Honda promotes execs for U.S. sales, operations
Mamadou Diallo, assistant vice president of national sales at Acura, has been named vice president of auto operations beginning April 1. Replacing him in the sales post will be Emile Korkor, 43, assistant vice president of Acura sales and marketing i.....»»
EV sales remain healthy despite online doom and gloom
Battery EVs are expected to account for more than 8 percent. Enlarge (credit: Aurich Lawson | Getty Images) Battery-electric vehicles accounted for 8 percent of new vehicle sales in June and July of this year and should.....»»
Sorry, Microsoft — AI isn’t the reason people are buying new laptops
With all the hype around AI PCs this year, you might think everyone is loving the AI on their laptops -- but the IDC thinks it's irrelevant to sales......»»
VW ID Buzz allocations depend on ID4 sales success, location
The VW ID Buzz is set for a U.S. launch around Thanksgiving. The long-awaited model is set to become VW's most expensive model in the U.S......»»
Masimo CEO Joe Kiani resigns amid legal dispute with Apple
Apple and Masimo have been battling it out in court after the company specializing in health technologies managed to temporarily ban Apple Watch sales in the US due to alleged patent infringement. In the midst of this dispute, Masimo CEO Joe Kiani ha.....»»
CarMax"s Q2 net income rises 12%, revenue falls less than 1%
CarMax said it retailed 211,020 used vehicles in its second fiscal quarter, up 5.1 percent year over year. Same-store used-vehicle retail sales rose 4.3 percent......»»
OpenAI CTO Murati shocks with sudden departure as two other execs leave
Three major departures coincide with news about the company's planned restructuring. Enlarge / Mira Murati, chief technology officer of OpenAI, speaks during The Wall Street Journal's WSJ Tech Live Conference in Laguna Beach, Cal.....»»
Daily 5 report for Sept. 25: Another Stellantis challenge: Advertising
When an automaker's sales fall, an advertising agency review is sure to follow......»»
Stellantis reviews U.S. advertising accounts for Dodge, Ram, Chrysler, Alfa and Fiat
The review comes as the automaker is under dealer scrutiny as sales slump. The Jeep brand is not involved in the review......»»
Ransomware outfit claims it stole financial, employee, sales data from AutoCanada
The theft claim follows an IT breach from August. The publicly traded dealership group did not confirm being held for ransom......»»
This espresso machine is $300 off during early Prime Big Deals Days sales
Brew your favorite caffeinated beverages to perfection with the Philips 3200 Series espresso maker, now on sale for $600 when you buy on Amazon......»»
Daily 5 report for Sept. 24: EV realities set in at Automotive News Congress
It's not all doom and gloom despite EV sales not meeting growth expectations, but clearly the time for happy talk has ended......»»
Rivian launches pre-owned vehicle sales, joining Tesla in growing used EV market
Rivian has launched pre-owned sales of R1T and R1S models. Demand for used electric vehicles is solid because steep depreciation makes them a good value compared with gasoline cars, iSeeCars says......»»
EV sales will improve when automakers address affordability, experts say
The big hindrance constraining electric vehicle sales remains affordability, said Dave Katarski, COO of Feldman Automotive Group, during a panel discussion at the Automotive News Congress......»»
Firms that withdrew from Russia following Ukraine invasion earn higher consumer sentiment, finds study
Following Russia's 2022 invasion of Ukraine, many companies with operations in Russia withdrew from or severely curtailed their Russian operations. For example, Dell and McDonald's ceased all operations in Russia after the invasion......»»
Family-owned businesses hold non-family CEOs more accountable than family CEOs for firm performance
Family-owned businesses account for 59% of the U.S. private workforce, with 35% of Fortune 500 companies being family-owned. Although family-owned firms employ more than half of the U.S. workforce, little is known about their operations due to the se.....»»
American Honda aims to increase CPO leasing mix
The automaker will continue to enhance its leasing programs for used vehicles, a "critical gateway" for young and first-time buyers......»»
Cruise resumes manual driving in California, with eye toward new milestone this fall
Mapping efforts mark the first California operations for GM's self-driving subsidiary since one of the company's cars ran over a pedestrian in October 2023......»»
Offensive cyber operations are more than just attacks
In this Help Net Security interview, Christopher Jones, Chief Technology Officer and Chief Data Officer at Nightwing, talks about some key misconceptions and complexities surrounding offensive cyber operations. Many myths stem from a simplistic view.....»»
Major discount chain is closing a Johnson County location. Sales go until its last day
Major discount chain is closing a Johnson County location. Sales go until its last day.....»»
VW Group trims jobs in China to lower costs, counter sales slump
A consumer slump in China, coupled with the market’s rapid shift toward EVs, has turned the former stronghold for Volkswagen into a weak spot......»»