LaFontaine, Kayser, Kendall and Coughlin groups acquire dealerships
LaFontaine Automotive Group and Kendall Automotive Group are among buyers in recent dealership acquisitions in the Midwest and West......»»
AI-fueled phishing scams raise alarm ahead of U.S. presidential election
Highlighting growth of phishing and digital scams targeting United States citizens, Bolster released a research that identified 24 separate nation-state threat actor groups attempting to exploit rising political tensions across the US to interfere wi.....»»
GPB Capital founder David Gentile found guilty in Ponzi-like fraud that included dealerships
Gentile’s co-defendant, Jeffry Schneider, who ran Texas-based Ascendant Capital, also was convicted of securities fraud and conspiracy charges by a federal jury in Brooklyn, N.Y., following a trial that lasted more than seven weeks......»»
Group 1 finalizes acquisition of Inchcape; adds 54 U.K. dealerships to its portfolio
Group 1 Automotive Inc. has finalized its acquisition of global automotive group Inchcape, which has 54 U.K. dealerships. The acquisition was announced April 15; Group 1 paid $439 million in cash. It is expected the acquisition will add $2.7 billi.....»»
Dealerships warned about phishing scams tied to global cyber event
Two cybersecurity consulting firms are warning dealerships about scams relating to CrowdStrike's catastrophic software update on July 19......»»
Starling Automotive buys 3 dealerships, adds brands
Starling Automotive Group expanded in a spring acquisition, buying its first non-General Motors dealerships......»»
Asbury: Tekion DMS pilot in Ga. might get pushed to October over CDK dispute
Asbury Automotive Inc.'s dispute with CDK Global over data access might delay the national dealership group's plans to test Tekion at four Georgia dealerships by a month, Asbury told a Georgia court last month......»»
iPhone AI just made me understand what some Android users must feel like
There are two groups of people when it comes to mobile software updates: Those who care about the latest mobile operating system release and those … The post iPhone AI just made me understand what some Android users must feel like appeared firs.....»»
Asbury, CDK locked in legal fight over data control ahead of Tekion pilot
Asbury Automotive has sued CDK Global and sought an injunction compelling the release of four dealerships' data so Asbury could pilot Tekion's DMS software at the locations, accusing CDK of "holding its data hostage." .....»»
Birds of a feather flock together but great white sharks have swum apart "forever"
Great white sharks separated into three distinct population groups up to 200,000 years ago and continue to mix only within these separate groups, new research has found......»»
Curbee launches software platform to streamline dealership mobile service
Curbee has launched a software-service platform designed to help dealerships streamline and enhance their mobile services for technicians and customers, thereby improving customer loyalty, profitability, and the overall service experience......»»
FTC CARS Rule could put auto lenders at risk
The Federal Trade Commission's CARS Rule poised to take effect upon car dealerships might have created risk for auto lenders, too, under the federal Holder Rule, experts say......»»
Dealers should adopt some practices now ahead of CARS Rule decision, experts say
The Federal Trade Commission's CARS Rule is on hold pending a legal challenge in the U.S. 5th Circuit Court of Appeals by the National Automobile Dealers Association and Texas Automobile Dealers Association, but dealerships might still wish to take s.....»»
Scientists publish first experimental evidence for new groups of methane-producing organisms
A team of scientists from Montana State University has provided the first experimental evidence that two new groups of microbes thriving in thermal features in Yellowstone National Park produce methane—a discovery that could one day contribute to t.....»»
If the government is serious about tackling child poverty, it should extend free school meals
The government has created a new ministerial taskforce for its child poverty strategy, led by Work and Pensions secretary Liz Kendall and Education Secretary Bridget Phillipson. It is urgently needed: 4.3 million children in the UK are living in pove.....»»
Another prison term in multimillion dollar ‘Ponzi-like" car export scheme
A top conspirator in a fraud and money-laundering scheme was sentenced to 15 months in prison and ordered to pay $3.5 million in restitution for his role in defrauding franchised dealerships and vehicle brokers......»»
Abortion Rights Groups Rush to Back Kamala Harris
Activists believe that the vice president, who is already the leading voice for reproductive rights in the Biden administration, will champion their cause......»»
Global cyber event affects dealership groups, suppliers
A technology stoppage, which crashed Microsoft Windows computer systems worldwide, stemmed from trouble with a software update from cybersecurity provider CrowdStrike Holdings Inc......»»
International study highlights large and unequal life expectancy declines in India during COVID-19
A new paper published in Science Advances today finds that life expectancy in India was 2.6 years lower in 2020 than 2019, with women and marginalized social groups suffering the greatest declines......»»
Environmental groups ask feds to take over Georgia"s coal ash program
A handful of environmental groups filed a petition July 18 asking the U.S. Environmental Protection Agency (EPA) to claw back oversight of the disposal of Georgia's toxic coal ash from state regulators, citing concerns over groundwater contamination......»»
Study finds facially expressive primates make better leaders
Facially expressive monkeys are more socially successful and lead better connected social groups, according to research by Nottingham Trent University which shows the benefits of facial communication in primates, including humans......»»