Auto supplier Aptiv slashes headcount
Aptiv plc is reducing its headcount of salary and hourly workers in a restructuring move aimed at cutting overhead costs while increasing investment in advanced technologies......»»
You can kick the alpha tires on System76’s Cosmic, a new Linux desktop
A whole new desktop aims to appeal with tiling, themes, and a safer Rust core. Enlarge / A little auto-tiling on the Cosmic desktop. (credit: System76) System76 has released an alpha version of its Cosmic desktop environ.....»»
Luminar Q2 net loss narrows to $130.6 million; debt restructuring deal reached
The lidar supplier said revenue grew 2 percent to $16.5 million......»»
China auto market hits milestone as EVs, hybrids make up half of July sales
Half of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry data showed, a milestone that underscores how far the world's biggest auto market has leapt ahead of Western counterparts in EV adopti.....»»
ACV Auctions says Q2 net loss widened to $17M, revenue rises 29%
ACV Auctions said the number of used vehicles sold by dealers and commercial auto companies on its wholesale marketplace platform grew 22 percent year over year......»»
Auto suppliers are slashing R&D. That could turn into a big problem.
Some of the world’s largest, most tech-savvy parts producers have hit the brakes on spending due in part to electric vehicle launch delays and a dim outlook for returns on investment......»»
MacWhisper can now auto-translate transcripts into other languages
MacWhisper is a popular tool that uses AI to quickly transcribe audio. The app has been getting a lot of updates in recent weeks, and its latest version introduces the ability to auto-translate transcripts into other languages. more….....»»
This Deal Slashes 30% Off the Soundcore Q30 Headphones!
Save big on Anker's budget Soundcore headphones. The post This Deal Slashes 30% Off the Soundcore Q30 Headphones! appeared first on Phandroid. As far as affordable audio hardware is concerned, Anker’s Soundcore brand is one of the be.....»»
Big utilization drop for North American auto factories on the horizon as EV production begins
Automakers will build less than two-thirds of their vehicle assembly capacity in 2030, according to GlobalData......»»
More dealerships close as Tropical Storm Debby lingers over Southeast
One state auto dealer association leader said he was concerned about the slow-moving nature of the storm......»»
Adient net income plummets 69% in fiscal Q3 amid delayed launches, Europe troubles
Despite challenges in Europe, the global seating supplier sees promising growth opportunities with Chinese automakers......»»
China"s Dongfeng in pole position to build an auto plant in Italy, report says
The Italian government could join Dongfeng with a minority stake in the investment which aims to set up a production hub for the whole of Europe......»»
Audi and Costco Auto Program bring back new-vehicle incentives
Audi and Costco Auto Program brings back new-vehicle incentives with three incentives available: $1,000, $1,500 or $3,000......»»
Tropical Storm Debby brings heavy rain, wind to Florida, Southeast auto dealers
Debby made landfall in Florida as a Category 1 hurricane early Aug. 5. It's expected to bring heavy rain, flooding and gusty winds to the Southeast through midweek......»»
Intel"s grim forecast could concern automakers in wake of microchip crisis
Intel is a major supplier of semiconductors to the automotive industry, having supplied chips installed in more than 50 million vehicles. Intel says 18 automakers have vehicles with Intel chips on the road for use in their EVs and software......»»
Seating supplier to cut jobs in Detroit after truck discontinuation
Bridgewater Interiors LLC is planning to lay off 63 employees at its Detroit plant after Stellantis NV discontinues the Ram 1500 Classic. The seating supplier said it expects to make the permanent cuts by the end of September, according to a WARN.....»»
First 3D visualization of an aluminum nanocomposite for the auto industry
Manufacturing cars with strong, lightweight aluminum alloys rather than steel could improve fuel efficiency and extend electric vehicle range, but the material's instability at high temperatures has held the alloys back from widespread adoption......»»
EVs are holding strong, but U.S. elections may rock the boat, report finds
The midyear Market Outlook Report from Dave Cantin Group and Kaiser Associates found that EV sales are starting to drive steady growth. Meanwhile, a volatile political landscape and Supreme Court decisions complicate auto industry plans......»»
Aptiv Q2 net income soars
Aptiv also announced the start of a $5 billion share repurchase program......»»
Mobileye slashes annual forecasts on uncertain demand; shares fall
Mobileye Global cut its annual revenue and profit forecasts on Thursday, slammed by volatile demand for its driver-assistance chips in China, even as it recovered from a sales slump brought on by a global auto inventory glut......»»
Auto suppliers continue to face worker shortage and high costs
The Federal Reserve indicated labor supply and demand are in sync in the U.S. economy for the first time in years. But suppliers are still lagging behind......»»