Sonic Automotive Q1 net income drops 51%
Sales at Sonic Automotive's EchoPark brand rose 34 percent in the first quarter, but the auto retailer saw lower gross profits per new and used retail vehicles, as well as lower sales volume from its franchised dealerships......»»
Top 5 stories of the week: Stellantis succession planning; Carlos Ghosn loses battle over yacht
A quick look at the top automotive stories of the week as determined by reader interest......»»
Deals: Titanium Apple Watch Series 10 and 42mm models from $369, Up to $600 off MacBook Pro, and more
The lowest prices we have tracked yet on Apple’s brand new iPhone 16 cases continue today alongside some additional price drops from other brands, but the real highlights of today’s roundup come by way of deals on Apple Watch Series 10 and MacBoo.....»»
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......»»
Deals: Apple iPhone 16 cases $30, $1,000 off M2 iPad Pro, 16GB M3 MacBook Air, Apple Home Key lock, more
Today’s price drops are selling out fast folks – we have already seen the best price ever on the new AirPods 4 come and go. But you can still score the all-time low on Apple’s brand new iPhone 16 cases as both the silicone and clear Camera Cont.....»»
Auto industry preps for unprecedented USMCA review as crucial elections loom
The auto industry is preparing for a first-of-its-kind review of the United States-Mexico-Canada Agreement in 2026, a process that could significantly impact automotive trade rules in the region......»»
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......»»
Toyota drops ‘Prime" name for ‘Plug-in Hybrid" instead
Toyota will abandon the "Prime" designation to represent its plug-in hybrids, and will instead revert to just calling them what they are......»»
Small accounts, big decisions: How multiple savings impact retirement payout choices
New study shows that retirees are more likely to cash out smaller retirement accounts instead of turning them into steady income streams, even though they might do the opposite with larger accounts. This choice can hurt their long-term financial secu.....»»
Tesla Full Self Driving requires human intervention every 13 miles
It gave pedestrians room but ran red lights and crossed into oncoming traffic. Enlarge / An independent automotive testing company has evaluated Tesla FSD, and it found some concerning results. (credit: PonyWang/Getty Images).....»»
1 Thing We"re Talking About: Walser unveils technician training lab
Walser Automotive Group and WSU Tech took the wraps off an automotive lab to train technicians and address growing interest in the field......»»
GM, Piston plot hydrogen fuel cell factory in Detroit
GM and Piston Automotive are plotting a hydrogen fuel cell factory in Detroit, GM's first standalone plant for fuel cell production......»»
Ford CEO: Being kind not ‘natural to me"
Ford's CEO, at a dinner honoring the 2024 Automotive News Rising Stars, gave advice on identifying talent, managing time and improving himself......»»
Daily 5 report for Sept. 24: EV realities set in at Automotive News Congress
It's not all doom and gloom despite EV sales not meeting growth expectations, but clearly the time for happy talk has ended......»»
Lower-income households have high auto payments, according to Bank of America
The customers who purchased vehicles during the height of the inventory shortages are still feeling the strain; lower-income households seem to be feeling that strain the most......»»
Amazon-Hyundai pilot delays causing dealer frustration, NADA CEO says
A panel discussion at the Automotive News Congress Sept. 24 focused, in part, on the Amazon-Hyundai pilot and dealer distribution models......»»
Scenes from the 2024 Automotive News Congress
Discussions addressed issues such as EV adoption, the election and the impact of Chinese automakers......»»
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......»»
Deals: First price drops on AirPods 4, M3 Pro MacBook Pro $500 off, M2 iPad Air offers, MagSafe chargers, and more
Alongside ongoing all-time lows on the black titanium Apple Watch Ultra 2, we are also now tracking the very first price drops on the new AirPods 4 starting from $119 as well a discount on Apple’s AirPods Pro 2. From there we move over to the 512GB.....»»
Car software patches are over 20% of recalls, study finds
How automotive recalls are handled has shifted over time. Enlarge (credit: Getty Images) Software fixes are now responsible for more than 1 in 5 automotive recalls. That's the key finding from a decade's worth of Nationa.....»»
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......»»