Honda to trim U.S. dealer profit margins
The company is also making some reductions and changes in marketing, advertising and service payments as it adjusts spending for the shift to electric vehicles......»»
Honda recalls nearly 1.7M vehicles in U.S. for steering wheel jam
Honda's Acura Integra, Civic and CR-V are among the affected models. Honda fielded more than 10,000 warranty claims about the defect since 2021......»»
Lower-priced Chevy Silverado EV retail trim to qualify for $7,500 tax credit
The 2025 Silverado EV LT will have a range of up to 408 miles and a 12,500-pound tow rating, surpassing the Ford F-150 Lightning's top specs of 320 miles and 10,000 pounds......»»
Honda goes all-in on new 0 Series EVs to ‘survive" global industry shift
CEO Toshihiro Mibe previews Honda's coming line of 0 Series electric vehicles at an all-day briefing and test drive in Japan, revealing new specifications and manufacturing techniques......»»
Samsung says it’s in “crisis,” apologizes for missing profit target
Performance has not met expectations as company tries closing fab gap with TSMC. Samsung Electronics has issued a public apology and acknowledged the company is considered to be i.....»»
Production starts at Hyundai"s massive EV factory in Georgia
U.S.-assembled versions of the 2025 Hyundai Ioniq 5 compact crossover will arrive at dealer lots this year......»»
This Man Found 1,650 Ways to Turn a Profit While Decarbonizing
Bertrand Piccard says sustainability doesn’t have to come at a cost—and that reframing attempts to hit net zero as a way of generating profit could be key to hitting targets......»»
Cutting emissions the smart way: How an intensity-based approach drives real change
Investors' consideration of a firm's environmental performance, along with concerns about future impacts on profit, have led many firms to start trying to reduce their carbon footprint. But such environmental pressure—if not calibrated correctly—.....»»
Nissan joins forces with Ford, Honda and BMW in EV charging alliance
Nissan is joining ChargeScape, the alliance created by three of its competitors: Ford Motor Co., American Honda Motor Co. and BMW......»»
Chevy dealer recalls customer dinner he threw with Pete Rose
Pete Rose, who died Sept. 30, had dinner with customers of a Chevy dealership near Cincinnati as part of a 2010 campaign......»»
Auto dealer associations activate emergency relief funds in Helene aftermath
Dealership employees affected by Hurricane Helene can apply for assistance on the NADA Foundation's website, NADA said......»»
F&I tip: Create perceived value for auto buyers, Allstate says
Perceived value is one of the key psychological factors influencing the purchase of finance and insurance products, Allstate Dealer Services said in a white paper......»»
Carl Moyer, founder of Karl Chevrolet, dies at age 83
Longtime Iowa Chevrolet dealer Carl Moyer died Sept. 28. He grew his business from a one-car showroom into Karl Auto Group......»»
Responding to dealer feedback, Santander expands small business auto financing
The lender plans to offer automotive financing primarily to small franchises and startups......»»
Stellantis cuts 2024 profit outlook as US sales crisis deepens
Stellantis cuts 2024 profit outlook as US sales crisis deepens.....»»
Report warns of missed opportunities by police in the fight against economic crime in the UK
Despite soaring levels of economic crime, police forces are not fully utilizing the vast resources and expertise available in the private and not-for-profit sectors, warns a new report......»»
Stellantis cuts 2024 forecast on costs for U.S., Chinese competition
The profit margin will be dented by lower-than-expected sales in the second half across most regions, Stellantis said. .....»»
Hackers expose flaw in Kia"s dealer portal that would have put millions of vehicles at risk
A report issued by the group said millions of Kia's connected vehicles were at risk of remote control by bad actors......»»
OpenAI drops nonprofit status in large-scale reorganization
OpenAI is reportedly planning to scrap the nonprofit structure of its core business in favor of a for-profit model that will be more attractive to investors......»»
OpenAI plans tectonic shift from nonprofit to for-profit, giving Altman equity
Under plans that have attracted criticism, shift may give Altman 7% equity in the firm. Enlarge (credit: Benj Edwards / OpenAI) On Wednesday, Reuters reported that OpenAI is working on a plan to restructure its core busi.....»»
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......»»