As we usher in 2025, the landscape of the U.S. automotive industry is undergoing a significant transformation. Factors such as leadership change, interest rates, and sales strategies are creating a complex tapestry of challenges and opportunities for car dealers across the nation. Recently reported findings from Cox Automotive illustrate a mix of renewed optimism and
Business
In a significant step for women’s professional basketball, the startup league Unrivaled is solidifying its presence in the sports industry. As it gears up for its inaugural season set to commence on January 17 in Miami, Unrivaled has made headlines by securing a multi-year agreement with Under Armour, which will serve as its official uniform
In a notable strategic pivot, Stellantis has reappointed Tim Kuniskis to lead its Ram Trucks brand, effective immediately. This decision marks an unexpected yet potentially advantageous return for Kuniskis, who had previously retired in May. His reinstatement comes in the wake of significant leadership changes following the abrupt resignation of CEO Carlos Tavares. The automaker,
Ulta Beauty, a prominent player in the beauty retail landscape, surprised analysts last Thursday by outperforming fiscal third-quarter predictions, thereby alleviating concerns about intensified competition and a potential slowdown in consumer interest for beauty products. Their proactive adjustments to the full-year financial outlook reflect an underlying strength in their business model despite increasing market pressures.
The ongoing saga surrounding Boeing’s 737 Max has taken a dramatic turn with a federal judge’s recent rejection of the company’s plea deal related to criminal fraud charges. The implications of this decision resonate far beyond mere corporate governance; they challenge the ethical landscape within which major companies operate, especially in high-stakes industries like aviation.
The airline industry is currently under intense scrutiny, as top executives prepare to address the Senate Permanent Subcommittee on Investigations regarding their controversial seating fees. Accusations have emerged that these additional charges are nothing more than “junk” fees designed to boost profits significantly. In a report released on November 26, it was revealed that five
Jaguar, a name synonymous with performance and luxury in the automotive industry, has taken a significant leap forward by unveiling its new electric vehicle concept, the “Type 00.” This innovative design was revealed with much anticipation, marking the beginning of a transformative journey for the illustrious British brand. Differentiating itself from its traditional offerings, the
The automotive world has been shaken by the recent announcement of Carlos Tavares’ abrupt resignation from his position as CEO of Stellantis, one of the world’s leading automakers. The decision, confirmed by Stellantis on Sunday, stemmed from escalating differences between Tavares and the company’s board of directors. His tenure, which began with the merger of
The holiday season is a critical period for retailers, offering a chance to capture the attention of consumers who typically indulge in discretionary spending. This year, however, disparities among retailers are stark, revealing a divided landscape where some brands thrive while others struggle. As consumers navigate the challenges of inflation and changing spending habits, retailers
The evolution of the Thanksgiving box office has been tumultuous in the wake of the pandemic, but as 2023 approaches the holiday season, it appears poised for a revitalization. The upcoming releases of major films—including Disney’s much-anticipated “Moana 2,” along with Universal’s “Wicked” and Paramount’s “Gladiator II”—are setting the stage for what analysts predict could