American Axle"s income plunges
American Axle & Manufacturing Holdings Inc.'s first-quarter net income plummet while it tries to manage supply chain volatility and the longer-term challenge of electrification......»»
CarShield, American Auto Shield to pay $10M in settlement on false advertising claims
The FTC said the companies' celebrity endorsers made false statements in ads and/or have not used the service contract products. Contracts also do not cover all repairs as stated in the ads, the FTC said......»»
Carvana Q2 net income swings to $48 million; revenue up 15%
The online used-vehicle retailer said it sold 101,440 used vehicles in the second quarter, up 33 percent from the year-earlier period......»»
American woman found in Indian forest had been chained to tree for 40 days
American woman found in Indian forest had been chained to tree for 40 days.....»»
AutoNation net income, revenue harmed by CDK cyberattacks
AutoNation Inc. reported a massive drop in net income due in part to lost revenue and hits to vehicle sales stemming from the June 19 CDK Global cyberattacks.....»»
Penske Automotive Q2 net income falls 20% on higher interest costs
Penske Automotive Group net income dropped in the second quarter, though the auto retailer posted record second-quarter revenue of $7.7 billion......»»
Get the Samsung Galaxy A35 for $50 LESS!
It's on sale for a lower price than usual. The post Get the Samsung Galaxy A35 for $50 LESS! appeared first on Phandroid. The Samsung Galaxy A35 is currently one of the more affordable smartphones in the North American market, and it packs.....»»
Guaranteed income programs unlikely to improve health but still a valuable tool for alleviating poverty
Guaranteed income programs don't appear to improve the health of recipients, but they remain an important tool to consider for reducing poverty, according to research from University of Michigan and others......»»
Study finds friendships in America may be in less peril than previously thought
American adults may typically have more friends than indicated by other recent surveys, with fewer Americans having no friends at all—though many would like closer friendships. Natalie Pennington of Colorado State University, US, and colleagues pre.....»»
Environmental, social initiatives lead to greater returns for hospitality firms in high-income nations
Global sustainability initiatives like the environmental, social and governance (ESG) investing principle may lead to greater financial gains for hospitality firms in high-income countries but not in low-income nations, according to new findings from.....»»
Low-income homes drop Internet service after Congress kills discount program
Charter CEO says "customers' ability to pay" a concern after $30 discounts end. Enlarge / A Charter Spectrum vehicle. (credit: Charter) The death of the US government's Affordable Connectivity Program (ACP) is starting t.....»»
Report finds "withering of public confidence in the courts"
A new report on public confidence in American courts finds that trust in the federal judiciary has waned in recent years. "The withering of public confidence in the courts," published today in the journal Judicature by researchers at the Annenberg Pu.....»»
Research shows gig workers can boost earnings by building social skills
More than 50 million workers in the United States are part of the gig economy, either to supplement their main income or as their full-time job. New research by University of Alabama at Birmingham Collat School of Business professors Paul M. Di Gangi.....»»
WeRide files for biggest U.S. IPO by Chinese company since Didi
Chinese driverless technology startup won’t disclose the number and proposed price range for its American depositary shares until it’s ready to begin marketing them......»»
Study finds most US voters agree on basic human values: So is polarization exaggerated?
The vast majority of American voters think alike on what they find important in life, but both Republicans and Democrats fail to recognize their shared views and values, according to new research from the Universities of Bath and Essex......»»
Gentex Q2 net income falls 21% on lower vehicle production
The mirror supplier said net income and revenue declined after a drop in light-vehicle production......»»
Lear says Q2 earnings rise on record sales, lowers outlook amid EV uncertainty
Lear reported record sales and a modest gain in second-quarter net income as the company brings more automation technology in-house and adjusts to rapidly changing EV strategies......»»
Early CDK Global DMS return helped ease Group 1"s Q2 losses
The auto retailer estimates it lost $17 million in pretax income in the second-quarter due to the CDK outage......»»
North American EV battery capacity plans grow tenfold after incentives, Energy Department says
Planned battery cell production would power about 14 million light-duty EVs annually by 2030, according to the DOE......»»
China poised to lead global auto market, S&P Global says
BYD has emerged as a top 10 manufacturer, and evolving retail networks and new factories in Europe offer opportunities for Chinese automakers. Despite European and North American tariffs, they continue to push forward......»»
4 takeaways from Tesla"s Q2 earnings as profit plunges
Automotive gross margin, a key indicator of profitability, fell to just under 15 percent in the second quarter, its lowest level in five years. Tesla's operating margin fell to 6.3 percent from 9.6 percent a year earlier......»»