NADA: FTC proposal on car dealers ‘severely flawed," should be withdrawn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......»»
Lotus adds dealers, gears up for five new vehicles by 2028
Lotus Cars Managing Director Matt Windle's U.S. visit last month comes as the brand expands its dealer network and readies for the biggest onslaught of new models in company history......»»
Point Predictive, CreditMiner tech helps dealers combat fraud
Point Predictive said auto dealerships have reported more fraudulent borrowers — and being forced by lenders to buy back the ensuing loans......»»
Honda"s U.S. dealers want to be part of Sony Honda venture
A new joint venture formed by Sony Group and Honda plans to introduce a premium EV and the automaker's U.S. dealers are anxious to be part of the sales process......»»
Ford says top Lincoln dealers face $900,000 bill to sell EVs
Lincoln stores that want to sell EVs will need to invest more than four times as much as Cadillac is asking its retailers to spend, mainly to cover the cost of installing chargers for public use and service needs......»»
Pohanka Automotive buys Ford, Kia and Stellantis dealerships
Pohanka Automotive Group, led by NADA Vice Chairman Geoffrey Pohanka, acquired Ford, Kia and Stellantis dealerships in August......»»
Endangered fruit-eating animals play an outsized role in a tropical forest—losing them could have dire consequences
A new study by researchers at the University of Washington shows that losing a particular group of endangered animals—those that eat fruit and help disperse the seeds of trees and other plants—could severely disrupt seed-dispersal networks in the.....»»
Uber, Lyft shares fall on possible U.S. changes to worker classifications
The proposal released by the U.S. Labor Department would make it easier for delivery couriers, ride-hailing drivers and other gig workers to be classified as employees, rather than independent contractors......»»
Mills Automotive buys Bentley, Jaguar-Land Rover and Honda dealerships in 3 deals
Mills Automotive Group, led by CEO Damian Mills, who is now chairman of the National Association of Minority Automobile Dealers, has been in expansion mode this year......»»
NADA guidelines could shape debates in states
A set of guiding principles by the National Automobile Dealers Association advocating on behalf of dealer franchise laws could help state association leaders frame discussions with policymakers on legislative issues......»»
NADA sets guidelines for brand relations in retail evolution
From electric vehicles to digital retail and over-the-air updates, auto dealers are facing a lot of change. Here’s how NADA would like to see brands work with their retail partners......»»
See how Apple Accessibility transforms lives, working hand-in-hand with HomeKit [Video]
For severely disabled people, it’s no exaggeration to say that Apple Accessibility transforms lives – but it can be difficult to appreciate the impact that even minor-sounding changes can make until you see it for yourself. Colin Hughes is a for.....»»
Glass microspheres aren"t the answer for saving Arctic sea ice
A proposal to cover Arctic sea ice with layers of tiny hollow glass spheres about the thickness of one human hair would actually accelerate sea-ice loss and warm the climate rather than creating thick ice and lowering the temperature as proponents cl.....»»
Elon Musk Revives $44 Billion Twitter Takeover Deal
An agreement would avoid the continuation of a costly legal battle In yet another U-turn, Elon Musk offered to proceed with a deal to buy Twitter for $54.20 per share Tuesday in a proposal that would pave the way for the completion of his.....»»
Musk proposes to buy Twitter for original price of $54.20 a share
Musk’s latest proposal to match the original deal terms means Twitter is facing a future under the leadership of a mercurial billionaire who has spent months publicly criticizing its management and questioning its value......»»
Celsius founder took out $10 million before pausing withdrawals and filing for bankruptcy
Things keep looking sketchier and sketchier for the crypto lender Celsius Network.On Sunday, the Financial Times reported that Celsius founder Alex Mashinsky had withdrawn $10 million from his crypto lending company just weeks before it froze withdra.....»»
Kremlin welcomes Elon Musk proposal for Ukraine settlement denounced by Kyiv
In a Twitter poll posted on Monday, the Tesla boss proposed Ukraine permanently cede Crimea to Russia, that new referendums be held under U.N. auspices to determine the fate of Russian-controlled territory......»»
Kia, Genesis post higher September sales
Monthly U.S. auto sales have been stuck at around 1.1 million deliveries since August 2021 as automakers and dealers grapple with tight inventories and supply chain problems, notably a shortage of microchips......»»
Most Florida dealers dodge destructive Hurricane Ian
An influx of flood-damaged vehicles might create a troublesome situation, Morse Automotive Group CEO Teddy Morse said......»»
Toyota CEO Akio Toyoda: California, U.S. EV targets will be hard to achieve
Toyoda, who met with dealers and journalists in Las Vegas to discuss carbon neutrality and the auto industry’s role in slowing global warming, says EVs “are just going to take longer than the media would like us to believe.".....»»
CDK to give dealers ability to share data with software vendors
Dealership management system provider CDK Global will allow auto retailers to share data directly with third-party software providers, a change from its existing vendor integration practices......»»