NYSE:TTM

Shocking Auto News: Group 1 Automotive Ditches Jaguar Land Rover UK Dealers – Shares Tumble

Group 1 Automotive will exit all 10 of its UK Jaguar Land Rover dealerships by 2027, citing persistent economic pressures. The company booked a $123.9 million impairment and $1.6 million in restructuring charges for Q3. Group 1’s shares dropped about 5–6% after the announcement. JLR sales have slumped, and a recent cyberattack halted production for nearly six weeks.

29 October 2025

NYSE:GPI·NYSE:TTM·Stock Market

Tech Headlines Shakeup: AI Booms, Space Rockets & Green Power (Sept 28–29, 2025)

OpenAI launched ChatGPT Pulse for personalized updates, while Meta introduced “Vibes,” an AI video feed, and Perplexity unveiled a real-time Search API. Google Cloud partnered with Bryson DeChambeau on an AI golf coaching tool. SpaceX added 28 Starlink satellites, surpassing 8,500 in orbit. British retailer Co-op faces $161 million in losses after a hack, and Jaguar Land Rover restored systems post-ransomware attack.

29 September 2025