Dealerships acquired in Calif., Ga.
Three dealership groups acquired stores in California in separate deals, while another group added a second Stellantis store in Georgia......»»
For dealerships, a ‘flexible" job can be many things, panelists say
A panel discussion at Automotive News Retail Forum: NADA in Las Vegas on Thursday covered how to make jobs flexible for employees in ways that boost retention rates......»»
Protect AI acquires Laiyer AI to extend company’s AI/ML security capabilities
Protect AI announced it has acquired Laiyer AI. With the acquisition, Protect AI will be offering a commercial version of Laiyer AI’s open source LLM Guard with expanded features, capabilities, and integrations within the Protect AI platform. LLM G.....»»
Federal Reserve leaves interest rates unchanged, says more "confidence" needed in inflation slowdown before cuts
For the auto industry, interest rates remain top of mind for franchised dealerships......»»
Fisker, VinFast head to NADA looking for dealer partners
The two newcomers are the first full-EV brands to pivot from the direct-sales model pioneered by Tesla to franchised dealers. VinFast has a few dealerships and Fisker expects its first in February......»»
Live talk Friday at 2 p.m. EST: What"s on car dealers" minds at the NADA Show
Join Automotive News at 2 p.m. EST Friday for a live chat from the NADA Show floor as we discuss the key issues facing dealerships in 2024.Executive Editor Jamie Butters and Senior Editor Dan Shine will be joined by Leonard A. Bellavia, senior partne.....»»
Ford Pro selling 1,000 EVs to Ecolab for zero-emission Calif. fleet
Ecolab, a company that specializes in water treatment and purification, said it would buy more than 1,000 Mustang Mach-Es and F-150 Lightnings as it works toward electrifying its California fleet by next year......»»
Dahl Automotive grows in Wisconsin, reintroduces CDJR brands
Dahl Automotive, which has stores in Wisconsin and Minnesota, entered two markets in Wisconsin with its December purchase of four dealerships......»»
Amazon delivery stations aided by UVeye"s Automated Vehicle Inspection system
The online retail giant has started incorporating technology commonly found in dealerships at some of its delivery stations......»»
Morrie"s Auto Group adds three stores in Wisconsin
Morrie's Auto Group bought three dealerships in Wisconsin, expanding its store count in the Midwest......»»
Sonic Automotive, Penske Automotive shutter used-vehicle-only dealerships
More than 140 people were laid off at Northwest Motorsport locations, according to a Washington state government filing......»»
Fisker to recruit retailers at NADA as first Ocean EVs head to dealerships Feb. 5
CEO Henrik Fisker says more than 65 U.S. dealers are talking with the EV maker. The first group to sign has ordered thousands of the Ocean crossovers, which will hit dealer lots in early February......»»
Lincoln cutting 200 U.S. dealerships in 2-year consolidation push
The brand is offering Lincoln retailers buyouts that include sweeteners such as more Ford inventory and special incentive plans for loyal customers......»»
Researchers create safer form of Coxiella burnetii for scientific use
Scientists have unexpectedly discovered that the weakened form of the bacteria Coxiella burnetii (C. burnetii) not typically known to cause disease, has naturally acquired an ability to do so......»»
Nearly 5,000 dealerships send second letter urging Biden to "hit the brakes" on EV push
The second letter comes after nearly 4,000 dealerships in November sent a letter calling on Biden to reconsider the proposed regulations, which they argue would mandate an unrealistic shift to battery-electric vehicles in the U.S......»»
Reynolds and Reynolds, Carfax simplify service history upload process
Collaboration aims to help consumers as well as free up time dealerships spend manually adding data......»»
Stellantis buys CloudMade"s AI tech to support vehicle software development
Stellantis has acquired the artificial intelligence framework and other assets of tech company CloudMade to support the development of its STLA SmartCockpit platform......»»
North China fossils show that eukaryotes first acquired multicellularity 1.63 billion years ago
In a study published in Science Advances, researchers led by Prof. Zhu Maoyan from the Nanjing Institute of Geology and Palaeontology of the Chinese Academy of Sciences have reported their recent discovery of 1.63-billion-year-old multicellular fossi.....»»
Apple aims to run AI models directly on iPhones, other devices
Apple has acquired 21 AI startups since the beginning of 2017. Enlarge (credit: FT montage/AFP/Getty Images) Apple is quietly increasing its capabilities in artificial intelligence, making a series of acquisitions, staff.....»»
Reduced hours to stay at some car dealerships, owners say
Dealership owners say clipping just an hour or so a day — which many did during the COVID-19 pandemic and have since continued — has aided employee turnover and morale......»»
Dealerships look to cut costs through sustainability projects
From LEDs to recycling initiatives, EV chargers and reused water, dealers across the U.S. are making their businesses more sustainable......»»