NADA: FTC proposal on car dealers ‘severely flawed," should be withdrawn
The comments from the NADA were among thousands received by the FTC on its proposal to curtail bait-and-switch auto dealership price advertising, misleading F&I practices and F&I vehicle protection products......»»
Three dealership groups, brothers acquire stores in Q4, Q1 deals
Two transactions involved dealers ranked on list of top dealership groups......»»
CDK Global bets dealers will embrace new virtual assistant tool
The Artificial Intelligence Virtual Assistant, or AIVA, is making its official debut at the 2024 NADA Show......»»
Tesla EV share falls in booming California market as rivals make gains
The California New Car Dealers Association said Tesla's 2023 share of the electric market fell to 60.5 percent from 71 percent a year earlier. Mercedes-Benz and BMW showed the biggest share gains......»»
Fisker, VinFast head to NADA looking for dealer partners
The two newcomers are the first full-EV brands to pivot from the direct-sales model pioneered by Tesla to franchised dealers. VinFast has a few dealerships and Fisker expects its first in February......»»
Live talk Friday at 2 p.m. EST: What"s on car dealers" minds at the NADA Show
Join Automotive News at 2 p.m. EST Friday for a live chat from the NADA Show floor as we discuss the key issues facing dealerships in 2024.Executive Editor Jamie Butters and Senior Editor Dan Shine will be joined by Leonard A. Bellavia, senior partne.....»»
Remanufactured headlamps cheaper for consumer, keep waste out of landfills, GM says
General Motors is working with Llink Technologies to produce and sell remanufactured headlamps, giving dealers and customers more choice when a damaged one needs to be replaced. The partnership allows GM to compete in the aftermarket space and is bet.....»»
Global warming caused widespread ocean anoxia 93 million years ago, deep-sea sediments research suggests
Marine anoxia is characterized by the oceans being severely depleted in dissolved oxygen, making them toxic and thus having devastating impacts on the organisms inhabiting them. One such event, known as Oceanic Anoxic Event 2 (OAE2), occurred ~93.5 m.....»»
FordDirect debuts online marketplace for Ford, Lincoln dealers
The Shop is a marketplace where Ford and Lincoln dealers can buy software and services from curated vendors and startups......»»
Review: Framework’s Laptop 16 is unique, laudable, fascinating, and flawed
Great ideas go up against awkward limitations in Framework's 16-inch sequel. Enlarge / The Framework Laptop 16. (credit: Andrew Cunningham) Specs at a glance: Framework Laptop 16 OS Windows 11 23H2 CPU AMD Ryzen 7.....»»
Study finds water quality of Europe"s rivers is generally better, but not consistent
River regulation, invasive animal and plant species, global climate change, and pollution—humans are severely impacting the ecosystems of rivers and streams......»»
Fisker to recruit retailers at NADA as first Ocean EVs head to dealerships Feb. 5
CEO Henrik Fisker says more than 65 U.S. dealers are talking with the EV maker. The first group to sign has ordered thousands of the Ocean crossovers, which will hit dealer lots in early February......»»
Should we trust Amazon"s AI-generated review summaries?
Amazon now offers AI-generated summaries of product reviews, to help provide an at-a-glance consensus view of its products, but are they too flawed to trust? Lately, users have noticed an influx of AI-generated summaries of product reviews on A.....»»
Lotus dealers stuck with sold Emira stock as emissions certification drags on
Lotus is delivering the $100,000 low-slung coupe to dealers ahead of receiving emissions certification from the California Air Resources Board. The car can't be sold in any of the 50 states without CARB approval, Lotus said......»»
New Toyota Financial Services CEO says leasing drives loyalty, must regrow
Scott Cooke, the newly appointed CEO of Toyota Financial Services, said cooperation will be required between dealers, lenders and manufacturers to regrow leasing penetration rates but that leasing is an important driver of loyalty......»»
Used-car market normalizing, though affordability, inventory concerns remain
As the U.S. auto market shows slow signs of normalization, used-vehicle dealers are assessing what the return of new-vehicle supply and used-vehicle depreciation means for demand in 2024......»»
Dealerships look to cut costs through sustainability projects
From LEDs to recycling initiatives, EV chargers and reused water, dealers across the U.S. are making their businesses more sustainable......»»
Electric utilities push back on proposal to remove Eklutna River hydropower dam
The Alaska Native village of Eklutna and Anchorage Assembly leaders are calling for the removal of the Eklutna River hydropower dam that provides cheap power in Southcentral Alaska, as electric utilities propose ways to reduce the dam's environmental.....»»
Q&A: Small solar sails could be the next "giant leap" for interplanetary space exploration
Nearly 70 years after the launch of the first satellite, we still have more questions than answers about space. But a team of Berkeley researchers is on a mission to change this with a proposal to build a fleet of low-cost, autonomous spacecraft, eac.....»»
FTC meeting stresses CARS Rule value to U.S. troops, ‘honest" auto dealers
Agency attorneys also described the rule's goals and what one called four ‘key' requirements it imposed on car dealerships......»»
Service Counter: Technicians say proper shop equipment, tool allowance some of the keys to happy workplace
Job recruitment platform WrenchWay polled technicians, dealers, students and others in the automotive industry for its 2023 Voice of the Technician survey......»»