SAIC-GM vehicle shipments drop in first 2 months
SAIC-General Motors, GM’s passenger-vehicle joint venture with SAIC Motor Corp., lost more market share in China in the first two months of 2024, with wholesale deliveries dropping 60 percent to 49,500. .....»»
Apple’s Q2 2024 earnings reveal a drop in iPhone, iPad sales
Services growth looked rosy as Apple's hardware revenue in China slowed. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) Apple's earnings report for the second quarter of the co.....»»
UHF in UHD: Weird Al’s cult classic movie will get its first 4K release
For those of you just joining us, today we're teaching poodles how to fly. Weird Al's Rambo parody was a drop in the bucket amidst all the other jokes in the film, but it's amo.....»»
Delivery van safety features could mitigate 4 in 10 fatal crashes, study says
Larger vehicles are more likely to cause injuries in crashes because of their greater mass, and the victims are often outside the vehicle......»»
Feds" new emergency braking rule to test auto industry
A federal rule finalized Monday that requires automatic emergency braking systems in all passenger vehicles and light trucks by 2029 could improve vehicle safety but test the technology's speed and night vision capabilities......»»
Repair shop owner aims to start social impact movement in auto industry
In 2020, Dan Adam created a nonprofit group called Stranded Motorist Fund, which helps customers who can't afford expensive vehicle repairs......»»
Mazda teases an EV Mazda6 sedan with China show car
Mazda plans to launch a second battery-electric vehicle this year. The Mazda EZ-6 sedan is bound for China but could foreshadow how the Japanese company handles a wave of global EVs eventually landing in the U.S......»»
Tesla retreats from next-generation ‘gigacasting’ manufacturing process
Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales an.....»»
Lithia trims U.K. car dealership network after Pendragon deal
Lithia Motors is paring its U.K. auto retail footprint with cuts to the Pendragon network after entering and expanding throughout the country in the past 13 months. It's dropping 16 used-car CarStore locations and rebranding 11 others......»»
Toyota sales rise 14%; Honda edges up; Hyundai, Kia slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»
AMD’s graphics card sales just took a nosedive
AMD just reported its financial results for the first few months of 2024, and its gaming business isn't doing so hot......»»
Tomorrow’s AAPL Q2 earnings likely to be $5B down
AAPL Q2 earnings are set to be announced tomorrow, and the company had already warned that we should expect a year-on-year revenue drop of around $5B. Analysts expect the same thing, and the outlook for Q3 isn’t expected to be any better, so in.....»»
CenturyLink left users with no service for two months, then billed them $239
Yet again, CenturyLink failed to fix a long outage until Ars emailed the company. Enlarge (credit: Aurich Lawson | Getty Images) Telecom provider CenturyLink left a couple in Oregon without landline phone service for two.....»»
Hyundai, Kia sales slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»
Two giants in the satellite telecom industry join forces to counter Starlink
SES is buying Intelsat, the world's first commercial satellite operator, for $3.1 billion. Enlarge / The Intelsat 901 satellite is seen by a Northrop Grumman servicing vehicle in 2020. (credit: Northrop Grumman) Facing c.....»»
6 public auto dealership groups challenged by inflation, lower profit per vehicle
Asbury, AutoNation, Group 1, Lithia, Penske and Sonic continue turning to acquisitions or growing service and parts operations for new revenue sources......»»
Continental Auto Group founder Bryan Hardeman arrested on more arson charges
Bryan Hardeman, founder of Continental Automotive Group, was arrested for the second time in two months in connection with multiple suspected arson fires in Austin, Texas......»»
Binance’s billionaire founder gets 4 months for violating money laundering law
US prosecutors sought 3-year sentence for Binance founder Changpeng Zhao. Enlarge / Former Binance CEO Changpeng Zhao arrives at federal court in Seattle for sentencing on Tuesday, April 30, 2024. (credit: Getty Images | Changpen.....»»
The iPhone’s next AAA game, Assassin’s Creed Mirage, gets a release date
The game launched on consoles and PC months ago. Enlarge / Assassin's Creed Mirage returned to the earlier games' focus on stealth assassinations in a historical urban environment. (credit: Ubisoft) Apple has spent the l.....»»
Lear"s Q1 net income falls as auto supplier goes full bore into automation
Lear Corp. reached a revenue record in the first quarter but saw net income drop 24% as it navigates operational and restructuring challenges related to lower volumes......»»
Stellantis revenue falls 12% in Q1; North American shipments slip 20% amid transition to new models
Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»