Category: automotive
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Navigating the Transition to Online Automotive Sales
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In the era of rapid technological progress and the transformation of consumption trends, technology leadership in this afternoon is very important for companies that want to stay in a competitive market. This may not be anywhere more applicable in the auto market, while replacing traditional sales operations with new web…
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Elevating Connected Automotive Solutions with Cavli’s AQ20 Autograde Module
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This section The partnership content provided The content in this section is provided by Globenewswire for the purposes of distributing press data on behalf of its customers. Postmedia did not review the content. by Globenewswire Bread path links Globenewswire The author of the article: It was published on January 31,…
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Elevating Connected Automotive Solutions with Cavli’s AQ20 Autograde Module
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This section The partnership content provided The content in this section is provided by Globenewswire for the purposes of distributing press data on behalf of its customers. Postmedia did not review the content. by Globenewswire Bread path links Globenewswire The author of the article: It was published on January 31,…
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UAE buys Mclaren’s automotive business following record losses
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Abu Dhabi’s sovereign wealth fund is set to acquire the automotive division of McLaren, the iconic British supercar manufacturer, in a move that reshapes the ownership of one of the UK’s most iconic car brands. The deal follows a difficult period for the Woking-based company, which posted a record annual…
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Bosch, Tenstorrent to collaborate on standardizing automotive chips By Reuters
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Written by Max A. Cherny SAN FRANCISCO (Reuters) – German industrial giant Bosch will team up with U.S. chip startup Tenstorrent to develop a platform for unifying key elements of automotive chips, Tenstorrent executives said. Plans include developing a standardized way to use a building block of modern chips, called…
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FTC sues Asbury Automotive, says it charged Black, Latino customers more By Reuters
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Written by Judy Godoy WASHINGTON (Reuters) – The U.S. Federal Trade Commission sued Asprey Automotive Group Inc. on Friday, alleging that three of its Texas dealerships charged black and Latino customers higher prices than others and routinely added services to customers’ contracts without their consent. Up to 75% of David…
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Group 1 Automotive sales set record high despite adverse weather, CDK disruptions (GPI)
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Group 1 for cars (New York Stock Exchange: GPIShares of Hyundai Motor Co. jumped to an all-time high on Wednesday as second-quarter results beat Wall Street expectations, with strong new vehicle sales offsetting recent disruptions caused by Hyundai Motor’s power outage that affected dealerships across the country and weather events…
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Mullen Automotive secures additional funding through notes By Investing.com
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Mullen Automotive Inc. (NASDAQ:), a leader in the electric vehicle market, has secured additional financing through the issuance of convertible notes and warrants, as detailed in a recent 8-K filing with the Securities and Exchange Commission (SEC). On Monday, July 9, 2024, the Company entered into agreements with certain investors…