Asian automotive CIS, MCU vendors set to raise quotes on foundry cost increases
Asia's first-tier suppliers of car-use CMOS image sensors (CIS) and microcontroller units (MCU) have shown a relatively clear attitude that they would hike quotes to fully reflect possible foundry cost increases, according to supply chain sources......»»
Input from young and aspiring technicians wanted for survey
TechForce Foundation is soliciting feedback from new technicians and high school and post-secondary students enrolled in automotive training programs for its inaugural Techs Talk survey......»»
8 automakers misled customers about giving driver data to police, lawmakers say
The lawmakers' findings raise questions about whether automakers can be held to account for departing from promises made about user privacy......»»
Volvo"s Q1 EV sales plunge: A momentary blip or a sign its 2030 plan is in jeopardy?
Volvo EV sales in the U.S. plummeted 65 percent in the first quarter. According to Cox Automotive estimates, it was the largest year-over-year percentage decline in the luxury segment......»»
New work extends the thermodynamic theory of computation
Every computing system, biological or synthetic, from cells to brains to laptops, has a cost. This isn't the price, which is easy to discern, but an energy cost connected to the work required to run a program and the heat dissipated in the process......»»
Sonic Automotive aims to add 300 service technicians by year end
The groupso far this year has added about 40 technicians......»»
The secret to mimicking natural faults? Plexiglass and Teflon
When a fault ruptures in nature, some sections of the fault slip suddenly and seismically, weakening as velocity increases. Other regions creep slowly and strengthen with increasing velocity. The relative locations of these sections affect the size a.....»»
What will high vehicle prices and interest rates mean for the auto finance market in 2024?
Automotive News asked five auto finance experts to share their thoughts on these challenges and what affordability constraints might mean for the months ahead......»»
Apple Vision Pro 2 may be half the price of the original claims sketchy rumor
If a questionable rumor is to be believed, the next version of the Apple Vision Pro could be out by 2026, and cost half the price of the first model.Apple Vision Pro at Apple ParkIt is widely expected that Apple is working on creating successive vers.....»»
Struggling Our Next Energy taps consultant to help battery maker raise funds
Electric vehicle battery startup Our Next Energy Inc. hired a Chicago-based financial consultant specializing in distressed businesses in its quest to rebound from a failed Series C fundraising round. The suburban Detroit battery manufacturer rece.....»»
Cost of new UAW contract could backfire on some at Stellantis
The UAW has been outraged over multiple rounds of layoffs since ratifying a new contract with Stellantis that the workers thought would improve their lives......»»
US state of New Jersey ranks near the bottom on pay equity for mothers
Forget the flowers. This Mother's Day, give Mom a raise. A new report by the Rutgers Center for Women and Work finds that New Jersey ranks near the bottom of all states on pay equity for mothers......»»
Top 5 stories of the week: Earnings from Rivian, Toyota and Nissan; GM"s fleet strategy
A quick look at the top automotive stories of the week as determined by reader interest......»»
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......»»
New-vehicle inventory little changed at 2.86 million
New-vehicle inventories in the U.S. changed little in April, ending at 2.86 million vehicles, Cox Automotive said — safely under 3 million......»»
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......»»
Used-vehicle wholesale prices down in April, Cox Automotive says
Customers appear to be holding out for more affordable used-vehicle prices and hoping for lower interest rates, Cox Automotive says......»»
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......»»
Every drop counts: New algorithm tracks Texas"s daily reservoir evaporation rates
Summer can be an extra challenging time for Texas's 189 major water supply reservoirs. With temperatures consistently reaching 100 degrees or higher, reservoir evaporation rates see high increases......»»
Scenes from the Automotive News-Crain Currency event at F1 Miami Grand Prix
The event in Miami brought together industry insiders, private wealth management executives and car collectors......»»
New 13-inch iPad Air will eat into iPad Pro sales
A new report predicts that sales of the new iPad Pro will be affected both by its higher price than before, and by the appeal for consumers of the lower-cost 13-inch iPad Air.New iPad Pro (source: Apple)Trendforce has previously and rather obviously.....»»