AutoNation Q4 net income slips 26% while revenue rises 1.7%
AutoNation's new-vehicle retail sales increased 4.3 percent in the quarter compared with the year-earlier period, but used-vehicle retail sales dropped 9.2 percent......»»
Lamborghini"s revenue rises 14% as switch to hybrid models nears completion
First-half deliveries increased 4 percent, putting Lamborghini on course to beat last year's record......»»
Gentex Q2 net income falls 21% on lower vehicle production
The mirror supplier said net income and revenue declined after a drop in light-vehicle production......»»
How Staphylococcus slips around between biological environments
It's an unpleasant fact that most of us are happy to ignore: Our mouths and noses are the natural homes to infectious and antibiotic resistant bacteria......»»
Lear says Q2 earnings rise on record sales, lowers outlook amid EV uncertainty
Lear reported record sales and a modest gain in second-quarter net income as the company brings more automation technology in-house and adjusts to rapidly changing EV strategies......»»
Early CDK Global DMS return helped ease Group 1"s Q2 losses
The auto retailer estimates it lost $17 million in pretax income in the second-quarter due to the CDK outage......»»
Ford Q2 earnings: Net income falls 4.5%, but revenue rises on strong commercial vehicle sales
Ford attributed a 6.5 percent revenue increase to strong results from its Ford Pro commercial vehicle unit, which earned $2.6 billion and achieved a 15.1 percent margin......»»
Group 1 net income falls 19% in Q2, hurt by CDK outage
All of the company's stores remained open and used alternative processes throughout the CDK outage, Group 1 said......»»
Perceptions of income inequality drive consumers" interests in counterfeit luxury goods, study finds
The study found that as perceptions of income inequality increased, consumers value counterfeit luxury products for their "egalitarian value," a worth associated with the fake goods' perceived ability to restore equality in society......»»
Tesla"s Q2 net income falls 45% to $1.5 billion, but revenue comes in slightly higher
Tesla reported revenue of $25.5 billion in the second quarter, compared with $24.9 billion a year earlier. Wall Street analysts on average had estimated revenue at $24.8 billion......»»
Protect the child, save the adult: An opportunity to cut Australia"s welfare costs by nearly 40%
New research from the University of South Australia shows that people who have suffered child abuse or neglect are three times more likely to access government income support payments in early adulthood, underlining the costly and long-term effects o.....»»
GM ups guidance after posting 14% higher profit, record Q2 revenue
GM said it set records for global revenue, North American profit and North American revenue in the second quarter, by strong sales of pickups and SUVs......»»
Using forest resources strengthens food security, study finds
Forests can reduce hunger in rural households while also capturing carbon and advancing sustainability goals for low- and middle-income countries, according to new research by University of Notre Dame experts......»»
How mantle hydration changes over the lifetime of a subduction zone
Because of interactions with Earth's hot mantle, water-logged oceanic plates release water as they slide beneath less dense overriding plates in subduction zones. This water rises and hydrates the mantle above it, contributing to the formation of vol.....»»
Fish biodiversity found to benefit nutrition, particularly for lower income people
Households caught and consumed a far more diverse array of fish than they sold at market, which has important implications for how loss of biodiversity might affect people's nutrition, especially for those with lower incomes. A Cornell study is one o.....»»
AutoNation, Sonic likely to be hardest hit on Q2 earnings by CDK cyberattack
Both the second- and sixth-largest dealership groups in the U.S. use CDK's dealer management system at all stores......»»
Fleet customers" data could generate revenue if automakers can learn to share
Offerings meant to sweeten the deal for telematics illustrate just how badly automakers want fleet customers to use their data-generating and tracking features......»»
AutoNation, Sonic likely to be hardest hit on Q2 earnings by CDK cyberattacks
Both the second- and sixth-largest dealership groups in the U.S. use CDK's dealer management system at all stores......»»
Ally Q2 net income slips 11%; auto income down 19%
Ally Financial's net income fell 11 percent in the second quarter as the bank set aside more money in case of losses, experienced higher expenses and drew less net revenue from financing......»»
Uber Eats eats into Uber ridesharing
When Uber expanded into food delivery, the move was expected to bring additional revenue to the ridesharing company. It certainly did......»»
Penske Automotive buys Bill Brown Ford, the world"s largest Ford dealership
Penske said it estimates the suburban Detroit dealership, founded in 1941 by the Brown family, will add $550 million in annual revenue. The dealership's name will stay the same. .....»»