Envision Motors buys 3 Mercedes-Benz dealerships
Envision Motors acquires three Mercedes-Benz dealerships from Von Housen Automotive Group......»»
12-year-old keeps burglarizing Md. dealerships
Police told a Maryland TV station they've caught the boy at least eight times but that he's too young to be charged with the crimes he's committing......»»
Celebrity group"s 4 dealerships sue CDK over cyberattack
Celebrity Motor Car Co.'s four dealerships have all sued CDK Global, accusing it of soliciting business by relating the risks of a dealership breach and the cybersecurity CDK could provide — only to be hacked itself and unavailable to retailers aft.....»»
AutoNation sale of 2 Ford stores may just be start
AutoNation Inc. in August sold two Ford dealerships and it appears it may have more dealerships slated to sell, according to a regulatory filing......»»
GM delays additional $330M investment in Thacker Pass, Lithium Americas says
Lithium Americas said General Motors has delayed the second tranche of investment, worth $330 million, in the miner until the end of the year. .....»»
GM, Samsung SDI push back opening of Ind. battery plant to 2027
General Motors and Samsung SDI finalized their partnership that will invest $3.5 billion in an EV battery plant in Indiana......»»
Ed Morse Automotive completes purchase of 6 Arizona dealerships
The dealerships represent the first in the state for the group......»»
McGovern Automotive"s deal to buy Mercedes store isn"t just business — it"s personal
Sellers Allan Sockol and Scott Coleman's values align with rapidly growing McGovern, and they will remain involved in the dealership as partners......»»
Public dealerships" F&I gross profits fall in Q2 but most above $2,000 a vehicle
AutoNation, Lithia, Group 1, Sonic and Asbury all had same-store finance and insurance gross profit per vehicle above $2,000 in the second quarter......»»
Westlake Financial launches fleet financing product to power micro leasing at dealerships
The vehicles used in micro lease programs can fall into a gap not covered by traditional floorplan or rental financing......»»
Lithia"s captive finance company Driveway Finance turned a Q2 profit
Lithia Motors Q2 2024 earnings: After just a few years of operation, Lithia's relaunched captive finance car loan company Driveway Finance Corp. turned a profit during the second quarter and was on track to stay that way......»»
A lot of new in-car tech is “not necessary,” survey finds
Partially automated driving systems scored particularly poorly. Enlarge / Mercedes-Benz got into the passenger infotainment game with the EQS. (credit: Mercedes-Benz) Jumping into a new car from the driver's seat of so.....»»
GM captive finance company withdraws application to create a bank
The captive finance arm of General Motors applied to charter a type of bank called an Industrial Loan Company in late 2020......»»
The My Best Buy Plus membership essentially pays for itself after a few buys
If you shop at Best Buy you should consider subscribing to a My Best Buy Plus or Total membership for free two-day shipping, extra discounts, and more......»»
Dealerships can best use AI for specific processes
An expert with Infobip talked with Automotive News about the benefits of targeted AI use at dealerships......»»
Automakers insourcing crucial EV parts, leaving suppliers with fewer potential customers
Automakers are increasingly insourcing production of e-motors and other crucial electric vehicle components, posing a challenge for suppliers vying for business in the EV space......»»
Passive Motion Masks
Add movement to your mask — without motors. The post Passive Motion Masks appeared first on Make: DIY Projects and Ideas for Makers......»»
Dealerships kept contracts digital in Q2 despite CDK Global outage, Wolters Kluwer says
Car dealerships sent auto lenders more digital car loan contracts in the second quarter opting against paper documentation, despite the CDK Global outage in June following two cyberattacks......»»
Property insurance: Dealer hurdle over EVs
Zurich Insurance Group issues recommended best practices for dealerships servicing EVs that could add costs......»»
1 Thing We"re Talking About: MyKaarma, Sunbit integrate to bring customers flexible repair payment options
Service drive payment and communication platform myKaarma has integrated with Sunbit, a financial technology solution provider found at more than half of U.S. franchised dealerships......»»
F&I tip: CarShield case a reminder to make sure customers understand service contracts
There's a lesson for dealerships in the $10 million CarShield settlement with the Federal Trade Commission, says Zeigler Auto Group COO Sam D'Arc: Make sure staff can explain what customers are buying......»»