Tekion"s big dealership experiment is a big win
Tekion, in an unusual move, purchased two Gilroy, Calif., dealerships in 2020 and used them to test its dealership management system and iron out any kinks. Executives say the plan succeeded beyond expectations......»»
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,.....»»
STEM program for middle- and high-school girls inspires brilliance
In a classroom on Georgia State's Atlanta Campus, more than a dozen middle and high school girls are wearing lab coats and peering into test tubes. They're conducting an epidemiology experiment—the study of how diseases are spread. It's just one of.....»»
McGovern Automotive"s deal to buy Mercedes store isn"t just business — it"s personal
Sellers Allan Sockol and Scott Coleman's values align with rapidly growing McGovern, and they will remain involved in the dealership as partners......»»
Investigating adaptive strategies of high and low nucleic acid prokaryotes
A research team conducted a 73-day large-volume Aquatron macrocosm experiment, utilizing flow cytometry and dilution experiments to thoroughly investigate the temporal changes and influencing factors in the abundance, growth rate, and mortality of hi.....»»
Experiment sets new record in search for dark matter
Figuring out the nature of dark matter, the invisible substance that makes up most of the mass in our universe, is one of the greatest puzzles in physics. New results from the world's most sensitive dark matter detector, LUX-ZEPLIN (LZ), have narrowe.....»»
Judge upholds $350,000 award against Michigan dealership for wrongful repossession
A federal judge upheld a $350,000 punitive damages award against a Michigan dealership in a spot delivery and wrongful repossession case......»»
Researcher explores how you can stretch your mind to grasp quantum entanglement
My new article, "Quantum Entanglement of Optical Photons: The First Experiment, 1964–67," is intended to convey the spirit of a small research project that reaches into uncharted territory. The article breaks with tradition, as it offers a first-pe.....»»
Carbon emissions from forest soil will likely grow with rising temperatures
The soils of northern forests are key reservoirs that help keep the carbon dioxide that trees inhale and use for photosynthesis from making it back into the atmosphere. But a unique experiment led by Peter Reich of the University of Michigan is showi.....»»
Service tip: Use each customer"s data during phone calls to ensure meaningful engagement
Service-to-sales phone calls are a crucial touchpoint in any dealership's customer engagement strategy, says Kurt Philippsen, dealer relations manager at automotiveMastermind......»»
2 FTC commissioners call dealership discrimination claim by agency an overreach
The Coulter Motor Co. case saw further debate among the Federal Trade Commission over the validity of the agency bringing discrimination claims using the FTC Act's unfair practices language......»»
CDK Global to pay $100 million to settle dealership antitrust suit
The proposed settlement, which requires a judge's approval, avoids a planned September trial. It does not affect other pending litigation against CDK......»»
Average dealership pretax profit slipped 33% in the first half of 2024, report says
The report from Presidio Group and NCM Associates also found the typical dealership hasn't reduced expenses quickly enough amid profitability declines......»»
Asbury Automotive sells Chevy store, Escude Automotive buys two S.C. stores
Publicly held Asbury Automotive Group sold another dealership, while Anderson Automotive Group also shed two stores......»»
Why dealership volumes at auctions are ‘No. 1 concern"
The role of AI and the potential impact of the presidential election also were among topics discussed by National Auto Auction Association leadership at Manheim Detroit......»»
Holman invests in FM Capital; both will boost auto tech deals
Holman is a conglomerate that owns a alrge dealership group and its own venture capital arm......»»
Researchers discover new way to purify liquid argon for neutrino experiments
Construction workers have finished the excavation of the huge caverns that will house the international Deep Underground Neutrino Experiment. While engineers and technicians are preparing for the installation of the gigantic neutrino detectors into t.....»»
Lab experiment shows Joro spider heart rates fluctuate less under stress
A pair of entomologists at the University of Georgia has found that Joro spider heart rates fluctuate less when they are experiencing stress compared to similar spiders. In their study, published in the journal Physiological Entomology, Andrew Davis.....»»
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......»»
Dealership not on the hook for customer"s repairs done at independent shop, tribunal rules
A British Columbia dealership group isn't obligated to cover the parts, labor and towing costs for a service customer who had repairs done at an independent shop, the province's Civil Resolution Tribunal has ruled......»»
Dealership yanks Utah State coaches" free cars
Murdock Auto Team ended its sponsorship of Utah State athletics after the school fired its head football coach and others in connection with a domestic violence case......»»