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LMP Automotive to sell Stellantis dealership, hires BofA as it seeks "strategic options"; CFO terminated

LMP Automotive Holdings Inc. said it will sell one of its eight franchised dealerships, a Stellantis dealership in New York......»»

Category: topSource:  autonewsJul 19th, 2022

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

UAW to hold strike vote at Stellantis" Warren Stamping Plant

Around 1,100 workers at Stellantis' Warren Stamping Plant will vote May 6 on whether to authorize a strike over unresolved health and safety grievances......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Stellantis revenue falls 12% in Q1; North American shipments slip 20% amid transition to new models

Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Poll: Should Apple offer more colorful iPhone 16 Pro models?

A report earlier this month said that the color-infused back glass used on the non-Pro iPhone 15 models would be extended to the iPhone 16 Pro, and a new Weibo claim implies the same. This would bring new color options to the Pro and Pro Max. Earl.....»»

Category: topSource:  informationweekRelated NewsApr 30th, 2024

New space company seeks to solve orbital mobility with high delta-v spacecraft

"If we’re going to have a true space economy, that means logistics and supply services." Enlarge / What a Supernova spacecraft might look like in orbit. (credit: Portal Space Systems) Over the course of the last seven.....»»

Category: topSource:  arstechnicaRelated NewsApr 30th, 2024

Stellantis revenue falls 12% in Q1 on lower shipments amid transition to new models

Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Stellantis revenue falls 12% in Q1on lower shipments amid transition to new models

Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

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......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Team develops new type of anticoagulant whose action can be rapidly stopped

Anticoagulant treatments are crucial for managing many conditions, such as heart disease, stroke and venous thrombosis. Current options, however, carry an inherent risk of serious bleeding due to trauma or unforeseen events. A team from the Universit.....»»

Category: topSource:  pcmagRelated NewsApr 30th, 2024

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.....»»

Category: securitySource:  netsecurityRelated NewsApr 30th, 2024

How to transfer files between two Macs with a cable

Even with AirDrop's convenience for Mac users, transferring large files or navigating software incompatibilities often requires a more robust solution. Here are some options for using a cable.How to transfer files between two Macs using a cableApple.....»»

Category: appleSource:  appleinsiderRelated NewsApr 30th, 2024

UK outlaws awful default passwords on connected devices

The law aims to prevent global-scale botnet attacks. Enlarge (credit: Getty Images) If you build a gadget that connects to the Internet and sell it in the United Kingdom, you can no longer make the default password "pass.....»»

Category: topSource:  arstechnicaRelated NewsApr 30th, 2024

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......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Scenes from the 2024 Automotive News PACE Awards

The event in Detroit celebrated the best in supplier innovation......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

How to upload a custom coat of arms in Manor Lords

The banner you fly in Manor Lords should represent yourself as closely as possible. If the options provided don't do the trick, here's how to add your own......»»

Category: topSource:  digitaltrendsRelated NewsApr 30th, 2024

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......»»

Category: topSource:  autonewsRelated NewsApr 29th, 2024

Asbury Automotive says 10 dealerships are up for sale

Asbury Automotive Group said it entered Q2 with $243 million in assets for sale — including 10 dealerships — after selling a Jim Koons Lexus site in Delaware to MileOne Autogroup in March......»»

Category: topSource:  autonewsRelated NewsApr 29th, 2024

Dealership not at fault for injuries caused by 80-year-old customer who crashed demo, court rules

A Louisiana dealership has been cleared of liability for a crash caused by an 80-year-old customer test driving a demo car......»»

Category: topSource:  autonewsRelated NewsApr 29th, 2024

Standardized power management could extend EV battery range

The automotive industry is being pushed to establish a standard to manage the power flow to electronic control units that govern different parts of the vehicle depending on the context......»»

Category: topSource:  autonewsRelated NewsApr 29th, 2024

Manager took bribes in exchange for high-demand vehicles, lawsuit alleges

The sales manager of a luxury dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»

Category: topSource:  autonewsRelated NewsApr 29th, 2024