Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
Zeekr tops IPO goal to raise $441 million
The listing by EV upstart Zeekr is the biggest by a China-based company in the U.S. since Didi Global’s $4.4 billion IPO almost three years ago......»»
China"s vehicle exports hit record high in April as domestic sales fall
Facing trade threats in Europe, Chinese automakers have been actively exploring South America, Australia and ASEAN markets for exports......»»
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......»»
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......»»
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......»»
BP keen to buy Tesla supercharging sites for U.S. expansion
BP Plc’s electric vehicle charging arm is eager to snap up Tesla Inc. supercharging sites across the US — along with the workers behind them — and has pledged $1 billion to expand its network......»»
4 big takeaways from Rivian"s Q1 earnings report
Rivian reported a $1.45 billion net loss in the first quarter, higher than a year earlier. But it also laid out a roadmap for slashing production costs and launching a more affordable EV in 2026......»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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......»»
Apple TV+"s "Ted Lasso" heads to Blu-ray on July 30
Fans of the Jason Sudeikis Apple TV+ show "Ted Lasso" can now preorder Blu-ray and DVD boxed sets for the comedy show from Amazon.Jason Sudeikis as Ted Lasso"Ted Lasso" was a phenomenon for Apple TV+, but you can't watch it without the Apple TV+ subs.....»»
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......»»
Researchers map out anatomy of wooden breast syndrome in broiler chickens
Each year, Delaware farms raise more than 240 million broiler chickens, the top agricultural commodity in the state with a $3.5 billion impact on the state's economy......»»
Sling TV slips below 2 million subscribers, and it seems OK with that
Sling TV's owners are focusing on getting fewer subscribers to pay more, rather than worrying about growing the streaming TV service......»»
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......»»