Used-car online auction company ACV Auctions Inc. said Monday it completed a $19 million acquisition of Monk SAS, an artificial intelligence solutions company that automates vehicle damage detection. The acquisition is ACV’s latest step in building up its slate of digital products aimed at dealers and commercial partners. The AI option can help dealer customers […]
ACV acquires vehicle damage-detecting AI company for $19M Read More »
Cruise LLC, the autonomous vehicle company that is majority-owned by General Motors, on Monday named founder Kyle Vogt the full-time chief executive officer. Vogt had been interim CEO since Dan Ammann left Cruise in December following disagreements with GM Chair and CEO Mary Barra. At the time, GM said it would look for a permanent
GM’s Cruise names interim CEO Kyle Vogt permanent chief Read More »
Dennis & Co. Auto Group, with the purchase of a Chevrolet-Cadillac store in New York in February, has added six dealerships to its portfolio since mid-2021. Dennis & Co. of West Nyack, N.Y., on Feb. 8 bought Barton Chevrolet-Cadillac in Newburgh, N.Y., from Rob Barton. The dealership — which just prior to the sale had
Dennis & Co. Auto Group adds six dealerships Read More »
Getty Images Toyota will shut down all 14 of its factories in Japan on Tuesday after a possible cyber-attack. News site Nikkei, which first reported the shutdown, said supplier Kojima Industries Corporation suspected it had been hit by a cyber-attack, causing a halt in production. Japanese factories account for about a third of Toyota’s production.
Toyota to close Japanese factories after suspected cyber-attack Read More »
What kind of car is the 2022 Buick Encore GX? What does it compare to? The Encore GX five-seat crossover blends hatchback utility, crossover-SUV traction, and a layer of premium trim that’s more than a thin veneer. It’s bigger and better than the Encore still sold in Buick showrooms, but trust us: The GX is
2022 Buick Encore GX Read More »
What kind of vehicle is the 2022 Honda Civic? What does it compare to? The 2022 Honda Civic is one of the bestselling and best-known compact cars on the planet. Emerging now in sedan and hatchback body styles, it’s offered as a Civic LX, Sport, EX, or Touring. The hatchback swaps the EX trim for
What kind of car is the 2022 Acura MDX? The 2022 Acura MDX is a three-row crossover SUV that’s sold under Honda’s luxury imprint. It can seat up to seven passengers, offers some of the automaker’s most advanced technology and most luxurious features, and comes with a choice of front- or all-wheel drive. It introduces
When Bugatti was merged with Rimac’s hypercar business late last year to form the new company Bugatti Rimac, we’re sure many assumed that Bugatti would simply develop a replacement for the Chiron based on Rimac’s 1,914-hp Nevera electric hypercar. It turns out Rimac CEO and founder Mate Rimac, who is tasked with running the new
Bugatti CEO says next hypercar will be a hybrid Read More »
The estimated number of vehicles axed from assembly plant schedules worldwide because of the microchip shortage rose 11 percent from a week earlier, due in large part to cuts at North American and European plants, according to AutoForecast Solutions. AFS said about 643,100 vehicles have been eliminated from global production schedules so far in 2022,
The latest numbers on the microchip shortage: Europe, North America drive latest cuts Read More »
While the internet likes to make jokes about Ford Mustang drivers routinely crashing while leaving car events, the truth is that owners of all kinds of cars do the same thing. Case in point, the driver of this Nissan 350Z. This clip appears to have been filmed somewhere in the U.S. and judging by the
Nissan 350Z Morphs Into Mustang, Slams Over A Curb During Car Meet Read More »
