Morrie"s acquires 6 Wis. dealerships
Morrie's Auto Group acquired the dealerships from Brenengen Auto Group. The deal brings Morrie's footprint to 20 rooftops in Minnesota and Wisconsin......»»
Car thieves target Michigan dealerships; police say it"s an organized theft ring
Dealers are being advised by Michigan State Police to keep their keys in a safe and increase security measures to mitigate the impact......»»
Dealership insurance claims follow CDK cyberattack recovery
Some dealerships have already notified their insurance carrier about the June 19 CDK Global cyberattacks. Others are in wait-and-see mode......»»
CDK cyberattack and Hurricane Beryl: Texas dealerships weather a double blow
Keating Automotive Group in Texas faced the double disruptions of CDK cyberattacks and Hurricane Beryl. Said owner Bean Keating: "What other choice do you have other than to roll with the punches?".....»»
Beryl knocks out power to some Houston area car dealerships, prompts CarMax store closures
One dealer said his dealership group was mostly prepared for Beryl, but high winds and severe weather affected some of its Houston stores July 8......»»
NFL coach Antonio Pierce owes $28M after dealerships" collapse
The wife of Las Vegas Raiders coach Antonio Pierce filed for bankruptcy after Nissan and Hyundai tried to garnish his wages over loan defaults at dealerships he co-owned......»»
More customers, including dealership employee, sue CDK
Ten customers from various states who bought vehicles from CDK Global car dealerships joined together to sue the software provider June 27 following its June 19 cyberattacks......»»
Dealers will catch a break if CDK cyberattacks trigger reporting
The FTC will allow CDK to report for dealerships if it finds that the June 19 cyberratacks led to the theft of personal information for at least 500 customers......»»
New imager acquires amplitude and phase information without digital processing
Researchers at the University of California, Los Angeles (UCLA) have achieved a significant milestone in optical imaging technology. A new all-optical complex field imager has been developed, capable of capturing both amplitude and phase information.....»»
Kia lawsuit says dealer defrauded automaker out of more than $500,000
Kia America has accused a New England dealer, his six present and former franchised dealerships and its COO of racketeering, fraud and related wrongdoing for a scheme that allegedly bilked the automaker out of hundreds of thousands of dollars......»»
Kia lawsuit says dealer defrauded them out of more than $500,000
Kia America has accused a New England dealer, his six present and former franchised dealerships and its COO of racketeering, fraud and related wrongdoing for a scheme that allegedly bilked the automaker out of hundreds of thousands of dollars......»»
Nissan"s Jeremie Papin to retailers: Throughput is on the way
Nissan Americas Chairperson Jeremie Papin says redesigned sheet metal, product-focused advertising and a supply better aligned with demand will drive foot traffic and profits to dealerships......»»
Jeep to build Wagoneer S EV in Mexico
Jeep's first full EV in the U.S. and Canada will be built at the Toluca Assembly Plant alongside the Compass. It's expected to reach dealerships in the U.S. and Canada this fall......»»
Mitsubishi backs up product offensive with U.S. retail expansion
Mitsubishi's 330 dealerships cover a third of the U.S. sales market. The automaker aims to bump that up to more than 50 percent by the decade's end......»»
Dealership lawsuit accuses Mitsubishi of ‘making false promises"
A terminated Kansas City, Kan., dealership has accused Mitsubishi Motors of North America of "mistreating its dealers by making false promises" in a bid to drive it and other dealerships out of business or move their points......»»
Dave Cantin Group uses AI to value dealerships
New York brokerage firm Dave Cantin Group started developing its AI-based Jump IQ software in 2022 and began testing it six months ago......»»
ZT Corporate buys 4 Greenway Automotive stores
ZT Automotive is owned by ZT Corporate, a wealth management firm that acquires and operates dealerships......»»
Family Car Group to buy Moffitt Automotive
Family Car Group is set to buy Moffitt Automotive, which has Audi, Porsche, Mazda and Volkswagen dealerships in Louisiana......»»
Ex-Alabama coach Nick Saban dragged into UAW"s fight to unionize Mercedes plant
Saban, a co-owner in seven Mercedes-Benz dealerships, said his comments about college football unionization were used out of context in a pro-UAW ad......»»
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......»»
Canada"s Steve Marshall Group enters U.S. via Hawaii, buys Ford dealerships
The second-quarter acquisition marks the British Columbia group's first dealerships in the U.S......»»