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Ally net income plunges 51% in Q1, auto applications set record

Ally's auto business saw a record 3.8 million applications from consumers during the first quarter with 40% of new loan originations in the top credit tier......»»

Category: topSource:  autonewsApr 18th, 2024

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......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

The ROG Ally X is official — and it sounds like a huge upgrade

Asus is ready to release the next version of the ROG Ally, and we already have a sneak peak at the updates in store......»»

Category: topSource:  digitaltrendsRelated NewsMay 9th, 2024

ACV reports Q1 net loss of $20M; revenue up 22%

ACV also said the number of used vehicles transacted by dealers and commercial auto companies on its wholesale marketplace platform grew 15 percent year over year......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Group 1 Automotive"s Q1 acquisitions cost almost $700 million

The auto retailer also sold the Mike Smith Auto Complex in Beaumont, Texas, to Doggett Automotive Group in the first quarter......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

GM logistics supplier Proficient Auto raises $215 million in IPO

The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides services to GM, Stellantis, Toyota and other automakers......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

New fluidic system advances development of artificial blood vessels and biomedicine applications

Nature consistently inspires engineering applications. Recently, a group of researchers from the Faculty of Engineering at the University of Hong Kong (HKU) drew new inspiration from the vascular network and developed a new type of fluidic system nam.....»»

Category: topSource:  theglobeandmailRelated NewsMay 9th, 2024

Amazon"s $829 M2 MacBook Air deal delivers the lowest price on record

Amazon's new price drop on Apple's M2 MacBook Air delivers the lowest price on record, with a $170 discount bringing the laptop down to $829.Grab the lowest price on record on this M2 MacBook Air.The $170 discount off MSRP, which is labeled a limited.....»»

Category: appleSource:  appleinsiderRelated NewsMay 9th, 2024

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......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

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......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

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.....»»

Category: securitySource:  netsecurityRelated NewsMay 9th, 2024

School"s out: how climate change threatens education

Record-breaking heat last month that prompted governments in Asia to close schools offers fresh evidence of how climate change is threatening the education of millions of children......»»

Category: topSource:  physorgRelated NewsMay 9th, 2024

Dazzling drone display flies straight into the record books

A San Francisco-based company called UVify has set a new world record for the most drones used in an aerial display......»»

Category: topSource:  digitaltrendsRelated NewsMay 9th, 2024

FCC explicitly prohibits fast lanes, closing possible net neutrality loophole

Putting applications into fast lanes would violate FCC's no-throttling rule. Enlarge (credit: Getty Images | nadla) The Federal Communications Commission clarified its net neutrality rules to prohibit more kinds of fast.....»»

Category: topSource:  arstechnicaRelated NewsMay 8th, 2024

2023 "year of record climatic hazards" in Latin America: UN

Latin America and the Caribbean had their warmest year on record in 2023 as a "double-whammy" of El Niño and climate change caused major weather calamities, the World Meteorological Organization said Wednesday......»»

Category: topSource:  physorgRelated NewsMay 8th, 2024

The top 10% are the main beneficiaries of globalization, says study

The income of many people around the world has considerably increased due to the economic globalization of the last 50 years. However, these income gains are unevenly distributed. A study by Dr. Valentin Lang, junior professor of political economy at.....»»

Category: topSource:  physorgRelated NewsMay 8th, 2024

Earnings at Continental, Vitesco slump in Q1, mirroring broader auto declines

Continental swung to a loss amid delays in new programs, lower production volumes in Europe, and salary and wage inflation......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Mitsubishi eyes U.S. market EV from Nissan as North America takes center stage

Mitsubishi CEO Takao Kato books record operating income and says North America has swapped places with Southeast Asia to become its earnings engine......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Woodlice hold the new record for smallest dispersers of ingested seeds

Even bugs as small as woodlice can disperse seeds they eat, setting a new record for smallest animal recorded to do so. The Kobe University discovery underscores the crucial yet often overlooked role that small invertebrates play in ecosystems......»»

Category: topSource:  physorgRelated NewsMay 8th, 2024

World extends run of heat records for an 11th month in a row

April was the Earth's 11th consecutive month of record-breaking heat, with warmer weather already sweeping across Asia and a hotter-than-usual summer expected in Europe......»»

Category: topSource:  physorgRelated NewsMay 8th, 2024

Traceable launches Generative AI API Security to combat AI integration risks

Traceable AI has revealed an Early Access Program for its new Generative AI API Security capabilities. As enterprises increasingly integrate Generative AI such as Large Language Models (LLMs) into critical applications, they expose those applications.....»»

Category: securitySource:  netsecurityRelated NewsMay 8th, 2024