2023 dealer profits: Only way is down
Thomas King, president of data analytics for J.D. Power, says dealer profitability will inevitably come down in 2023 from 'stratospheric' 2022 levels as supply increases......»»
DOJ says Boeing faces criminal charge for violating deal over 737 Max crashes
DOJ determined that Boeing violated 2021 agreement spurred by two fatal crashes. Enlarge / Relatives hold a poster with faces of the victims of Ethiopia flight 302 outside a courthouse in Fort Worth, Texas, on January 26, 2023. (.....»»
Some EV startups have gone bankrupt. More are likely to follow suit
EV startups are dealing with bankruptcies, phenomenal cash burns and an uncertain path to profits......»»
Carvana CEO: ADESA real estate plays key part in our growth plan
Carvana slowed its sales growth in 2022 and 2023 to address profitability, but it's now in a transition period where it is focusing on both, CEO Ernie Garcia said......»»
Bankruptcies, cash burn and uncertainty mark latest phase for EV startups
EV startups are dealing with bankruptcies, phenomenal cash burns and an uncertain path to profits......»»
2023 temperatures were warmest we’ve seen for at least 2,000 years
Northern Hemisphere temperatures well beyond natural variability seen in tree rings. Enlarge / Top: a look through the past 2,000 years of summertime temperatures, showing that 2023 is considerably warmer than anything earlier......»»
2023 was the hottest summer in 2,000 years, study finds
Researchers have found that 2023 was the hottest summer in the Northern Hemisphere in the past 2,000 years, almost 4°C warmer than the coldest summer during the same period......»»
Setapp"s third-party EU app store to launch on May 14
Mac and iOS app subscription service Setapp has confirmed the launch date for its alternative app marketplace in the European Union.Setapp is an app subscription serviceAfter first announcing in August 2023 that it would launch an alternative App Sto.....»»
Critical vulnerabilities take 4.5 months on average to remediate
Over a third of organizations had at least one known vulnerability in 2023, with nearly a quarter of those facing five or more, and 60% of vulnerabilities remained unaddressed past CISA’s deadlines, according to Bitsight. Organizations struggle.....»»
Toyota dealer adds $2 million satellite for new battery plant workers
Toyota of Greensboro will open a new $2 million delivery and service center exclusively for 5,100 new employees of automaker's new N.C. battery plant......»»
Selfie spoofing becomes popular identity document fraud technique
Document image-of-image was the most prevalent identity (ID) document fraud technique in 2023, occurring in 63% of all IDs that were rejected, according to Socure. Selfie spoofing and impersonations dominate document-related identity fraud Document i.....»»
iPad, iPad Air, iPad Pro buyer"s guide May 2024: which iPad to buy for any budget
Apple's iPad lineup is now radically different than it was at this time in 2023. Here's how to choose the best tablet to buy for your budget.Apple has an iPad for many different budgets.Across all of Apple's product ranges it offers products over a v.....»»
Mazda profits zoom to records on CX-90, hybrid uptake, foreign exchange rates
Mazda reaches record profits thanks to the popularity of its large platform CX-90 crossover and uptake of hybrids, but the Japanese carmaker is bracing for headwinds this year......»»
Oil companies may soon have to pay for Vermont’s climate recovery
Vermont's Superfund climate act—which Big Oil called "unfair"—expected to pass. Enlarge / Ripton, VT - July 16, 2023: Ethan Poploski stood in front of his family's home, which had been destroyed by a landslide overnight. (cr.....»»
First Black female Lexus dealer Ellenae Henry-Fairhurst dies
Henry-Fairhurst made her landmark purchase of an Infiniti dealership in 1999......»»
Elon Musk’s Neuralink reports trouble with first human brain chip
It's unclear what caused the retraction or how many threads have become displaced. Enlarge / Elon Musk, in Paris, France, on Friday, June 16, 2023. Musk predicted his Neuralink Corp. would carry out its first brain implant late.....»»
Vermont close to becoming first state to charge Big Oil for climate damage
Vermont's Superfund climate act—which Big Oil called "unfair"—expected to pass. Enlarge / Ripton, VT - July 16, 2023: Ethan Poploski stood in front of his family's home, which had been destroyed by a landslide overnight. (cr.....»»
U.S. agency raises safety concerns on Ford crossover fuel leak recall
The National Highway Traffic Safety Administration (NHTSA) said last month it was investigating the adequacy and safety consequences of Ford's proposed recall remedy for 2022-2023 model year Bronco Sport and 2022 Ford Escape SUVs with 1.5L engines......»»
5 key takeaways from Toyota"s record earnings report
Under first-year CEO Koji Sato, Toyota reported a blockbuster fiscal year of records, from sales to profits. Here are five top takeaways from the automaker's earnings conference......»»
Accounting change drives down Cars Commerce Q1 net income
Cars Commerce's 2023 acquisition of D2C Media helped promote revenue gains, and price increases helped boost average revenue per dealer......»»
Secureworks Taegis NDR identifies malicious activity on the network
Secureworks released Secureworks Taegis NDR, to stop nefarious threat actors from traversing the network. The dominance of cloud applications and remote working has created an explosion in network traffic, up over 20% from 2023 to 20241. Adversaries.....»»