LMP trims size of N.Y. dealership group acquisition
LMP Automotive will acquire a 70 percent stake in fewer dealerships than an initial agreement called for in October......»»
Archaea can be "picky eaters": Study shows a group of parasitic microbes can change host metabolism
A parasite that not only feeds off its host, but also makes the host change its own metabolism and thus biology: NIOZ microbiologists Su Ding and Joshua Hamm, Nicole Bale, Jaap Damsté and Anja Spang have shown this for the very first time in a speci.....»»
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......»»
Mystery behind huge opening in Antarctic sea ice solved
Researchers have discovered the missing piece of the puzzle behind a rare opening in the sea ice around Antarctica, which was nearly twice the size of Wales and occurred during the winters of 2016 and 2017......»»
Analysis of minority-serving institutions demonstrates layered processes to build students" capacities
The model minority myth paints a picture of Asian Americans as a monolithic group with unparalleled success in academics. A new NYU study unpacks this myth, exploring the needs of Asian American, Native Hawaiian, and Pacific Islander students and how.....»»
Anthropologist"s research sheds light on the growing population of non-religious Moroccans
A growing group of Moroccans is non-religious. The research of anthropologist Lena Richter sheds light on how young, urban atheists in Morocco and Europe use subtle forms of activism to normalize their non-religious identity. Richter will be defendin.....»»
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,.....»»
A "cosmic glitch" in gravity: New model may explain strange behavior on a cosmic scale
A group of researchers at the University of Waterloo and the University of British Columbia have discovered a potential "cosmic glitch" in the universe's gravity, explaining its strange behavior on a cosmic scale......»»
New Japanese lily species identified, first addition to sukashiyuri group in 110 years
A new species of the Japanese lily known as sukashiyuri has been identified for the first time since 1914 by a research team led by Dr. Seita Watanabe, a specially appointed assistant professor at the Botanical Gardens and the Graduate School of Scie.....»»
Ford launches AI-powered dealership training platform
The automaker is rolling out Ford University, a digital platform that utilizes AI to train dealership employees on selling vehicles and improving their relationships with customers......»»
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......»»
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......»»
DEA to reclassify marijuana as a lower-risk drug, reports say
Marijuana to move from Schedule 1, the most dangerous drug group, to Schedule 3. Enlarge / Medical marijuana growing in a facility in Canada. (credit: Getty | Richard Lautens) The US Drug Enforcement Administration is pr.....»»
A rare and little-known group of monkeys could help save Africa"s tropical forests
Conservationists and scientists from almost 20 institutions in the United States, Europe, and Africa, have concluded that immediate conservation efforts to protect red colobus monkey species could have cascading net positive impacts on African tropic.....»»
New tool decodes complex, single-cell genomic data
Unlocking biological information from complex single-cell genomic data has just become easier and more precise, thanks to the innovative scLENS tool developed by the Biomedical Mathematics Group within the IBS Center for Mathematical and Computationa.....»»
Study is first to describe and recreate lemurs" one-of-a-kind vocal structure
New research has discovered that lemurs, the small primates native to Madagascar, are capable of exaggerating their size thanks to the unique structure of their larynx......»»
VW Group"s Q1 profit drops 20% on lower volumes, higher costs
The automaker's Porsche brand reported a 14.8 percent operating margin decline on higher model revamp investments and lower demand for premium cars in China......»»
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......»»
iPhone 18 will probably get TSMC"s newly announced next-generation 1.6 nm chip process
TSMC has announced a breakthrough chip fabrication technology, with reduced node size, increased performance and better power management — all of which should ultimately lead to faster iPhones and Macs.TSMC has just announced an all-new chip produc.....»»
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......»»
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......»»