Rosenthal Automotive Organization buys Honda, Acura, Mazda and Hyundai-Genesis dealerships
Rosenthal Automotive Organization purchased four dealerships in the Philadelphia area last month......»»
HITRUST unveils AI Risk Management Assessment solution
HITRUST launched its AI Risk Management (AI RM) Assessment, a comprehensive assessment approach for AI risk management processes in an organization. The HITRUST AI Risk Management Assessment ensures that governance associated with implementing AI sol.....»»
How a former BMW exec"s advice helped shape an ADAS specialist"s focus
Provizio CEO Barry Lunn was told early on that cost was king in the automotive sector, which inspired him to try to make advanced driver assistance systems affordable for every vehicle......»»
F&I tip: CarShield case a reminder to make sure customers understand service contracts
There's a lesson for dealerships in the $10 million CarShield settlement with the Federal Trade Commission, says Zeigler Auto Group COO Sam D'Arc: Make sure staff can explain what customers are buying......»»
Mazda incentives soar, putting pressure on profits, upmarket move
Spiraling incentives nearly wiped out Mazda's operating profit in the latest quarter, as the company spent more to sell more. Volume and market share are growing. But it comes at a big price, with U.S. spiffs nearly double their level a year ago......»»
Strategies for security leaders: Building a positive cybersecurity culture
Culture is a catalyst for security success. It can significantly reduce cybersecurity risks and boost cybersecurity resilience of any organization. Culture can also greatly enhance the perceived value, relevance and reputation of the cybersecurity fu.....»»
Karma Ivara crossover to launch as plug-in hybrid, not EV
Karma Automotive sees promise with plug-in hybrid powertrains, or what it refers to as energy range-extended vehicles, but still plans to offer an EV......»»
Scott Painter, TrueCar"s co-founder, reworks follow-up Autonomy
Autonomy is launching Autonomy Data Service, a platform for car dealerships and others that want to establish their own subscription service......»»
Four things ancient Greeks and Romans got right about mental health
According to the World Health Organization, about 280 million people worldwide have depression and about one billion have a mental health problem of any kind......»»
Open Road Capital adds five dealerships in two deals
Retail auto investment firm Open Road Capital and Jesse Hord bought four New York dealerships, while Open Road expanded on the West Coast in a new partnership......»»
Rhode Island dealerships settle deceptive sales claims for $1 million
Six Rhode Island dealerships have settled with the state attorney general over allegations of deceptive sales practices......»»
Coulter Motor Co. settles vehicle pricing add-ons case with FTC, Arizona for $2.6 million
The owner of dealerships Coulter Cadillac Tempe and Coulter Buick GMC Tempe and a former general manager of the stores have agreed to pay a combined $2.6 million to settle allegations of bait-and-switch advertising, price discrimination and improper.....»»
Asbury Automotive sells Chevy store, Escude Automotive buys two S.C. stores
Publicly held Asbury Automotive Group sold another dealership, while Anderson Automotive Group also shed two stores......»»
FTC files administrative complaint against Asbury, alleges payment packing, discrimination in Texas
The Federal Trade Commission has filed an administrative complaint against Asbury Automotive Group, alleging payment packing, adding F&I products without consumer knowledge and charging Black and Latino customers more than white ones......»»
Top 5 stories of the week: The promise of solid-state EV batteries; Nissan"s U.S. struggles
A quick look at the top automotive stories of the week as determined by reader interest......»»
Acura hatches a more extreme Integra Type S with Honda Racing assist
The prototype's development was led by Honda Racing Corp. U.S., which handles Honda and Acura racing programs in North America......»»
Acura Performance EV Concept previews the brand"s second EV
The future EV, likely a compact crossover, will be the first to come from Honda's Ohio EV hub and is scheduled to begin production late 2025......»»
Lawsuit accuses Stellantis, Maserati of blocking sale of N.Y. dealerships
Dualed Alfa Romeo and Maserati dealerships in Great Neck, N.Y., have sued Stellantis and Maserati North America for denying an application to transfer the franchises......»»
Solera Auto Finance bought by managers, Obra Capital; now called Arra Finance
Solera Auto Finance's leadership has purchased the lender in a management buyout with partner Obra Capital and renamed the company Arra Finance. It will write subprime auto loans at new- and used-car dealerships......»»
New $72 million battery testing lab near Detroit expands UL Solutions global capabilities
UL Solutions, the 130-year-old testing organization, opened its $72 million Detroit area battery lab Aug. 7 with the aim of reducing electric vehicle fires......»»
Karma Automotive and Intel to partner on software-defined vehicle architecture development
Karma Automotive and Intel plan to partner on software-defined vehicle architecture development......»»