Pretax charges drop Sonic Automotive"s Q1 net income
The company said $7 million in pretax charges contributed to a 12 percent dip in first-quarter net income......»»
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......»»
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......»»
Amazon"s $829 M2 MacBook Air deal delivers the lowest price on record
Amazon's new price drop on Apple's M2 MacBook Air delivers the lowest price on record, with a $170 discount bringing the laptop down to $829.Grab the lowest price on record on this M2 MacBook Air.The $170 discount off MSRP, which is labeled a limited.....»»
Accounting change drives down Cars Commerce Q1 net income
Cars Commerce's 2023 acquisition of D2C Media helped promote revenue gains, and price increases helped boost average revenue per dealer......»»
Hyundai, Kia unit settles U.S. charges it repossessed service members" vehicles
Hyundai's and Kia's American financing arm will pay $334,941 to settle charges it illegally repossessed vehicles belonging to military service members, the U.S. Department of Justice said on Wednesday......»»
The top 10% are the main beneficiaries of globalization, says study
The income of many people around the world has considerably increased due to the economic globalization of the last 50 years. However, these income gains are unevenly distributed. A study by Dr. Valentin Lang, junior professor of political economy at.....»»
Every drop counts: New algorithm tracks Texas"s daily reservoir evaporation rates
Summer can be an extra challenging time for Texas's 189 major water supply reservoirs. With temperatures consistently reaching 100 degrees or higher, reservoir evaporation rates see high increases......»»
A Sonic game that plays like Fall Guys is coming to mobile
Sonic Rumble is the next Sonic the Hedgehog game, but it's a battle royale that will only be available on mobile......»»
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......»»
Mitsubishi eyes U.S. market EV from Nissan as North America takes center stage
Mitsubishi CEO Takao Kato books record operating income and says North America has swapped places with Southeast Asia to become its earnings engine......»»
Stella Automotive AI raises VC from Reynolds and Reynolds, dealerships
Stella, which makes automotive artificial intelligence technology for dealerships, secured $19.7 million......»»
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......»»
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.....»»
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.....»»
Netflix subscribers are getting five games, including Sonic Mania Plus
Sonic Mania Plus, Katana Zero, Braid: Anniversary Edition, and more are all coming to the Netflix Games catalog this month......»»
AlixPartners agrees to acquire global automotive consulting firm Berylls
AlixPartners plans to add Berylls' expertise in digital, strategy and growth consulting......»»
Dive into our annual rankings, lists and enterprise reporting
A guide to Automotive News' lists, rankings and deep reporting so far this year......»»
Deals: New 15-inch M3 MacBook Air with 16GB RAM $150 off, Latest AirPods Pro 2 $180, iMac, Beats, more
Monday morning’s collection of the best deals on Apple gear is here, and it’s a good one. We have up to $150 off the elevated configuration of the new 15-inch MacBook Air joined by a solid price drop on Apple’s latest 10-core 512GB M3 24-inch i.....»»
Openlane Q1 earnings: Net income rises 46%; revenue down 1%
Openlane said wholesale used-vehicle sales facilitated through its online marketplace rose 13 percent in the first quarter......»»
Blowout deal: grab Apple"s M2 Pro MacBook Pro for $1,599 today only
A flash price drop on Apple's 14-inch MacBook Pro with an M2 Pro chip is in effect today only, driving the price down to $1,599 during B&H's 24-hour Deal Zone.Save $400 on this MacBook Pro today only.B&H's latest Deal Zone consists of a blowout barga.....»»