Holman nearly doubles auto retail business with Leith Automotive megadeal
The transaction closed this week and nearly doubles Holman's auto retail business. It's the latest in a slew of large dealership group acquisitions......»»
Used EVs could be answer for consumers seeking affordability
The depressed values of used electric vehicles present an attractive solution to cost-conscious consumers seeking transportation, business leaders said at the 2024 Auto Finance Summit......»»
Top 5 stories of the week: Stellantis walks back work-from-home push; GM eyes virtual vehicle development
A quick look at the top automotive stories of the week as determined by reader interest......»»
Nemak"s Q3"s net income takes a tumble
The automotive supplier faces challenges with labor costs and product pricing, along with restructuring efforts amid the transition to electric vehicles from internal combustion engines......»»
How Lenovo Is Powering Formula 1®— the world’s most technologically advanced sport
Formula 1® is one of the most advanced sports in the world, known for pushing the boundaries of automotive engineering, aerodynamics, and data analysis. Not only are cars constructed with cutting-edge materials using advanced aerodynamic research, t.....»»
Column: Good or bad, artificial intelligence is permeating the auto industry
Whether AI is really ready to revolutionize every element of the auto industry remains to be seen. But it does seem likely to do so eventually......»»
Rivian, Bosch point fingers in lawsuits over production woes
Rivian is locked in a legal fight with the world’s largest automotive supplier over motors in the R1 pickup truck and SUV as the electric vehicle maker grapples with ongoing production issues. .....»»
Ally Q3 earnings: net income up 20% despite weak auto finance quarter
Ally Financial's net income rose by more than 20 percent during the third quarter, supported in part by the tax credits it captured from a new emphasis on writing car leases. But Ally's Q3 2024 earnings were hindered by a more than 50 percent decline.....»»
Can NZ"s supply chain build enough resilience and sustainability to survive the next global crisis?
New Zealand is highly reliant on trade—particularly on maritime routes, which are lifelines for exports and imports. Key sectors such as agriculture, construction, and wholesale and retail trade depend heavily on this global network......»»
Microsoft lost some customers’ cloud security logs
Microsoft has lost several weeks of cloud security logs that its customers rely on to spot cyber intrusions. What happened As reported by Business Insider earlier this month, Microsoft privately notified affected customers of this incident and told t.....»»
Proton unveils new business VPN features
It's never been easier to protect your business, with new features from Proton VPN......»»
Hyundai internship hopes to accelerate automotive media diversity
HBCU students at Florida A&M gain hands-on experience and networking opportunities to break into the automotive industry......»»
American Axle sells assets in India to Bharat Forge
AAM is focusing its growth on combustion, hybrid and fully electric passenger vehicles, divesting its commercial axle business in India......»»
1 Thing We"re Talking About: Collision repair group gets grant to help boost technician ranks
I-CAR, which provides automotive collision repair industry education and credentialing among other services, is now a national Registered Apprenticeship hub and received a grant from the U.S. Dept. of Labor to bolster the ranks of collision technicia.....»»
Business expert explores strategies for supporting women in leadership, curbing bias
Women and minority leaders who reach senior executive positions often face more intense scrutiny, and research has recommended organizations provide critical stakeholders with information about a leader to reduce negative biases......»»
Daily 5 report for Oct. 16: Detroit 3 suppliers face major conundrum on China business
Many suppliers who bought into rosy EV production forecasts from their Detroit 3 customers now face the reality of unmet expectations......»»
GM wheel supplier files for Chapter 11 bankruptcy amid pricing dispute
Accuride and its subsidiaries petitioned for voluntary Chapter 11 bankruptcy protection in Delaware and in Canada, aiming to shed debt and money-losing business......»»
Karma’s EVs are getting a Master & Dynamic audio upgrade
Karma Automotive has partnered with Master & Dynamic for the in-cabin audio systems of its newest EVs......»»
Apple previews new iPhone features including enhanced caller ID for businesses and brand logos in Mail
Apple today announced an extension of the Apple Business Connect program, which allows companies to submit information about their businesses to Apple to be surfaced in Apple Maps, Siri and increasingly more places across the operating system. In.....»»
Okta helps protect business before, during and after authentication
Okta announced new Workforce Identity Cloud capabilities to address top security challenges such as unmanaged SaaS service accounts, governance risks, and identity verification. As part of a unified approach, these innovations help protect business b.....»»
FTC “click to cancel” rule seeks to end free trial traps, sneaky auto-enrollments
No more jumping through endless hoops to cancel subscriptions, FTC rule says. It will soon be easy to "click to cancel" subscriptions after the US Federal Trade Commission (FTC) .....»»