New England"s DCD Automotive, known as Nucar, buys New Hampshire family dealership
New England auto group DCD Automotive Holdings, which operates under the name Nucar, bought a family dealership in Concord, N.H., in December. It will aim to sell at least 75 used cars a month there......»»
Rivian taps Volvo executive as COO ahead of new-model launch
Rivian Automotive Inc. hired Javier Varela as its new chief operations officer to help the electric-vehicle maker scale output as it prepares to roll out a lower-cost model geared for the mass market......»»
Minority dealer Julie Herrera expands IDEA Auto Group
City Limits Nissan is the first dealership Julie Herrera bought without the backing of her investor partner Cavender Auto Family of San Antonio......»»
Sonic Automotive"s EchoPark used-car business shows Q1 turnaround
Sonic Automotive President Jeff Dyke said the group won't open any EchoPark stores this year......»»
New SOHO router malware aims for cloud accounts, internal company resources
Cuttlefish, a new malware family that targets enterprise-grade small office/home office (SOHO) routers, is used by criminals to steal account credentials / secrets for AWS, CloudFlare, Docker, BitBucket, Alibaba Cloud and other cloud-based services......»»
YouTuber Mondi crashes McLaren Senna into Lexus dealership
The driver, known on YouTube as Mondi, bought the supercar a week earlier. He also totaled a GMC Hummer EV in 2022......»»
Harbour Results, adviser to tool-and-die shops and small manufacturers, acquired by Wipfli
Harbour Results Inc., a longtime advisory group to small- and medium-size automotive manufacturers and tool-and-die makers in North America, was acquired by Milwaukee advisory and accounting firm Wipfli......»»
Lithia trims U.K. car dealership network after Pendragon deal
Lithia Motors is paring its U.K. auto retail footprint with cuts to the Pendragon network after entering and expanding throughout the country in the past 13 months. It's dropping 16 used-car CarStore locations and rebranding 11 others......»»
4 suppliers honored for innovative tech partnerships with GM
UVeye, Aspen Aerogels, Carbon Revolution and Gentherm received Innovation Partnership Awards during the annual Automotive News PACE Awards program this week. All four companies were recognized for their work with GM......»»
Nomi is one of the most unsettling (and amazing) apps I’ve ever used
This AI partner talks. It can send you selfies. It tries to fill voids, comfort, guide, and even fulfill fantasies. Some even built a family. This is Nomi......»»
Ford launches AI-powered dealership training platform
The automaker is rolling out Ford University, a digital platform that utilizes AI to train dealership employees on selling vehicles and improving their relationships with customers......»»
New Beats Solo Buds already sound like a better deal than AirPods 2
Apple on Tuesday launched the new family of Beats Solo wireless headphones. While the Beats Solo 4 are available for pre-order from today, the company also announced new Beats Solo Buds wireless earbuds. With a price range of $79 and 18 hours of batt.....»»
6 public auto dealership groups challenged by inflation, lower profit per vehicle
Asbury, AutoNation, Group 1, Lithia, Penske and Sonic continue turning to acquisitions or growing service and parts operations for new revenue sources......»»
Continental Auto Group founder Bryan Hardeman arrested on more arson charges
Bryan Hardeman, founder of Continental Automotive Group, was arrested for the second time in two months in connection with multiple suspected arson fires in Austin, Texas......»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»
Why the automotive sector is a target for email-based cyber attacks
While every organization across every vertical is at risk of advanced email attacks, certain industries periodically become the go-to target for threat actors. In this Help Net Security video, Mick Leach, Field CISO at Abnormal Security, discusses wh.....»»
PACE Awards go to innovations from Dana, Valeo, Yazaki and 10 others
2024 Automotive News PACE Award winners ranged from an advancement in lidar technology to a potentially better way to paint cars in the factory......»»
Scenes from the 2024 Automotive News PACE Awards
The event in Detroit celebrated the best in supplier innovation......»»
Porsche dealership sales manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a Porsche dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
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......»»
Dealership not at fault for injuries caused by 80-year-old customer who crashed demo, court rules
A Louisiana dealership has been cleared of liability for a crash caused by an 80-year-old customer test driving a demo car......»»