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Parks Automotive buys 2 Stellantis dealerships with Franchise Equity Partners

Parks Automotive Group in January acquired two Stellantis dealerships in North Carolina, aided by a minority investment in the stores from Franchise Equity Partners......»»

Category: topSource:  autonewsFeb 2nd, 2023

Stellantis hybrid sales in Europe constrained by transmission supply, Carlos Tavares says

The ramp-up of a dual-clutch transmission at factories in Italy and France is holding back sales of models with Stellantis' new 48-volt hybrid powetrain, which can cut emissions by up to 25 percent, CEO Carlos Tavares said......»»

Category: topSource:  autonewsRelated News1 hr. 58 min. ago

Maserati"s stumbles due to marketing issues, Stellantis CEO Carlos Tavares says

Despite heavy financial losses and slumping vehicle sales, Maserati is sustainable but more needs to be done to position it as a pure luxury brand, Stellantis CEO Carlos Tavares said......»»

Category: topSource:  autonewsRelated News1 hr. 58 min. ago

Rainbow PUSH Automotive Project presses ahead amid DEI backlash

Despite Ford's pullback on DEI efforts, the chairman of the Rainbow PUSH Coalition Automotive Project sees the industry continuing to be more inclusive......»»

Category: topSource:  autonewsRelated News14 hr. 58 min. ago

Is Batman: Arkham Shadow coming to PSVR2?

Batman: Arkham Shadow is a continuation of the caped crusader's most popular game franchise, but will you be able to play it on the PSVR2? Let's find out......»»

Category: topSource:  digitaltrendsRelated News20 hr. 31 min. ago

CDK ordered to transfer dealership data for Asbury-Tekion pilot

A Gwinnett County Superior Court judge has ordered CDK Global to provide Asbury Automotive Group with data from four Georgia Asbury dealerships for use in the group's planned Tekion pilot there......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

Stellantis CEO Carlos Tavares says too soon to confirm 2025 dividend

Shares slid nearly 4 percent to their lowest since July 2022 as investors fret that soaring costs of reviving the automaker's U.S. business will threaten its generous payouts to shareholders......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

Toyota, Stellantis highest rated for diversity efforts

Toyota and Stellantis led the Rainbow PUSH Coalition Automotive Diversity Scorecard, achieving the highest marks in all six categories......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

Judge orders CDK to transfer dealership data for Asbury Tekion pilot

A Gwinnett County Superior Court judge has ordered CDK Global to provide Asbury Automotive Group with data from four Georgia Asbury's dealerships for use in the group's planned Tekion pilot there......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

EEOC sues Stellantis dealership over sex discrimination allegations

Benson Enterprises' Ingram Park Chrysler-Jeep-Dodge-Jeep in San Antonio, allegedly subjected two female employees to unfair treatment and fired one in retaliation......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Auto industry risks from port strike to rise exponentially each day, analysts say

One day after the port strike on the East and Gulf coasts began, the backlog of automotive parts that some suppliers and automakers import into the U.S. grew by about a week, according to an industry trade expert......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Daily 5 report for Oct. 2: Stellantis woes raise red flag among weaker Q3 U.S. sales results

The company's disappointing Q3 sales results reinforce the uncomfortable questions already facing Stellantis management......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Billionaire Houston Rockets owner acquires nearby Chevrolet dealership. Will he buy more stores?

The Texas store acquisition marks Tilman Fertitta's first domestic car dealership, now part of Fertitta Automotive Group......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Research highlights global plant diversity "darkspots" where scientific efforts are urgently needed

An ambitious project led by scientists from the Royal Botanic Gardens, Kew, along with global partners, seeks to shed light on the planet's "plant diversity darkspots"—regions teeming with biodiversity but where geographic and taxonomic data remain.....»»

Category: topSource:  physorgRelated NewsOct 1st, 2024

Are plants and fungi trading carbon for nutrients? Not likely, say researchers

Every year, plants move 3.58 gigatons of carbon to mycorrhizal fungi, their underground partners—enough, in fact, that if it were ice, it would cover 112 million NHL hockey rinks. However, a dominant scientific theory explaining that huge transfer.....»»

Category: topSource:  physorgRelated NewsOct 1st, 2024

What’s new on HBO and Max in October 2024

HBO and Max's October 2024 lineup includes Salem's Lot, The Franchise, MaXXXine, Gremlins: The Wild Batch, Doctor Sleep, Trap, and more......»»

Category: topSource:  digitaltrendsRelated NewsOct 1st, 2024

Responding to dealer feedback, Santander expands small business auto financing

The lender plans to offer automotive financing primarily to small franchises and startups......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

Stellantis extends production halt for electric Fiat 500 on poor demand

Despite the temporary production halt in output, Stellantis reiterated plans to invest $111 million to build a high-performance battery variant of the Fiat 500e......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

Stellantis cuts 2024 profit outlook as US sales crisis deepens

Stellantis cuts 2024 profit outlook as US sales crisis deepens.....»»

Category: topSource:  theglobeandmailRelated NewsOct 1st, 2024

Apono raises $15.5 million to accelerate product development

Apono announced the successful completion of its Series A funding round, raising $15.5 million. The funding round was led by New Era Capital Partners, with participation from Mindset Ventures, Redseed Ventures, Silvertech Ventures, initial seed inves.....»»

Category: securitySource:  netsecurityRelated NewsOct 1st, 2024

Stellantis recalls 194,000 Jeep plug-in hybrids over fire risks

Stellantis is recalling 194,000 Jeep plug-in hybrids over fire risks after 13 fires were reported,.....»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024