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......»»
Stella Automotive AI raises VC from Reynolds and Reynolds, dealerships
Stella, which makes automotive artificial intelligence technology for dealerships, secured $19.7 million......»»
Top 5 stories of the week: Asbury looks to sell dealerships; UAW threatens Stellantis stamping plant
A quick look at the top automotive stories of the week as determined by reader interest......»»
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......»»
CarNow eyes expansion, possible acquisitions after debt financing
CarNow, maker of digital retailing platforms for dealerships, plans to use $40 million in new debt financing to accelerate product development and pursue further market expansion......»»
Fred Beans buys 4 Rosenthal Automotive dealerships
Rosenthal Automotive Organization divested four Philadelphia area dealerships it bought in June 2022 from Sussman Automotive Group......»»
IBM acquires HashiCorp in multi-billion dollar deal to boost cloud reach
HashiCorp agrees to $6.4 billion takeover deal by IBM as the companies look to take on more of the market......»»
Ram adds to off-road lineup with RHO
The 540-hp pickup, scheduled to reach dealerships in the third quarter, adds to the brand's long lineage of speedy trucks......»»
VinFast adds 12 U.S. dealerships, including 5 in Florida and 4 in Texas
The Vietnamese automaker says it now has 18 stores across seven states. The new locations will start selling the VF 8 crossover and later receive the bigger VF 9 and smaller VF 7 models......»»
Veeam acquires Coveware to boost its ransomware protection capabilities
Veeam Software announced the acquisition of Coveware, a provider in cyber-extortion incident response. It brings ransomware recovery and first responder capabilities to further strengthen Veeam’s radical resilience solutions for customers. Coveware.....»»
Report: Apple acquires French startup behind AI and computer vision technology
Apple has reportedly acquired Datakalab, a Paris, France-based startup specializing in artificial intelligence compression and computer vision technology. According to French business magazine Challenges, the acquisition was finalized in December......»»
Whistleblower reveals 2023 CareGard cyberattack, says F&I company concealed it from partners
AFG Cos. was unprepared for a ransomware attack last summer, for months had been unsure of the extent of the breach, and as of early this month hadn't alerted automaker partners or the agents selling its coverage to dealerships, a whistleblower alleg.....»»
Former AFG exec reveals 2023 CareGard data breach, criticizes company"s response
AFG Cos. was unprepared for a ransomware attack last summer, for months had been unsure of the extent of the breach, and as of early this month hadn't alerted automaker partners or the agents selling its coverage to dealerships, a whistleblower alleg.....»»
Armis acquires Silk Security for $150 million
Armis has acquired Silk Security for a total of $15 million and will integrate the Silk Platform into the Armis Centrix AI-based Vulnerability Prioritization and Remediation solution to supercharge its capabilities and now be able to provide security.....»»
Ford resumes shipping 2024 F-150 Lightning to dealers after 2-month delay
Ford had issued a stop-ship order for the top-selling electric pickup Feb. 9, shortly after the 2024 model started going out to dealerships in January......»»
New IRS e-filing rule for cash transactions in effect for dealers
Dealerships that file 10 or more of certain tax forms — such as W-2s and 1099s — had to do so electronically for the 2023 tax year. They also had to go digital with Form 8300, which retailers use to report large cash purchases......»»
Chevrolet, Toyota, Infiniti, Nissan and Hyundai dealerships change hands
Two transactions involved auto retailers ranked on Automotive News' list of the top 150 dealership groups based in the U.S......»»
Apply by April 19 to be considered for expanded Automotive News Best Dealerships To Work For
Apply by April 19 to be considered for Automotive News' expanded Best Dealerships To Work For program in 2024, with new categories and more winners......»»
WordPress Parent Company Acquires Beeper
The acquisition was made public via a formal announcement from Beeper CEO Eric Migicovsky. The post WordPress Parent Company Acquires Beeper appeared first on Phandroid. Remember Beeper, the company that went back-and-forth against Apple o.....»»
2025 Mercedes EQS sedan gets beefier battery, updated grille
The 2025 Mercedes-Benz EQS sedan will arrive at U.S. dealerships in the second half of this year. Pricing was not disclosed......»»
WordPress.com owner acquires Beeper, giving it two chat apps to rule them all
With iMessage battle over, Beeper merges with Texts.com to offer more networks. Enlarge / Beeper's new apps are now available, without waitlist, across nearly all mobile and desktop platforms. Beeper, the multinetwork m.....»»