Used-vehicle retailers shifted Q1 goals to profit over volume
Retailers grappled in their latest quarters with many factors impacting used-vehicle businesses: tighter availability of late-model used-vehicle inventory, heavier acquisition activity at wholesale auctions by rental car companies and increased consu.....»»
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.....»»
Friends with health benefits: How a friend might make pursuing goals more attainable
Weekly targets, annual resolutions, five-year plans—all of them so troublingly elusive. With best intentions, most of us fail to stick with the goals we set......»»
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......»»
Credit Acceptance Q1 net income down 35%; loan volume grows
Credit Acceptance Corp. Q1 2024 earnings: Net income fell 35 percent year over year during the first quarter as the major national car loan company grew its loan portfolio but had higher expenses......»»
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......»»
Tesla to lay off everyone working on Superchargers, new vehicles
Tesla is also getting rid of its public policy team, despite robotaxi ambitions. Enlarge / Tesla is laying off around 500 staff who have worked on its Supercharger network, plus its new vehicle development team and its public pol.....»»
VW Group"s Q1 profit drops 20% on lower volumes, higher costs
The automaker's Porsche brand reported a 14.8 percent operating margin decline on higher model revamp investments and lower demand for premium cars in China......»»
Mercedes to stay firm on pricing following Q1 profit drop
Mercedes said model transitions in the top-end segment and supply chain-related costs caused its return on sales to fall to 9.6 percent from 14.9 percent a year earlier, with vehicle sales down 8 percent at 462,978......»»
Elon Musk dismisses 2 Tesla senior executives, and their staffs, in fresh job cuts, report says
Rebecca Tinucci, senior director of the electric vehicle maker's Supercharger business, and Daniel Ho, head of the new vehicles program, are said to will leave the company immediately......»»
Triangulation fraud: The costly scam hitting online retailers
In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among m.....»»
New report explores worker experiences with climate-friendly New York state solar jobs
New York state solar construction workers—whose numbers are expected to grow rapidly to meet climate goals—are transient, may not receive benefits and are subject to racial disparities in pay, finds a new report from the Climate Jobs Institute (C.....»»
Design strategies toward plasmon-enhanced 2D material photodetectors
Traditional semiconductors such as Si, GaAs, and HgCdTe seem unable to meet the development trend of electronic devices that feature ultra-small volume, lightweight, and low power consumption. These limitations of traditional semiconductors mainly st.....»»
Standardized power management could extend EV battery range
The automotive industry is being pushed to establish a standard to manage the power flow to electronic control units that govern different parts of the vehicle depending on the context......»»
Best 2-in-1 laptop deals: Turn your laptop into a tablet for $349
For devices that are both reliable and versatile, you might want to check out the best 2-in-1 laptop deals that we've rounded up across different retailers......»»
Tesla’s 2 million car Autopilot recall is now under federal scrutiny
NHTSA has tested the updated system and still has questions. Enlarge / A 2014 Tesla Model S driving on Autopilot rear-ended a Culver City fire truck that was parked in the high-occupancy vehicle lane on Interstate 405. (credit: C.....»»
Service customer arrested at gunpoint after dealership lost paperwork, suit says
A Kia dealership in California is being sued for reporting a vehicle as stolen after it misplaced the agreement loaning it to a customer who was having repair work done......»»
Service customer arrested at gunpoint after dealership lost paperwork
A Kia dealership in California is being sued for reporting a vehicle as stolen after it misplaced the agreement loaning it to a customer who was having repair work done......»»