Metro Toyota in Cleveland suburbs acquired by Victory Auto Group
Victory Auto is privately held and led by founder Jeffrey Cappo. It represents 14 auto brands, according to its website......»»
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.....»»
Lear"s Q1 net income falls as auto supplier goes full bore into automation
Lear Corp. reached a revenue record in the first quarter but saw net income drop 24% as it navigates operational and restructuring challenges related to lower volumes......»»
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.....»»
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......»»
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......»»
Why Tesla"s Full Self-Driving rollout in China matters
Enabling FSD in China would provide a buffer to Tesla's declining EV sales and allow the automaker to better compete with local rivals in the world's largest auto market where driver assistance and other connected car features are prized......»»
Orion"s erupting star system reveals its secrets
An unusual group of stars in the Orion constellation have revealed their secrets. FU Orionis, a double star system, first caught astronomers' attention in 1936 when the central star suddenly became 1,000 times brighter than usual. This behavior, expe.....»»
5 stars of the 2024 Beijing auto show
Nearly every domestic and international brand attended the showcase event of the Chinese auto industry. Here are the hits (and a few misses) from the show, which featured more than 100 premieres......»»
Elon Musk lands in China as Tesla seeks self-driving tech rollout; GM"s Mary Barra visited Beijing Friday
Tesla's CEO has said Tesla may make Full Self-Driving technology available to customers in China "very soon." GM CEO Mary Barra was seen at the Beijing auto show on Friday, reports say......»»
UAW reached tentative pact with Daimler Truck, averting strikes
The United Auto Workers said it reached a tentative agreement with Daimler Truck Holding AG ahead of a contract expiring midnight on April 26 and following a strike threat......»»
Huawei"s smart car tech offers Audi, other automakers route to China sales
Huawei's rapid emergence as a key auto supplier highlights the telecommunications equipment maker's drive for sources of growth after U.S. export controls pursued on national security grounds since 2019 hammered its businesses, especially smartphones.....»»
Cicada-palooza! Billions of bugs to blanket America
They're loud. They're sexually aroused. And for one special, cacophonous month up to a trillion of them will engulf suburbs and woodlands across America......»»
Is Sea of Thieves cross-platform?
Sea of Thieves is all about getting a group of friends together to take to the high seas. But is Sea of Thieves cross-platform? Here's what you need to know......»»
Did Vesuvius bury the home of the first Roman emperor?
A group of archaeologists, led by researchers from the University of Tokyo, announce the discovery of a part of a Roman villa built before the middle of the first century. This villa, near the town of Nola in southwestern Italy's Campania region, was.....»»
AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue......»»
What do we lose when our old suburbs disappear?
I live on the edge of Parramatta, Australia's fastest-growing city, on the kind of old-fashioned suburban street that has 1950s fibros constructed in the post-war housing boom, double-story brick homes with Greek columns that aspirational migrants bu.....»»