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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

Cost of new UAW contract could backfire on some at Stellantis

The UAW has been outraged over multiple rounds of layoffs since ratifying a new contract with Stellantis that the workers thought would improve their lives......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

Best projector deals: Replace your TV with a big screen from $80

Elevate your home theater setup by buying from these projector deals, which include affordable options and premium models from brands like Epson and Samsung......»»

Category: topSource:  digitaltrendsRelated NewsMay 10th, 2024

Top 5 stories of the week: Earnings from Rivian, Toyota and Nissan; GM"s fleet strategy

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

Category: topSource:  autonewsRelated NewsMay 10th, 2024

Ford hires former Lucid exec Sherry House as incoming CFO

Ford is promoting CFO John Lawler to vice chair, focusing on strategic development, global partnerships and engagement with global leaders......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

Mazda dealership milestone represents new era for the brand

The Retail Evolution facility program is a critical part in its goal to move upmarket......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

Outdoing the dinosaurs: What we can do if we spot a threatening asteroid

Someday, an NEO will pose a threat to us. Thankfully, we have options. Enlarge / We'd like to avoid this. (credit: Science Photo Library/Andrzej Wojcicki/Getty Images) In 2005, the United States Congress laid out a clear.....»»

Category: topSource:  pcmagRelated NewsMay 10th, 2024

Yale Assure Lock 2 vs. August Wi-Fi Smart Lock: which is the better smart lock?

The Yale Assure Lock 2 and August Wi-Fi Smart Lock are both great options for your front door, but they differ in some key ways. Here's what to know......»»

Category: topSource:  digitaltrendsRelated NewsMay 9th, 2024

New-vehicle inventory little changed at 2.86 million

New-vehicle inventories in the U.S. changed little in April, ending at 2.86 million vehicles, Cox Automotive said — safely under 3 million......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Group 1 Automotive"s Q1 acquisitions cost almost $700 million

The auto retailer also sold the Mike Smith Auto Complex in Beaumont, Texas, to Doggett Automotive Group in the first quarter......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

First Black female Lexus dealer Ellenae Henry-Fairhurst dies

Henry-Fairhurst made her landmark purchase of an Infiniti dealership in 1999......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

GM logistics supplier Proficient Auto raises $215 million in IPO

The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides services to GM, Stellantis, Toyota and other automakers......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

NADA Academy preps future dealership owners, staff for changing times

Through in-person and online classes, the National Automobile Dealers Association trains dealership staff and future owners to face an industry challenged by consolidation, inflation and the perils of new technology......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Used-vehicle wholesale prices down in April, Cox Automotive says

Customers appear to be holding out for more affordable used-vehicle prices and hoping for lower interest rates, Cox Automotive says......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Ford rethinks 2030 goal to go all-electric in Europe

Ford could continue to sell combustion engine cars in Europe after 2030. Originally the automaker planned to sell only battery-electric cars in the region by the end of the decade......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Skyhigh Security boosts data protection measures with AI innovations

Skyhigh Security announced strategic additions to its Security Service Edge (SSE) portfolio. In response to an evolving cyber threat landscape and new data security challenges, these new innovations will empower organizations to seamlessly adopt zero.....»»

Category: securitySource:  netsecurityRelated NewsMay 9th, 2024

Scenes from the Automotive News-Crain Currency event at F1 Miami Grand Prix

The event in Miami brought together industry insiders, private wealth management executives and car collectors......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Fiat 500e messaging with Spike Lee goes beyond sustainability

To help sell Americans on its tiny 500e EV, Fiat is using director Spike Lee and actor Giancarlo Esposito to promote the car's Italian heritage......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Apple profits surge as consumers choose pricier iPhone storage options

Amidst plateauing iPhone sales, Apple's enhanced storage upgrade options have emerged as a significant profit driver.Apple profits surge as consumers choose pricier iPhone storage optionsApple has long leveraged the strategy of encouraging iPhone use.....»»

Category: appleSource:  appleinsiderRelated NewsMay 8th, 2024

The 6 best iPad alternatives in 2024

Looking for an alternative to the Apple iPad? These tablets from Microsoft, Samsung, OnePlus, and more are great options......»»

Category: topSource:  digitaltrendsRelated NewsMay 8th, 2024

Stella Automotive AI raises VC from Reynolds and Reynolds, dealerships

Stella, which makes automotive artificial intelligence technology for dealerships, secured $19.7 million......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024