Memorial Day sales are already kicking off — here"s what you need to know
Memorial Day weekend may not begin until May 24, but when has that ever stopped the sales from starting early? This year is no different — here's everything you need to know about shopping the best Memorial Day sales of 2024. Be.....»»
Apple is still looking for partners to bring Apple Intelligence to China
To bring Apple Intelligence to its second-largest smartphone market, Apple is going to have to sign deals with local providers, but so far has had no luck.Sales of the iPhone in China have fallen due to a lack of AI-driven features.When Apple announc.....»»
What happened to CDK Global and how long will systems be down?
The dealership management system outage is interrupting thousands of new- and used-vehicle sales, service, parts orders and more as the end of the second quarter approaches......»»
CarMax"s Q1 net income falls 33% to $152 million, revenue slips 7.5%
The company said it retailed 211,132 used vehicles in its fiscal first quarter, down 3.1 percent. Same-store used-vehicle retail sales fell 3.8 percent......»»
Citing national security, US will ban Kaspersky anti-virus software in July
US cites Russian government's "capacity to influence Kaspersky's operations." Enlarge (credit: Kaspersky Lab) The Biden administration will ban all sales of Kaspersky antivirus software in the US starting in July, accord.....»»
Ford said to plan further job cuts in Europe amid sales slump
Ford plans more restructuring in key European markets amid slumping sales and the loss of its top executive in the region to VW......»»
Mercedes denied right of first refusal request by Ill. vehicle board
Mercedes-Benz cannot exercise a purported right of first refusal to demand an Illinois dealer apportion the sales price of a three-franchise dealership he's selling, the state Motor Vehicle Review Board ruled......»»
Larry Hinkle, who was world"s largest Jeep dealer, dies at 92
The South Carolina dealer set Jeep sales records during the brand's American Motors days and led customers on annual pilgrimages to the Smoky Mountains......»»
Ex-Volvo Cars Americas chief Anders Gustafsson"s second act: Revive Polestar"s North America business
Gregor Hembrough, who launched Polestar's North America business in the midst of the pandemic, will leaves for a global sales role with the automaker......»»
Hyundai dealer agreement changes could be illegal in many states
A memo from NADA to its members alerts Hyundai dealers that certain amendments to the dealer sales and service agreement may break state franchise laws......»»
Ford ending EV certification program, reopening sales to all dealers
Moving forward, dealers will be asked to invest in training through the virtual Ford University platform and spend a minimal amount of money on two Level 2 chargers......»»
Tesla Model Y was top-selling vehicle worldwide in 2023, based on registrations; China tops U.S. for first time
Combined sales of Chinese manufacturers exceeded those of American manufacturers for the first time in 2023, JATO Dynamics said, citing registration data......»»
Jeep planning sub-$25,000 Renegade EV as it targets 1.5 million global sales
Stellantis CEO Carlos Tavares has said the sweet spot for affordable EVs is around $25,000. Jeep plans to undercut that price with an electric Renegade around 2027......»»
GM trims EV production forecast, invests $850 million in Cruise
CFO Paul Jacobson told investors that GM plans to build fewer EVs because it now expects them to make up a lower percentage of total auto sales than expected this year......»»
Findlay Automotive targeted in cyberattack
Findlay Automotive Group has been hit by a cybersecurity attack that continues to hamper some of its sales and service operations......»»
GM scales back EV production forecast, invests $850 million in Cruise
CFO Paul Jacobson told investors that GM plans to build fewer EVs because it now expects them to make up a lower percentage of total auto sales than expected this year......»»
Tesla won"t launch freshened Model Y this year, says CEO Elon Musk
"No Model Y 'refresh' is coming out this year," Elon Musk wrote on the social media platform X on June 8 in response to a question. Analysts see aging models as a drag on Tesla's sales growth......»»
Election uncertainty weighs on dealers, new Cox poll finds
Uncertainty related to the upcoming 2024 election contributed to car dealership professionals feeling neutral about the second-quarter market and expecting a similar sales environment for the third quarter......»»
Why Bernardi Honda pays employees to stay
Charlie Sectish, general manager of Bernardi Honda near Boston, designed a retention bonus in his compensation plan that helped boost sales and maintain a team of high performers......»»
Tesla may be in trouble, but other EVs are selling just fine
Almost every other automaker is seeing double-digit EV sales growth. Enlarge (credit: Getty Images/3alexd) Have electric vehicles been overhyped? A casual observer might have come to that conclusion after almost a year.....»»
Top 5 stories of the week: Robust May sales; Lithia cuts staff in cost-saving move
A quick look at the top automotive stories of the week as determined by reader interest......»»