Author: Automotive News Breaking News Feed
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Public auto dealer groups buoyed by e-commerce initiatives
Public retailers that reported third-quarter earnings last week said they are bolstering their e-commerce efforts to better accommodate the growing number of vehicle buyers who want to shop online.
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Concierges to help auction giant Manheim with sales ap
Manheim Express is being touted as a logical evolution in digital wholesaling. But some high-volume dealers could use a little help.
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Denso’s overhaul will find new uses for old products
Denso Corp. looks for new value in old products as the supplier plans a transformation in the coming decade.
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EV startup Rivian built around lean-manufacturing mindset
To launch his tradition-breaking auto company, Rivian CEO RJ Scaringe is leaning on a proven industry culture.
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Dealers seek approval of antitrust deal with Reynolds as CDK suit proceeds
The settlement needs court approval, and the money would be put in escrow while the case against CDK Global proceeds.
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NHTSA’s proposed rule change should help tame headlights
After years of pleading from global automakers, the National Highway Traffic Safety Administration announced this month that it is considering a dramatic change to the long-standing rules that govern auto headlights.
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Magneti, Calson enter infotainment fray in $7.1 billion deal
The combined company will boast global sales of $17.3 billion, big enough to make it No. 11 on the Automotive News list of the top 100 global suppliers. But it’s still the new kid on the block.
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How Jim Moran turned JM Family Enterprises into a $15 billion company
During the Great Depression, a young Jim Moran pumped gas before borrowing $360 to purchase his own gas station. This month, the $15.1 billion company he built in phase two of his career turns 50.
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Asbury puts store expansion on its to-do list
Asbury Automotive executives said the group is interested in entering new markets as well as acquiring “tuck-in” stores, generally described as one or two stores that help round out a retailer’s presence in an existing market.