BorgWarner profit soars as auto supplier eyes EV break-even point
Automotive supplier BorgWarner exceeded sales and profit expectations last year as it entered an "inflection point" in its bet on electrification, spinning off its fuel systems and aftermarket business and hitting break-even on the EV side as soon as.....»»
Stellantis cuts 2024 forecast on costs for U.S., Chinese competition
The profit margin will be dented by lower-than-expected sales in the second half across most regions, Stellantis said. .....»»
Google gives Gemini a boost in Sheets and a cool trick in NotebookLM
Using text prompts, Google Sheets can now create structured tables instead of plain text layouts, while NotebookLM will break down YouTube videos......»»
Daily 5 report for Sept. 27: More turmoil ahead in Vinnie Johnson"s minority certification controversy
The Michigan Minority Supplier Development Council isn't going away in its quest to strip Piston Group of its minority certification......»»
GTA V for PlayStation 5 is only $20 today — normally $40
Best Buy has cut the price of Grand Theft Auto V by 50% and if you don't already own it, you really need to buy it right now......»»
As Expected, Sony’s 30th Anniversary PS5 Pro Falls Prey to Scalpers
It's a bit unsurprising at this point. The post As Expected, Sony’s 30th Anniversary PS5 Pro Falls Prey to Scalpers appeared first on Phandroid. We suppose it was only a matter of time – not too long after Sony announced a spec.....»»
Another building block of life can handle Venus" sulfuric acid
Venus is often described as a hellscape. The surface temperature breaches the melting point of lead, and though its atmosphere is dominated by carbon dioxide, it contains enough sulfuric acid to satisfy the comparison with Hades......»»
NASA confirms space station cracking a “highest” risk and consequence problem
NASA and Roscosmos have not agreed on the point at which the leak rate is untenable. Enlarge / A high-resolution commercial Earth-imaging satellite owned by Maxar captured this view of the International Space Station on June 7 wi.....»»
Was Vinnie Johnson"s Piston Group the subject of a takeover plot?
The longtime auto supplier's favorable court decision was the culmination of a bitter legal fight that dragged on more than three years — and may not be done yet. An appeal was filed last week......»»
Daily 5 report for Sept. 26: This Jeep story reinforces why auto shows are suffering
What better way to make a new-vehicle splash than to do the unveiling on the 46th floor of a Tokyo high-rise with a breathtaking view of the nation's capital?.....»»
OpenAI drops nonprofit status in large-scale reorganization
OpenAI is reportedly planning to scrap the nonprofit structure of its core business in favor of a for-profit model that will be more attractive to investors......»»
OpenAI plans tectonic shift from nonprofit to for-profit, giving Altman equity
Under plans that have attracted criticism, shift may give Altman 7% equity in the firm. Enlarge (credit: Benj Edwards / OpenAI) On Wednesday, Reuters reported that OpenAI is working on a plan to restructure its core busi.....»»
Auto industry preps for unprecedented USMCA review as crucial elections loom
The auto industry is preparing for a first-of-its-kind review of the United States-Mexico-Canada Agreement in 2026, a process that could significantly impact automotive trade rules in the region......»»
Canadian auto industry pushes government to ban Chinese software, hardware
Canada’s auto industry is calling on the federal government to follow the lead of its U.S. counterparts in a push to ban Chinese software and hardware used in connected vehicles on American roads......»»
Auto companies struggle to recruit and keep software, tech talent
Outdated HR and hiring structures hinder the EV transition as competition for digital talent intensifies, according to Josh Bersin Co......»»
Overheard: View your repair shop from the perspective of the customer
Shop owners should spend a couple hours each month thinking about how the customer perceives their repair facility, Lauralee Schmidt, co-owner of Schmidt Auto Care in Springboro, Ohio, said on the "Ratchet+Wrench Radio" podcast......»»
Violence, harassment from students is overwhelmingly "part of the job" for Saskatchewan education sector workers
Saskatchewan education sector workers are experiencing disturbing levels of workplace violence and harassment, says a new report spotlighting a situation that has reached "a breaking point," according to its authors......»»
Lower-income households have high auto payments, according to Bank of America
The customers who purchased vehicles during the height of the inventory shortages are still feeling the strain; lower-income households seem to be feeling that strain the most......»»
Auto industry aims for digital experience as easy as smartphones, streaming services
Software-defined vehicle technology underpins an easy in-car experience, panelists said at the Automotive News Congress......»»
Traditional auto dealership franchises might work best, new study says
A new Oliver Wyman study, commissioned by NADA, believes the cost advantages of hybrid or direct-to-consumer auto distribution models have been overstated......»»
Tesla supplier goes bankrupt after $30M verdict in defective parts lawsuit in Ohio
Wrena filed for voluntary Chapter 11 bankruptcy in U.S. Bankruptcy Court with liabilities between $10 million and $50 million......»»