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Penske Automotive to buy Porsche dealerships in Australia

Penske Automotive Group Inc.'s planned acquisition of two Porsche stores near Melbourne, Australia, is expected to close in the second quarter......»»

Category: topSource:  autonewsApr 9th, 2024

Top 5 stories of the week: Earnings from Rivian, Toyota and Nissan; GM"s fleet strategy

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

China"s vehicle exports hit record high in April as domestic sales fall

Facing trade threats in Europe, Chinese automakers have been actively exploring South America, Australia and ASEAN markets for exports......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

Rocket Report: German launch from Australia; Neutron delayed until 2025

"The planned increase in flight cadence for our mothership Eve is a game changer." Enlarge / HyImpulse's single-stage rocket, SR75, lifts off from Australia. (credit: HyImpulse) Welcome to Edition 6.43 of the Rocket Rep.....»»

Category: topSource:  pcmagRelated NewsMay 10th, 2024

New-vehicle inventory little changed at 2.86 million

New-vehicle inventories in the U.S. changed little in April, ending at 2.86 million vehicles, Cox Automotive said — safely under 3 million......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Group 1 Automotive"s Q1 acquisitions cost almost $700 million

The auto retailer also sold the Mike Smith Auto Complex in Beaumont, Texas, to Doggett Automotive Group in the first quarter......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

GM logistics supplier Proficient Auto raises $215 million in IPO

The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides services to GM, Stellantis, Toyota and other automakers......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Used-vehicle wholesale prices down in April, Cox Automotive says

Customers appear to be holding out for more affordable used-vehicle prices and hoping for lower interest rates, Cox Automotive says......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Researchers: Heat is coming for our crops—we have to make them ready

Australia's vital agriculture sector will be hit hard by steadily rising global temperatures. Our climate is already prone to droughts and floods. Climate change is expected to supercharge this, causing sudden flash droughts, changing rainfall patter.....»»

Category: topSource:  theglobeandmailRelated NewsMay 9th, 2024

Scenes from the Automotive News-Crain Currency event at F1 Miami Grand Prix

The event in Miami brought together industry insiders, private wealth management executives and car collectors......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Canada"s Steve Marshall Group enters U.S. via Hawaii, buys Ford dealerships

The second-quarter acquisition marks the British Columbia group's first dealerships in the U.S......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Stella Automotive AI raises VC from Reynolds and Reynolds, dealerships

Stella, which makes automotive artificial intelligence technology for dealerships, secured $19.7 million......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Milking venom from Australia"s deadly marine animals

Imagine feeling like an elephant is sitting on your chest, you can't breathe, there's a sense of impending doom and the pain is so intense you want to die......»»

Category: topSource:  physorgRelated NewsMay 8th, 2024

Register now for the Automotive News Leading Women Conference

The May 21 event features Ford Motor Co.'s Lisa Drake and Hyundai Motor America's Tia Battle as keynote speakers......»»

Category: topSource:  autonewsRelated NewsMay 7th, 2024

LockBit leader unmasked: US charges Russian national

Russian national Dmitry Khoroshev is “LockBitSupp”, the creator, developer and administator of the infamous LockBit ransomware group, according to UK, US and Australia law enforcement agencies. The US Justice Deparment has unsealed charge.....»»

Category: securitySource:  netsecurityRelated NewsMay 7th, 2024

Researchers establish commercially viable process for manufacturing with promising new class of metals

Nanostructured high entropy alloys—metals made from a chaotic mix of several different elements—show a lot of promise for use in industries such as aerospace and automotive because of their strength and stability at high temperatures compared wit.....»»

Category: topSource:  physorgRelated NewsMay 7th, 2024

How a filmmaker, a pile of old shells and a bunch of amateurs are bringing Australia"s oyster reefs back

Around Australia, hundreds of people are coming together to help a once-prized, but decimated and largely forgotten marine ecosystem. They're busy restoring Australia's native oyster and mussel reefs......»»

Category: topSource:  physorgRelated NewsMay 7th, 2024

AlixPartners agrees to acquire global automotive consulting firm Berylls

AlixPartners plans to add Berylls' expertise in digital, strategy and growth consulting......»»

Category: topSource:  autonewsRelated NewsMay 7th, 2024

Penske plans paint factory for special edition Ford Mustangs, Broncos

In addition to low-volume paint operations, the space may also be used for customizing show cars, modifying EV products, addressing quality holds, vehicle retrofit and prototype assembly......»»

Category: topSource:  autonewsRelated NewsMay 7th, 2024

Dive into our annual rankings, lists and enterprise reporting

A guide to Automotive News' lists, rankings and deep reporting so far this year......»»

Category: topSource:  autonewsRelated NewsMay 7th, 2024

What Australia can learn from Latin America when it comes to tackling violence against women

Fifty years ago, Australian feminist Anne Summers denounced "the ideology of sexism" governing over so many women's lives. Unfortunately, sexism is as lethal today as it was then......»»

Category: topSource:  physorgRelated NewsMay 6th, 2024