AutoCanada Q4 net income plunges 79% on used-vehicle writedowns, floor plan costs
AutoCanada Inc.’s net income fell in the final three months of 2022 as the company took a writedown on its used-vehicle inventory and saw floorplan financing costs climb with interest rates. Canada’s only publicly traded dealership group last.....»»
How the west is foiling Russia"s attempts to use the Arctic in the Ukraine war
Things are not exactly going to plan for Moscow in the Arctic—an area that is a strategic military region for Russia and has significant economic potential that could help Russia in propping up its war economy. Yet, a combination of Ukrainian milit.....»»
How Mazda’s new marketing approach is guided by Japanese philosophies
A new campaign from Mazda puts as much emphasis on human achievement as vehicle attributes. .....»»
U.S. vehicle inventory hovers below 3 million
New-vehicle inventory in the U.S. was at 2.91 million last month, down slightly from the previous month, Cox Automotive said......»»
GM, Hyundai team up to slash costs of new vehicles and clean tech
The hope is for better products and more efficient companies. Enlarge / GM CEO Mary Barra (left) and Hyundai executive chair Euisun Chung (right) have agreed to have their companies collaborate. (credit: Hyundai Motor Group).....»»
Ford Pro CEO Ted Cannis to retire
Cannis has the commercial vehicle unit Ford created in 2021 on pace for $70 billion in revenue this year. Ford Blue CEO Andrew Frick will take over on an interim basis......»»
GM, Hyundai to explore collaboration across range of tech, products
General Motors and Hyundai Motor Co. will explore cooperation in everything from passenger and commercial vehicles to electric cars and raw materials under a sweeping agreement that aims to improve efficiencies, slash costs and reach bigger economies.....»»
You don’t want to know how much it costs to repair the Huawei Mate XT
The repair costs of the Huawei Mate XT have been revealed, and as expected, it will not come cheap due to the foldable displays. The post You don’t want to know how much it costs to repair the Huawei Mate XT appeared first on Phandroid......»»
Boosting particle accelerator efficiency with AI, machine learning and automation
As particle accelerator technology moves into the high-luminosity era, the need for extreme precision and unprecedented collision energy keeps growing. Given also the Laboratory's desire to reduce energy consumption and costs, the design and operatio.....»»
How can business prevent sky-high cloud costs?
How can business prevent sky-high cloud costs?.....»»
Human drivers keep rear-ending Waymos
We took a close look at the 23 most serious Waymo crashes. Enlarge / A Waymo vehicle in San Francisco. (credit: Photo by JasonDoiy via Getty Images) On a Friday evening last November, police chased a silver sedan across.....»»
Editorial: Affordability crisis shrank the market and could do long-term damage
Frustrated consumers unable to purchase a new vehicle may force open the door to the U.S. market to China if automakers can't satiate entry-level demand......»»
VW recalls nearly 100,000 ID4s over faulty door handles
Insufficient water protection in the 2021-24 Volkswagen ID4 handles could cause the door to fly open while the vehicle is moving because of circuit board malfunctions......»»
Nuro diverges from delivery, plots new self-driving business plan
Self-driving tech company Nuro will eschew plans to build bespoke vehicles and operate them in delivery fleets. Instead, company executives want to focus their business on licensing use of their core autonomous-driving technology......»»
eBook: Keep assets secure after cloud migration
Organizations sometimes need to plan their cloud migrations with more emphasis on security and compliance. Many, therefore, struggle to keep their data safe after migrating to the cloud. To illustrate, IBM revealed that 82% of data breaches in 2023 i.....»»
Cybersecurity jobs available right now: September 11, 2024
ACISO HTX | Singapore | Hybrid – View job details As an ACISO, you will formulate Agency ICT security strategy and work plan, alignment to MHA and HTX’s IT & Cybersecurity strategic directions. Evaluate existing IT environment again.....»»
AI ruling on jobless claims could make mistakes courts can’t undo, experts warn
Nevada’s plan to let AI rule on unemployment claims is risky, experts warn. Enlarge (credit: Westend61 | Westend61) Nevada will soon become the first state to use AI to help speed up the decision-making process when ru.....»»
The 6 laptops that blew me away at IFA 2024
These six laptops caught my eye when perusing the show floor in Berlin for IFA 2024......»»
PlayStation 5 Pro is coming this November, and it costs a whopping $700
Sony finally announced the PS5 Pro, and while it'll offer better gaming performance, it's going to cost you......»»
Magna CEO says North American contract assembly plant unlikely amid heightened uncertainty
Magna is pumping the brakes on a potential North American vehicle assembly plant as the supplier signals a more cautious approach to its contract manufacturing business......»»
EY survey: Consumers 14 percentage points less likely to purchase an EV this year
Expensive battery replacement costs and access to public chargers top the list of concerns preventing buyers from purchasing EVs......»»