Penske Automotive doubles down on used-vehicle supercenters as Q4 net income surges
Penske Automotive Group hopes to have 40 used-vehicle supercenter locations by the end of 2023, up from 17 today, as it looks to as much as triple the unit's annual revenues......»»
A 20-year struggle for environmental justice—and a public park—in one California city
Just up the road from Oakland and Berkeley, the city of Richmond is a minority and low-income community of 115,500 people—mainly Latino, Black and Asian American—with a major Chevron refinery whose pollution has been an ongoing source of conflict.....»»
Top 5 stories of the week: Stellantis succession planning; Carlos Ghosn loses battle over yacht
A quick look at the top automotive stories of the week as determined by reader interest......»»
Daily 5 report for Sept. 26: This Jeep story reinforces why auto shows are suffering
What better way to make a new-vehicle splash than to do the unveiling on the 46th floor of a Tokyo high-rise with a breathtaking view of the nation's capital?.....»»
EV sales remain healthy despite online doom and gloom
Battery EVs are expected to account for more than 8 percent. Enlarge (credit: Aurich Lawson | Getty Images) Battery-electric vehicles accounted for 8 percent of new vehicle sales in June and July of this year and should.....»»
Samsung Wants Better Software Integration Between Cars and its Phones
Samsung recently announced a new collaborative effort alongside Hyundai Motors and Kia. The post Samsung Wants Better Software Integration Between Cars and its Phones appeared first on Phandroid. The continued modernization of in-vehicle i.....»»
Auto industry preps for unprecedented USMCA review as crucial elections loom
The auto industry is preparing for a first-of-its-kind review of the United States-Mexico-Canada Agreement in 2026, a process that could significantly impact automotive trade rules in the region......»»
CarMax"s Q2 net income rises 12%, revenue falls less than 1%
CarMax said it retailed 211,020 used vehicles in its second fiscal quarter, up 5.1 percent year over year. Same-store used-vehicle retail sales rose 4.3 percent......»»
Florida girds for arrival of "catastrophic" Hurricane Helene
An increasingly powerful hurricane threatening "catastrophic," dangerous storm surges and flooding was forecast to smash into Florida's Gulf coast on Thursday, as thousands of residents evacuated towns along the US state's shoreline......»»
Small accounts, big decisions: How multiple savings impact retirement payout choices
New study shows that retirees are more likely to cash out smaller retirement accounts instead of turning them into steady income streams, even though they might do the opposite with larger accounts. This choice can hurt their long-term financial secu.....»»
Tesla Full Self Driving requires human intervention every 13 miles
It gave pedestrians room but ran red lights and crossed into oncoming traffic. Enlarge / An independent automotive testing company has evaluated Tesla FSD, and it found some concerning results. (credit: PonyWang/Getty Images).....»»
1 Thing We"re Talking About: Walser unveils technician training lab
Walser Automotive Group and WSU Tech took the wraps off an automotive lab to train technicians and address growing interest in the field......»»
Study reveals mallards" flight responses ineffective in preventing vehicle collisions
An article published in PeerJ Life & Environment has uncovered insights into how mallards (Anas platyrhynchos) respond to approaching vehicles, revealing that these common waterbirds are poorly equipped to avoid collisions, particularly at high speed.....»»
GM, Piston plot hydrogen fuel cell factory in Detroit
GM and Piston Automotive are plotting a hydrogen fuel cell factory in Detroit, GM's first standalone plant for fuel cell production......»»
With fewer prime used cars, dealers innovate in complex market
Fewer off-lease vehicle returns predicted for 2024 and 2025 set the stage for more competition for less-aged used vehicles and higher costs to acquire them......»»
Rolls-Royce brings white-glove vehicle customization to U.S.
The New York Private Office joins similar hubs in Dubai and Shanghai. Los Angeles and Miami are on the short list for a future design studio......»»
UN chief says sea level rise threatens "rising tide of misery"
United Nations Secretary-General Antonio Guterres warned on Wednesday that rising sea levels threaten to create "a rising tide of misery" for millions, with intense storm surges, coastal erosion and coastal flooding increasingly likely......»»
Ford CEO: Being kind not ‘natural to me"
Ford's CEO, at a dinner honoring the 2024 Automotive News Rising Stars, gave advice on identifying talent, managing time and improving himself......»»
Study shows virtual reality may help pedestrians and cyclists avoid harmful pollutants
Physics-informed virtual reality could be key to reducing the exposure of pedestrians and cyclists to harmful, non-exhaust vehicle emissions, according to a study published 25 Sep in the Royal Society Open Science journal......»»
Daily 5 report for Sept. 24: EV realities set in at Automotive News Congress
It's not all doom and gloom despite EV sales not meeting growth expectations, but clearly the time for happy talk has ended......»»
Lower-income households have high auto payments, according to Bank of America
The customers who purchased vehicles during the height of the inventory shortages are still feeling the strain; lower-income households seem to be feeling that strain the most......»»