CIS backend specialist Tong Hsing upbeat about automotive demand
CIS packaging and testing firm Tong Hsing Electronic is expected to see sales generated from the automotive applications register a high single-digit percentage growth in 2023......»»
5-figure EV discounts emerge amid bloated inventories
Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive......»»
Bloated EV inventory fuels 5-figure discounts. Will more buyers emerge?
Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive......»»
Musk apologizes for "incorrectly low" Tesla severance packages
Tesla has announced it will slash its global headcount by more than 10 percent as the automaker struggles with slowing demand for electric vehicles......»»
Rivian cuts more jobs with woes mounting for electric vehicle market
Rivian Automotive Inc. will cut an another 1 percent of its workforce, the second round of layoffs this year as the electric vehicle industry grapples with flagging consumer demand......»»
On-demand nutrient production system for long-duration space missions
When astronauts embark on long space missions, they'll need to grow their own food because pre-packaged meals from Earth lose their nutritional value over time. The BioNutrients project at Ames Research Center's Space Biosciences Division has solved.....»»
Solero Technologies, former BorgWarner controls unit, expands into Europe, EVs with acquisition
The acquisition of Kendrion's automotive business will double the company's annual revenue to about $500 million and open up new markets for the supplier......»»
Mobileye set to ship at least 46 million new assisted driving chips
Israeli automotive tech company Mobileye said on Wednesday it had secured orders to ship 46 million of its EyeQ6 Lite assisted-driving chips over the next few years as automakers race to makes cars safer and easier to drive. .....»»
IT and security professionals demand more workplace flexibility
The concept of Everywhere Work is now much broader, encompassing where, when, and how professionals get their work done — and flexibility has become a key workplace priority, according to Ivanti. Ivanti surveyed over 7,700 executive leaders, IT and.....»»
5 reasons Elon Musk is cutting jobs at Tesla ahead of Q1 earnings
"About every five years, we need to reorganize and streamline the company for the next phase of growth," CEO Elon Musk said. Tesla reports earnings April 23 after global sales fell 8.5 percent last quarter on weak demand......»»
Analyzing isotopes for nitrate in sake for combating beverage fraud in Japan
The demand for sake, a Japanese alcoholic drink, has increased globally. However, the rise in the popularity of sake has the potential for related beverage fraud. To address this issue, researchers from Japan have identified a novel method to authent.....»»
Study finds patterns of crop-specific fertilizer-nitrogen losses, opportunities for sustainable mitigation
Nitrogen fertilizers play an essential role in ensuring global food security. However, the applied fertilizer-nitrogen, particularly that exceeding crop demand and soil N retention capacity, can potentially escape into the environment and lead to a v.....»»
Man in days-long Henderson barricade was jujitsu specialist who overdosed: sources
Man in days-long Henderson barricade was jujitsu specialist who overdosed: sources.....»»
Group 1 to acquire UK retail operations of Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million and is expected to close in the third quarter......»»
Group 1 to acquire UK group Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million and is expected to close in the third quarter......»»
Group 1 to acquire U.K. group Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million. The deal is expected to close in the third quarter......»»
Kia joins hybrid shift amid "fluctuation" in "uneven" EV demand
Kia says it will expand its lineup of gasoline-electric hybrid vehicle offerings to nine models in 2028 and add hybrid options on most of its major nameplates......»»
Chevrolet, Toyota, Infiniti, Nissan and Hyundai dealerships change hands
Two transactions involved auto retailers ranked on Automotive News' list of the top 150 dealership groups based in the U.S......»»
Top 5 stories of the week: Stellantis job cuts; top 150 dealership groups
A quick look at the top automotive stories of the week......»»
Fisker"s few dealers remain upbeat about the struggling EV brand
Phil Harrison, dealer principal of Fisker Indianapolis, said one client traveled from Colorado to pick up his Ocean crossover. ‘The feedback from Ocean customers has been overwhelmingly positive,' he said......»»
Apply by April 19 to be considered for expanded Automotive News Best Dealerships To Work For
Apply by April 19 to be considered for Automotive News' expanded Best Dealerships To Work For program in 2024, with new categories and more winners......»»