Growing Randy Marion Automotive Group bought four North Carolina dealerships in two separate first-quarter transactions to expand its portfolio in the state. Randy Marion Automotive in Mooresville, NC, on March 6 bought Gerry Wood Dodge of Salisbury, which also sells Chrysler, Jeep and Ram vehicles; Gerry Wood Honda; and Gerry Wood Kia from Gerry Wood,…
Category: Automotive News
Rivian executive returns to McLaren
Rivian Automotive’s chief engineer, Charles Sanderson, has left the US EV startup for McLaren, his previous employer, McLaren said in a news release. Sanderson, who joined Rivian nearly five years ago to develop its R1 vehicle platform, returns to supercar maker McLaren in the role of chief technical officer, McLaren said earlier this week. “Mr….
Toyota’s hydrogen-powered Corolla race car catches fire
But Toyota executives said the fire, which occurred during a private test run at Fuji International Speedway, was unrelated to the car’s adoption of hydrogen fuel instead of gasoline. The cause, the company said, was a pipe joint loosened by vehicle vibration. “What I want everyone to understand today is that hydrogen was not the…
EV startups are burning through cash. Can they attract more investment?
In September 2020, Hindenburg Research released its report on Nikola, saying it was “an intricate fraud.” The company acknowledged a truck appearing to cruise down a desert road under its own power in a video was not. The SEC launched an inquiry. Ultimately, Trevor Milton, Nikola’s founder, was convicted of fraud. Nikola settled with the…
How to Take Care of Your Newly Replaced Windshield
Knowing what you need to do to take care of a windshield that has recently been replaced is the first step in maintaining your investment. Be sure to keep your new windshield in good condition and make sure it will last as long as possible by using the tips and information found here after installation….
These Automakers Can’t Quite Hold Onto Their First-Time Buyers
The back of a Ram truck is seen on a sales lot on May 23, 2017 in Miami, Florida. Some automakers are struggling to convince first-time buyers to return to the showroom, Elon Musk tested that he really believed he’d be able to take Tesla private in 2018 with some help and Audi took Nio…
Car cybersecurity firm expects consumers to emerge as hackers
Add vehicle owners to the growing list of potential cyber security threats against automakers in 2023. Early adopters of new digitized offerings from automakers will find ways to bypass premium features by manipulating their vehicles’ systems fraudulently, according to executives from Israeli cybersecurity firm Upstream. Speaking at a cybersecurity webinar Tuesday, the Upstream team said…
Watching how industries react to innovation efforts
These are interesting times for retail technology in the auto industry, and I get to have a ringside seat. As the new retail technology reporter for Automotive NewsI’m looking for stories that can explain to readers the increasingly dramatic and ongoing retail technology transformation. I want to enlighten retailers about product innovations designed to make…