How one car dealership group tackles health care insurance costs
A Carter Myers self-insured plan allows it to manage costs and potentially give leftover money back to help employees cover premiums......»»
Employee charged with stealing more than $50,000 from New York CDJR dealership
A Victory Chrysler-Dodge-Jeep-Ram employee in Rome, NY., allegedly stole more than $50,000 from the dealership and was charged with second-degree grand larceny and first-degree falsifying business records......»»
Hyundai dealership customer sues CDK over cyberattacks
A Hyundai dealership lease customer on July 22 joined other consumers who have sued CDK Global, alleging their data was put at risk by the June 19 cyberattacks suffered by the dealership management system provider. Ronaldo Proto of Connecticut filed.....»»
Some dealer customers want higher CDK cyberattacks compensation
CDK said dealers it has spoken with have been ‘grateful and appreciative' of compensation offer. But some affected dealers said it doesn't cover their losses......»»
Gentex Q2 net income falls 21% on lower vehicle production
The mirror supplier said net income and revenue declined after a drop in light-vehicle production......»»
Rivian sales chief and former Porsche exec Kjell Gruner resigns after 11 months
The California company said in a regulatory filing that Kjell Gruner is resigning, and had notified Rivian of his decision to resign "to pursue other opportunities." Gruner started at Rivian in September 2023......»»
Automotive tech company CDK must face antitrust class action, judge says
Software vendors can band together as a class to sue automotive technology giant CDK Global for allegedly restricting access to data and causing them to pay hundreds of millions of dollars in overcharges, a federal judge in Chicago has ruled. .....»»
Top 5 stories of the week: Toyota engine recall; Stellantis CEO calls out U.S. plants
A quick look at the top automotive stories of the week as determined by reader interest......»»
Detroit 3 financials ‘disappointing" as challenges mount
Second-quarter results for GM, Ford and Stellantis reflect a bumpy road as they juggle costly EV plans while managing profits on gasoline and hybrid models in an uncertain market environment......»»
GM’s Cruise targets resumption of driverless rides this year
GM’s Cruise targets resumption of driverless rides this year and could start charging fares by early 2025......»»
Curbee launches software platform to streamline dealership mobile service
Curbee has launched a software-service platform designed to help dealerships streamline and enhance their mobile services for technicians and customers, thereby improving customer loyalty, profitability, and the overall service experience......»»
Threat of slimmer used-car profits, supply allows for little slack in 2024, dealers say
Franchised dealership and auto retail group leaders spoke with Automotive News in June and July about used-car market certainties and uncertainties in 2024......»»
Column: Market for decade-old vehicles is getting wild in its own right
A study by iseecars.com found rapid price increases, growing market share for 10-plus-year old vehicles, which lead lenders to reconsider underwriting rules......»»
Hydrogen Toyotas at Olympics irk scientists
A group of 120 scientists, engineers and academics said Toyota should have supplied battery-electric vehicles to the Paris Olympics instead of cars powered by hydrogen......»»
Chevy unleashes first turbocharged V-8 Corvette, the ZR1 with 1,064 hp
Chevy said the most powerful production Corvette can take on the Porsche 911 and other six-figure halo cars from import brands. Production of the ZR1 begins next year in Bowling Green, Ky......»»
Traditional automakers" EVs surpass Teslas in J.D. Power satisfaction study
Overall consumer satisfaction with vehicles is rising, especially on fuel economy, but infotainment systems continue to fall short......»»
Toyota to replace 100,000-plus engines in recalled Tundra, Lexus LX
The Japanese automaker will notify customers this month of the fix, which involves uncleaned debris from potentially damaging the engine......»»
Prestone scientists working to develop low-conductivity coolant to boost EV efficiency
Low-conductivity coolant in EVs and fuel cell vehicles can increase charging and driving efficiency and reduce fire risk. Prestone, one of the industry's largest suppliers of factory fill coolant, is developing new coolants specifically for EVs......»»
Kia Tasman pickup unlikely to be available in the U.S.
The automaker released video of the off-road capable truck simulating testing in California, but its target markets are overseas......»»
GM Ventures, others invest in Israeli EV battery startup Addionics
Addionics raised $39 million from investors including General Motors' venture capital arm to help commercialize its 3D copper foil product for electric vehicle batteries......»»