Porsche"s finance chief says advantages of IPO have been laid out
Lutz Meschke has been arguing for a listing of Porsche since 2018 and has previously commented on how Ferrari benefited from being spun off by Fiat Chrysler......»»
CEO of “health care terrorists” faces contempt charges after Senate no-show
Senators are pursuing both civil and criminal contempt charges. Enlarge / The name placard for Dr. Ralph de la Torre, founder and chief executive officer of Steward Health Care System, in front of an empty seat during a Senate He.....»»
Missouri auto salesman gets 1-year sentence after admitting to helping fraudster
A former car salesman at the Marty Cancila Chrysler Dodge Jeep Ram auto dealership in Florissant, Mo., was sentenced in August to a year and a day in prison after admitting to helping a fraudster buy and finance vehicles using other people's personal.....»»
Four advantages of the iPhone 16 over the iPhone 16 Pro
Trying to decide between an iPhone 16 and iPhone 16 Pro? The 16 Pro is, on paper, a better device than the iPhone 16. It has several key advantages that are hard to argue with. However, it’s not better in every way. The iPhone 16 comes with its own.....»»
Morrie"s Auto expands into Illinois, indiGO adds Porsche stores
Morrie's Auto Group adds Kia and Hyundai stores, while indiGO Auto expands with the Porsche brand......»»
Three advantages the Apple Watch Ultra 3 will have over the Series 10
New Apple Watch models will be announced at Monday’s iPhone 16 event. The Apple Watch Series 10 will come in two sizes that are bigger than ever, with the larger model matching the Ultra’s screen size. As a result, I think the Apple Watch Ultra 3.....»»
Former Visa CEO Al Kelly joins GM"s board of directors
Kelly served as Visa's chief executive officer from 2016 to 2023 and retired from its board in February 2024......»»
Four advantages the iPhone 16 Pro will have over the iPhone 16
Apple will unveil its all-new flagship iPhone lineup next week, including the iPhone 16 and iPhone 16 Pro. If you’re thinking ahead about which to buy, here are a few different advantages the iPhone 16 Pro will have over the iPhone 16 – even thou.....»»
Intel just gave up on a plan it laid out years ago
Intel has been talking about the monumental shift that its 20A node will bring for years, but we'll never see it in action......»»
Sutskever strikes AI gold with billion-dollar backing for superintelligent AI
Top venture firms back SSI to develop "safe" AI with teams in Palo Alto and Tel Aviv. Enlarge / Ilya Sutskever, OpenAI Chief Scientist, speaks at Tel Aviv University on June 5, 2023. (credit: JACK GUEZ via Getty Images).....»»
MagSafe Monday: Bring your own cable with this useful MagSafe charger
When it comes to MagSafe charging, the offers distinct advantages over standard MagSafe chargers. One key feature is its flexibility in cable choice. Unlike standard MagSafe chargers, which come with a fixed cable, the AMEGAT allows you to use any U.....»»
Stellantis changes Jeep N.A. chief after 9 months
Ram brand executive Bob Broderdorf succeeds Bill Peffer as head of Jeep in North America, while Peffer replaces Phil Langley as head of dealer network development......»»
EU antitrust chief & Apple foe Margrethe Vestager out after 10 years
Margrethe Vestager has spent a decade leading the European Union's attempts to control Big Tech, including actions Tim Cook described as "total political crap." She won't be doing it any longer.Margrethe Vestager, Executive Vice-President of the Euro.....»»
Audi to get Porsche exec as sales chief, reports say
Marco Schubert, who has led Porsche's European sales since 2021, will succeed Hildegard Wortmann at Audi, according to media reports......»»
Space Command chief says dialogue with China is too often a one-way street
"We all should operate with due regard and in a professional manner." Enlarge / Gen. Stephen Whiting, commander of US Space Command, speaks earlier this year at Peterson Space Force Base, Colorado. (credit: USSPACECOM photo by Jo.....»»
AI company Midjourney teases hardware product in a new form factor
It hired a hardware chief who previously worked on Apple Vision Pro. Responding to this meme image of a wizard with an orb from the I.C.E. book Middle-earth: Valar and Maiar, Midjourney's founder joked that the new hardware form.....»»
AI image-generation company Midjourney says it’s “getting into hardware”
It hired a hardware chief who previously worked on Apple Vision Pro. Responding to this meme image of a wizard with an orb from the I.C.E. book Middle-earth: Valar and Maiar, Midjourney's founder joked that the new hardware form.....»»
F&I revenue still possible as leasing returns
As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there's still an opportunity for the finance and insurance office,.....»»
Apple lays off employees working on Books and News
All the layoffs were in the company's fast-moving services division. Enlarge / The Apple Books icon on a Mac. (credit: Samuel Axon) Apple will cut 100 jobs, all in its digital services teams. Laid off employees will have.....»»
Public dealerships" F&I gross profits fall in Q2 but most above $2,000 a vehicle
AutoNation, Lithia, Group 1, Sonic and Asbury all had same-store finance and insurance gross profit per vehicle above $2,000 in the second quarter......»»
Apple is replaying its Jony Ive trick to manage Maestri’s departure
Apple yesterday announced Luca Maestri’s upcoming departure from his long-held role as the company’s chief financial officer (CFO), with the relatively unknown Kevan Parekh replacing him. It’s no coincidence that Apple made the announcement.....»»