Sonic cuts EchoPark footprint amid used-vehicle struggles
In a significant change of fortune for EchoPark, Sonic Automotive Inc. has indefinitely suspended operations at eight used-only locations and will take a second-quarter impairment charge......»»
NASA chief to scientists on budget cuts: “I feel your pain”
"I can't go and print the dollars." Enlarge / Administrator Bill Nelson delivering remarks and answering questions from the media at the OFT-2 prelaunch press conference. (credit: Trevor Mahlmann) Ars Technica recently h.....»»
Nissan dealership profits tank amid U.S. sales struggles
The average Nissan dealership earned 70 percent less in the first half of the year than in 2023, with more than a third of stores losing money, according to data obtained by Automotive News......»»
Kia-Hyundai anti-theft fix is working after years of viral video exposure, study finds
A study by the Highway Loss Data Institute find that a software device developed by the companies to prevent vehicle theft dropped claim rates by 53 percent......»»
The cheapest Tesla Cybertruck is $99,990; promised $60K model canceled
When the Cybertruck debuted in 2019 it was supposed to start at $39,900. Enlarge / The Cybertruck remains a divisive vehicle. (credit: Jonathan Gitlin) When Tesla CEO Elon Musk first unveiled the Cybertruck in 2019, the.....»»
Apple"s 15-inch MacBook Air M3 gets hefty price cut, on sale from $1,049
Apple resellers are competing for your business with larger-than-normal price cuts on the M3 15-inch MacBook Air, which was released in 2024.Grab record low prices on M3 MacBook Air models.Amazon has paved the way with a $250 discount on retail confi.....»»
More than greenwashing? Sustainable aviation fuels struggle to take off
Alternative fuels are intended to reduce the carbon footprint of airlines. Enlarge / Sustainable aviation fuels could help cut carbon emissions from commercial flights. (credit: Costfoto/NurPhoto via Getty Images) Last.....»»
The EV sales reality has settled in — and suppliers worry they"ll be left holding the bag
The sunny electric vehicle forecasts of past CAR Management Briefing Seminars gave way to a cloudier picture this year......»»
CarGurus marketplace biz grows; digital wholesale struggles
The vehicle listings company reported double-digit growth for its marketplace business, but digital wholesale remains a work in progress.....»»
Still-churning remnants of Tropical Storm Debby prompted Raleigh auto dealerships to move vehicles
Hanna Imports, a used-vehicle dealership in Raleigh, N.C., relocated around 200 vehicles ahead of the storm, General Manager Chris Selfani said......»»
Toxic Olympics gender debate emphasizes the struggles of cis and trans women athletes, says academic
The gender firestorm that has erupted at the Paris Olympics surrounding Algerian boxer Imane Khelif only highlights the challenges all women athletes face, according to a University of South Australia academic......»»
Still-churning Tropical Storm Debby prompted Raleigh auto dealerships to move vehicles
Hanna Imports, a used-vehicle dealership in Raleigh, N.C., relocated around 200 vehicles ahead of the storm, General Manager Chris Selfani said......»»
Search for local EV battery materials is on amid U.S.-China trade tensions
More should be done to secure critical materials for electric vehicle batteries as the EV supply chain in the U.S. grows in the coming years, executives said at the CAR Management Briefing Seminars......»»
Openlane"s vehicle volume up 7%, revenue rises 3.6% in Q2
The CDK outage in June disrupted operations for some of Openlane's clients, which had a "small" impact on the company's second-quarter volume, its CEO said......»»
Sonic executive calls out automakers for inventory pileups
Sonic said its days' supply for some brands is as much as 200 days......»»
Intel shareholders sue chipmaker after job, dividend cuts cause stock plunge
Intel shareholders sue chipmaker after job, dividend cuts cause stock plunge.....»»
Lexar Professional Go Portable SSD with Hub cuts iPhone videography cables
Lexar's Professional Go Portable SSD with Hub could be an iPhone filmmaker's dream, offering the benefits of externally recorded footage in a very compact package.Lexar Professional Go Portable SSD with HubApple's introduction of USB-C in the iPhone.....»»
Auto suppliers are slashing R&D. That could turn into a big problem.
Some of the world’s largest, most tech-savvy parts producers have hit the brakes on spending due in part to electric vehicle launch delays and a dim outlook for returns on investment......»»
Openlane"s vehicle volume up 7%, revenue rises 4% in Q2
The CDK outage in June disrupted operations for some of Openlane's clients, which had a "small" impact on the company's second-quarter volume, its CEO said......»»
2 women die from injuries in Friday"s multi-vehicle crash in Hattiesburg
2 women die from injuries in Friday"s multi-vehicle crash in Hattiesburg.....»»
Watch SpaceX Falcon 9 rocket generate sonic boom during landing (video)
Watch SpaceX Falcon 9 rocket generate sonic boom during landing (video).....»»