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American Axle Q1 revenue, profit climb

American Axle & Manufacturing increased revenue and profit in the first quarter thanks to steadier production from its customers. Net income swung to a $20.5 million gain from a $5.1 million deficit in the same period last year......»»

Category: topSource:  autonewsMay 4th, 2024

Honda OK to reject store acquisition by poor-performing dealership, court rules

For the third time, a Honda dealership with one of the lowest retail sales effectiveness scores in Ohio has lost a bid to require American Honda Motor Co. to approve its acquisition of another store......»»

Category: topSource:  autonewsRelated NewsMay 13th, 2024

Profit, rules or values: Skills that lead to success on the labor market

There is no specific set of skills that university graduates need in order to be successful professionally. Rather, the required skills vary according to different areas of the labor market and their specific requirements......»»

Category: topSource:  physorgRelated NewsMay 13th, 2024

Loss and hope: US park rangers" climate crisis fight

American biologist Laura Brennan describes the coin-sized Karner blue butterfly as "very delicate and graceful" with a "lovely blue" coloring and "just a little speckling of orange.".....»»

Category: topSource:  physorgRelated NewsMay 13th, 2024

More stable new-vehicle production means higher Q1 sales for suppliers

More stable new-vehicle assembly meant higher sales numbers in the first quarter for many North American suppliers, another welcome sign for parts makers hoping for more consistent production schedules form automakers......»»

Category: topSource:  autonewsRelated NewsMay 13th, 2024

3 action movies on Amazon Prime Video you need to watch in May 2024

From American Sniper to movies with Mark Wahlberg and Val Kilmer, here are three action movies on Amazon Prime Video you need to watch in May 2024......»»

Category: topSource:  digitaltrendsRelated NewsMay 11th, 2024

2024’s weirdest movie is a haunted flashback for the Nickelodeon generation

Jane Schoenbrun's spooky A24 indie I Saw the TV Glow captures a precise moment in American culture — the last gasp of analog fandom before the internet age......»»

Category: topSource:  digitaltrendsRelated NewsMay 11th, 2024

CarGurus reports net income jump, more digital wholesale losses

The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

The Volvo VNL, a heavy truck purpose-designed for North American roads

Blindspot cameras and radars, a more efficient engine, and lower-drag cab all help. Enlarge / America sends five times more freight by truck than rail, so it's important to start making those trucks more fuel efficient and safer......»»

Category: topSource:  arstechnicaRelated 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

Costa Rica to ration electricity as drought bites

Costa Rica has become the latest Latin American country to introduce rationing due to drought, announcing Thursday it will limit access to electricity for which it relies heavily on hydro-generation......»»

Category: topSource:  pcmagRelated 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

Hyundai, Kia unit settles U.S. charges it repossessed service members" vehicles

Hyundai's and Kia's American financing arm will pay $334,941 to settle charges it illegally repossessed vehicles belonging to military service members, the U.S. Department of Justice said on Wednesday......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Apple profits surge as consumers choose pricier iPhone storage options

Amidst plateauing iPhone sales, Apple's enhanced storage upgrade options have emerged as a significant profit driver.Apple profits surge as consumers choose pricier iPhone storage optionsApple has long leveraged the strategy of encouraging iPhone use.....»»

Category: appleSource:  appleinsiderRelated NewsMay 8th, 2024

Marine bacteria team up to produce a vital vitamin

A German-American research team led by microbiologist Dr. Gerrit Wienhausen from the University of Oldenburg (Germany) has come an important step closer to a better understanding of highly complex interactions between marine microorganisms. The resea.....»»

Category: topSource:  physorgRelated NewsMay 8th, 2024

CEO Koji Sato reloads for long-term growth after leading Toyota to record profit, sales, production

Toyota reports across-the-board record results in its just-ended fiscal-year, but it warns earnings will retreat in the current year......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Toyota CEO Sato leads automaker to record profit, sales, production

Toyota reported record quarterly sales and record profits, but warned earnings will retreat in the current year as it takes a break from hectic expansion and invests in next-generation EVs, software and AI......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Rivian"s Q1 net loss widens to $1.45 billion as revenue nearly doubles to $1.2 billion

Rivian's first-quarter deliveries surged 71 percent to 13,588 while production rose 48 percent to 13,980. Rivian expects to build 57,000 vehicles this year, about the same as last year......»»

Category: topSource:  autonewsRelated NewsMay 7th, 2024

Boeing says workers skipped required tests on 787 but recorded work as completed

FAA: Boeing apparently didn't confirm bonding "where the wings join the fuselage." Enlarge / An American Airlines Boeing 787-8 Dreamliner preparing to take off at Barcelona-El Prat Airport in Spain on May 1, 2024. (credit: Getty.....»»

Category: topSource:  arstechnicaRelated NewsMay 7th, 2024

Replacing curbside carparking with bike lanes: A "Robin Hood planning" idea

Turning curbside carparks into cycling lanes could improve city accessibility and livability without affecting business revenue, University of Queensland research has found......»»

Category: topSource:  physorgRelated NewsMay 7th, 2024

F&I gross profit per vehicle down for 5 of 6 public groups in Q1

The retailers pointed to high interest rates again as a major contributor to the declines......»»

Category: topSource:  autonewsRelated NewsMay 7th, 2024