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Lithia unloads Toyota, Ford and Bentley-Lotus dealerships

Lithia Motors, fresh off two June acquisitions, sold three U.S. dealerships this month, including one it had just purchased......»»

Category: topSource:  autonewsJun 30th, 2023

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......»»

Category: topSource:  autonewsRelated NewsJul 30th, 2024

Mike Brennan is new Gulf States Toyota COO

Brennan spent more than a decade distributing Toyota vehicles throughout states in the southeast......»»

Category: topSource:  autonewsRelated NewsJul 30th, 2024

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." .....»»

Category: topSource:  autonewsRelated NewsJul 30th, 2024

From scandals to slowdown, Toyota"s top 5 challenges in key earnings report

Toyota, after record financial results in the previous fiscal year, faces strong headwinds as it readies this week's key first-quarter earnings report. From safety scandals and production suspensions to wobbly China sales, here are the top 5 issues t.....»»

Category: topSource:  autonewsRelated NewsJul 30th, 2024

Toyota, Mazda, Subaru enter a brave new world of EVs

Toyota, Subaru and Mazda are leaning into their cooperative agreements, and it's beginning to show in their lineups......»»

Category: topSource:  autonewsRelated NewsJul 29th, 2024

Japanese partners enter a brave new world of EVs

Toyota, Subaru and Mazda are leaning into their cooperative agreements, and it's beginning to show in their lineups......»»

Category: topSource:  autonewsRelated NewsJul 29th, 2024

Top 5 stories of the week: Toyota engine recall; Stellantis CEO calls out U.S. plants

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsJul 26th, 2024

Detroit 3 financials ‘disappointing" as challenges mount

Second-quarter results for GM, Ford and Stellantis reflect a bumpy road as they juggle costly EV plans while managing profits on gasoline and hybrid models in an uncertain market environment......»»

Category: topSource:  autonewsRelated NewsJul 26th, 2024

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......»»

Category: topSource:  autonewsRelated NewsJul 26th, 2024

Hydrogen Toyotas at Olympics irk scientists

A group of 120 scientists, engineers and academics said Toyota should have supplied battery-electric vehicles to the Paris Olympics instead of cars powered by hydrogen......»»

Category: topSource:  autonewsRelated NewsJul 26th, 2024

Toyota to replace 100,000-plus engines in recalled Tundra, Lexus LX

The Japanese automaker will notify customers this month of the fix, which involves uncleaned debris from potentially damaging the engine......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

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......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

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.....»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

Ford Q2 earnings: Net income falls 4.5%, but revenue rises on strong commercial vehicle sales

Ford attributed a 6.5 percent revenue increase to strong results from its Ford Pro commercial vehicle unit, which earned $2.6 billion and achieved a 15.1 percent margin......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

Toyota weighs 4-day workweek in sweeping overhaul of office life

The possible change in Japan is part of a sweeping rethink of office life meant to streamline workloads for a modern, more agile era of global competition and innovation......»»

Category: topSource:  autonewsRelated NewsJul 24th, 2024

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......»»

Category: topSource:  autonewsRelated NewsJul 24th, 2024

Top 5 stories of the week: Penske buys largest Ford dealership; the economics of EV ownership

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsJul 19th, 2024

Toyota RAV4 redesign goal: Don"t mess with success

The Toyota RAV4 is the brand's bestselling nameplate, on pace for a record year, which makes a planned redesign onto an updated platform challenging, so as not to "mess up that formula.".....»»

Category: topSource:  autonewsRelated NewsJul 19th, 2024

5 cool things about the 2025 Ford Explorer

From WebEx meeting compatibility to added standard features, Ford wants to help buyers of the 2025 Explorer crossover be more productive and comfortable......»»

Category: topSource:  autonewsRelated NewsJul 18th, 2024

Ford to build Super Duty pickups at Canada plant instead of EVs

Ford said it will spend $2.3 billion to install assembly and integrated stamping operations at Oakville Assembly, which will add about 400 more jobs than EV production would have. .....»»

Category: topSource:  autonewsRelated NewsJul 18th, 2024