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......»»
Penske Automotive looks to sell some CarShop stores in UK, rebrand others
Penske Automotive Group is considering closing one CarShop store in the U.K......»»
Family Car Group to buy Moffitt Automotive
Family Car Group is set to buy Moffitt Automotive, which has Audi, Porsche, Mazda and Volkswagen dealerships in Louisiana......»»
Google wants to Streamline App Development for Android Auto
Google has announced a ton of new updates for Android across different categories, including automotive. The post Google wants to Streamline App Development for Android Auto appeared first on Phandroid. While day one of Google I/O was focu.....»»
VMware Fusion, Workstation now free for home use, subscription-only for businesses
Free for personal use, but businesses will have to fork over $120 per year. Enlarge (credit: VMware) Broadcom's acquisition of VMware last year has led to widespread upheaval at the company, including layoffs, big change.....»»
Carvana CEO: ADESA real estate plays key part in our growth plan
Carvana slowed its sales growth in 2022 and 2023 to address profitability, but it's now in a transition period where it is focusing on both, CEO Ernie Garcia said......»»
Researchers uncover what makes some chickens more water-efficient than others
In the first scientific report of its kind, researchers in Arkansas have shown that chickens bred for water conservation continued to put on weight despite heat stress that would normally slow growth......»»
Input from young and aspiring technicians wanted for survey
TechForce Foundation is soliciting feedback from new technicians and high school and post-secondary students enrolled in automotive training programs for its inaugural Techs Talk survey......»»
Volvo"s Q1 EV sales plunge: A momentary blip or a sign its 2030 plan is in jeopardy?
Volvo EV sales in the U.S. plummeted 65 percent in the first quarter. According to Cox Automotive estimates, it was the largest year-over-year percentage decline in the luxury segment......»»
Honda OK to reject store acquisition by poor-performing dealership, court rules
For the third time, a Honda dealership with one of the lowest retail sales effectiveness scores in Ohio has lost a bid to require American Honda Motor Co. to approve its acquisition of another store......»»
Sonic Automotive aims to add 300 service technicians by year end
The groupso far this year has added about 40 technicians......»»
AI’s rapid growth puts pressure on CISOs to adapt to new security risks
The increased use of AI further complicates CISO role as industries begin to realize the full potential of GenAI and its impact on cybersecurity, according to Trellix. GenAI’s impact on CISO responsibility GenAI has rolled out at an immense spe.....»»
Linamar"s Q1 earnings an "excellent" start, but CEO warns of delays to EV programs
Canadian auto supplier Linamar recorded double-digit growth on both its top and bottom lines in the first quarter of 2024 as volumes bounced back from a slow comparable period a year earlier......»»
What will high vehicle prices and interest rates mean for the auto finance market in 2024?
Automotive News asked five auto finance experts to share their thoughts on these challenges and what affordability constraints might mean for the months ahead......»»
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......»»