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......»»
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......»»
Amazon-Hyundai pilot delays causing dealer frustration, NADA CEO says
A panel discussion at the Automotive News Congress Sept. 24 focused, in part, on the Amazon-Hyundai pilot and dealer distribution models......»»
Stellantis begins search for Carlos Tavares successor
Pressure on Tavares is rising because of Stellantis' poor performance in markets including the U.S., its biggest single profit pool......»»
Former Mitsubishi dealer must pay Nissan lending arm $330K debt, Nebraska judge rules
A bankruptcy court judge in Nebraska has refused to dismiss a $331,225 debt a former Mitsubishi dealer and his company owe to floorplan lender Nissan Motor Acceptance Co......»»
Stellantis said to start search for Carlos Tavares successor
Pressure on Tavares is rising because of Stellantis' poor performance in markets including the U.S., its biggest single profit pool......»»
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......»»
GM uses dealer feedback to implement online sales platform
Nearly 1,000 dealers use General Motors' Digital Retail Platform, which is designed to create a consistent shopping experience and reduce some of the cost required to sell vehicles......»»
View Photos of the 2025 Honda Civic Hatchback Hybrid
View Photos of the 2025 Honda Civic Hatchback Hybrid.....»»
Honda robotaxi plans uncertain as GM-backed Cruise grapples with crash aftermath
Honda is still weighing whether it can start its ambitious Tokyo robotaxi service on time as its partner in the project, GM's Cruise, deals with a safety scandal and keeps production paused on its self-driving people mover......»»
Sony-Honda venture shows off Afeela prototype to Amazon employees
The display and demonstrations are yet another way Sony Honda Mobility is hoping to build brand awareness......»»
"Fight is coming": UAW, VW brace for start of bargaining
Profit sharing, COLA, retirement security, affordable health care and the elimination of tiers appear to be the UAW's focus points for bargaining with VW......»»
"Fight is coming:" UAW, VW brace for start of bargaining
Profit sharing, COLA, retirement security, affordable health care and the elimination of tiers appear to be the UAW's focus points for bargaining with VW......»»