Sonic Automotive Q4 net income soars despite EchoPark, powersport segment struggles
The retailer's fourth-quarter revenue was flat compared with a year earlier......»»
Live talk at noon Monday: Women and diversity in the auto industry
Cheryl Thompson, founder and CEO of the Center for Automotive Diversity, Inclusion and Advancement, will join Automotive News for a live chat......»»
ZT Corporate buys 4 Greenway Automotive stores
ZT Automotive is owned by ZT Corporate, a wealth management firm that acquires and operates dealerships......»»
Top 5 stories of the week: Toyota"s big North Carolina investment; EV startups struggle
A quick look at the top automotive stories of the week as determined by reader interest......»»
VW"s Pablo Di Si to speak at Automotive News Congress
Other featured panelists include NADA CEO Mike Stanton and Amazon's Fan Jin.....»»
Automotive News is Magazine of Year
Automotive News won 3 National Gold Awards and 10 regional honors in the 2024 Azbees competition, as well as 3 Jesse H. Neal Awards......»»
Six public franchised dealership groups sweeten 2023 CEO pay with extras as Lithia"s DeBoer sees largest gain
Lithia, AutoNation, Asbury, Penske, Sonic and Group 1 pay a relatively modest base CEO salary but then sweeten compensation with other incentives. DeBoer's 2023 total jumps 73 percent......»»
Tesla"s March registrations fall 12% as rivals gain EV share, U.S. data shows
Overall, registrations for battery-electric vehicles rose 3.8% in March compared with the year-earlier month. Ford, Hyundai and Kia gained significant share in the EV segment, S&P Global Mobility said......»»
CallRevu buys TotalCX, aims to dominate dealership calling tech
Private equity firm Serent Capital wants to grow CallRevu into a major player for retail automotive industry call monitoring analytics software......»»
Penske Automotive looks to sell some CarShop stores in UK, rebrand others
Penske Automotive Group is considering closing one CarShop store in the U.K......»»
Family Car Group to buy Moffitt Automotive
Family Car Group is set to buy Moffitt Automotive, which has Audi, Porsche, Mazda and Volkswagen dealerships in Louisiana......»»
Tesla Cybertruck beats Rivian R1T in March registrations, but Ford leads in EV pickups
In its fourth month on sale, the Tesla Cybertruck had 1,158 registrations versus the Rivian R1T's 548. The Ford F-150 Lightning led the EV pickup segment with 2,893, S&P Global Mobility data showed......»»
Google wants to Streamline App Development for Android Auto
Google has announced a ton of new updates for Android across different categories, including automotive. The post Google wants to Streamline App Development for Android Auto appeared first on Phandroid. While day one of Google I/O was focu.....»»
Input from young and aspiring technicians wanted for survey
TechForce Foundation is soliciting feedback from new technicians and high school and post-secondary students enrolled in automotive training programs for its inaugural Techs Talk survey......»»
Volvo"s Q1 EV sales plunge: A momentary blip or a sign its 2030 plan is in jeopardy?
Volvo EV sales in the U.S. plummeted 65 percent in the first quarter. According to Cox Automotive estimates, it was the largest year-over-year percentage decline in the luxury segment......»»
New iPad Pro display struggles to display some shades of blue
The OLED screen is the headline feature of the shiny new iPad Pro, but it seems that a little more software tweaking may be needed. Testing by one reviewer found that the device struggles to display certain shades of blue. Specifically, HDR highli.....»»
Sonic Automotive aims to add 300 service technicians by year end
The groupso far this year has added about 40 technicians......»»
Subaru to team with Toyota on 3 new EV crossovers through 2026; net income soars
Subaru says it will lean on Toyota for next three all-electric crossovers and shift production of the best-selling Forester, including a new hybrid version, to the U.S. Meanwhile, annual net income nearly doubled to 385.1 billion yen ($2.55 billion)......»»
What will high vehicle prices and interest rates mean for the auto finance market in 2024?
Automotive News asked five auto finance experts to share their thoughts on these challenges and what affordability constraints might mean for the months ahead......»»
Top 5 stories of the week: Earnings from Rivian, Toyota and Nissan; GM"s fleet strategy
A quick look at the top automotive stories of the week as determined by reader interest......»»
CarGurus reports net income jump, more digital wholesale losses
The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing......»»