LaFontaine Automotive acquires 1st Mercedes-Benz dealership in Orin B. Hayes group acquisition
LaFontaine Automotive added its first Mercedes-Benz dealership to its portfolio in an acquisition on the west side of Michigan......»»
4 suppliers honored for innovative tech partnerships with GM
UVeye, Aspen Aerogels, Carbon Revolution and Gentherm received Innovation Partnership Awards during the annual Automotive News PACE Awards program this week. All four companies were recognized for their work with GM......»»
Analysis of minority-serving institutions demonstrates layered processes to build students" capacities
The model minority myth paints a picture of Asian Americans as a monolithic group with unparalleled success in academics. A new NYU study unpacks this myth, exploring the needs of Asian American, Native Hawaiian, and Pacific Islander students and how.....»»
Anthropologist"s research sheds light on the growing population of non-religious Moroccans
A growing group of Moroccans is non-religious. The research of anthropologist Lena Richter sheds light on how young, urban atheists in Morocco and Europe use subtle forms of activism to normalize their non-religious identity. Richter will be defendin.....»»
Goldman in talks with Barclays on GM Credit Card deal, WSJ Says
Goldman Sachs Group Inc. is in discussions to transfer its General Motors Co. credit-card business to Barclays Plc. The British lender is the lead candidate to take over the credit card portfolio with about $2 billion in outstanding balances,.....»»
A "cosmic glitch" in gravity: New model may explain strange behavior on a cosmic scale
A group of researchers at the University of Waterloo and the University of British Columbia have discovered a potential "cosmic glitch" in the universe's gravity, explaining its strange behavior on a cosmic scale......»»
New Japanese lily species identified, first addition to sukashiyuri group in 110 years
A new species of the Japanese lily known as sukashiyuri has been identified for the first time since 1914 by a research team led by Dr. Seita Watanabe, a specially appointed assistant professor at the Botanical Gardens and the Graduate School of Scie.....»»
Ford launches AI-powered dealership training platform
The automaker is rolling out Ford University, a digital platform that utilizes AI to train dealership employees on selling vehicles and improving their relationships with customers......»»
6 public auto dealership groups challenged by inflation, lower profit per vehicle
Asbury, AutoNation, Group 1, Lithia, Penske and Sonic continue turning to acquisitions or growing service and parts operations for new revenue sources......»»
Continental Auto Group founder Bryan Hardeman arrested on more arson charges
Bryan Hardeman, founder of Continental Automotive Group, was arrested for the second time in two months in connection with multiple suspected arson fires in Austin, Texas......»»
Mercedes-Benz Alabama factory changes CEO weeks before UAW vote
Federico Kochlowski, vice president of operations, will take over as CEO of the Mercedes U.S. assembly plant effective Wednesday......»»
DEA to reclassify marijuana as a lower-risk drug, reports say
Marijuana to move from Schedule 1, the most dangerous drug group, to Schedule 3. Enlarge / Medical marijuana growing in a facility in Canada. (credit: Getty | Richard Lautens) The US Drug Enforcement Administration is pr.....»»
A rare and little-known group of monkeys could help save Africa"s tropical forests
Conservationists and scientists from almost 20 institutions in the United States, Europe, and Africa, have concluded that immediate conservation efforts to protect red colobus monkey species could have cascading net positive impacts on African tropic.....»»
New tool decodes complex, single-cell genomic data
Unlocking biological information from complex single-cell genomic data has just become easier and more precise, thanks to the innovative scLENS tool developed by the Biomedical Mathematics Group within the IBS Center for Mathematical and Computationa.....»»
VW Group"s Q1 profit drops 20% on lower volumes, higher costs
The automaker's Porsche brand reported a 14.8 percent operating margin decline on higher model revamp investments and lower demand for premium cars in China......»»
Mercedes to stay firm on pricing following Q1 profit drop
Mercedes said model transitions in the top-end segment and supply chain-related costs caused its return on sales to fall to 9.6 percent from 14.9 percent a year earlier, with vehicle sales down 8 percent at 462,978......»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»
Why the automotive sector is a target for email-based cyber attacks
While every organization across every vertical is at risk of advanced email attacks, certain industries periodically become the go-to target for threat actors. In this Help Net Security video, Mick Leach, Field CISO at Abnormal Security, discusses wh.....»»
PACE Awards go to innovations from Dana, Valeo, Yazaki and 10 others
2024 Automotive News PACE Award winners ranged from an advancement in lidar technology to a potentially better way to paint cars in the factory......»»
Scenes from the 2024 Automotive News PACE Awards
The event in Detroit celebrated the best in supplier innovation......»»
Porsche dealership sales manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a Porsche dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»