Group 1 to acquire U.K. group Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million. The deal is expected to close in the third quarter......»»
VW Group"s Q1 profit drops 20% on lower volumes, higher costs
The automaker's Porsche brand reported a 14.8 percent operating margin decline on higher model revamp investments and lower demand for premium cars in China......»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»
Asbury Automotive says 10 dealerships are up for sale
Asbury Automotive Group said it entered Q2 with $243 million in assets for sale — including 10 dealerships — after selling a Jim Koons Lexus site in Delaware to MileOne Autogroup in March......»»
Lear to acquire Spanish automation supplier to ease labor costs
Financial terms were not disclosed for the deal, announced Monday and expected to close by the third quarter......»»
Orion"s erupting star system reveals its secrets
An unusual group of stars in the Orion constellation have revealed their secrets. FU Orionis, a double star system, first caught astronomers' attention in 1936 when the central star suddenly became 1,000 times brighter than usual. This behavior, expe.....»»
Is Sea of Thieves cross-platform?
Sea of Thieves is all about getting a group of friends together to take to the high seas. But is Sea of Thieves cross-platform? Here's what you need to know......»»
Did Vesuvius bury the home of the first Roman emperor?
A group of archaeologists, led by researchers from the University of Tokyo, announce the discovery of a part of a Roman villa built before the middle of the first century. This villa, near the town of Nola in southwestern Italy's Campania region, was.....»»
AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue......»»
Thiol-ene click reaction offers a novel approach to fabricate elastic ferroelectrics
A research group led by Prof. Li Runwei and Hu Benlin at the Ningbo Institute of Materials Technology and Engineering (NIMTE) of the Chinese Academy of Sciences has developed a facile and efficient approach to fabricate elastic relaxor ferroelectrics.....»»
Scientists discover safer alternative for an explosive reaction used for more than 100 years
The chemical industry has been using a reaction with explosive chemicals for more than 100 years—now Mülheim scientists have discovered a safer alternative. The Ritter Group of the Max Planck Institut für Kohlenforschung in Mülheim/Ruhr has publ.....»»
Fred Beans buys 4 Rosenthal Automotive dealerships
Rosenthal Automotive Organization divested four Philadelphia area dealerships it bought in June 2022 from Sussman Automotive Group......»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
IBM to buy HashiCorp in $6.4 billion cash deal, expanding cloud portfolio
IBM and HashiCorp have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Inf.....»»
Continental fined $107M over role in diesel-emissions scam
German prosecutors issued the fine over the company’s participation in the scam via selling more than 12 million engine control units that automakers, including Volkswagen Group, used to manipulate emissions......»»
Group 1 net income falls nearly 7% in Q1 as company ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Group 1 net income falls nearly 7% in Q1 as it ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Researchers unveil PI3K enzyme"s dual accelerator and brake mechanisms
A group of researchers have expanded conventional knowledge on a critical enzyme that controls cell migration. In a publication in the journal Nature Communications, they reported that phosphoinositide 3-kinase (PI3K) not only acts as an accelerator.....»»
Group 1 net income falls nearly 7 percent in Q1
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Bioluminescence first evolved in animals at least 540 million years ago, pushing back previous oldest dated example
Bioluminescence first evolved in animals at least 540 million years ago in a group of marine invertebrates called octocorals, according to the results of a new study from scientists with the Smithsonian's National Museum of Natural History......»»
Apple rolls out the third developer beta round for testing
Apple's third round of developer betas for the current generation has arrived, including iOS 17.5 and macOS Sonoma 14.5.iOS 17Developers participating in Apple's beta program can acquire the new builds from the Apple Developer Center or by updating t.....»»