Hail strikes Michigan dealership
A hailstorm damaged vehicles at a dealership in Davison, Mich., on Thursday.....»»
Lithia increases stake in Pinewood DMS company to more than 25%
Lithia Motors Inc. now owns more than a quarter of the U.K. dealership management system provider Pinewood Technologies following purchases of nearly 5 million shares in the months since its initial minority investment......»»
Top 5 stories of the week: Stellantis sues dealership over fleet dispute; Toyota testing scandal widens
A quick look at the top automotive stories of the week as determined by reader interest......»»
Lithia dealership sued after fatal Challenger test-drive crash
The daughters of a Texas motorist killed after her car was struck by a Lithia dealership's Dodge Challenger allegedly traveling at least 100 mph during a test drive have sued the store as well as the driver and salesman allegedly inside the muscle ca.....»»
Are young climate activists finally being heard? Research shows adults support youth voice to parliament
In recent years, the climate emergency has sparked a global response from children and young people. The School Strikes for Climate movement is a prominent example......»»
Disparity dynamics: Geographic impact of social transfer programs on income inequality
Social transfer programs have significant geographic differences in spending that help to reduce income gaps between rich and poor regions of the United States, according to new University of Michigan research......»»
Lithia net income down 28% in Q2 despite record revenue of $9.2B
Lithia Motors Inc. Q2 2024 earnings: Net income fell 28 percent during the second quarter despite the car dealership group generating record revenue for that earnings period......»»
Credit Acceptance posts Q2 net loss of $47.1 million as auto lender revamps cash flow forecasting
The average Credit Acceptance second-quarter auto loan financed $26,816 in principal and interest, paid the dealership a $12,278 advance and was slated to run for 61 months......»»
The sun"s corona is weirdly hot, and Parker Solar Probe rules out one explanation
By diving into the sun's corona, NASA's Parker Solar Probe has ruled out S-shaped bends in the sun's magnetic field as a cause of the corona's searing temperatures, according to University of Michigan research published in The Astrophysical Journal L.....»»
Cadillac to launch track-focused package on CT5-V Blackwing
The Cadillac CT5 and V-Series variants, including Blackwing, are built at GM's Lansing Grand River assembly plant in Michigan. The Precision Package will launch early next year......»»
Asbury: Tekion DMS pilot in Ga. might get pushed to October over CDK dispute
Asbury Automotive Inc.'s dispute with CDK Global over data access might delay the national dealership group's plans to test Tekion at four Georgia dealerships by a month, Asbury told a Georgia court last month......»»
Stellantis sues dealership to avoid spending $180 million to buy back fleet vehicles
Stellantis has taken a North Carolina dealership to court to avoid having to repurchase several thousand unsold fleet vehicles at a cost of about $180 million......»»
Guaranteed income programs unlikely to improve health but still a valuable tool for alleviating poverty
Guaranteed income programs don't appear to improve the health of recipients, but they remain an important tool to consider for reducing poverty, according to research from University of Michigan and others......»»
Study suggests cloud-to-ground lightning strikes may have generated building blocks for life on Earth
A large team of chemists at Harvard University has found evidence suggesting that cloud-to-ground lightning strikes may have helped generate some of the building blocks needed for life on Earth to arise......»»
Former dealer Joe Maus returns to auto retail with Chevrolet store
Former auto dealer Joe Maus purchased a Chevrolet dealership in South Carolina, his first acquisition after selling his stake in other stores the past few years......»»
How one car dealership group tackles health care insurance costs
A Carter Myers self-insured plan allows it to manage costs and potentially give leftover money back to help employees cover premiums......»»
Employee charged with stealing more than $50,000 from New York CDJR dealership
A Victory Chrysler-Dodge-Jeep-Ram employee in Rome, NY., allegedly stole more than $50,000 from the dealership and was charged with second-degree grand larceny and first-degree falsifying business records......»»
Hyundai dealership customer sues CDK over cyberattacks
A Hyundai dealership lease customer on July 22 joined other consumers who have sued CDK Global, alleging their data was put at risk by the June 19 cyberattacks suffered by the dealership management system provider. Ronaldo Proto of Connecticut filed.....»»
Curbee launches software platform to streamline dealership mobile service
Curbee has launched a software-service platform designed to help dealerships streamline and enhance their mobile services for technicians and customers, thereby improving customer loyalty, profitability, and the overall service experience......»»
Threat of slimmer used-car profits, supply allows for little slack in 2024, dealers say
Franchised dealership and auto retail group leaders spoke with Automotive News in June and July about used-car market certainties and uncertainties in 2024......»»
Google strikes back with its own lightweight AI model
Google announced Thursday that it is releasing Gemini 1.5 Flash, it's snack-sized large language model, to all users, including the free tier......»»