Jul 5, 2024
QINGDAO, China, July 5, 2024 -- Global home appliance and consumer electronics leader Hisense recently revealed its new brand tagline, "Hisense, More Than a Brand," marking a significant new branding initiative during the UEFA EURO 2024™ matches. Continue Reading Hisense new tagline at UEFA EURO 2024™ Recently, the ... Continue reading
LG INTRODUCES ITS FIRST CURATED CONTENT CHANNEL "LG CHANNELS SHOWCASE" Still No "Auto Channel"
Jul 3, 2024
ENGLEWOOD CLIFFS, N.J., July 3, 2024 -- LG Electronics USA today announced the launch of its new FAST channel on LG Channels, "LG Channels Showcase" (Channel 999). The latest free streaming channel features a wide range of studio films from Amazon MGM Studios, Lionsgate, Sony Pictures Entertainment and Shout! Studios. ... Continue reading
New Vehicle Inventory Slowly Approaching 3 Million, Sales Beginning to Stall
Jul 3, 2024
Marketed Discounts Becoming More Aggressive as Supply Growth Outpaces Demand GRAND RAPIDS, Mich., July 3, 2024 -- Cloud Theory, the real-time automotive data insights provider for automotive manufacturers, agencies, and affiliates is reporting in July's On The Horizon report that new vehicle inventory continues to slow ... Continue reading
Dominant Car Dealership and Auto Industry Computer Network Goes Down
Jun 20, 2024
Retail technology and software provider CDK Global was investigating a cyber incident and had briefly shut down all its systems proactively, it said on Wednesday.The company, which provides software to car dealerships, said its core dealer management system and digital retailing solutions had been restored. It said it ... Continue reading
OFFICIAL NHTSA RECALLS SUMMARY Jume 10. 2024
Jun 10, 2024
The following may apply to one or more of your vehicles if your vehicle is listed below. Click on the NHTSA Recall ID Number below to read more about the safety issue and the reason for the recall.To find out if your specific passenger vehicle is included in the recall, use our VIN Look-up Tool. ... Continue reading
FrogData Unveils Major AI Factory Upgrade to Revolutionize Automotive Retail Operations
Jun 2, 2024
SAN FRANCISCO, June 2, 2024 -- FrogData (www.frogdata.com), the trailblazer in data-driven decision-making solutions for automotive dealerships, today announced a significant upgrade to its pioneering Artificial Intelligence (AI) Factory. This enhancement introduces new solutions focused on Used Car Pricing, Service Ma ... Continue reading
May 22, 2024
Redline, a leader in automotive solutions, has recently completed a comprehensive survey revealing the substantial impact of professional vehicle photography on consumer behavior and dealership success. According to the survey, an overwhelming 95% of consumers believe that professional-looking photographs of vehicles o ... Continue reading
Auto Insurer Digital Points Are Now Primary Driver of New Customers, J.D. Power Finds
May 21, 2024
J.D. Power 2024 U.S. Insurance Digital Experience Study,SM released today, a strong majority of auto insurance websites and apps are doing a good job delivering on foundational functional capabilities, but far fewer are delivering the type of value-added services that set them apart from the pack. ... Continue reading
The Mike Brown / Amen Motorcycle Works Auction, Greeneville, TN
May 20, 2024
On May 20, 2024, Iron Horse Auction Co., Inc. of Rockingham, NC announced an exclusive online auction event featuring a wide array of Mike Brown custom built, one-of-a-kind motorcycles, custom vehicle builds in progress and shop equipment. The auction will be held online only from May 23rd, starting at 8 AM, through Ma ... Continue reading
Auto Dealer Asbury Automotive Group Increases Stock Repurchase Authorization to $400 Million
May 16, 2024
DULUTH, Ga.--Asbury Automotive Group, Inc. (the “Company”), one of the largest automotive retail and service companies in the U.S., today announced its board of directors approved an increase in the authorization of the share repurchase plan for the Company, which expands the remaining availability to $400 million. ... Continue reading
Online Used Car Dealer Vroom Loses 67 MIllion In First Quarter 2024
May 12, 2024
Adopted new reporting segments to align with continuing operations at United Auto Credit (UACC) and CarStory Tom Shortt, the Company’s Chief Executive Officer, said “As we previously announced, our ecommerce wind-down was substantially completed during the first quarter of 2024. ... Continue reading
Cars.com Reports First Quarter 2024 Results
May 9, 2024
Delivered Strong Revenue Growth Including 13% Year-Over-Year OEM and National Growth Achieved 5% ARPD Year-Over-Year Growth Generated $33MM of Year-To-Date Cash Flows From Operating Activities Amended and Extended Credit Agreement into a $350MM All-Revolver Structure CHICAGO, May 9, 2024 -- Cars.com Inc. (d/b/a "Cars C ... Continue reading
Nutson's Weekly Automotive News Wrap-up April 28-May 4, 2024
May 5, 2024
Here are Larry's top story picks from this past week's important to you, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy-to-understand automotive news nuggets. ... Continue reading
Buying a Used Car From a Dealer
Apr 19, 2024
Whether you’re 16 or 60, buying a used car can be an exciting experience. But it can also be a big financial commitment, with some industry reports estimating that the average price of a used car is close to $28,000. ... Continue reading
Apr 3, 2024
New Cars.com Utility Puts in Data from Over Two Million Vehicle Listings in the Hands of Consumers and Allows Them to Easily Track Their Vehicle's Value Over Time1 Your Garage Launches Alongside Dynamic 30-Second Ad and Engaging Social, Radio Content CHICAGO, April 2, 2024 -- Car-shopping marketplace Cars.comⓇ unveil ... Continue reading
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