Lithia Motors raises bid for Pendragon car dealerships
Two weeks after Lithia Motors Inc. revealed its plans for Pendragon in the U.K., the auto retailer has updated its offer to pay significantly more cash for the business......»»
General Motors partners with Chicago-based company in a project that could "change the world" — here"s how
General Motors partners with Chicago-based company in a project that could "change the world" — here"s how.....»»
Picus Security raises $45 million to help organizations reduce cyber risk
Picus Security announced it has closed a $45 million growth investment round led by Riverwood Capital with the participation of existing investor Earlybird Digital East Fund, bringing Picus’ total funds raised to $80 million. Picus has over 500 ent.....»»
Edera raises $5 million to improve Kubernetes security
Edera announced it has raised $5 million in a seed round led by 645 Ventures and Eniac Ventures with participation from FPV Ventures, Generationship, Precursor Ventures and Rosecliff Ventures. Angel investors include Joe Beda, Filippo Valsorda, Mandy.....»»
Half-point Fed rate cut could spur consumer demand at auto dealerships
Car dealerships might see higher demand from consumers following the Federal Reserve's decision Sept. 18 to cut its benchmark rate target 0.5 points, according to Edmunds......»»
Hydden raises $4.4 million to improve identity security
Hydden announced that it has closed $4.4 million in seed funding led by Access Venture Partners. Other investors include Lockstep, the venture fund of CISOs Rinki Sethi and Lucas Moody, Service Provider Capital, and several cybersecurity angel invest.....»»
Intezer raises $33 million to further develop its AI-based security operations solution
Intezer announced that it has raised $33 million in Series C funding, bringing its total capital raised to $60 million. The funding round was led by Norwest Venture Partners, with participation from all existing investors, including Intel Capital, Op.....»»
Almost 500GB of data allegedly leaked in RansomHub attack on Kawasaki
RansomHub has claimed responsibility for an attack on Kawasaki motors.....»»
Column: Output begins at latest EV startup, Bollinger Motors; first B4 trucks built Sept. 16
Bollinger Motors' pivot — and the launch of its first commercial Class 4 electric trucks for fleet customers — is nearly as remarkable as the Bollinger B4's tight 44-foot turning radius......»»
Toyota marks Highlander"s 25th anniversary with limited edition
The 2025 Toyota Highlander 25th Edition will debut at dealerships in November and is limited to 2,500 vehicles......»»
Column: Output begins at latest EV startup, Bollinger Motors; first B4 trucks built Monday
Bollinger Motors' pivot — and the launch of its first commercial Class 4 electric trucks for fleet customers — is nearly as remarkable as the Bollinger B4's tight 44-foot turning radius......»»
Toyota dealerships get fired up about flag football
About 40 percent of Toyota's U.S. retailers have gotten involved with flag football as part of the automaker's new NFL sponsorship......»»
Daily 5 report for Sept. 13: The GM-Hyundai collaboration benefits could include cutting costs among others
We close the week with reaction to the announcement that General Motors and Hyundai Motor Co. are exploring cooperating across a range of technologies and vehicles. Though the two automakers offered few details and no time frames for any tie-ups, the.....»»
Del Grande dealerships get ahead of California turf crackdown with low-water landscaping
When California announced a coming ban on watering ornamental turf, Del Grande Dealer Group made a plan to save water, save money and upgrade its Silicon Valley landscaping with native plants.....»»
EVgo and GM reveal their new fast charger experience
The layout and canopy are similar to a gas station. Enlarge / Are you getting gas station vibes? Because I'm getting gas station vibes. (credit: GM) Several years ago, General Motors and EVgo teamed up to build out a net.....»»
GM, Hyundai to explore collaboration across range of tech, products
General Motors and Hyundai Motor Co. will explore cooperation in everything from passenger and commercial vehicles to electric cars and raw materials under a sweeping agreement that aims to improve efficiencies, slash costs and reach bigger economies.....»»
P0 Security raises $15 million to govern and secure cloud access for all identities
P0 Security announced the closing of its $15 million Series A round, bringing its total raised since inception to $20 million. The investment was led by SYN Ventures with participation from Zscaler, the leader in cloud security, and existing investor.....»»
Jeep seeks ‘perfect quality" on EV launch in quest to reverse sales slide
The brand originally vowed it would launch the Wagoneer S this fall, but CEO Antonio Filosa said he needs to ensure the EV is high quality before sending it to dealerships......»»
Lithia Motors enters north Florida, buys 3 dealerships
Lithia expects the stores to add more than $200 million in annual revenue......»»
GM to up BrightDrop output, add 2nd shift at Ontario plant, Unifor says
General Motors Canada has committed to increasing production at CAMI Assembly starting in the first quarter of 2025, according to Unifor Local 88 as the union and automaker began contract talks Sept. 9. .....»»
Now an established luxury brand, Genesis is refining strategy to win loyal customers
Hyundai's premium brand expects more growth on strong product, new dedicated dealerships and a focus on loyalty......»»