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......»»
Port workers strike from Texas to Maine, threatening light-vehicle shipments
The strike could stop the flow of everything from food to automobiles at major ports, potentially jeopardizing jobs and stoking inflation weeks ahead of the U.S. presidential election......»»
September sales fall at Hyundai, Kia
U.S. new-vehicle sales are expected to drop in September and the third quarter, with analysts expecting volatility the rest of the year, as affordability remains a challenge and the U.S. presidential election looms......»»
A Tesla camera in Ohio captures heist as police discover a new crime-fighting tool
A Tesla owner in Toledo, Ohio, shared video footage of thieves stealing his brother's SUV, helping police recover the vehicle and make an arrest. Tesla external security cameras are assisting with similar crimes nationwide......»»
Scientists fear underfunded Argentina research on verge of collapse
Argentine biochemist Alejandro Nadra worries that President Javier Milei's budget cuts will undo his scientific quest to unravel the cause of genetic diseases that disable and kill millions......»»
Stellantis cuts 2024 profit outlook as US sales crisis deepens
Stellantis cuts 2024 profit outlook as US sales crisis deepens.....»»
CDK wins DMS contract extension with Sonic Automotive
The contract extension with Sonic is a win for market leader CDK, which faced challenges over the summer after two cyberattacks......»»
Intel’s instability update cuts speed by up to 6.5% — but don’t panic yet
Now that Intel has released its big update to address instability on 13th-gen and 14th-gen CPUs, users are testing the performance claims......»»
Some 500 scientists to be impacted when Europe lab CERN cuts Russia ties
Europe's physics lab CERN said Sunday that some 500 scientists linked to Russian institutes will be affected when it stops cooperation with Russia in late November as planned......»»
Stellantis cuts 2024 forecast on costs for U.S., Chinese competition
The profit margin will be dented by lower-than-expected sales in the second half across most regions, Stellantis said. .....»»
Daily 5 report for Sept. 26: This Jeep story reinforces why auto shows are suffering
What better way to make a new-vehicle splash than to do the unveiling on the 46th floor of a Tokyo high-rise with a breathtaking view of the nation's capital?.....»»
EV sales remain healthy despite online doom and gloom
Battery EVs are expected to account for more than 8 percent. Enlarge (credit: Aurich Lawson | Getty Images) Battery-electric vehicles accounted for 8 percent of new vehicle sales in June and July of this year and should.....»»
Apple cuts interest rate for Apple Card Savings Account
Apple and Goldman Sachs are cutting the interest rate offered by Apple Card Savings Account from 4.4% to 4.25%. The move was announced in push notifications sent to Apple Card users on Tuesday evening. more….....»»
Samsung Wants Better Software Integration Between Cars and its Phones
Samsung recently announced a new collaborative effort alongside Hyundai Motors and Kia. The post Samsung Wants Better Software Integration Between Cars and its Phones appeared first on Phandroid. The continued modernization of in-vehicle i.....»»
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......»»
Study reveals mallards" flight responses ineffective in preventing vehicle collisions
An article published in PeerJ Life & Environment has uncovered insights into how mallards (Anas platyrhynchos) respond to approaching vehicles, revealing that these common waterbirds are poorly equipped to avoid collisions, particularly at high speed.....»»
With fewer prime used cars, dealers innovate in complex market
Fewer off-lease vehicle returns predicted for 2024 and 2025 set the stage for more competition for less-aged used vehicles and higher costs to acquire them......»»
Rolls-Royce brings white-glove vehicle customization to U.S.
The New York Private Office joins similar hubs in Dubai and Shanghai. Los Angeles and Miami are on the short list for a future design studio......»»
Study shows virtual reality may help pedestrians and cyclists avoid harmful pollutants
Physics-informed virtual reality could be key to reducing the exposure of pedestrians and cyclists to harmful, non-exhaust vehicle emissions, according to a study published 25 Sep in the Royal Society Open Science journal......»»
Rivian launches pre-owned vehicle sales, joining Tesla in growing used EV market
Rivian has launched pre-owned sales of R1T and R1S models. Demand for used electric vehicles is solid because steep depreciation makes them a good value compared with gasoline cars, iSeeCars says......»»
Ford"s Marin Gjaja: Dispelling EV misperceptions is key
The COO of Ford's electric vehicle business unit said car shoppers don't fully realize the benefit of charging at home or having an in-vehicle generator......»»