Why car dealership leaders should train their replacements
The first rule of succession planning is talking about succession planning. Few dealerships have a formal replacement strategy in place......»»
Average dealership pretax profit slipped 33% in the first half of 2024, report says
The report from Presidio Group and NCM Associates also found the typical dealership hasn't reduced expenses quickly enough amid profitability declines......»»
Asbury Automotive sells Chevy store, Escude Automotive buys two S.C. stores
Publicly held Asbury Automotive Group sold another dealership, while Anderson Automotive Group also shed two stores......»»
Why dealership volumes at auctions are ‘No. 1 concern"
The role of AI and the potential impact of the presidential election also were among topics discussed by National Auto Auction Association leadership at Manheim Detroit......»»
Why not knowing what to do isn"t always a bad thing for leaders
In 2002, after a Pentagon news briefing, the then US secretary of defense Donald Rumsfeld was widely ridiculed for his thoughts about knowledge. Discussing the issue of whether Iraq was supplying weapons of mass destruction to terrorists, he said, "A.....»»
At Southern Nevada Water Summit, leaders share hope for Colorado River
Two years after Lake Mead hit an all-time low and concern swelled for the Colorado River's long-term sustainability, water managers and lawmakers generally see a healthier basin. But that didn't come without sacrifice in Las Vegas......»»
Kraven the Hunter’s new trailer gives us a dark, gore-filled revenge story
It's the latest installment in Sony's Spider-Man Universe, which has floundered recently. Aaron Taylor-Johnson (Bullet Train) plays the title character in the forthcoming film Kraven the Hunter. Sony's Spider-Man Universe (SSU) got.....»»
Holman invests in FM Capital; both will boost auto tech deals
Holman is a conglomerate that owns a alrge dealership group and its own venture capital arm......»»
AI, computation, and the folds of life: Supercomputers help train a software tool for the protein modeling community
Form follows function, and this is especially true for life's building blocks—proteins. The folds and shape of molecular proteins reveal their function in supporting life......»»
Nissan dealership profits tank amid U.S. sales struggles
The average Nissan dealership earned 70 percent less in the first half of the year than in 2023, with more than a third of stores losing money, according to data obtained by Automotive News......»»
Dealership not on the hook for customer"s repairs done at independent shop, tribunal rules
A British Columbia dealership group isn't obligated to cover the parts, labor and towing costs for a service customer who had repairs done at an independent shop, the province's Civil Resolution Tribunal has ruled......»»
Dealership yanks Utah State coaches" free cars
Murdock Auto Team ended its sponsorship of Utah State athletics after the school fired its head football coach and others in connection with a domestic violence case......»»
3-store dealership group Pillar streamlines accounts receivable with software
Shifting to a software-based process helped the small Ohio and Pennsylvania car dealership group Pillar Automotive streamline accounting staff and strengthen oversight......»»
74% of ransomware victims were attacked multiple times in a year
An alarming trend toward multiple, sometimes simultaneous cyber attacks forces business leaders to re-evaluate their cyber resilience strategies to address common points of failure, including inadequate identity system backup and recovery practices,.....»»
3-store dealership group Pillar streamlined accounts receivable with software
Shifting to a software-based process helped the small Ohio and Pennsylvania car dealership group Pillar Automotive streamline accounting staff and strengthen oversight......»»
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......»»
Shorter TLS certificate lifespans expected to complicate management efforts
76% of security leaders recognize the pressing need to move to shorter certificate lifespans to improve security, according to Venafi. However, many feel unprepared to take action, with 77% saying the shift to 90-day certificates will mean more outag.....»»
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......»»
Feldman buys car dealership that battled back after Chrysler bankruptcy
Feldman Automotive Group is expanding with the acquisition of a dealership in Livonia, a Detroit suburb. Livonia Chrysler Jeep has been renamed Feldman Chrysler Jeep of Livonia following the acquisition, which closed Aug. 1. Feldman now owns.....»»
CDK cyberattacks dampen public dealership groups" Q2 numbers
The June 19 CDK cyberattacks significantly dampened earnings or created noteworthy short-term financial setbacks for five of the six public dealership groups......»»
Chemists develop new sustainable reaction for creating unique molecular building blocks
Polymers can be thought of like trains: Just as a train is composed of multiple cars, polymers are made up of multiple monomers, and the couplings between the train cars are similar to the chemical bonds that link monomers together. While polymers ha.....»»