IKKA-KY acquisition of Sol-Plus to spur automotive revenue growth
Car component manufacturer IKKA-KY expects its acquisition of Japan-based Sol-Plus earlier this year will help with automotive revenue growth in 2023, according to company chairman Shiang-Chi Hu......»»
N.Y. Chevrolet dealership introduces delivery coordinator position to foster employee growth
A coordinator will do anything, from ensuring a customer knows how to use their new vehicle's technology to helping answer insurance and other general questions......»»
Cybercriminals are getting faster at exploiting vulnerabilities
Cybercriminals are targeting the ever-increasing number of new vulnerabilities resulting from the exponential growth in the number and variety of connected devices and an explosion in new applications and online services, according to Fortinet. It’.....»»
Top 5 stories of the week: Earnings from Rivian, Toyota and Nissan; GM"s fleet strategy
A quick look at the top automotive stories of the week as determined by reader interest......»»
CarGurus reports net income jump, more digital wholesale losses
The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing......»»
Growth mindset teaching helps students make the grade
It's been more than 30 years since psychologist Carol Dweck introduced "growth mindset"—the psychological and motivational effects of believing that a person's ability in any domain is not fixed but can develop through effort and coaching. The conc.....»»
New-vehicle inventory little changed at 2.86 million
New-vehicle inventories in the U.S. changed little in April, ending at 2.86 million vehicles, Cox Automotive said — safely under 3 million......»»
ACV reports Q1 net loss of $20M; revenue up 22%
ACV also said the number of used vehicles transacted by dealers and commercial auto companies on its wholesale marketplace platform grew 15 percent year over year......»»
Group 1 Automotive"s Q1 acquisitions cost almost $700 million
The auto retailer also sold the Mike Smith Auto Complex in Beaumont, Texas, to Doggett Automotive Group in the first quarter......»»
Used-vehicle wholesale prices down in April, Cox Automotive says
Customers appear to be holding out for more affordable used-vehicle prices and hoping for lower interest rates, Cox Automotive says......»»
New rhizobia-diatom symbiosis solves long-standing marine mystery
Nitrogen is an essential component of all living organisms. It is also the key element controlling the growth of crops on land, as well as the microscopic oceanic plants that produce half the oxygen on our planet. Atmospheric nitrogen gas is by far t.....»»
Nissan has a new plan to spur sales — and it wants retailers to fund it
With a nearly triple-digit days' supply, Nissan is allowing dealers to advertise 2024 model year vehicles below invoice......»»
Accounting change drives down Cars Commerce Q1 net income
Cars Commerce's 2023 acquisition of D2C Media helped promote revenue gains, and price increases helped boost average revenue per dealer......»»
Scenes from the Automotive News-Crain Currency event at F1 Miami Grand Prix
The event in Miami brought together industry insiders, private wealth management executives and car collectors......»»
Canada"s Steve Marshall Group enters U.S. via Hawaii, buys Ford dealerships
The second-quarter acquisition marks the British Columbia group's first dealerships in the U.S......»»
GM takes new approach, new name with fleet business
GM is seeing significant growth in sales of vehicles and accompanying services by creating a new one-stop fleet unit aimed at helping business customers operate more efficiently......»»
Stella Automotive AI raises VC from Reynolds and Reynolds, dealerships
Stella, which makes automotive artificial intelligence technology for dealerships, secured $19.7 million......»»
Study pinpoints cellular response to pressure in sea star embryos
An international team of scientists has discovered a new cellular mechanism that explains how cells can adapt to pressure changes during tissue growth by packing themselves into a unique shape......»»
CEO Koji Sato reloads for long-term growth after leading Toyota to record profit, sales, production
Toyota reports across-the-board record results in its just-ended fiscal-year, but it warns earnings will retreat in the current year......»»
The Power of Data: Why Database Development Services are Crucial
In today’s data-driven world, information is king. Businesses of all sizes and across all industries rely on data to make informed decisions, drive growth, and gain a competitive edge. However, managing and organizing this ever-increasing amoun.....»»
The 10 Most Impactful Trends in the Salmon Processing Industry
The salmon processing industry is a critical sector within the global seafood market, known for its rapid growth and innovation. The market has expanded due to increased consumer demand for salmon, valued for its nutritional benefits and culinary ver.....»»