Friday, October 18, 2019

China’s auto dealerships have been devastated by a sales slump and tougher emissions standards

SHANGHAI — We knew China had been in a prolonged auto sales slump, and we knew the market was under pressure from tougher...

Dealer anniversaries

Schomp Automotive Group executives, from left, Lisa Schomp, president, Aaron Wallace, dealer principal, and Mark Wallace, vice president, receive a 50-year award for...

U.S., China reach substantial ‘phase one’ trade deal, Trump says

While the limited agreement may resolve some short-term issues, several of the thorniest disputes remain outstanding. U.S. goals in the trade war center...

Porsche and Boeing partner on electric flying vehicle

Porsche and U.S. planemaker Boeing are working to develop a concept electric flying vehicle capable of transporting people in urban settings. Porsche and other...

AFL-CIO chief says USMCA faces defeat without more worker safeguards

His concerns include reservations that Mexico might not make necessary changes to ensure labor reforms, or adequately fund enforcement mechanisms, he separately said...

Volvo CEO says engine merger with Geely saves jobs, costs

Volvo’s rapid shift toward electrification put thousands of employees working on the automaker’s current range of internal combustion engines and hybrid powertrains at...

Dave Gill Chevrolet dealership lures green buyers

"It's more expensive to make an EV, and because of that, the margins aren't great," said Jordan Davis, director of Smart Columbus. "As...

Nissan swaps dies for robots in new body-panel process

YOKOSUKA, Japan — Nissan Motor Co. has developed a low-cost, flexible method for producing steel body panels that uses robots instead of expensive...

Silicon Valley distrupters have an old story to sell

It seems that all you have to do in today's market to raise billions is subsidize your product at a tremendous loss, then...

Texas dealer Fernando Varela urges minority dealers to conserve cash for economic slowdown

Cash management will be one of the key issues heading into 2020 for minority dealers, said Varela, who was named chairman of the...

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Latest article

Bank of Canada Exploring Possibility of Launching a Digital Currency

Bank of Canada, the Canadian central bank, is exploring the possibility of launching a digital currency that would replace cash and track how...

New Nvidia Shield Android TV streaming device leaks via Amazon listing – TechCrunch

The fact that Nvidia is updating its Shield TV hardware has already been telegraphed via an FCC filing, but a leak earlier today...

Is that the internet we want? – TechCrunch

China is exporting its social values, political ads are an important part of free expression and the definition of dangerous speech must be...