NFL coach Antonio Pierce owes $28M after dealerships" collapse
The wife of Las Vegas Raiders coach Antonio Pierce filed for bankruptcy after Nissan and Hyundai tried to garnish his wages over loan defaults at dealerships he co-owned......»»
Major Earth Systems on Track for Collapse, Scientists Find
Major Earth Systems on Track for Collapse, Scientists Find.....»»
Bitcoin bulls predict new record highs following worst rout since FTX collapse
Bitcoin bulls predict new record highs following worst rout since FTX collapse.....»»
More dealerships close as Tropical Storm Debby lingers over Southeast
One state auto dealer association leader said he was concerned about the slow-moving nature of the storm......»»
Asbury Automotive sells Colorado, Georgia Nissan car dealerships
Asbury Automotive Group Inc. sold one Colorado dealership and one Georgia store during the second quarter, the dealership group said in its earnings report Aug. 2. The locations have been renamed Alpine Nissan of Denver and Nissan of Cumming......»»
25 years ago, the sexiest action movie ever made was released. Here’s why it still sizzles
The Thomas Crown Affair is a great Pierce Brosnan movie, and a great movie more generally......»»
ToyotAbility for disabled workers takes center stage at Texas truck plant
A newly built subassembly area in Toyota's truck plant near San Antonio integrates the work of differently-abled team members into plant operations......»»
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......»»
Group 1 finalizes acquisition of Inchcape; adds 54 U.K. dealerships to its portfolio
Group 1 Automotive Inc. has finalized its acquisition of global automotive group Inchcape, which has 54 U.K. dealerships. The acquisition was announced April 15; Group 1 paid $439 million in cash. It is expected the acquisition will add $2.7 billi.....»»
Dealerships warned about phishing scams tied to global cyber event
Two cybersecurity consulting firms are warning dealerships about scams relating to CrowdStrike's catastrophic software update on July 19......»»
Starling Automotive buys 3 dealerships, adds brands
Starling Automotive Group expanded in a spring acquisition, buying its first non-General Motors dealerships......»»
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......»»
Asbury, CDK locked in legal fight over data control ahead of Tekion pilot
Asbury Automotive has sued CDK Global and sought an injunction compelling the release of four dealerships' data so Asbury could pilot Tekion's DMS software at the locations, accusing CDK of "holding its data hostage." .....»»
Curbee launches software platform to streamline dealership mobile service
Curbee has launched a software-service platform designed to help dealerships streamline and enhance their mobile services for technicians and customers, thereby improving customer loyalty, profitability, and the overall service experience......»»
How Soon Might the Atlantic Ocean Break? Two Sibling Scientists Found an Answer—and Shook the World
A gigantic, weather-defining current system could be headed to collapse. Peter and Susanne Ditlevsen had a simple yet controversial question: How much time might we have left to save it?.....»»
Humanity suffering from "extreme heat epidemic," UN chief warns
Humanity is suffering from an "extreme heat epidemic," UN Secretary-General Antonio Guterres warned Thursday, calling for action to limit the impacts of heat waves intensified by climate change......»»
FTC CARS Rule could put auto lenders at risk
The Federal Trade Commission's CARS Rule poised to take effect upon car dealerships might have created risk for auto lenders, too, under the federal Holder Rule, experts say......»»
Dealers should adopt some practices now ahead of CARS Rule decision, experts say
The Federal Trade Commission's CARS Rule is on hold pending a legal challenge in the U.S. 5th Circuit Court of Appeals by the National Automobile Dealers Association and Texas Automobile Dealers Association, but dealerships might still wish to take s.....»»
Editorial: Biden"s withdrawal leaves industry wondering whether Kamala Harris has evolved on EVs, climate change
Kamala Harris owes the industry and voters some answers on whether she still believes in the $10 trillion climate plan she proposed in 2019 that called for an industrywide transition to EVs by 2035......»»
Another prison term in multimillion dollar ‘Ponzi-like" car export scheme
A top conspirator in a fraud and money-laundering scheme was sentenced to 15 months in prison and ordered to pay $3.5 million in restitution for his role in defrauding franchised dealerships and vehicle brokers......»»
Stellantis paid $190.7 million in U.S. fuel economy penalties
Stellantis paid $190.7 million in U.S. fuel economy penalties and owes another $459.7 million in outstanding penalties according to government documents......»»