Employee ordered to pay back nearly $50K to Chrysler-Dodge-Jeep-Ram dealership
Nicole Bradley tampered with financial records and used unauthorized funds from Erwin Chrysler-Dodge-Jeep in Troy, Ohio......»»
Bosch pushes back margin target, warns of further job cuts
Bosch said it is in talks with employee representatives in its mobility department about "personnel adjustments," adding redundancies were off the table under agreements struck between the company and its works council until 2027......»»
Common cloud security mistakes and how to avoid them
According to recent surveys, 98% of organizations keep their financial, business, customer and/or employee information in the cloud but, at the same time, 95% of cloud security professionals are not sure their security protections and their team woul.....»»
Hyundai sues Mass. dealership protesting new store nearby
An automaker is suing a Lynn, Mass., dealership that has challenged its decision to authorize a new point about 7 miles away and within its relevant market area......»»
Deepfaked video conference call makes employee send $25 million to scammers
A deepfake video conference call paired with social engineering tricks has led to the theft of over US$25 million from a multinational firm, the South China Morning Post has reported. The scheme and the deepfake video conference call The attack start.....»»
Hyundai touts early success with Amazon retail program
Just one month into the pilot program Hyundai made its first vehicle delivery to an Amazon employee in Seattle, the company told dealers Saturday at the NADA Show......»»
CDK CEO shifts focus to growth
CDK CEO Brian MacDonald spoke about the dealership management system market and the company's approach to innovation during the NADA Show in Las Vegas......»»
Penske president Kurnick: "Affordability is a big concern of ours"
A lack of cars to sell is no longer a problem for Penske Automotive Group, but consumer affordability poses a challenge to the car dealership company and the industry, Penske President Robert Kurnick Jr. told the American Financial Services Associati.....»»
WWE 2K24 Release Date: Tips & Tricks
If you’ve pre-ordered a copy of WWE 2K24, or if you’re thinking about buying a copy, there are some steps you should take before the game’s release date next month. WWE 2K24 is heading to Xbox Series X, Xbox Series S, PlayStation 5,.....»»
Kansas dealership could pay back customers $2 million if Chiefs win Super Bowl
More than 60 customers who bought a vehicle from Family Mitsubishi in Wichita will get their purchase refunded if the Chiefs win and meet certain conditions......»»
Dealers prep for what could be a ‘banner year" for buy-sells
Executives from three of the largest auto retailers in the country shared their outlooks on the dealership buy-sell market at AutoTeam America's Dealer/CEO/CFO Forum......»»
Upcoming Dodge Charger EV is "next generation of muscle," exec says
Dodge on March 5 plans to reveal the production version of the Charger Daytona SRT Concept it unveiled in 2022......»»
Former NADA chair Paul Walser urges young dealership leaders to ‘be patient"
Former National Automobile Dealers Association Chairman Paul Walser encourages 40 Under 40 winners and alumni to ‘be patient' when waiting for promotions......»»
Dealers say Biden"s EV strategy is too aggressive for U.S. market
Nearly 83 percent of dealers say the federal government is pushing the industry to move too fast on EVs, according to responses to the Automotive News 2024 Dealer Outlook Survey of 208 dealers and dealership managers......»»
Lithia closes $482M Pendragon deal after U.K. regulators give OK
Lithia closed on its nearly $500 million purchase of car dealership group Pendragon, a deal which largely completes Lithia’s expansion into the U.K. and also puts the U.S. group in the dealership management system business......»»
Three dealership groups, brothers acquire stores in Q4, Q1 deals
Two transactions involved dealers ranked on list of top dealership groups......»»
Jeep gives most detailed look yet of upcoming Wagoneer S EV
The interior of the Jeep Wagoneer S EV is the focus in the latest batch of teaser photos......»»
NHTSA closes 7-year probe of FCA over vehicle rollaways
NHTSA closed a seven-year safety investigation of Fiat Chrysler Automobiles after finding no evidence that rollaway accidents were caused by design or manufacturing defects. The investigation, launched in December 2016, came after over two dozen v.....»»
Brooklyn Mercedes-Benz dealership sues former technician, alleges warranty repair scheme
A Brooklyn, N.Y., dealership is suing a former technician, accusing him of fraud, computer fraud, breach of fiduciary duty and breach of contract stemming from an alleged scheme to misrepresent vehicles as eligible for warranty repairs......»»
Car thieves target dealer lots as retailers beef up security
The increase in technology that's readily available to criminals, providing them alternative ways to steal cars, is a driving factor behind the uptick in vehicle theft at dealership lots, experts say......»»
Lithia to buy 9-store Carousel group in Midwest from Pohlad Cos.
Lithia Motors will buy the nine-store Carousel Motor Group, a dealership group with stores in Minnesota and Wisconsin, from Minnesota Twins owner Pohlad Cos., the Pohlad conglomerate said in a statement Wednesday......»»