Monday, October 23, 2023

Toyota production resuming in Japan | GM, Stellantis offer 23% raises to UAW | Suppliers' Q3 earnings preview | More layoffs coming from UAW strike | Hyundai to build Saudi plant | Buy-sell roundup

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Monday, October 23, 2023

GM, Stellantis offer 23% raises in new proposals to UAW

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Supplier earnings to provide early glimpse into UAW strike's financial impact

	Don’t Feed the Phish

It’s just a message from Randall about payroll this week, isn’t it? Maybe not. Most phishing attacks happen through email and dealerships are a major target. The best defense is you. Learn how to help your team spot a “phish” and protect your dealership from an attack.

Watch Here.

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Suppliers warn of more layoffs, spending cuts from UAW strike

Hyundai to build Saudi Arabia plant for EVs, ICE cars

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Ciocca Dealerships to buy Apple Automotive

Sponsored Content From Schneider Electric

Can smart factories deliver on the net-zero promise of EVs?

This article explores the crucial role of smart factories in realizing the net-zero promise of electric vehicles (EVs). It emphasizes the need for automotive manufacturers to reduce greenhouse gas emissions during the EV manufacturing process. The manufacturing of large lithium-ion batteries, which power EVs, is a major source of embedded emissions.

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Hudson Automotive agrees to acquire 4 Vic Bailey dealerships in South Carolina

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Unstoppable Automotive acquires California dealerships in Monterey, Fresno

Ally All Ears Podcast | AI and its impact on auto retail

In this episode, Sathish Muthukrishnan, Chief Information, Data and Digital Officer at Ally Financial, discusses the impact of AI in the financial services sector, Ally’s approach to AI and how the company is thinking about using AI to support its auto business.

Sponsored Content From Shell Lubricant Solutions

Gearing Up For Optimum Performance

This paper will explore four of the major challenges currently facing the manufacturing industry.

Tesla raises U.S. price of Model X Plaid all-wheel drive 5.6%

Sheriff: Ray Brandt PR head stole $644K from other business CEO owns

Sponsored Content From Tyler Technologies

A new national digital titling clearinghouse can accelerate vehicle purchases

As a dealer, you rely on being able to move cars in and out of your inventory swiftly. Waiting for a title creates dead inventory and negatively impacts your cash flow. With the National Digital Titling Clearinghouse, you can secure title approvals in as little as a day, eliminate backlog, and cut down on lost revenue.