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Lender Westlake is using AI to make more auto loans

Westlake Financial is working with Pagaya Technologies Ltd. to make auto loans using artificial intelligence, targeting a void left by some lenders that have been pulling back from the business......»»

Category: topSource:  autonewsSep 8th, 2023

7 surprising takeaways from the Beijing auto show

The Chinese market is rapidly evolving, but it's not clear what it will end up looking like......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Minority dealer Julie Herrera expands IDEA Auto Group

City Limits Nissan is the first dealership Julie Herrera bought without the backing of her investor partner Cavender Auto Family of San Antonio......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

GTA 6 Release Date & Features: 9 Things to Know

Here’s what you need to know right now about Grand Theft Auto 6, based on traditions, rumors, confirmed information, and what we expect from Rockstar. The next Grand Theft Auto game is titled Grand Theft Auto VI or GTA 6/GTA VI for short. It’.....»»

Category: mobileSource:  gottabemobileRelated NewsMay 2nd, 2024

Detroit auto show producer names successor to Rod Alberts

Sam Klemet, CEO of the Michigan Association of Broadcasters, was named co-executive director......»»

Category: topSource:  autonewsRelated NewsMay 2nd, 2024

Detroit auto show producer names successor to DADA Executive Director Rod Alberts

Sam Klemet, CEO of the Michigan Association of Broadcasters, was named co-executive director......»»

Category: topSource:  autonewsRelated NewsMay 2nd, 2024

Feds" new emergency braking rule to test auto industry

A federal rule finalized Monday that requires automatic emergency braking systems in all passenger vehicles and light trucks by 2029 could improve vehicle safety but test the technology's speed and night vision capabilities......»»

Category: topSource:  autonewsRelated NewsMay 2nd, 2024

Repair shop owner aims to start social impact movement in auto industry

In 2020, Dan Adam created a nonprofit group called Stranded Motorist Fund, which helps customers who can't afford expensive vehicle repairs......»»

Category: topSource:  autonewsRelated NewsMay 2nd, 2024

Lithia trims U.K. car dealership network after Pendragon deal

Lithia Motors is paring its U.K. auto retail footprint with cuts to the Pendragon network after entering and expanding throughout the country in the past 13 months. It's dropping 16 used-car CarStore locations and rebranding 11 others......»»

Category: topSource:  autonewsRelated NewsMay 1st, 2024

AM radio law opposed by tech and auto industries is close to passing

A recent test of the emergency alert system found only 1 percent got it via AM. Enlarge / Congress provides government support for other industries, so why not AM radio? (credit: Getty Images) A controversial bill that.....»»

Category: topSource:  arstechnicaRelated NewsMay 1st, 2024

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,.....»»

Category: topSource:  autonewsRelated NewsMay 1st, 2024

GM"s CarPlay replacement doesn"t work well, and has a long road ahead of it

GM's decision to move away from CarPlay was to avoid Apple having too much control over vehicles. It's going to be a bumpy ride for consumers.GM's Ultifi interfaceIn March 2023, GM decided to stop providing CarPlay and Android Auto to consumers, in f.....»»

Category: appleSource:  appleinsiderRelated NewsMay 1st, 2024

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......»»

Category: topSource:  autonewsRelated NewsMay 1st, 2024

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......»»

Category: topSource:  autonewsRelated NewsMay 1st, 2024

Lear"s Q1 net income falls as auto supplier goes full bore into automation

Lear Corp. reached a revenue record in the first quarter but saw net income drop 24% as it navigates operational and restructuring challenges related to lower volumes......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Why Tesla"s Full Self-Driving rollout in China matters

Enabling FSD in China would provide a buffer to Tesla's declining EV sales and allow the automaker to better compete with local rivals in the world's largest auto market where driver assistance and other connected car features are prized......»»

Category: topSource:  autonewsRelated NewsApr 29th, 2024

5 stars of the 2024 Beijing auto show

Nearly every domestic and international brand attended the showcase event of the Chinese auto industry. Here are the hits (and a few misses) from the show, which featured more than 100 premieres......»»

Category: topSource:  autonewsRelated NewsApr 29th, 2024

Elon Musk lands in China as Tesla seeks self-driving tech rollout; GM"s Mary Barra visited Beijing Friday

Tesla's CEO has said Tesla may make Full Self-Driving technology available to customers in China "very soon." GM CEO Mary Barra was seen at the Beijing auto show on Friday, reports say......»»

Category: topSource:  autonewsRelated NewsApr 28th, 2024

UAW reached tentative pact with Daimler Truck, averting strikes

The United Auto Workers said it reached a tentative agreement with Daimler Truck Holding AG ahead of a contract expiring midnight on April 26 and following a strike threat......»»

Category: topSource:  autonewsRelated NewsApr 27th, 2024

Huawei"s smart car tech offers Audi, other automakers route to China sales

Huawei's rapid emergence as a key auto supplier highlights the telecommunications equipment maker's drive for sources of growth after U.S. export controls pursued on national security grounds since 2019 hammered its businesses, especially smartphones.....»»

Category: topSource:  autonewsRelated NewsApr 27th, 2024

New GM North America chief Marissa West has deep ties to automaker

While growing up, General Motors' first female North American president would collect brochures at the Detroit auto show and pretend to run her own dealership......»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024