BYD 3Q22 gross margin nears 20%
BYD posited a big leap in revenue and net profit for the third quarter this year. Production growth slowed but gross margin rose to 19%......»»
Porsche"s new Macan, 911 put a damper on profitability
Operating margin is set to come in between 15 percent to 17 percent this year, which is below the company’s mid-term goals......»»
Daily Telescope: A brilliant shot of a comet as it nears the Sun
The comet should brighten further as it nears the Sun in the coming weeks. Enlarge / Comet 12P/Pons-Brooks and the great Andromeda Galaxy. (credit: Gianluca Masi) Welcome to the Daily Telescope. There is a little too.....»»
F&I gross profit per vehicle down for 4 of 6 publics in Q4
Same-store finance and insurance gross profit per car sold fell at four of the top six franchised auto dealership groups in the fourth quarter compared with a year earlier. AutoNation was the only major new-vehicle public retailer to grow F&I profit.....»»
EV maker Polestar raises $950 million, anticipates improved profit margin
Polestar projects double-digit gross profit margin by year end......»»
SpaceX seeks a waiver to launch Starship “at least” nine times this year
"They're looking at a pretty aggressive launch schedule this year." Enlarge / SpaceX's second Starship rocket is seen on the launch pad at its Starbase facility in South Texas. (credit: SpaceX) As SpaceX nears its first.....»»
Q4 new-vehicle gross profits drop for big 6 public auto dealers
High interest rates, more expensive vehicles and a steadier post-pandemic supply chain are reducing new-vehicle gross profit, but it is still higher than pre-pandemic levels. That could change by year end......»»
Lyft’s CEO says ‘my bad’ on margin error, ‘it was one zero’
Lyft Inc. Chief Executive Officer David Risher’s response to a clerical error that unintentionally inflated the company’s earnings outlook on Tuesday and sent shares soaring: “My bad.”.....»»
The City of Tomorrow Will Run on Your Toilet Water
Researchers are finding better ways to extract drinking water, compost, and even energy from wastewater. It’s not gross. It’s science......»»
Honda quarterly profit jumps 35% on booming North America sales
Honda posted a 35 percent jump in quarterly operating profit as sales boom in North America and a better mix of higher margin vehicles propels the automaker......»»
Honda quarterly profit jumps 35% on booming North America
Honda posted a 35 percent jump in quarterly operating profit as sales boom in North America and a better mix of higher margin vehicles propels the automaker......»»
Honda quarterly profit jumps 35% on booming N. America
Honda posted a 35 percent jump in quarterly operating profit as sales boom in North America and a better mix of higher margin vehicles propels the automaker......»»
Bosch pushes back margin target, warns of further job cuts
Bosch said it is in talks with employee representatives in its mobility department about "personnel adjustments," adding redundancies were off the table under agreements struck between the company and its works council until 2027......»»
Group 1 Q4 net income falls more than 30%; revenue gains 10%
New-vehicle sales grew 14.8 percent in the fourth quarter, but gross margin for new vehicles fell from 10.5 percent to 8 percent......»»
Tesla profits, margins slip in Q4 as revenue inches higher
The company reported a gross margin of 17.6 percent for the three months ended December, compared with 23.8 percent a year earlier......»»
"It"s not game over—it"s game on": Why 2024 is an inflection point for the climate crisis
In 2024, global climate trends are cause for both deep alarm and cautious optimism. Last year was the hottest on record by a huge margin and this year will likely be hotter still. The annual global average temperature may, for the first time, exceed.....»»
Seceon aiSIEM-CGuard protects cloud-powered applications and infrastructure
Seceon announces aiSIEM-CGuard enabling partners and customers with comprehensive protection, detection, automatic remediation for cloud-powered resources. With an automated signup process and margin-friendly pricing, MSP/MSSPs can now add protection.....»»
Piston Group"s bitter legal fight over minority certification nears the end
The dispute pits the country’s largest Black-owned auto supplier against the nonprofit tasked with certifying businesses as minority enterprises......»»
Study combines storytelling and movement to improve language and motor skills in early years
Combined storytelling and movement lessons delivered by teachers can improve language and gross-motor skills in young children, according to a new study by psychology and sport science experts at Nottingham Trent University and Coventry University......»»
Apple is closing many of its stores in the US early as Vision Pro launch nears
Apple Vision Pro is coming, and that means Apple Store locations in the United States will have some weird hours in the coming days. more….....»»
macOS 14.3 RC now available as the official release nears
A week after releasing the second macOS 14.3 beta version, Apple is now seeding the RC version of this upcoming operation system update. At the moment, the … The post macOS 14.3 RC now available as the official release nears appeared.....»»