April 2022

Olivia Poh / Bloomberg: GoTo rose as much as 23% on its first day of trading in Indonesia after raising $1.1B in one of 2022's biggest IPOs — GoTo Group, Indonesia's biggest tech company, surged on its first day of…

LIFO, which stands for last-in, first out, is a tax deferment strategy employed by many dealers that works as long as inventory levels are healthy. It is threatening to upend retailers this year. Source link

DETROIT — Automotive News has promoted an editor and two members of the advertising team.Terry Kosdrosky, 51, is audience engagement editor. He will take on additional responsibilities for Automotive News' newsletters, social media and…

Drivers in Massachusetts waited in line for up to nine hours to fill their gas tanks for free, courtesy of dealer Ernie Boch Jr.Boch paid for more than 500 people to fuel up at a gas station in Norwood, Mass., to celebrate what he…

Across the industry, some key players' evolving EV strategies have some shades of the past. Source link

The New York International Auto Show returns this week after a two-year hiatus caused by coronavirus restrictions and concerns. But automakers are not back to their full level of pre-pandemic enthusiasm yet. A few manufacturers will…

At its Spring Meetup in March, the Women Automotive Network surveyed 408 attendees from 35 countries about diversity in the automotive industry. Here are some survey highlights. 53% said a "lack of education and industry awareness" are…

Two days of driving the Range Rover over Napa Valley's undulating, twisting mountain roads and through some arduous off-road terrain showed the vehicle well capable of coping with a variety of driving environments while delivering the…

McKenna Auto Group, which has eight dealerships in California, activated Brooke in September 2021 after the group's BDC experienced turnover and dropped to two full-time employees. That first month, Brooke set about 400 appointments,…

During Mazda's now defunct alliance with Ford Motor Co., Aihara worked in human relations at their jointly operated AutoAlliance International plant in Flat Rock, which Mazda exited in 2012. Negotiations with the UAW there, Aihara…