Toyota, Mitsubishi, Infiniti, Ford car dealerships sell
Two of the transactions involved first-time dealership owners and another saw a company add two stores......»»
Akio Toyoda flips rally car during testing
The Toyota chairman opened an R&D Center in Japan by showing a car that he crashed as a symbol of the philosophy he wants employees to use......»»
Ford plans to cut up to 1,600 jobs at Valencia plant in Spain
The company, which employs about 4,700 workers at the factory, told unions it plans to eliminate 600 jobs permanently, while it is open to negotiate the possible rehiring of 1,000 people later......»»
Ford CFO: Rising inventories across the industry "worries me"
Ford CFO John Lawler said the industry will have to closely monitor supply and demand if it hopes to maintain the discipline many promised heading out of the microchip shortage......»»
Infiniti eyes Lexus, Acura customers to rebuild market share
In late July, Infiniti will launch a program to help retailers with marketing and expense reduction......»»
Ford CFO says rising inventory levels across the industry "worries me"
Ford CFO John Lawler said the industry will have to closely monitor supply and demand if it hopes to maintain the discipline many promised heading out of the microchip shortage......»»
Longtime Ford dealer Sam Johnson dies at 84
At the peak of his career, Sam Johnson owned five dealerships spanning four states......»»
Carlos Ghosn"s ex-lawyer says Nissan chief would not have fled if charged in U.S.
Takashi Takano says Japan’s so-called hostage justice system and its “inhumane” bail conditions compelled Carlos Ghosn, the once venerated chairman of the Renault Nissan Mitsubishi automotive empire, to flee in 2019......»»
Jeep, Ford top survey of most patriotic brands
Jeep has been No. 1 in the annual survey every year since it started in 2002, while Ford repeated as No. 2 for the second year in a row......»»
The number of known Snowflake customer data breaches is rising
LendingTree subsidiary QuoteWizard and automotive parts provider Advance Auto Parts have been revealed as victims of attackers who are trying to sell data stolen from Snowflake-hosted cloud databases. Snowflake says that their investigation is still.....»»
Guest commentary: Dear Elon Musk: Partner with dealers to take Tesla into "Ludicrous Mode"
An open letter to Tesla CEO Elon Musk from dealership buy-sell advisory firm Haig Partners......»»
Ky. appeals court reinstates $100,000 damage award against Ford dealership
The Kentucky Court of Appeals has reinstated a $100,000 punitive damage award against a Lexington dealership that failed to disclose a pickup it sold as new was previously damaged while an employee was driving it......»»
Toyota axle supplier Hino closing Arkansas plant, cutting 1,300 jobs
Hino Motors will shut down its 1,300-employee axle plant in Arkansas by 2027 and exit the auto parts business to redirect its focus toward their commercial truck operations in the U.S......»»
Lawmakers call for the ban of 2 Chinese suppliers to Ford, Volkswagen
Lawmakers send letters that allege suppliers use forced labor along their supply chain......»»
Bill Ford, Jim Farley celebrate reopening of Michigan Central Station
Ford CEO Jim Farley said the restoration of the long-derelict depot symbolizes what he wants the automaker to be. "We can do just like this train station and rejuvenate the company," he said......»»
For Toyota"s big hydrogen ambitions, the Mirai is only the beginning
Although a poor seller, Toyota's Mirai is the launch point for a much broader array of hydrogen fuel cell products......»»
Humane is trying to sell themselves to HP for a lot of money
It seems that Humane, the creators of the AI Pin, is looking to sell themselves to HP for a whopping $1 billion! The post Humane is trying to sell themselves to HP for a lot of money appeared first on Phandroid. Humane launched the AI Pin.....»»
Bill Ford, Jim Farley celebrate reopening of Michigan Central station
Ford CEO Jim Farley said the restoration of the long-derelict depot symbolizes what he wants the automaker to be. "We can do just like this train station and rejuvenate the company," he said......»»
How to build a DOA product: Humane AI Pin founders banned internal criticism
Questioning the design and dev progress was apparently "against company policy." Enlarge / The Humane AI Pin. The Humane AI Pin has launched, crashed, and burned, with founders already looking to sell the company just o.....»»
Watch a 6-axis motor solve a Rubik’s Cube in less than a third of a second
Getting an AI to distinguish red from orange was a major challenge. Enlarge / So much depends upon a red puzzle cube, pinned by servo motors, inside Mitsubishi. (credit: Mitsubishi) The last time a human set the world re.....»»
Bigger incentives, selection lure consumers back to dealerships; May selling rate tops 16 million
6 of 7 reporting automakers saw sales gains in May; analysts say sidelined and patient consumers starting to return, but leasing still has room to grow......»»