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Sonic Automotive Sells Alabama North Carolina Car Dealerships - Latest Technology News | TechNewsNow.com :: TechnewsNow.com
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Sonic Automotive sells Alabama, North Carolina car dealerships

Sonic Automotive revealed last week that it sold three dealerships in the second quarter. The separate deals involved two stores in Alabama and one dealership in North Carolina......»»

Category: topSource:  autonewsAug 2nd, 2023

Nissan cuts output of 2 core models, including bestselling Rogue

In a memo to retailers obtained by Automotive News, Nissan said it will cut production of the Rogue crossover and Frontier pickup by up to 40,000 vehicles......»»

Category: topSource:  autonewsRelated NewsSep 11th, 2024

Daily 5 report for Sept. 10: Magna pumps the brakes on a North American plant

With EV sales growth slowing, Magna says getting an automaker to commit long term is difficult......»»

Category: topSource:  autonewsRelated NewsSep 11th, 2024

Lucid teases midsize model for 2026; says Gravity EV will use Tesla"s NACS plug next year

Lucid's three-row Gravity crossover will use Tesla's NACS plug next year while its lower-cost midsize model will target the Tesla Model Y in 2026, CEO Peter Rawlinson tells Automotive News......»»

Category: topSource:  autonewsRelated NewsSep 10th, 2024

Ex-NFL wide receiver Kevin Johnson buys Ford car dealership

Drafted by the Cleveland Browns, Kevin Johnson ended his football career in Detroit. The dealership acquisition marks Johnson's foray into automotive retail......»»

Category: topSource:  autonewsRelated NewsSep 10th, 2024

Lucid teases "midsize" model for 2026; says Gravity EV will use Tesla"s NACS plug next year

Lucid's three-row Gravity crossover will use Tesla's NACS plug next year while its lower-cost 'midsize' model will target the Tesla Model Y in 2026, CEO Peter Rawlinson tells Automotive News......»»

Category: topSource:  autonewsRelated NewsSep 10th, 2024

Magna CEO says North American contract assembly plant unlikely amid heightened uncertainty

Magna is pumping the brakes on a potential North American vehicle assembly plant as the supplier signals a more cautious approach to its contract manufacturing business......»»

Category: topSource:  autonewsRelated NewsSep 10th, 2024

Jeep seeks ‘perfect quality" on EV launch in quest to reverse sales slide

The brand originally vowed it would launch the Wagoneer S this fall, but CEO Antonio Filosa said he needs to ensure the EV is high quality before sending it to dealerships......»»

Category: topSource:  autonewsRelated NewsSep 10th, 2024

Lithia Motors enters north Florida, buys 3 dealerships

Lithia expects the stores to add more than $200 million in annual revenue......»»

Category: topSource:  autonewsRelated NewsSep 10th, 2024

X hires ex-Hyundai marketer Angela Zepeda as global head of marketing

X CEO Linda Yaccarino says the former automotive marketer will “further shape our transformation.”.....»»

Category: topSource:  autonewsRelated NewsSep 9th, 2024

Asbury not the only company to battle the FTC instead of settle, attorney says

Jean Noonan, a partner at the Hudson Cook law firm and a former Federal Trade Commission regulator, discusses settling FTC investigations versus fighting them as the car dealer Asbury Automotive Group has done......»»

Category: topSource:  autonewsRelated NewsSep 9th, 2024

Asbury denies FTC allegations, outlines internal processes in new filing

Asbury Automotive Group Inc. described internal policies on payment quotes and auditing deals for compliance in its formal answer denying the Federal Trade Commission's allegations against the national dealership group......»»

Category: topSource:  autonewsRelated NewsSep 9th, 2024

47 states fail to meet the ideal ratio of chargers to EVs, report says

Only the District of Columbia and three states — Vermont, Massachusetts and Rhode Island — have the prime ratio of electric vehicles to public chargers, according to the report by Here Technologies and SBD Automotive......»»

Category: topSource:  autonewsRelated NewsSep 9th, 2024

The Mosquito-Borne Disease ‘Triple E’ Is Spreading in the US as Temperatures Rise

Eastern equine encephalitis, which has a high mortality rate, is becoming more common in North America as climate changes expands the habitats of insects......»»

Category: gadgetSource:  wiredRelated NewsSep 7th, 2024

Now an established luxury brand, Genesis is refining strategy to win loyal customers

Hyundai's premium brand expects more growth on strong product, new dedicated dealerships and a focus on loyalty......»»

Category: topSource:  autonewsRelated NewsSep 7th, 2024

Top 5 stories of the week: Jeep gets new North America boss; August U.S. vehicle sales

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsSep 6th, 2024

Top 5 stories of the week: Jeep gets new North America boss; August vehicle sales strong

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsSep 6th, 2024

Why are U.S. dealers getting more pessimistic about the market? This Cox Q3 poll gives clues

Pessimism crept into franchised car dealers' outlooks during the third quarter, according to a Cox Automotive Dealer Sentiment Index poll, which also found that interest rates and consumers' political uncertainty continue to burden dealerships......»»

Category: topSource:  autonewsRelated NewsSep 6th, 2024

Bat population collapse linked to increased pesticide use and more than 1,000 infant deaths

Bats are considered a natural pesticide, widely relied on by farmers as an alternative to chemical pesticides to protect their crops from insects. But since 2006, many bat populations have collapsed in counties in North America due to an invasive fun.....»»

Category: topSource:  physorgRelated NewsSep 5th, 2024

FBI busts musician’s elaborate AI-powered $10M streaming-royalty heist

Feds say it's the first US criminal case involving artificially inflated music streaming. Enlarge (credit: anilyanik via Getty Images) On Wednesday, federal prosecutors charged a North Carolina musician with defrauding s.....»»

Category: topSource:  arstechnicaRelated NewsSep 5th, 2024

Retail tech company Xcite Automotive plans to raise venture capital after AI acquisition

Xcite, known for reconditioning vehicles and photographing them for dealer websites, purchased Double4 AI to enhance its tech-driven products and services......»»

Category: topSource:  autonewsRelated NewsSep 5th, 2024