Senators introduce bipartisan bill directing FTC to redo auto dealership regs
A new bill from Sens. Jerry Moran, R-Kan., and Joe Manchin, D-W.Va., would direct the FTC to "redo" the proposal by requiring the agency to issue an advanced notice of proposed rule-making for public input — a regulatory step the lawmakers say was.....»»
Fla. dealership employee indicted for first-degree murder in death of co-worker
Steve Tilbury is accused of fatally striking his co-worker with a metal baseball bat in a premeditated attack......»»
UAW makes gains at auto suppliers — but it could come at a cost
The 2023 negotiations between the international UAW and Detroit 3 inspired local union leaders to take more of a hardline approach when bargaining with companies in the supply chain......»»
Do we have Microsoft to thank for the iPhone?
Where would Apple be today without Microsoft's and Bill Gates' act of financial generosity?.....»»
Celebrity group"s 4 dealerships sue CDK over cyberattack
Celebrity Motor Car Co.'s four dealerships have all sued CDK Global, accusing it of soliciting business by relating the risks of a dealership breach and the cybersecurity CDK could provide — only to be hacked itself and unavailable to retailers aft.....»»
JP Clausen brings auto, tech experience to GM manufacturing
JP Clausen, who previously worked for Tesla, Google and Lego, joined GM in April to succeed the retiring Gerald Johnson executive vice president of global manufacturing and sustainability......»»
5 best Amazon Prime Video movies to stream this Labor Day weekend
Our for movies to watch for Labor Day Weekend include an early comedy from Bill Murray and an underrated buddy cop movie......»»
GTA 5 for PS5 is just $20 at Target today
Grand Theft Auto V has been out for a minute, but now you can own the 2022 PS5 edition for only $20 when you purchase at Target!.....»»
California passes controversial bill regulating AI model training
As the world debates what is right and what is wrong about generative AI, the California State Assembly and Senate have just passed the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act bill (SB 1047), which is one of the fir.....»»
California legislature passes controversial “kill switch” AI safety bill
Governor will balance worries about "over-regulation" with calls from AI luminaries. Enlarge / California governor Gavin Newsom will likely soon face a decision on whether to sign SB-1047. (credit: Ray Chavez/The Mercury News via.....»»
Carvana developing ADESA Kansas City into joint vehicle auction and inspection ‘megasite"
ADESA Kansas City, in Belton, Mo., is the third ADESA auto auction at which Carvana is adding its own inspection and reconditioning processes......»»
Editorial: When Fed lowers rates, don"t take advantage of customers
The Federal Reserve signaled that the highest interest rates in more than two decades should begin falling soon, providing welcome relief for the auto industry......»»
GM"s BrightDrop electric vans to become Chevrolet models
GM's BrightDrop electric vans will become Chevrolet models, the idea being to leverage Chevy's larger dealership network......»»
Dealership catches onto scammer, but plays along until cops arrest him
A video showing a customer taking delivery of two Kia Tellurides, then being arrested for allegedly using a fake driver's license, went viral on TikTok......»»
Behind the scenes: A dealership transaction in New Jersey
Automotive News gets glimpses of a dealership closing in Little Silver, N.J......»»
Vinnie Johnson"s Piston Group wins scathing verdict in longtime minority certification fight
The verdict ends a legal feud that’s been stewing since early 2021. At stake was a lucrative minority certification that helped the auto supplier win business from automakers. The fast-growing supplier has topped $3 billion in revenue and employs 1.....»»
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,.....»»
Fintech expert breaks down a disparity in lending to Uber drivers
Traditional prime auto lenders financed far fewer gig drivers than subprime lenders......»»
Study explores how active management relates to Australian forest management
Acting President of Forestry Australia Dr. Bill Jackson says "active management" is a common term in Government and forest stakeholder reports, policies, and strategies in Australia and around the world, but up until now, it has not been well defined.....»»
McGovern Automotive"s deal to buy Mercedes store isn"t just business — it"s personal
Sellers Allan Sockol and Scott Coleman's values align with rapidly growing McGovern, and they will remain involved in the dealership as partners......»»
OpenAI gets called out for opposing a proposed AI safety bill
"When actual regulation is on the table, he opposes it," the researchers wrote of OpenAI CEO Sam Altman......»»