How Sandboxes Can Help You Investigate Linux Malware

While often considered secure, Linux systems are not immune to the ever-evolving threat landscape of…

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Santander plans expansion of prequalified auto inventory search site Drive.US

<p>Santander Consumer USA plans a national expansion this year for Drive.US, its digital auto retail site allowing consumers to shop cars at partner dealerships online and filter the inventory based on the car loan monthly payment the lender has prequalified the shopper to receive.</p>

https://www.autonews.com/finance-insuran...te-driveus

Nissan joins EV price war, discounts 2024 Ariya 8-10%

<p>The 2024 Nissan Ariya receives a $3,600 to $6,000 price cut depending on trim level.</p>

https://www.autonews.com/retail/nissan-c...price-8-10

Used EV financing dominated by high loans and credit scores

<p>Banks held the highest share of used EV lending at almost 41 percent of the market in 2023, while credit unions made up just over 34 percent.</p>

https://www.autonews.com/finance-insuran...dit-scores

GM to update tech, improve safety at N.C. parts warehouse

<p>The Charlotte Parts Distribution Center will be updated starting in June, with the technology set to be up and running by August 2025.</p>

https://www.autonews.com/manufacturing/g...rts-center

Ken Ganley Automotive adds Ohio dealerships, sells Stellantis store

<p>Ken Ganley Automotive Group added two luxury dealerships and a Ford store in two acquisitions this year. The megadealer also sold a Stellantis store.</p>

https://www.autonews.com/dealers/ken-gan...ealerships

Battery startup Our Next Energy lays off another 3 dozen employees

<p><a href="https://www.autonews.com/topic/battery" target="_blank">Battery</a> startup <a href="https://www.autonews.com/mobility-report/our-next-energy-raises-another-300-million" target="_blank">Our Next Energy</a> Inc. is again trimming headcount following months of struggles.</p>

<p><em>Crain’s Detroit Business</em> has learned that the Southeast Michigan-based company has cut another 37 jobs — 24 of which were located in Michigan — with the majority of the layoffs being administrative roles, according to a <a href="https://www.autonews.com/suppliers" target="_blank">company</a> statement to <em>Crain's</em>. </p><p>ONE's current focus is around developing products “that will double the range for <a href="https://www.autonews.com/topic/electric-vehicles" target="_blank">electric vehicles</a> and double the energy capacity of conventional utility scale energy storage systems,” the company said in the statement.</p>

<p>“In support of this mission, ONE is reinforcing its commitment to its research & development, engineering, supply chain and manufacturing functions,” the statement continues. “To accomplish this, the company is re-aligning resources and reducing overall operating expenses in its non-product related functions. This decision will enable ONE to operate in a more financially efficient manner and support the company’s ongoing efforts to attract additional strategic and financial investors.”</p>

<p>Our Next Energy has approximately 240 employees in Michigan following Monday's cuts.</p>

<p>The additional cuts at the once-high-flying unicorn startup — ONE raised $300 million in early 2023 at a valuation of $1.2 billion — come after the company laid off around one-quarter of its employees in November as part of a "focus on core priorities." </p>

<p>Just weeks later, ONE undertook a leadership shakeup, installing board member Paul Humphries — who has a background managing high-growth companies and financial turnarounds — as its new CEO, replacing founder Mujeeb Ijaz, who remained at the company as chief technology officer overseeing product development.</p>

<p>In late January, ONE executives told <em>Crain's</em> that they had secured enough funding through various investors to have a financial runway through the end of 2024.</p>

<p>“We were clearly strapped for cash,” Humphries told <em>Crain's</em> at the time. “That’s why we went out and revised the business plan and made it sufficiently attractive for the existing investors to come in and give us a bridge round that gets us ideally to the end of this year, potentially beyond that.”</p>

https://www.autonews.com/manufacturing/o...-employees

Upgraded Mitsubishi site lets customers search for cars they're prequalified to buy

<p>Mitsubishi has partnered with Santander Consumer USA on an online tool allowing shoppers to get preapproved for car loans and filter dealer inventory to the vehicles the consumer can afford on those approved terms. The new-vehicle prequalification feature on the "ClickShop 2.0" portal housed on Mitsubishi's website will also be available for used cars on dealer sites.</p>

https://www.autonews.com/finance-insuran...eapprovals

Gen Z buyers are a unique opportunity for car dealership F&I office

<p>Younger buyers' appetite for F&I presents dealerships with an opportunity, but their strategy should not be wholly digital like some might expect.</p>

https://www.autonews.com/finance-insuran...n-z-and-fi

Stellantis cuts supplemental workers at Jeep plants in Detroit, Toledo

<p>Stellantis said the unspecified number of cuts followed an operational review. The automaker previously laid off 539 U.S. supplemental workers in January.</p>

https://www.autonews.com/manufacturing/s...eep-plants