Per-vehicle F&I profit down for 4 publics
Average F&I profit per vehicle retailed in Q1 rose slightly at AutoNation and Sonic, while other publics saw a decline......»»
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.....»»
OpenAI drops nonprofit status in large-scale reorganization
OpenAI is reportedly planning to scrap the nonprofit structure of its core business in favor of a for-profit model that will be more attractive to investors......»»
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.....»»
OpenAI plans tectonic shift from nonprofit to for-profit, giving Altman equity
Under plans that have attracted criticism, shift may give Altman 7% equity in the firm. Enlarge (credit: Benj Edwards / OpenAI) On Wednesday, Reuters reported that OpenAI is working on a plan to restructure its core busi.....»»
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......»»
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.....»»
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......»»
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......»»
Rivian launches pre-owned vehicle sales, joining Tesla in growing used EV market
Rivian has launched pre-owned sales of R1T and R1S models. Demand for used electric vehicles is solid because steep depreciation makes them a good value compared with gasoline cars, iSeeCars says......»»
Ford"s Marin Gjaja: Dispelling EV misperceptions is key
The COO of Ford's electric vehicle business unit said car shoppers don't fully realize the benefit of charging at home or having an in-vehicle generator......»»
Auto industry aims for digital experience as easy as smartphones, streaming services
Software-defined vehicle technology underpins an easy in-car experience, panelists said at the Automotive News Congress......»»
Arlo Secure gets powerful new AI features, including person and vehicle detection
Arlo Secure can now send you personalized alerts when people or vehicles enter your property. You can even create custom alerts for specific motion events......»»
EV sales will improve when automakers address affordability, experts say
The big hindrance constraining electric vehicle sales remains affordability, said Dave Katarski, COO of Feldman Automotive Group, during a panel discussion at the Automotive News Congress......»»
May Mobility slashes growth plans in Michigan
The Toyota-backed driverless vehicle operator has walked back expansion plans announced a year-and-a-half ago, cutting the number of planned new jobs by a third, according to a state memo. .....»»
Arlo Secure 5 boosts smart home security
Arlo Technologies announced Arlo Secure 5, the next generation of smart home security powered by Arlo Intelligence (AI). Arlo’s new proprietary AI technology introduces a suite of features such as custom detections, vehicle recognition and pers.....»»
Stellantis begins search for Carlos Tavares successor
Pressure on Tavares is rising because of Stellantis' poor performance in markets including the U.S., its biggest single profit pool......»»
Stellantis said to start search for Carlos Tavares successor
Pressure on Tavares is rising because of Stellantis' poor performance in markets including the U.S., its biggest single profit pool......»»
U.S. proposes ban on Chinese vehicle software
Pending restrictions stem from an investigation of cybersecurity risks from Chinese vehicle software that President Joe Biden launched in March......»»
AM Radio for Every Vehicle Act passes panel vote
The bill requires all new passenger vehicles to include devices for accessing AM broadcast stations, and now pends house approval......»»