Triunity Automotive buys Pendragon JLR dealership
Triunity Automotive Group has purchased a Jaguar-Land Rover store in California from Pendragon, a public dealership group in the United Kingdom, that is selling its U.S. stores......»»
Technician damaged vehicle learning to drive a manual transmission, lawsuit alleges
Two technicians at a Milford, Conn., dealership allegedly damaged a service customer's "dream car" during a joyride where the older one wanted to teach the younger one how to drive a manual transmission vehicle......»»
The top 5 stories of the week: Nissan"s wholesale push; EVs not turning profits
Here's a quick look at the top automotive stories of the week......»»
Aston Martin, in midst of turnaround, hires Bentley"s Adrian Hallmark as CEO
Adrian Hallmark, a seasoned automotive executive, had become a recruitment target for Aston Martin after returning Bentley to consistent profitability. .....»»
Automotive AI poses EV range and sustainability challenge
Powerful software requires increases in the building blocks of computation, which also require power draw......»»
How comparison options affect stock buys
Should I invest my money with a small chance of big returns? Or is it better to pick investments that promise a series of modest returns? A psychologist from the University of Basel conducted a scientific experiment to study when people prefer certai.....»»
Talk to each other: How dealers can smooth tech vendor bumps
CEO Liza Borches has pursued a multiyear effort to streamline her dealership group's use of technology and make remaining vendors work better together. That included a summit of all the major players......»»
Land Rover, Mitsubishi, CDJR, Nissan of Shelby dealerships sell
Nissan of Shelby gets a fresh start, a minority owned dealership group expanded by two stores and another group acquired its first Land Rover dealership......»»
Credit unions and banks fall to captives in auto finance market share
A return of captive finance incentives is likely driving the shift in market share, said Experian's senior director of automotive financial solutions......»»
Holman nearly doubles auto retail business with Leith Automotive megadeal
The transaction closed this week and nearly doubles Holman's auto retail business. It's the latest in a slew of large dealership group acquisitions......»»
Franchised used-car dealer sentiment lowest since pandemic, Cox survey shows
Franchised and independent dealers also reported year over year growth or stability in used-car inventory mix, Cox Automotive's latest Dealer Sentiment Index says......»»
Franchised dealer sentiment lowest since pandemic, Cox survey shows
Franchised and independent dealers also reported year over year growth or stability in used-car inventory mix, Cox Automotive's latest Dealer Sentiment Index says......»»
Next-gen CarPlay battles Android Automotive for carmakers, drivers
Following the demise of Apple's own automotive project, the company's attention has turned to the next-generation CarPlay and its relationship with automakers.A visualization of CarPlayAlthough Apple first debuted a next-generation CarPlay concept in.....»»
The top 5 stories of the week: GM execs depart; Nissan"s Rogue supply problem
A quick look at the top automotive industry stories of the week......»»
How some retail auto tech companies are addressing generative AI
Tekion, TrueCar, Cox Automotive, Cars Commerce and CarNow are among automotive retail technology companies evaluating generative AI technology......»»
Kia, Subaru, Buick-GMC and Honda dealerships sell in Q4, Q1 transactions
Two Automotive News top 150 dealership groups purchased import stores in the fourth quarter and a mid-Atlantic group bought three stores in the fourth and first quarters......»»
Deacon Jones Auto partners with Capital Automotive to buy Sale Auto Mall
Dan Sale had owned the North Carolina auto mall mall since 1986......»»
Cadillac teases V-Series electric concept
Cadillac told Automotive News in January that it ‘will offer performance variants no matter the propulsion.'.....»»
Cox: Dealers feel falling profits amid inventory growth, weaker market
Franchised dealers polled by Cox Automotive perceived their markets weren't improving — but weren't worsening — continuing to show the sourest sentiment since the heart of the COVID-19 pandemic in the U.S......»»
Ind. dealership group starts high school program to develop future auto technicians
Many dealerships look to community college training programs as a source of future auto mechanics. An Indiana dealership group is starting even earlier in its search — high school......»»
Group 1 acquires South Carolina Honda, Mercedes-Benz dealerships
The deal brings Group 1's year-to-date total of acquired dealership annual revenue to $1 billion......»»