Tuesday, November 12, 2024

Nissan shares surge after investor takes 2.5% stake | Trump picks Lee Zeldin to lead EPA | VinFast gets additional $2B infusion | Mazda teases new Skyactiv-Z engine | Ex-dealership employee files whistleblower suit

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Tuesday, November 12, 2024

Nissan shares surge after company linked to hedge fund takes 2.5% stake

The news that activist investor Effissimo Capital Management has taken a stake in the automaker comes after Nissan said it will cut 9,000 jobs and 20 percent of its manufacturing capacity amid a sales slump in China and the U.S.

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Save 50% on your first month's subscription and discover the latest news on top automotive makers and suppliers.

Trump picks former congressman Lee Zeldin to lead the EPA

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Vietnamese billionaire pledges another $2 billion infusion for struggling EV maker VinFast

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2024 Automotive News Best Dealerships To Work For: Mini of Warwick

Mini of Warwick in Warwick, R.I., is in the top three for the 2024 Automotive News Best Dealerships To Work For. General manager of the dealership Ronny Girouard spoke to us about work culture, initiatives on giving back to the community and what he thinks makes them one of the best dealerships to work for.

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	Miss CDK Connect 2024?

If you were unable to check out CDK Connect 2024 live, don't worry – we got you covered. Check out a keynote from CDK leaders as well as breakout sessions that span across all of the areas where CDK is bringing forth more innovation. It's all there – and it's all on-demand.

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SPONSORED CONTENT

Strategies for navigating the fragmented media landscape

Like all advertisers, auto dealers are facing a fragmented media landscape, making it difficult for their marketing campaigns to reach a critical mass of viewership.

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Mazda teases new Skyactiv-Z engine, performance hybrid as EV-era alternatives

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Mazda dealers see profitability up 85% from pre-COVID levels

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SPONSORED CONTENT

Buy-Sell: Jack and Robin Salzman's road from car dealerships to new horizons

In the world of retail automotive, the journey of building a dealership is often paved with passion, resilience, and an unwavering dedication to the community.

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Dealership Buy Sell

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NHTSA opens probe into 1.4 million Honda vehicles over engine issues

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Jaguar stops selling cars in U.K. ahead of EV-only shift

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Chinese auto supplier considers $12M investment, up to 100 jobs in suburban Detroit

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Ram CEO says new strategies working; LG Tech Ventures' Sungkwon Kang

Ram's CEO says incentives and better marketing are working to boost sales. Stellantis cuts 400 jobs in Detroit. Plus, the head of LG Group's venture capital arm talks about what he's looking for when he makes big bets on new battery technology.

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