Three dealerships sold in Tennessee
Dealer Bill Gatton has sold three of his dealerships, all in Bristol, Tenn., to different buyers this quarter......»»
VinFast adds 12 U.S. dealerships, including 5 in Florida and 4 in Texas
The Vietnamese automaker says it now has 18 stores across seven states. The new locations will start selling the VF 8 crossover and later receive the bigger VF 9 and smaller VF 7 models......»»
How One Corporation Is Cashing In on America’s Drought
In an unprecedented deal, a private company purchased land in a tiny Arizona town—and sold its water rights to a suburb 200 miles away. Local residents fear the agreement has “opened Pandora’s box.”.....»»
VW workers in Tennessee vote to unionize, giving UAW first win in the South
The UAW claimed victory by a 2,628-985 vote after two failed attempts in the past decade to organize Volkswagen's Chattanooga plant......»»
Whistleblower reveals 2023 CareGard cyberattack, says F&I company concealed it from partners
AFG Cos. was unprepared for a ransomware attack last summer, for months had been unsure of the extent of the breach, and as of early this month hadn't alerted automaker partners or the agents selling its coverage to dealerships, a whistleblower alleg.....»»
Former AFG exec reveals 2023 CareGard data breach, criticizes company"s response
AFG Cos. was unprepared for a ransomware attack last summer, for months had been unsure of the extent of the breach, and as of early this month hadn't alerted automaker partners or the agents selling its coverage to dealerships, a whistleblower alleg.....»»
Billions of public Discord messages may be sold through a scraping service
Cross-server tracking suggests a new understanding of "public" chat servers. Enlarge (credit: Getty Images) It's easy to get the impression that Discord chat messages are ephemeral, especially across different public ser.....»»
Ford resumes shipping 2024 F-150 Lightning to dealers after 2-month delay
Ford had issued a stop-ship order for the top-selling electric pickup Feb. 9, shortly after the 2024 model started going out to dealerships in January......»»
Morgan Stanley fires back at iPhone doomsday research
One investment firm isn't so sold on tales of disastrous iPhone order cuts, and instead, is bullish on what they see as better than expected order volume across Apple's supply chain.iPhone 15 Pro Max — Apple's current sales leaderIn what has become.....»»
New IRS e-filing rule for cash transactions in effect for dealers
Dealerships that file 10 or more of certain tax forms — such as W-2s and 1099s — had to do so electronically for the 2023 tax year. They also had to go digital with Form 8300, which retailers use to report large cash purchases......»»
Chevrolet, Toyota, Infiniti, Nissan and Hyundai dealerships change hands
Two transactions involved auto retailers ranked on Automotive News' list of the top 150 dealership groups based in the U.S......»»
Ford Bronco"s most infamous owner dies
The two-door white Bronco that the former NFL star rode in on June 17, 1994, is now at a crime museum in Tennessee......»»
No longer possible to hide the blue badge of shame on X [U]
Ah, the saga of X’s blue checkmarks! Originally a sign that someone was who they claimed to be, and later sold so that cryptocurrency scammers could see their posts boosted, the company is now coming full circle with some journalists. Update: Af.....»»
Hackable Intel and Lenovo hardware that went undetected for 5 years won’t ever be fixed
Multiple links in the supply chain failed for years to identify an unfixed vulnerability. Enlarge (credit: Intel) Hardware sold for years by the likes of Intel and Lenovo contains a remotely exploitable vulnerability tha.....»»
Apply by April 19 to be considered for expanded Automotive News Best Dealerships To Work For
Apply by April 19 to be considered for Automotive News' expanded Best Dealerships To Work For program in 2024, with new categories and more winners......»»
CarMax Q4 net income falls 27% to $50M; revenue slips 1.7%
The company sold 172,057 retail used vehicles in its fiscal fourth quarter, up 1.3 percent from the year-earlier period. Same-store used-vehicle sales rose 0.1 percent......»»
2025 Mercedes EQS sedan gets beefier battery, updated grille
The 2025 Mercedes-Benz EQS sedan will arrive at U.S. dealerships in the second half of this year. Pricing was not disclosed......»»
Penske Automotive to buy Porsche dealerships in Australia
Penske Automotive Group Inc.'s planned acquisition of two Porsche stores near Melbourne, Australia, is expected to close in the second quarter......»»
BMW reveals new products, retail strategy at dealer meeting
BMW will use technology and data sharing with dealerships to improve the customer experience and drive loyalty and after-sales revenue......»»
Wolfe Automotive enters U.S., buys two Montana dealerships
Wolfe Automotive Group, of Calgary, Alberta, in Canada, has purchased its first two U.S. dealerships......»»
Tim Cook makes $16 million from selling Apple shares
Apple CEO Tim Cook has sold shares in his company worth about $33 million, and received just under half that after tax.As detailed in a filing to the Securities and Exchange Commission, Cook sold 196,410 shares, and did so in multiple batches. Based.....»»