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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......»»

Category: topSource:  autonewsJun 26th, 2023

U.S. new-vehicle market ‘stuck" as buyers wait for relief, sellers try to hang on to profits

The August selling rate was just 15.1 million, disappointing given the addition of the holiday weekend and a sign that cash-strapped consumers are waiting to make big purchases in uncertain times......»»

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

Rocket Report: Falcon 9 lifts its 7,000th Starlink; ABL cuts deep

"Branson was determined to be the first billionaire in space." Enlarge / The second stage of the New Glenn rocket rolls to the launch pad on Tuesday. (credit: Blue Origin) Welcome to Edition 7.10 of the Rocket Report! It.....»»

Category: topSource:  arstechnicaRelated NewsSep 6th, 2024

Toyota cuts 2026 global EV output plans by a third, report says

Toyota will build one million EVs in 2026 instead of 1.5 million, a Japanese newspaper said. Other automakers have scaled back EV plans as sales slow......»»

Category: topSource:  autonewsRelated NewsSep 6th, 2024

Daily 5 report for Sept. 5: Ford joins the hybrid-powered gain in August U.S. sales

Major gain in hybrid vehicle deliveries led Ford's 13% rise in August U.S. sales......»»

Category: topSource:  autonewsRelated NewsSep 6th, 2024

Minitruck, van import enthusiasts wary of potential restrictions in certain states

Kei vehicle owners voiced support for the tiny trucks and vans at the Massachusetts Department of Transportation's board of directors meeting in July......»»

Category: topSource:  autonewsRelated NewsSep 5th, 2024

Insurance companies sue Honda, N.Y. dealership to recoup payout from Pilot fire

Three insurance companies are suing American Honda Motor and a New York dealership to recoup more than $1 million they paid for damages caused when a service customer's parked vehicle caught fire......»»

Category: topSource:  autonewsRelated NewsSep 5th, 2024

FTC urged to make smart devices say how long they will be supported

Sudden subscription fees, lost features causing users "death by a thousand cuts." Enlarge / Spotify released the Car Thing to the general public in February 2022. It's bricking them in December. (credit: Spotify) For so.....»»

Category: topSource:  arstechnicaRelated NewsSep 5th, 2024

9to5Mac Overtime 029: The story of LumaFusion w/ co-founder Terri Morgan

Luma Touch co-founder Terri Morgan joins us to discuss creating LumaFusion, early struggles to gain traction, thoughts on AI and creativity, opinions on in-app subscriptions, and what’s new in LumaFusion 5.0. 9to5Mac Overtime is a weekly video-.....»»

Category: topSource:  pcmagRelated NewsSep 5th, 2024

7 Reasons You Should Consider an Extended Warranty for Your Car

Purchasing a car is a significant investment, and as with any major purchase, you want to ensure that it stays in good condition for as long as possible. One way to protect your vehicle is by purchasing an extended warranty. This type of warranty off.....»»

Category: asiaSource:  phandroidRelated NewsSep 3rd, 2024

The Casting of Frank Stone review: Dead by Daylight spinoff struggles to execute

The Casting of Frank Stone starts strong, but winds up feeling a little too invested in fleshing out Dead by Daylight's lore......»»

Category: topSource:  digitaltrendsRelated NewsSep 3rd, 2024

VW warns of plant closures, job cuts in Germany to reduce spending

VW considers one large vehicle plant and one component factory in Germany to be obsolete, according to the automaker's works council......»»

Category: topSource:  autonewsRelated NewsSep 3rd, 2024

VW warns of plant closures, forced lay offs in Germany in cost-cutting drive

VW considers one large vehicle plant and one component factory in Germany to be obsolete, according to the automaker's works council......»»

Category: topSource:  autonewsRelated NewsSep 2nd, 2024

Schemes linking company bosses" pay to cuts in greenhouse gas emissions are ineffective, research shows

Schemes linking corporate executives' pay to how far their firms cut their greenhouse gas emissions are ineffective, new research says......»»

Category: topSource:  physorgRelated NewsSep 2nd, 2024

Fed"s decision could benefit industry, but how about customers?

Our editorial board weighs in on the possibility of interest rate cuts......»»

Category: topSource:  autonewsRelated NewsAug 31st, 2024

NASA cuts 2 from next SpaceX flight to make room for astronauts stuck at space station

NASA on Friday cut two astronauts from the next crew to make room on the return trip for the two stuck at the International Space Station......»»

Category: topSource:  physorgRelated NewsAug 30th, 2024

How the world of rally racing helps Subaru of America connect and engage with customers, fans

Subaru of America's marketing goes beyond love, dogs and safety. An integral component is derived from its motorsports footprint but especially rally racing......»»

Category: topSource:  autonewsRelated NewsAug 30th, 2024

Carvana developing ADESA Kansas City into joint vehicle auction and inspection ‘megasite"

ADESA Kansas City, in Belton, Mo., is the third ADESA auto auction at which Carvana is adding its own inspection and reconditioning processes......»»

Category: topSource:  autonewsRelated NewsAug 29th, 2024

This tiny backyard bug does the fastest backflips on Earth

Move over, Sonic. There's a new spin-jumping champion in town—the globular springtail (Dicyrtomina minuta). This diminutive hexapod backflips into the air, spinning to over 60 times its body height in the blink of an eye, and a new study features t.....»»

Category: topSource:  pcmagRelated NewsAug 29th, 2024

F&I revenue still possible as leasing returns

As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there's still an opportunity for the finance and insurance office,.....»»

Category: topSource:  autonewsRelated NewsAug 28th, 2024