Notebook ODMs deepen deployments in automotive electronics
Notebook supply chain players continue to carry on inventory correction amid lingering market headwinds, prompting Taiwan-based ODMs to step up deployments in non-notebook segments, particularly automotive electronics, to diversify their revenue sour.....»»
Penske Automotive rebrands UK CarShop business, sells 3 stores
Penske Automotive Group Inc.'s CarShop stores in the United Kingdom now use the Sytner Select name......»»
Top 5 stories of the week: Stellantis sues dealership over fleet dispute; Toyota testing scandal widens
A quick look at the top automotive stories of the week as determined by reader interest......»»
Intel"s grim forecast could concern automakers in wake of microchip crisis
Intel is a major supplier of semiconductors to the automotive industry, having supplied chips installed in more than 50 million vehicles. Intel says 18 automakers have vehicles with Intel chips on the road for use in their EVs and software......»»
Sneak a peek inside the secretive new global headquarters that will lead Lexus into the EV age
Lexus finally moves into its new, unified global headquarters, a sprawling high-tech R&D and design center nestled into a forest-covered mountain. Automotive News went on an exclusive first tour of the facility......»»
Take AN"s exclusive tour of Lexus" new high-tech HQ in mountains of Toyota City
Lexus finally moves into its new, unified global headquarters, a sprawling high-tech R&D and design center nestled into a forest-covered mountain. Automotive News went on an exclusive first tour of the facility......»»
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.....»»
Starling Automotive buys 3 dealerships, adds brands
Starling Automotive Group expanded in a spring acquisition, buying its first non-General Motors dealerships......»»
Petra Cares" technician training program celebrates one year of changing lives
Launched last year by the Petra Cares Foundation, the philanthropic arm of Petra Automotive Products, the project aims to provide at-risk youth and foster children aging out of the foster care system with the tools to jump-start a career as a mechani.....»»
Penske Automotive Q2 net income falls 20% on higher interest costs
Penske Automotive Group net income dropped in the second quarter, though the auto retailer posted record second-quarter revenue of $7.7 billion......»»
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......»»
Data analytics leaves many dealers wary, confused, study finds
A new Cox Automotive study found that data analytics tools aren't yet meeting their potential......»»
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." .....»»
Researchers realize multi-heterojunctioned plastics with high thermoelectric figure of merit
Organic thermoelectric materials hold great promise as flexible energy sources for the Internet of Things and wearable electronics. However, their relatively low dimensionless figure of merit (ZT) compared to traditional materials has been a major ob.....»»
Cox: Wholesale vehicle valuations tool adds automakers" factory-installed options
Cox Automotive said it has enhanced the Manheim Market Report, its wholesale vehicle valuations tool......»»
Automotive tech company CDK must face antitrust class action, judge says
Software vendors can band together as a class to sue automotive technology giant CDK Global for allegedly restricting access to data and causing them to pay hundreds of millions of dollars in overcharges, a federal judge in Chicago has ruled. .....»»
Top 5 stories of the week: Toyota engine recall; Stellantis CEO calls out U.S. plants
A quick look at the top automotive stories of the week as determined by reader interest......»»
Threat of slimmer used-car profits, supply allows for little slack in 2024, dealers say
Franchised dealership and auto retail group leaders spoke with Automotive News in June and July about used-car market certainties and uncertainties in 2024......»»
"Kink state" control may provide pathway to quantum electronics
The key to developing quantum electronics may have a few kinks. According to a team led by researchers at Penn State, that's not a bad thing when it comes to the precise control needed to fabricate and operate such devices, including advanced sensors.....»»
"Miracle" filter turns store-bought LEDs into spintronic devices
Traditional electronics use semiconductors to transmit data through bursts of charged carriers (electrons or holes) to convey messages in "1s" and "0s." Spintronic devices can process an order of magnitude more information by assigning binary code to.....»»
4 takeaways from Tesla"s Q2 earnings as profit plunges
Automotive gross margin, a key indicator of profitability, fell to just under 15 percent in the second quarter, its lowest level in five years. Tesla's operating margin fell to 6.3 percent from 9.6 percent a year earlier......»»