Penske Automotive resolves stock buyback lawsuit through voting agreement
Under the agreement, Roger Penske is giving up majority voting control of the auto retailer, while still getting a majority of dividends, a business expert said......»»
Ex-NFL wide receiver Kevin Johnson buys Ford car dealership
Drafted by the Cleveland Browns, Kevin Johnson ended his football career in Detroit. The dealership acquisition marks Johnson's foray into automotive retail......»»
Lucid teases "midsize" model for 2026; says Gravity EV will use Tesla"s NACS plug next year
Lucid's three-row Gravity crossover will use Tesla's NACS plug next year while its lower-cost 'midsize' model will target the Tesla Model Y in 2026, CEO Peter Rawlinson tells Automotive News......»»
X hires ex-Hyundai marketer Angela Zepeda as global head of marketing
X CEO Linda Yaccarino says the former automotive marketer will “further shape our transformation.”.....»»
Asbury not the only company to battle the FTC instead of settle, attorney says
Jean Noonan, a partner at the Hudson Cook law firm and a former Federal Trade Commission regulator, discusses settling FTC investigations versus fighting them as the car dealer Asbury Automotive Group has done......»»
The case for adding iron to the ocean for carbon dioxide removal
While the urgent reduction of carbon dioxide (CO2) and other greenhouse gas emissions is needed as the primary activity to curb climate change, there is broad agreement for the need to remove CO2 already in the atmosphere. Given its outsized role in.....»»
Asbury denies FTC allegations, outlines internal processes in new filing
Asbury Automotive Group Inc. described internal policies on payment quotes and auditing deals for compliance in its formal answer denying the Federal Trade Commission's allegations against the national dealership group......»»
47 states fail to meet the ideal ratio of chargers to EVs, report says
Only the District of Columbia and three states — Vermont, Massachusetts and Rhode Island — have the prime ratio of electric vehicles to public chargers, according to the report by Here Technologies and SBD Automotive......»»
Top 5 stories of the week: Jeep gets new North America boss; August U.S. vehicle sales
A quick look at the top automotive stories of the week as determined by reader interest......»»
Internet picks “werewolf clawing off its own shirt” as new Michigan “I Voted” sticker
"It was just so hot in that voting booth!" Voting really feels good to this werewolf. (credit: State of Michigan) You can't just ask the Internet to vote on something and assume you'll get a "normal" result. The town of.....»»
Top 5 stories of the week: Jeep gets new North America boss; August vehicle sales strong
A quick look at the top automotive stories of the week as determined by reader interest......»»
Why are U.S. dealers getting more pessimistic about the market? This Cox Q3 poll gives clues
Pessimism crept into franchised car dealers' outlooks during the third quarter, according to a Cox Automotive Dealer Sentiment Index poll, which also found that interest rates and consumers' political uncertainty continue to burden dealerships......»»
Oregon hospital hit with $303M lawsuit after a nurse is accused of replacing fentanyl with tap water
Oregon hospital hit with $303M lawsuit after a nurse is accused of replacing fentanyl with tap water.....»»
AT&T sues Broadcom for refusing to renew perpetual license support
Ars cited in lawsuit AT&T recently filed against Broadcom. Enlarge AT&T filed a lawsuit against Broadcom on August 29 accusing it of seeking to “retroactively change existing VMware contracts to match its new corpor.....»»
Retail tech company Xcite Automotive plans to raise venture capital after AI acquisition
Xcite, known for reconditioning vehicles and photographing them for dealer websites, purchased Double4 AI to enhance its tech-driven products and services......»»
The future of automotive cybersecurity: Treating vehicles as endpoints
The automotive industry is facing many of the same cybersecurity risks and threats that successful organizations in other sectors are up against, but it’s also battling some distinct ones. In this Help Net Security interview, Josh Smith, Principal.....»»
Voting as a social determinant of health
Approximately 244 million Americans will have the opportunity to vote in the 2024 elections. In the 2020 election, an unprecedented 67 percent of those eligible turned out to vote. If turnout reaches that level again, it will result in over 162 milli.....»»
Scientists present Europe"s new greenhouse gas budget
The goals outlined in the Paris Agreement on climate include limiting climate warming to below 2°C and reaching a global peak of greenhouse gas emissions as soon as possible. To meet these targets, scientists need comprehensive accounting of the gre.....»»
Top 5 stories of the week: Ford Future Product; Angela Zepeda leaves Hyundai
A quick look at the top automotive stories of the week as determined by reader interest......»»
Behind the scenes: A dealership transaction in New Jersey
Automotive News gets glimpses of a dealership closing in Little Silver, N.J......»»
Court: Section 230 doesn’t shield TikTok from Blackout Challenge death suit
TikTok must face claim over For You Page recommending content that killed kids. Enlarge (credit: Catherine McQueen | Moment) An appeals court has revived a lawsuit against TikTok by reversing a lower court's ruling that.....»»