Xpeng touts 'super fast' software, AI upgrades as it mulls Europe output

Xpeng touts 'super fast' software, AI upgrades as it mulls Europe output https://ift.tt/xBzoL9W

Xpeng's exports could grow to around 10 percent of its sales this year from about 1 to 2 percent last year as the automaker pushes into new markets including France, Italy and the U.K.

Editorial: Legacy automakers toying with direct sales is wrongheaded

Editorial: Legacy automakers toying with direct sales is wrongheaded https://ift.tt/oP6sh9d

Dealer association executives are trying to turn brands associated with VW Group and Honda away from direct sales efforts and back to the franchise model.

Fred Beans buys 4 Rosenthal Automotive dealerships

Fred Beans buys 4 Rosenthal Automotive dealerships https://ift.tt/cfSbeWF

Rosenthal Automotive Organization divested four Philadelphia area dealerships it bought in June 2022 from Sussman Automotive Group.

Overheard: Mentoring young parts managers

Overheard: Mentoring young parts managers https://ift.tt/hgZrEax

Inventory help, being supportive are best ways to mentor young parts managers, said Scott Rutherford of Mike Maroone Chevrolet North and Mike Maroone Volkswagen in Colorado Springs, Colo., on "The Parts Girl Podcast."

Pretax charges drop Sonic Automotive's Q1 net income

Pretax charges drop Sonic Automotive's Q1 net income https://ift.tt/HuarTXE

The company said $7 million in pretax charges contributed to a 12 percent dip in first-quarter net income.

Group 1 net income falls nearly 7 percent in Q1

Group 1 net income falls nearly 7 percent in Q1 https://ift.tt/YPTWRJz

Group 1's net income fell, while revenue and new- and used-vehicle sales grew.