Auto seating supplier scraps unprofitable Jeep business near Detroit
The Jeep seating business is being picked up by Lear Corp., which said in an earnings presentation in April that it won a conquest award to supply complete seats for the Wagoneer and Grand Wagoneer launching in late 2023......»»
Rivian, Bosch point fingers in lawsuits over production woes
Rivian is locked in a legal fight with the world’s largest automotive supplier over motors in the R1 pickup truck and SUV as the electric vehicle maker grapples with ongoing production issues. .....»»
Ally Q3 earnings: net income up 20% despite weak auto finance quarter
Ally Financial's net income rose by more than 20 percent during the third quarter, supported in part by the tax credits it captured from a new emphasis on writing car leases. But Ally's Q3 2024 earnings were hindered by a more than 50 percent decline.....»»
Microsoft lost some customers’ cloud security logs
Microsoft has lost several weeks of cloud security logs that its customers rely on to spot cyber intrusions. What happened As reported by Business Insider earlier this month, Microsoft privately notified affected customers of this incident and told t.....»»
Proton unveils new business VPN features
It's never been easier to protect your business, with new features from Proton VPN......»»
American Axle sells assets in India to Bharat Forge
AAM is focusing its growth on combustion, hybrid and fully electric passenger vehicles, divesting its commercial axle business in India......»»
Business expert explores strategies for supporting women in leadership, curbing bias
Women and minority leaders who reach senior executive positions often face more intense scrutiny, and research has recommended organizations provide critical stakeholders with information about a leader to reduce negative biases......»»
Daily 5 report for Oct. 16: Detroit 3 suppliers face major conundrum on China business
Many suppliers who bought into rosy EV production forecasts from their Detroit 3 customers now face the reality of unmet expectations......»»
GM wheel supplier files for Chapter 11 bankruptcy amid pricing dispute
Accuride and its subsidiaries petitioned for voluntary Chapter 11 bankruptcy protection in Delaware and in Canada, aiming to shed debt and money-losing business......»»
Apple previews new iPhone features including enhanced caller ID for businesses and brand logos in Mail
Apple today announced an extension of the Apple Business Connect program, which allows companies to submit information about their businesses to Apple to be surfaced in Apple Maps, Siri and increasingly more places across the operating system. In.....»»
Okta helps protect business before, during and after authentication
Okta announced new Workforce Identity Cloud capabilities to address top security challenges such as unmanaged SaaS service accounts, governance risks, and identity verification. As part of a unified approach, these innovations help protect business b.....»»
FTC “click to cancel” rule seeks to end free trial traps, sneaky auto-enrollments
No more jumping through endless hoops to cancel subscriptions, FTC rule says. It will soon be easy to "click to cancel" subscriptions after the US Federal Trade Commission (FTC) .....»»
Detroit 3 suppliers face dilemmas on rapidly growing China EV business
As Ford, General Motors, Stellantis and other traditional automakers lose ground in China, their suppliers are scrambling to fill the void and preserve positions in what is now the world’s largest auto market. .....»»
F&I tip: Be available by phone to the lender on stipulation deal
Dealership staff should be sure their indirect auto lending partners can reach them by phone when a deal is contingent on the customer providing stips......»»
Arcserve UDP 10 accelerates disaster recovery processes
Arcserve launched Arcserve UDP 10, providing customers with an intuitive, flexible, and affordable way to address their critical data security and business continuity challenges. Arcserve UDP 10 is a unified data protection solution that offers backu.....»»
AMD and Intel have formed a coalition to fight off Qualcomm
Although they'll remain rivals, AMD and Intel are joining efforts on x86 to fight off the threat that Arm poses to their business......»»
Snag Lenovo’s ThinkPad X1 laptop with a $1,602 discount
The ThinkPad X1 Carbon Gen 11 is a business laptop worth grabbing, and if you've had your eye on one for a while, check out this deal from Lenovo......»»
Toyota, Honda, Nissan pivot to startups as reinvented Japan Mobility Show convenes for new schedule
The reinvented Japan Mobility Show kicks off its new annualized schedule outside Tokyo with a business-to-business agenda focused on matching startups with such giants of Japan Inc. as Toyota, Nissan and Honda......»»
Chip supplier for GM, Mercedes qualifies for $750 million U.S. grant
The preliminary funding agreement requires Wolfspeed "to take additional steps to strengthen its balance sheet to better protect taxpayer funds," it said......»»
Smart gardening firm’s shutdown a reminder of Internet of Things’ fickle nature
Company closing "due to a number of challenges with this business." AeroGarden, which sells Wi-Fi-connected indoor gardening systems, is going out of business on January 1. While.....»»
Daily 5 report for Oct. 11: Has the auto industry ever had more at stake in an election?
There's no question every facet of the auto industry will be impacted by the 2024 election......»»