Three dealerships sold in Tennessee
Dealer Bill Gatton has sold three of his dealerships, all in Bristol, Tenn., to different buyers this quarter......»»
AutoCanada considers selling U.S. stores, reports data breach and $24 million Q2 loss
AutoCanada is exploring the sale of its U.S. dealerships and other “non-profitable and non-core assets,” as the company swung to a loss for the second quarter amid falling sales, a significant used-vehicle inventory writedown and fallout from the.....»»
Texas sues GM for allegedly violating drivers" privacy
Texas Attorney General Ken Paxton said Tuesday's lawsuit arose from a probe announced in June into whether several automakers collected and sold mass amounts of data without drivers' knowledge......»»
Private equity firm buys auto retail ID check, remote notary provider Mavsign
Maverick Document Signings, which provides remote notary and identification verification services to car dealerships, has been purchased by private equity firm 1876 Partners, Colonnade Securities said......»»
Apple forces Patreon to pay 30% of new memberships sold through iOS
Patreon is warning users that channel memberships bought via its iPhone app will shortly be subjected to Apple's 30% in-app payment fees.Patreon logoPatreon is a service that lets content creators have members who pay a subscription to receive exclus.....»»
Oura Ring diary: I’m sold, and Apple should be too
In my first Oura Ring diary piece, I posed the question of whether Apple should make its own smart ring as an alternative health and fitness tool to the Apple Watch. Three weeks later, I’m ready to answer that question with an unequivocal ‘yes.....»»
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......»»
Epic Games and Spotify object to Apple’s new fees – and there’s only one solution
The controversy over Apple’s fees for apps which are sold outside the App Store continues, with both Epic Games and Spotify objecting to the company’s latest attempt to comply with EU antitrust laws. Spotify has described Apple’s latest fee.....»»
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......»»
People are returning Humane AI Pins faster than Humane can sell them, report says
Returned devices are currently e-waste that can't be reassigned, per The Verge. Enlarge / The Humane AI Pin. (credit: Humane) Humane AI Pins were returned at faster rate than they were sold between May and August, accor.....»»
China auto market hits milestone as EVs, hybrids make up half of July sales
Half of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry data showed, a milestone that underscores how far the world's biggest auto market has leapt ahead of Western counterparts in EV adopti.....»»
ACV Auctions says Q2 net loss widened to $17M, revenue rises 29%
ACV Auctions said the number of used vehicles sold by dealers and commercial auto companies on its wholesale marketplace platform grew 22 percent year over year......»»
More dealerships close as Tropical Storm Debby lingers over Southeast
One state auto dealer association leader said he was concerned about the slow-moving nature of the storm......»»
Asbury Automotive sells Colorado, Georgia Nissan car dealerships
Asbury Automotive Group Inc. sold one Colorado dealership and one Georgia store during the second quarter, the dealership group said in its earnings report Aug. 2. The locations have been renamed Alpine Nissan of Denver and Nissan of Cumming......»»
End of an era: Apple"s SuperDrive has finally sold out after 16 years
The 2008 MacBook Air didn't have an optical drive, so Apple sold a separate SuperDrive accessory, which has finally seemingly been discontinued from sale.RIP Apple USB SuperDriveVisit Apple's website, and you'll see the SuperDrive is sold out. That m.....»»
Football fans watch out — Premier League ticket scams on the rise
Fraudulent tickets sold on social media cost victims an average of £154 - Manchester United and Liverpool fans most at risk......»»
Warren Buffett sells nearly half of Berkshire’s stake in Apple
According to filings published today, Warren Buffett’s Berkshire Hathaway sold nearly 50% of its stake in Apple during the second quarter of 2024, after the firm already trimmed their stake by around 13% in the first quarter. Berkshire Hathaway has.....»»
Berkshire Hathaway may have continued its streak of selling off Apple stock
Well ahead of Thursday's earnings, the "Oracle of Omaha's" Berkshire Hathaway may have sold a very large quantity of Apple stock, marking the third consecutive quarter of big sales volumes.Warren Buffett [Berkshire Hathaway]Apple stock has had an int.....»»
GPB Capital founder David Gentile found guilty in Ponzi-like fraud that included dealerships
Gentile’s co-defendant, Jeffry Schneider, who ran Texas-based Ascendant Capital, also was convicted of securities fraud and conspiracy charges by a federal jury in Brooklyn, N.Y., following a trial that lasted more than seven weeks......»»
Group 1 finalizes acquisition of Inchcape; adds 54 U.K. dealerships to its portfolio
Group 1 Automotive Inc. has finalized its acquisition of global automotive group Inchcape, which has 54 U.K. dealerships. The acquisition was announced April 15; Group 1 paid $439 million in cash. It is expected the acquisition will add $2.7 billi.....»»
Dealerships warned about phishing scams tied to global cyber event
Two cybersecurity consulting firms are warning dealerships about scams relating to CrowdStrike's catastrophic software update on July 19......»»