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Envision Motors buys 3 Mercedes-Benz dealerships

Envision Motors acquires three Mercedes-Benz dealerships from Von Housen Automotive Group......»»

Category: topSource:  autonewsJan 9th, 2023

GM to up BrightDrop output, add 2nd shift at Ontario plant, Unifor says

General Motors Canada has committed to increasing production at CAMI Assembly starting in the first quarter of 2025, according to Unifor Local 88 as the union and automaker began contract talks Sept. 9. .....»»

Category: topSource:  autonewsRelated NewsSep 9th, 2024

Now an established luxury brand, Genesis is refining strategy to win loyal customers

Hyundai's premium brand expects more growth on strong product, new dedicated dealerships and a focus on loyalty......»»

Category: topSource:  autonewsRelated NewsSep 7th, 2024

Why are U.S. dealers getting more pessimistic about the market? This Cox Q3 poll gives clues

Pessimism crept into franchised car dealers' outlooks during the third quarter, according to a Cox Automotive Dealer Sentiment Index poll, which also found that interest rates and consumers' political uncertainty continue to burden dealerships......»»

Category: topSource:  autonewsRelated NewsSep 6th, 2024

Scout Motors SUV, pickup to be revealed Oct. 24

Scout said the reveal date is 44 years to the week after production of the International Harvester Scout II ended on Oct. 21, 1980......»»

Category: topSource:  autonewsRelated NewsSep 3rd, 2024

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......»»

Category: topSource:  autonewsRelated NewsSep 3rd, 2024

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.....»»

Category: topSource:  autonewsRelated NewsAug 30th, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 30th, 2024

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.  .....»»

Category: topSource:  autonewsRelated NewsAug 30th, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 28th, 2024

Ed Morse Automotive completes purchase of 6 Arizona dealerships

The dealerships represent the first in the state for the group......»»

Category: topSource:  autonewsRelated NewsAug 28th, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 28th, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 27th, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 27th, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 27th, 2024

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.....»»

Category: topSource:  arstechnicaRelated NewsAug 26th, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 26th, 2024

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......»»

Category: topSource:  digitaltrendsRelated NewsAug 26th, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 23rd, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 23rd, 2024

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......»»

Category: gadgetSource:  makezineonlineRelated NewsAug 23rd, 2024