Penske Automotive"s Kurnick cites pressure on used-vehicle sourcing, margins
Penske Automotive Group President Rob Kurnick told Automotive News Retail Forum: Chicago that it has faced pressure with its CarShop stand alone used-vehicle brand in sourcing vehicles and earning an acceptable margin......»»
Xiaomi’s SU7 is Selling Like Hotcakes
The company now aims to sell 20,000 units in October. The post Xiaomi’s SU7 is Selling Like Hotcakes appeared first on Phandroid. Xiaomi’s official debut of its first-ever electric vehicle was accompanied with much hope and opt.....»»
Responding to dealer feedback, Santander expands small business auto financing
The lender plans to offer automotive financing primarily to small franchises and startups......»»
Kia goes commercial with EV fleet gambit in new markets, including Japan
Kia enters the finicky Japan market for the first time in decades with plans to sell its Platform Beyond Vehicle commercial EVs to fleet customers. The Korean carmaker pushes PBVs that stretch its carefully curated, consumer-oriented brand image......»»
Q3 sales slip at GM; September volume off at Toyota, Hyundai, Kia
U.S. new-vehicle sales are expected to drop in September and the third quarter, with analysts expecting volatility the rest of the year as affordability remains a challenge and the U.S. presidential election looms......»»
Q3 sales slip at GM; September volume off at Hyundai, Kia; Mazda gains
U.S. new-vehicle sales are expected to drop in September and the third quarter, with analysts expecting volatility the rest of the year as affordability remains a challenge and the U.S. presidential election looms......»»
Port workers strike from Texas to Maine, threatening light-vehicle shipments
The strike could stop the flow of everything from food to automobiles at major ports, potentially jeopardizing jobs and stoking inflation weeks ahead of the U.S. presidential election......»»
September sales fall at Hyundai, Kia
U.S. new-vehicle sales are expected to drop in September and the third quarter, with analysts expecting volatility the rest of the year, as affordability remains a challenge and the U.S. presidential election looms......»»
A Tesla camera in Ohio captures heist as police discover a new crime-fighting tool
A Tesla owner in Toledo, Ohio, shared video footage of thieves stealing his brother's SUV, helping police recover the vehicle and make an arrest. Tesla external security cameras are assisting with similar crimes nationwide......»»
Ineos Automotive adds 4 U.S. dealerships on the coasts
With the additions, Ineos will have 22 dealerships in the U.S. and two in Canada. It also has a pair of sales and service centers with an import partner in Mexico......»»
GM, Magna-backed automotive software marketplace SDVerse opens
SDVerse, open to automakers, suppliers and relevant tech companies, is a marketplace designed to connect developers of automotive software with potential customers......»»
CDK wins DMS contract extension with Sonic Automotive
The contract extension with Sonic is a win for market leader CDK, which faced challenges over the summer after two cyberattacks......»»
High-energy-density cubic gauche nitrogen successfully synthesized at atmospheric pressure
A research group led by Prof. Wang Xianlong from the Hefei Institutes of Physical Science of the Chinese Academy of Sciences, has successfully synthesized high-energy-density materials cubic gauche nitrogen (cg-N) at atmospheric pressure by treating.....»»
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......»»
Study offers new explanation for Siberia"s permafrost craters
Mysterious craters that first appeared in the Siberian permafrost a decade ago were caused by climate change-driven pressure changes that explosively released methane frozen underground, a new study reports. The research offers a fresh take on the or.....»»
Exponential growth brews 1 million AI models on Hugging Face
Hugging Face cites community-driven customization as fuel for diverse AI model boom. Enlarge (credit: Hugging Face / anucha sirivisansuwan via Getty Images) On Thursday, AI hosting platform Hugging Face surpassed 1 milli.....»»
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.....»»
Meta Quest Pro discontinued, adding to price pressure on non-Pro Apple Vision product
The Meta Quest Pro headset has been discontinued, with the company officially bidding goodbye to its most expensive headset while selling off remaining units. This follows an earlier decision to abandon work on an even more expensive Vision Pro compe.....»»
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......»»