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CarGurus posts smaller Q2 profit on higher revenue

The vehicle marketplace company said revenue more than doubled in the second quarter, led by growth in transaction volume linked to its Instant Max Cash Offer feature......»»

Category: autoSource:  autonewsAug 9th, 2022

Quality woes hurt Ford earnings as GM outlook improves

Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»

Category: topSource:  autonewsRelated News8 hr. 22 min. ago

NYT Mini Crossword today: puzzle answers for Friday, April 26

The NYT Mini crossword might be a lot smaller than a normal crossword, but it isn't easy. If you're stuck with today's crossword, we've got answers for you here......»»

Category: topSource:  digitaltrendsRelated News16 hr. 50 min. ago

Study shows the longer spilled oil lingers in freshwater, the more persistent compounds it produces

Oil is an important natural resource for many industries, but it can lead to serious environmental damage when accidentally spilled. While large oil spills are highly publicized, every year, there are many smaller-scale spills into lakes, rivers, and.....»»

Category: topSource:  physorgRelated NewsApr 25th, 2024

Mobileye quarterly loss widens, revenue plunges as chip orders decline

Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory.  .....»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024

Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record

Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024

Hyundai doubles down on hybrids after Q1 profit slips 2.4%

After posting a 2.4 percent drop in quarterly profit, Hyundai said it will continue to expand its electrified model lineups globally by introducing more hybrids and new Ioniq models......»»

Category: topSource:  theglobeandmailRelated NewsApr 25th, 2024

Threads testing new option to let users automatically archive old posts

Meta has been experimenting with a lot of new features for Threads, its microblogging platform. Now Instagram boss Adam Mosseri revealed on Wednesday that the platform has started testing an option that will let users automatically hide old posts fro.....»»

Category: topSource:  pcmagRelated NewsApr 25th, 2024

NYT Mini Crossword today: puzzle answers for Thursday, April 25

The NYT Mini crossword might be a lot smaller than a normal crossword, but it isn't easy. If you're stuck with today's crossword, we've got answers for you here......»»

Category: topSource:  digitaltrendsRelated NewsApr 25th, 2024

Lithia Q1 net income down 28% as "normalization" returns to profit per vehicle

Lithia Motors said it sold 188,119 new and used vehicles, with gross profit per vehicle dropping 22% to $4,346 in the first quarter......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Group 1 net income falls nearly 7% in Q1 as company ramps up acquisitions

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production

Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined.....»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Group 1 net income falls nearly 7% in Q1 as it ramps up acquisitions

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Enhanced CRISPR method enables stable insertion of large genes into the DNA of higher plants

Scientists at the Leibniz Institute of Plant Biochemistry (IPB) have succeeded for the first time in stably and precisely inserting large gene segments into the DNA of higher plants very efficiently. To do this, they optimized the gene-editing method.....»»

Category: topSource:  physorgRelated NewsApr 24th, 2024

Research combines DNA origami and photolithography to move one step closer to molecular computers

Molecular computer components could represent a new IT revolution and help us create cheaper, faster, smaller, and more powerful computers. Yet researchers struggle to find ways to assemble them more reliably and efficiently......»»

Category: topSource:  physorgRelated NewsApr 24th, 2024

Group 1 net income falls nearly 7 percent in Q1

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Tesla profits drop 55% as Elon Musk dodges cheap car questions

Tesla spent $1 billion on GPUs even as its profit margins shrank by half. Enlarge / Tesla shares rose by almost 11 percent in premarket trading despite the disastrous financial results. (credit: CFOTO/Future Publishing via Getty.....»»

Category: topSource:  arstechnicaRelated NewsApr 24th, 2024

Lithia Q1 net income down 28% as margins slip

Lithia Motors said it sold 188,119 new and used vehicles with a gross profit of $4,346 in the first quarter......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Argentine students protest funding cuts to public universities

Tens of thousands of Argentine university students took to the streets Tuesday to protest cuts to higher public education, research and science under budget-slashing new President Javier Milei......»»

Category: topSource:  informationweekRelated NewsApr 24th, 2024

NYT Mini Crossword today: puzzle answers for Wednesday, April 24

The NYT Mini crossword might be a lot smaller than a normal crossword, but it isn't easy. If you're stuck with today's crossword, we've got answers for you here......»»

Category: topSource:  digitaltrendsRelated NewsApr 24th, 2024

Tesla Q1 net income drops 55% to $1.1 billion; revenue slides 9% to $21.3 billion

Gross margin fell in the first quarter to 17.4 percent from 19.3 percent in the year-earlier period......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024