Young auto borrowers falling further behind
Generation Z and millennial borrowers are falling behind on their car payments at rates last seen during the Great Recession era, according to an analysis of Federal Reserve data. The budget burden of federal student loan payments could hit borrowers.....»»
Overheard: View your repair shop from the perspective of the customer
Shop owners should spend a couple hours each month thinking about how the customer perceives their repair facility, Lauralee Schmidt, co-owner of Schmidt Auto Care in Springboro, Ohio, said on the "Ratchet+Wrench Radio" podcast......»»
Palestinian education "under attack", leaving a generation close to losing hope, study warns
The ongoing war in Gaza will set children and young people's education back by up to five years and risks creating a lost generation of permanently traumatized Palestinian youth, a new study warns......»»
Fostering a love of stories in a child"s first years is key to lifelong reading, says researcher
Children's literacy rates are falling around the globe. In response, a number of governments, including New Zealand's, are overhauling the way reading is taught in primary school......»»
Signs of hope for endangered Maugean skate
For the first time in nearly a decade, scientists have recorded an increased presence of young Maugean skates—a ray of hope for the survival of the endangered species......»»
Lower-income households have high auto payments, according to Bank of America
The customers who purchased vehicles during the height of the inventory shortages are still feeling the strain; lower-income households seem to be feeling that strain the most......»»
Auto industry aims for digital experience as easy as smartphones, streaming services
Software-defined vehicle technology underpins an easy in-car experience, panelists said at the Automotive News Congress......»»
Ant queens cannibalize their sick offspring and "recycle" them, new study reveals
Instead of nurturing their sick young, ant queens eat their infected offspring at the first sign of illness then "recycle" them into energy to produce new eggs, a new study led by the University of Oxford has shown. The findings have been published i.....»»
Traditional auto dealership franchises might work best, new study says
A new Oliver Wyman study, commissioned by NADA, believes the cost advantages of hybrid or direct-to-consumer auto distribution models have been overstated......»»
Auto supplier goes bankrupt after $30M verdict in defective parts lawsuit
Southfield, Mich.-based automotive supplier Wrena LLC filed for bankruptcy Monday with the intention of selling the business after being ordered to pay $30 million in a lawsuit over defective parts. The company petitioned for voluntary Chapter 11.....»»
Ohio Ford-Lincoln dealership service department sees benefits in going paperless
Beau Townsend Ford-Lincoln has seen its recruiting and retention of young technicians and advisers grow with its all-digital efforts......»»
America"s Group CEO: More auctions to buy for better reach across U.S.
Auto auction services provider America's Group wants more market share. It's actively acquiring......»»
Gun violence in Philadelphia plummeted in 2024—researchers aren"t sure why, but here are 3 factors at play
Philadelphia experienced a surge in shootings and homicides during the COVID-19 years that disproportionately affected young Black and Latino men in economically disadvantaged neighborhoods with drug markets......»»
American Honda aims to increase CPO leasing mix
The automaker will continue to enhance its leasing programs for used vehicles, a "critical gateway" for young and first-time buyers......»»
California carbon emissions lag behind 2030 climate targets, data show
California carbon emissions are falling, but not fast enough to reach the state's 2030 climate targets, according to data released Friday by the Air Resources Board. Leaders predicted that new and existing industry regulations would put the state on.....»»
White House picks Monroe Capital to develop $1 billion fund for auto suppliers
The fund will help smaller firms along the supply chain gain access to capital in what is an underserved market in finance, despite being a trillion-dollar industry, CEO Theodore Koenig said......»»
A ‘heart the size of Texas’: Family grieves young woman who was fatally shot in Peoria
A ‘heart the size of Texas’: Family grieves young woman who was fatally shot in Peoria.....»»
Georgia"s abortion ban killed a young mother. The Christian right now blames the victim
Georgia"s abortion ban killed a young mother. The Christian right now blames the victim.....»»
Death of young Ernst & Young employee raises questions about workplace culture
Death of young Ernst & Young employee raises questions about workplace culture.....»»
Human cases of raccoon parasite may be your best excuse to buy a flamethrower
The infection is very rare, but it's definitely one you want to avoid. Enlarge / Young raccoon looking out from a tree. (credit: Getty | Camerique) If you were looking for a reason to keep a flamethrower around the house.....»»
How much auto demand will the Fed"s half-point rate cut produce?
The Federal Reserve cut its benchmark rate target 0.5 percentage points on Sept. 18, which could reduce the market interest rates that Cox Automotive polling indicates are dealerships' No. 1 challenge......»»