U.S. Auto Sales institutes furloughs
LinkedIn posts Monday by a store manager and assistance compliance manager announced they were let go and looking for work......»»
Findlay Automotive targeted in cyberattack
Findlay Automotive Group has been hit by a cybersecurity attack that continues to hamper some of its sales and service operations......»»
GM scales back EV production forecast, invests $850 million in Cruise
CFO Paul Jacobson told investors that GM plans to build fewer EVs because it now expects them to make up a lower percentage of total auto sales than expected this year......»»
Dennis & Co. Auto Group, Kyle Busch partner in dealership purchase
NASCAR's Kyle Busch has an undisclosed minority stake in the New Jersey dealership......»»
Tesla won"t launch freshened Model Y this year, says CEO Elon Musk
"No Model Y 'refresh' is coming out this year," Elon Musk wrote on the social media platform X on June 8 in response to a question. Analysts see aging models as a drag on Tesla's sales growth......»»
UAW president faces investigation by independent monitor
United Auto Workers President Shawn Fain is under investigation by an independent federal monitor over allegations of retaliation against other union leaders......»»
Apple announces tvOS 18: InSight, auto subtitles, new screensavers, more
Apple today announced tvOS 18, the software that runs on the Apple TV set-top box. New features include InSight, which is like Amazon X-ray but for Apple original content. For video, Apple is now supporting 21:9 projectors for the first time. For.....»»
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.....»»
Election uncertainty weighs on dealers, new Cox poll finds
Uncertainty related to the upcoming 2024 election contributed to car dealership professionals feeling neutral about the second-quarter market and expecting a similar sales environment for the third quarter......»»
Why Bernardi Honda pays employees to stay
Charlie Sectish, general manager of Bernardi Honda near Boston, designed a retention bonus in his compensation plan that helped boost sales and maintain a team of high performers......»»
Tesla may be in trouble, but other EVs are selling just fine
Almost every other automaker is seeing double-digit EV sales growth. Enlarge (credit: Getty Images/3alexd) Have electric vehicles been overhyped? A casual observer might have come to that conclusion after almost a year.....»»
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......»»
Top 5 stories of the week: Robust May sales; Lithia cuts staff in cost-saving move
A quick look at the top automotive stories of the week as determined by reader interest......»»
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......»»
Minorities in auto retail make $200,000, show career similarities to nonminority whites
The car dealership industry paid members of minority groups more than $200,000 in 2023, within $10,000 of what nonminority industry professionals at car dealers earned, and far more than the average American, according to the Automotive News Dealersh.....»»
Canada border agents poised to strike, creating hassle for auto sector
Border agents could start job action as early as June 7, a move that would lead to delays at important U.S. land crossings and create logistical problems for the auto industry. .....»»
iOS 18 Mail app AI features: Smart replies, tone change, auto-sort, more
A new report suggests Apple may announce a number of iOS 18 Mail app AI features during WWDC. These include the option to automatically create Smart Replies to emails, as well as the ability to draft a reply yourself and then ask Siri to change th.....»»
China EV battery tariffs could sting U.S. electric vehicle sales
Tariffs on EV batteries imported from China will more than triple and higher prices risk "further slowing down" the electrification transition, according to a new report from Interact Analysis.....»»
Liverpool Man Sentenced for Selling ‘Pirate’ Firesticks on Facebook
Earlier today, a 41-year-old man from Liverpool received a two-year suspended prison sentence for selling IPTV subscriptions and 'fully loaded' Firesticks. The man, who used Facebook and WhatsApp to facilitate the sales, pleaded guilty at Liverpool C.....»»
China’s plan to dominate EV sales around the world
US tariffs and European backlash have Chinese carmakers eyeing emerging markets. Enlarge (credit: FT montage/Getty Images) The resurrection of a car plant in Brazil’s poor northeast stands as a symbol of China’s glob.....»»
Mercedes-Benz USA CMO Melody Lee on marketing EVs during sales slowdown
Mercedes-Benz USA CMO Melody Lee joins the Marketer’s Brief podcast to discuss EV advertising, sports marketing and why the luxury brand must appeal to Gen Alpha, even if they can’t buy a Mercedes. .....»»