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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

Apple’s Q2 2024 earnings reveal a drop in iPhone, iPad sales

Services growth looked rosy as Apple's hardware revenue in China slowed. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) Apple's earnings report for the second quarter of the co.....»»

Category: topSource:  arstechnicaRelated NewsMay 2nd, 2024

Apple announces Q2 2024 earnings, slightly beating expectations with $90.75 billion revenue

Apple has disclosed its fiscal year 2024 Q2 earnings results. The company reports $90.75 billion in revenue during the three-month period, dropping 4.31% year over year. Analysts expected revenue around $90.33 billion. Apple netted $23.64 billion i.....»»

Category: topSource:  theglobeandmailRelated NewsMay 2nd, 2024

BorgWarner generates higher revenue, earnings as demand grows for hybrids

Detroit automakers such as GM have plans to bring back hybrids to the market, feeding customer demand for a bridge to all-electric powertrains. BorgWarner's CEO kept details around hybrid quoting activity close to the vest......»»

Category: topSource:  autonewsRelated NewsMay 2nd, 2024

EU Core Technology Fee for small & non-profit developers pared way back

Responding to criticism that its Core Technology Fee for EU developers could see small App Store developers owing Apple excessive fees, the company has revised its rules for eligibility.European Union flagsAs part of complying with the EU's mandate t.....»»

Category: appleSource:  appleinsiderRelated NewsMay 2nd, 2024

NYT Mini Crossword today: puzzle answers for Thursday, May 2

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 NewsMay 2nd, 2024

Do earthquake hazard maps predict higher shaking than actually occurred? Research finds discrepancy

A new study by Northwestern University researchers and coworkers explains a puzzling problem with maps of future earthquake shaking used to design earthquake-resistant buildings. The research was published May 1 in the journal Science Advances in a p.....»»

Category: topSource:  physorgRelated NewsMay 1st, 2024

Tomorrow’s AAPL Q2 earnings likely to be $5B down

AAPL Q2 earnings are set to be announced tomorrow, and the company had already warned that we should expect a year-on-year revenue drop of around $5B. Analysts expect the same thing, and the outlook for Q3 isn’t expected to be any better, so in.....»»

Category: topSource:  pcmagRelated NewsMay 1st, 2024

Credit Acceptance Q1 net income down 35%; loan volume grows

Credit Acceptance Corp. Q1 2024 earnings: Net income fell 35 percent year over year during the first quarter as the major national car loan company grew its loan portfolio but had higher expenses......»»

Category: topSource:  autonewsRelated NewsMay 1st, 2024

Instagram shows love to smaller accounts that post original content

Instagram is adjusting its algorithm in a move that will give more prominence to smaller accounts that post original content......»»

Category: topSource:  digitaltrendsRelated NewsMay 1st, 2024

NYT Mini Crossword today: puzzle answers for Wednesday, May 1

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 NewsMay 1st, 2024

6 public auto dealership groups challenged by inflation, lower profit per vehicle

Asbury, AutoNation, Group 1, Lithia, Penske and Sonic continue turning to acquisitions or growing service and parts operations for new revenue sources......»»

Category: topSource:  autonewsRelated NewsMay 1st, 2024

Lear"s Q1 net income falls as auto supplier goes full bore into automation

Lear Corp. reached a revenue record in the first quarter but saw net income drop 24% as it navigates operational and restructuring challenges related to lower volumes......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Stellantis revenue falls 12% in Q1; North American shipments slip 20% amid transition to new models

Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Stellantis revenue falls 12% in Q1 on lower shipments amid transition to new models

Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

VW Group"s Q1 profit drops 20% on lower volumes, higher costs

The automaker's Porsche brand reported a 14.8 percent operating margin decline on higher model revamp investments and lower demand for premium cars in China......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Mercedes to stay firm on pricing following Q1 profit drop

Mercedes said model transitions in the top-end segment and supply chain-related costs caused its return on sales to fall to 9.6 percent from 14.9 percent a year earlier, with vehicle sales down 8 percent at 462,978......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Stellantis revenue falls 12% in Q1on lower shipments amid transition to new models

Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Penske Automotive Q1 net income falls 28%

Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

NYT Mini Crossword today: puzzle answers for Tuesday, April 30

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 30th, 2024

Study reveals cancer vulnerabilities in popular dog breeds

Medium-sized dogs have a higher risk of developing cancer than the very largest or smallest breeds, according to a UC Riverside study......»»

Category: topSource:  physorgRelated NewsApr 29th, 2024