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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......»»

Category: topSource:  autonewsJul 3rd, 2024

Coulter Motor Co. settles vehicle pricing add-ons case with FTC, Arizona for $2.6 million

The owner of dealerships Coulter Cadillac Tempe and Coulter Buick GMC Tempe and a former general manager of the stores have agreed to pay a combined $2.6 million to settle allegations of bait-and-switch advertising, price discrimination and improper.....»»

Category: topSource:  autonewsRelated NewsAug 16th, 2024

The collapse of an iconic arch in Utah has some wondering if other famous arches are also at risk

A common line of questions has emerged from visitors to Utah's Arches National Park in the week since an iconic rock arch at Lake Powell known as the "Toilet Bowl" collapsed......»»

Category: topSource:  informationweekRelated NewsAug 16th, 2024

Lawsuit accuses Stellantis, Maserati of blocking sale of N.Y. dealerships

Dualed Alfa Romeo and Maserati dealerships in Great Neck, N.Y., have sued Stellantis and Maserati North America for denying an application to transfer the franchises......»»

Category: topSource:  autonewsRelated NewsAug 15th, 2024

Solera Auto Finance bought by managers, Obra Capital; now called Arra Finance

Solera Auto Finance's leadership has purchased the lender in a management buyout with partner Obra Capital and renamed the company Arra Finance. It will write subprime auto loans at new- and used-car dealerships......»»

Category: topSource:  autonewsRelated NewsAug 15th, 2024

AutoCanada considers selling U.S. stores, reports data breach and $24 million Q2 loss

AutoCanada is exploring the sale of its U.S. dealerships and other “non-profitable and non-core assets,” as the company swung to a loss for the second quarter amid falling sales, a significant used-vehicle inventory writedown and fallout from the.....»»

Category: topSource:  autonewsRelated NewsAug 14th, 2024

Neutron-star mergers illuminate the mysteries of quark matter

Neutron stars are the remnants of old stars that have run out of nuclear fuel and undergone a supernova explosion and a subsequent gravitational collapse. Although their collisions—or binary mergers—are rare, when they do occur, these violent eve.....»»

Category: topSource:  physorgRelated NewsAug 14th, 2024

Private equity firm buys auto retail ID check, remote notary provider Mavsign

Maverick Document Signings, which provides remote notary and identification verification services to car dealerships, has been purchased by private equity firm 1876 Partners, Colonnade Securities said......»»

Category: topSource:  autonewsRelated NewsAug 13th, 2024

Dealership yanks Utah State coaches" free cars

Murdock Auto Team ended its sponsorship of Utah State athletics after the school fired its head football coach and others in connection with a domestic violence case......»»

Category: topSource:  autonewsRelated NewsAug 12th, 2024

Still-churning remnants of Tropical Storm Debby prompted Raleigh auto dealerships to move vehicles

Hanna Imports, a used-vehicle dealership in Raleigh, N.C., relocated around 200 vehicles ahead of the storm, General Manager Chris Selfani said......»»

Category: topSource:  autonewsRelated NewsAug 9th, 2024

Still-churning Tropical Storm Debby prompted Raleigh auto dealerships to move vehicles

Hanna Imports, a used-vehicle dealership in Raleigh, N.C., relocated around 200 vehicles ahead of the storm, General Manager Chris Selfani said......»»

Category: topSource:  autonewsRelated NewsAug 9th, 2024

‘It’s beyond scary’: This California single mom was shocked to discover she owes $180K on ‘zombie mortgage’

‘It’s beyond scary’: This California single mom was shocked to discover she owes $180K on ‘zombie mortgage’.....»»

Category: gadgetSource:  yahooRelated NewsAug 8th, 2024

Major Earth Systems on Track for Collapse, Scientists Find

Major Earth Systems on Track for Collapse, Scientists Find.....»»

Category: gadgetSource:  yahooRelated NewsAug 8th, 2024

Bitcoin bulls predict new record highs following worst rout since FTX collapse

Bitcoin bulls predict new record highs following worst rout since FTX collapse.....»»

Category: topSource:  marketingvoxRelated NewsAug 7th, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 6th, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 6th, 2024

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......»»

Category: topSource:  digitaltrendsRelated NewsAug 6th, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 6th, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024

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.....»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024