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Ford poised to lift restrictions on which dealers can sell EVs

Ford, after 11 meetings with dealers around the U.S., plans to undo a key element of the EV certification it launched in 2022, prompting backlash and lawsuits......»»

Category: topSource:  autonewsMay 24th, 2024

Stellantis exec departures raise alarm among U.S. dealers, salaried workers

Four prominent North American executives have left in recent months as CEO Carlos Tavares pushes Stellantis to improve its performance and cut costs......»»

Category: topSource:  autonewsRelated NewsJun 15th, 2024

Hyundai dealer agreement changes could be illegal in many states

A memo from NADA to its members alerts Hyundai dealers that certain amendments to the dealer sales and service agreement may break state franchise laws......»»

Category: topSource:  autonewsRelated NewsJun 14th, 2024

“Simulation of keyboard activity” leads to firing of Wells Fargo employees

With worker surveillance on the rise, vendors sell devices to fake keyboard and mouse movement. Enlarge (credit: Getty Images) Last month, Wells Fargo terminated over a dozen bank employees following an investigation int.....»»

Category: topSource:  arstechnicaRelated NewsJun 14th, 2024

Ford ending EV certification program, reopening sales to all dealers

Moving forward, dealers will be asked to invest in training through the virtual Ford University platform and spend a minimal amount of money on two Level 2 chargers......»»

Category: topSource:  autonewsRelated NewsJun 14th, 2024

Ford plans to cut up to 1,600 jobs at Valencia plant in Spain

The company, which employs about 4,700 workers at the factory, told unions it plans to eliminate 600 jobs permanently, while it is open to negotiate the possible rehiring of 1,000 people later......»»

Category: topSource:  autonewsRelated NewsJun 12th, 2024

Ford CFO: Rising inventories across the industry "worries me"

Ford CFO John Lawler said the industry will have to closely monitor supply and demand if it hopes to maintain the discipline many promised heading out of the microchip shortage......»»

Category: topSource:  autonewsRelated NewsJun 12th, 2024

Ford CFO says rising inventory levels across the industry "worries me"

Ford CFO John Lawler said the industry will have to closely monitor supply and demand if it hopes to maintain the discipline many promised heading out of the microchip shortage......»»

Category: topSource:  autonewsRelated NewsJun 11th, 2024

Longtime Ford dealer Sam Johnson dies at 84

At the peak of his career, Sam Johnson owned five dealerships spanning four states......»»

Category: topSource:  autonewsRelated NewsJun 11th, 2024

12-volt batteries with more power are poised for a long run in EVs and hybrids

In electrified vehicles and those with self-driving capabilities, no longer is it the battery's job to just start the engine and to keep the lights on. The 12-volt battery has a direct role in the vehicle's critical safety systems and in reducing emi.....»»

Category: topSource:  autonewsRelated NewsJun 11th, 2024

Jeep, Ford top survey of most patriotic brands

Jeep has been No. 1 in the annual survey every year since it started in 2002, while Ford repeated as No. 2 for the second year in a row......»»

Category: topSource:  autonewsRelated NewsJun 11th, 2024

AG resolves lease buyout cases with 2 more N.Y. Nissan dealers

Seven Nissan dealers so far agreed to pay restitution or penalties over allegedly bogus fees or improper vehicle price hikes for post-lease purchases......»»

Category: topSource:  autonewsRelated NewsJun 11th, 2024

The number of known Snowflake customer data breaches is rising

LendingTree subsidiary QuoteWizard and automotive parts provider Advance Auto Parts have been revealed as victims of attackers who are trying to sell data stolen from Snowflake-hosted cloud databases. Snowflake says that their investigation is still.....»»

Category: securitySource:  netsecurityRelated NewsJun 10th, 2024

Election uncertainty weighs on dealers, new Cox poll finds

Uncertainty related to the upcoming 2024 election contributed to car dealership professionals feeling neutral about the second-quarter market and expecting a similar sales environment for the third quarter......»»

Category: topSource:  autonewsRelated NewsJun 10th, 2024

Guest commentary: Dear Elon Musk: Partner with dealers to take Tesla into "Ludicrous Mode"

An open letter to Tesla CEO Elon Musk from dealership buy-sell advisory firm Haig Partners......»»

Category: topSource:  autonewsRelated NewsJun 10th, 2024

Ky. appeals court reinstates $100,000 damage award against Ford dealership

The Kentucky Court of Appeals has reinstated a $100,000 punitive damage award against a Lexington dealership that failed to disclose a pickup it sold as new was previously damaged while an employee was driving it......»»

Category: topSource:  autonewsRelated NewsJun 10th, 2024

Spliceosomes: New technique tracks proteins involved in RNA splicing

Bodybuilders and cellular mechanisms agree generating protein is a heavy lift. To complete the task, cells rely on complexes called spliceosomes. These molecular machines snip extra bits out of our genes' RNA copies and piece together precise instruc.....»»

Category: topSource:  physorgRelated NewsJun 10th, 2024

AI’s role in accelerating vulnerability management

With its capability to analyze, predict, and automate, AI stands to reshape many corners of business, most notably cybersecurity. In the field of vulnerability management specifically, AI is poised to have a profound impact, enhancing two key areas:.....»»

Category: securitySource:  netsecurityRelated NewsJun 10th, 2024

Stormgate is the StarCraft 3 you’ve been waiting for

I went hands-on with Stormgate. In lieu of a Starcraft 3, it's poised to become the new king of the RTS genre......»»

Category: topSource:  digitaltrendsRelated NewsJun 9th, 2024

Virgin Galactic set for final spaceflight before two-year pause

Virgin Galactic is poised on Saturday for its last spaceflight before heading into a two-year pause on commercial operations to upgrade its fleet, as the company seeks to finally turn a profit......»»

Category: topSource:  physorgRelated NewsJun 8th, 2024

Lawmakers call for the ban of 2 Chinese suppliers to Ford, Volkswagen

Lawmakers send letters that allege suppliers use forced labor along their supply chain......»»

Category: topSource:  autonewsRelated NewsJun 7th, 2024