor Until He Filed FTC Complaint
A farmer in Missouri said he had to go to complain to the Federal Trade Commission in order to get his tractor repaired by the only John Deere dealership in his area, showing how without the right to repair farmers are bound by the whims of the corpo.....»»
ThriveDX acquires LUCY Security to expand cyber training offerings for enterprises
ThriveDX announced the acquisition of LUCY Security which closed in February, further expanding the company’s cyber training offerings following recent acquisitions of Cybint Solutions and Kontra Security. LUCY Security is the most comprehensiv.....»»
A brighter business outlook in the States is one reason Canadian dealer groups are buying U.S. stores
It's not just warmer U.S. weather, but also the promise of a brighter outlook for business that is drawing interest from Canadian dealer groups......»»
Foxconn says lockdown impact is ‘rather limited’ amid iPhone 14 delay rumors
Last week, rumors about a possible iPhone 14 delay rumors gained traction due to several lockdowns in China in the past few weeks. Now, Foxconn, the iPhone maker, has raised its outlook for the current quarter and 2022 in general by saying it’s im.....»»
Hornetsecurity acquires IT-Seal to add security training services to its portfolio
Hornetsecurity announced the acquisition of IT-Seal, a security awareness training company. This is the latest in a spate of growth-boosting acquisitions by Hornetsecurity since 2019, where the company purchased Spamina, the Spanish provider of cloud.....»»
U.S. dealer groups want answers from VW on "alarming and puzzling" Scout announcement
Letters being sent to VW from NADA and state associations seek answers to how the German automaker plans to retail its upcoming Scout vehicles. North Carolina dealers made it clear they will defend their state's franchise laws......»»
EA reportedly tried to sell itself to Apple
EA has reportedly been seeking out a merger and Apple was a potential suitor, a report about Comcast CEO Brian Roberts' attempt to merge NBC with the game publisher reveals.Apple has a long history of making acquisitions, partly to bolster its employ.....»»
EA reportedly talked to Apple about a potential merger
EA has reportedly been seeking out a merger and Apple was a potential suitor, a report about Comcast CEO Brian Roberts' attempt to merge NBC with the game publisher reveals.Apple has a long history of making acquisitions, partly to bolster its employ.....»»
Grim drought outlook for western US offers warnings for the future
Much of the western U.S. has been in the grip of an unrelenting drought since early 2020. The dryness has coincided with record-breaking wildfires, intense and long-lasting heat waves, low stream flows and dwindling water supplies in reservoirs that.....»»
Apple a "compelling name" for riding out current market conditions, analyst says
Apple is a solid choice for a stock to ride out the current market storm because of its resiliency, installed user base, and services outlook, according to a Wedbush analyst.Apple iPhone 13 Pro MaxIn a note to investors seen by AppleInsider, lead Wed.....»»