N.C. prosecutors dismiss more than 400 charges against Nissan dealership employees
Following the store's corrective action, prosecutors dismissed the charges because of a lack of criminal intent and victims......»»
California dealership to pay $290,000 to settle environmental violations complaint
Del Grande Dealer Group, in California's Bay Area, improperly disposed of automotive waste and failed to shred documents with customer information, authorities said......»»
Apple files motion to dismiss DOJ antitrust lawsuit, citing harm to innovation and user experience
Apple has officially filed a motion to dismiss the Department of Justice’s antitrust lawsuit filed in May. Apple argues the case should be dismissed because the DOJ’s lawsuit does not meet the legal standards required to prove a violation of Sect.....»»
15,000 Intel job cuts announced, with Apple and Microsoft key factors in the decline
Some 15,000 Intel job cuts have been announced by the company, as it implements a $10B cost-reduction program to try to resolve its financial difficulties. Intel CEO Pat Gelsinger told employees that revenues have not grown in the way the company.....»»
9to5Mac Daily: August 2, 2024 – AAPL Q3 2024 earnings
On today’s episode of 9to5Mac Daily, we discuss Apple reporting record Q3 2024 earnings. We also cover Apple’s motion to dismiss the DOJ antitrust lawsuit, citing harm to innovation and user experience. Additionally, we highlight the corroborated.....»»
Apple defends business practices in motion to dismiss DOJ lawsuit
Apple has filed a motion to dismiss the Department of Justice's antitrust lawsuit, saying the case lacks a legal foundation.Apple defends business practices in motion to dismiss DOJ lawsuitThe DOJ, along with several states, has accused Apple of mono.....»»
Lithia increases stake in Pinewood DMS company to more than 25%
Lithia Motors Inc. now owns more than a quarter of the U.K. dealership management system provider Pinewood Technologies following purchases of nearly 5 million shares in the months since its initial minority investment......»»
NZXT wants you to pay up to $169/month to rent a gaming PC
NZXT Flex subscription has "new or like-new" PCs, one-time $50 shipping fee. Enlarge / NZXT's subscription program charges $169/month for this build. (credit: NZXT) NZXT, which sells gaming PCs, components, and peripher.....»»
Top 5 stories of the week: Stellantis sues dealership over fleet dispute; Toyota testing scandal widens
A quick look at the top automotive stories of the week as determined by reader interest......»»
Seating supplier to cut jobs in Detroit after truck discontinuation
Bridgewater Interiors LLC is planning to lay off 63 employees at its Detroit plant after Stellantis NV discontinues the Ram 1500 Classic. The seating supplier said it expects to make the permanent cuts by the end of September, according to a WARN.....»»
GM raises bar for employee performance with new ratings system
GM is now rewarding its top 5 percent of employees with 150 percent bonuses, higher than what was available in the previous system......»»
Lithia dealership sued after fatal Challenger test-drive crash
The daughters of a Texas motorist killed after her car was struck by a Lithia dealership's Dodge Challenger allegedly traveling at least 100 mph during a test drive have sued the store as well as the driver and salesman allegedly inside the muscle ca.....»»
GPB Capital founder David Gentile found guilty in Ponzi-like fraud that included dealerships
Gentile’s co-defendant, Jeffry Schneider, who ran Texas-based Ascendant Capital, also was convicted of securities fraud and conspiracy charges by a federal jury in Brooklyn, N.Y., following a trial that lasted more than seven weeks......»»
VW Group profit falls on restructuring charges, lower deliveries
At VW's so-called core group, which consists of the VW, Skoda and Seat brands, profitability dropped to 5 percent......»»
New Japanese EV alliance emerges with Nissan, Honda, Mitsubishi
Nissan and Honda are a step closer to forming a new Japanese alliance with Mitsubishi in a bid to build next-generation software-defined EVs and to catch up in the global EV race......»»
Lithia net income down 28% in Q2 despite record revenue of $9.2B
Lithia Motors Inc. Q2 2024 earnings: Net income fell 28 percent during the second quarter despite the car dealership group generating record revenue for that earnings period......»»
Credit Acceptance posts Q2 net loss of $47.1 million as auto lender revamps cash flow forecasting
The average Credit Acceptance second-quarter auto loan financed $26,816 in principal and interest, paid the dealership a $12,278 advance and was slated to run for 61 months......»»
Microsoft employees are set for a tasty bonus following record profits
Token gesture following an excellent performing quarter shows a company on the back foot following its latest round of layoffs in June......»»
Stellantis offers broad voluntary buyout packages to U.S. salaried employees
Stellantis says involuntary job cuts may be necessary if it doesn't meet its objectives through voluntary means......»»
Asbury: Tekion DMS pilot in Ga. might get pushed to October over CDK dispute
Asbury Automotive Inc.'s dispute with CDK Global over data access might delay the national dealership group's plans to test Tekion at four Georgia dealerships by a month, Asbury told a Georgia court last month......»»
Stellantis sues dealership to avoid spending $180 million to buy back fleet vehicles
Stellantis has taken a North Carolina dealership to court to avoid having to repurchase several thousand unsold fleet vehicles at a cost of about $180 million......»»