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......»»
Group 1 Automotive was the seller of a N.J. Acura store
New Hampshire's Key Auto Group bought three dealerships on the East Coast and one in Nevada in three separate transactions. Group 1 Automotive was the seller of a N.J. Acura store......»»
Apple Music trademark blocked over branding conflict with musician
A court has rejected Apple's attempt to register the Apple Music trademark to its "Apple Corps" brand it acquired from The Beatles, favoring an independent artist.Court rejects AppleThe company argued that it had priority over musician Charlie Bertin.....»»
VW and Redwood want to recycle your old laptop and cell phone batteries
Volkswagen dealerships will put out collection bins for old consumer batteries. Enlarge / The recycling program will begin with 14 dealerships but expand throughout the year. (credit: Redwood Materials) Recycling old lap.....»»
Chevy, Audi, Stellantis and Ford dealerships trade hands in 4 states
Two of the country's largest dealership groups made first-quarter purchases while two other growing groups on the East Coast also made early 2023 purchases......»»
Someone created a blue Apple Watch Ultra, and it’s an acquired taste
The Apple Watch Ultra is already considered to be a luxury device for many, but this custom version really puts it over the top......»»
Tesla recalls 35 electric Semi trucks for rollaway risk
The recall covers 2023 Tesla Semi trucks, the first of which was delivered in December to PepisCo's Frito-Lay plant in Modesto, Calif......»»
Kia stores are a hot ticket for retailers
Dealership brokers say Kia has become an increasingly popular brand for consumers and the value of its dealerships continues to rise. At least 27 Kia stores changed hands in 2022, up from 24 in 2021......»»
Moving on up: Toyota-Lexus dealer transforms a Manhattan high-rise
BRAM Auto Group built new Toyota and Lexus dealerships on the fourth floor of what will soon be a multiuse high-rise in Manhattan. To make it work — and make money — they had to use every trick in the book, including keeping their cars in another.....»»
Apple bolsters its AI technology with acquisition of WaveOne startup
Apple has made an acquisition in the artificial intelligence space, as first spotted by TechCrunch. The report says Apple “quietly” acquired the Mountain View-based company WaveOne, a startup that was “developing AI algorithms for compressing.....»»
Rivian to relocate staff to Illinois plant to accelerate production, report says
The reorganization, expected to be announced soon, would mean those working on manufacturing engineering would be asked to relocate to central Illinois or its headquarters in Irvine, Calif......»»
Calif. Toyota dealership goes remote in search of used cars
Toyota Walnut Creek is tapping stay-at-home parents to source used cars via the Internet......»»
Napleton Auto Group duo buy 5 dealerships in 3 deals
Napleton Auto Group partners Paul Napleton and Danny Randolph acquired five dealerships in Wisconsin and Illinois in three 2022 transactions......»»
House Republican reintroduces bill to shorten design patents on auto repair parts
The bill was previously introduced in 2021 by Rep. Darrell Issa, R-Calif., who said it will expand consumer choice for collision repair parts, reduce costs for drivers and insurers and increase competition in the auto repair parts market......»»
Chevy, Buick, Honda and Acura dealerships sell in 4 states
Two dealership groups entered new states, a dealer and his group expanded in Chicago and an entrepreneur purchased his first franchised dealership — all in transactions that closed in the fourth quarter......»»
Mastercard acquires Baffin Bay Networks to improve customer security
Mastercard acquired Baffin Bay Networks to better help businesses deal with the increasingly challenging nature of cyber-attacks. Baffin Bay Networks, based in Sweden, adds to Mastercard’s multi-layered approach to cyber security and helps to stop.....»»
Murgado Automotive adds more stores near Chicago
The transaction includes two dealerships, one selling Cadillac, and the other selling Mercedes-Benz, BMW, Porsche, Infiniti and Honda from separate showrooms......»»
China develops new way of poaching South Korean talent
China's approach to obtaining South Korean technological secrets seems to have evolved in recent years. In the past, Chinese entities poached engineers and acquired businesses from South Korea. Now they are setting up research and development subsidi.....»»
Randy Marion Automotive buys GM, Stellantis, Honda and Kia dealerships
The North Carolina dealership group, fresh off a September acquisition, bought four stores in two separate first-quarter transactions. One of the deals included two new brands for the group......»»
Former N.H. dealer, NADA president Paul Holloway dies at 84
Former NADA president Paul Holloway was a Buick district manager before buying his first dealership in 1967. He once owned 13 stores before he began selling most of his dealerships in 2000......»»
Fox Motors buys Subaru, Buick-GMC dealerships in Detroit area
West Michigan's Fox Motors bolstered its Detroit area footprint with the acquisition of a Subaru dealership and a Buick-GMC store......»»