Dana sees profits plunge in Q2
Second-quarter net income at the major supplier dropped by nearly 85 percent in the second quarter, reflecting lower operating earnings caused by the unfavorable impact of foreign currency values, a spike in costs and supply chain challenges......»»
Lithia saved $50 million more than planned through Q3, sees another $100 million soon
Lithia Motors Inc. by the end of the third quarter reduced expenses by $50 million more than the group's original target for a cost-cutting initiative launched this year, COO Adam Chamberlain said Oct. 23 on the company's Q3 earnings call......»»
GM sees China red ink grow in Q3 amid extended sales slump
GM is working to restructure its struggling business in China, where its market share has fallen amid heightened competition, particularly from domestic brands selling low-priced EVs......»»
Satechi’s best 3-in-1 wireless charging pad now charges your Apple devices twice as fast
Satechi unveiled an upgrade to its popular 3-in-1 charging accessory, the Trio Wireless Charging Pad. Now with Q2 technology, it can simultaneously deliver 15W of … The post Satechi’s best 3-in-1 wireless charging pad now charges your App.....»»
Apple"s iPhone 16 range sees 20% jump in sales in China
New figures say that in China, the iPhone 16 range sold a fifth more in its first three weeks than the iPhone 15 did in 2023.iPhone 16 Pro modelsOverall, iPhone 16 sales have reportedly been lackluster, but Counterpoint Research claims that so far, t.....»»
Longtime Ford supplier Dana explores sale of off-highway unit, report says
Any sale would leave Dana focused on passenger cars and trucks, making it potentially attractive for other automotive suppliers. .....»»
Autoliv"s Q3 profits meet expectations as supplier outperforms global market
The safety equipment supplier's third-quarter sales decreased 0.8 percent in an overall market where global light vehicle production was down 4.8 percent......»»
LVMH’s Bernard Arnault sees nearly $10 billion in wealth wiped out after share-price bloodbath
LVMH’s Bernard Arnault sees nearly $10 billion in wealth wiped out after share-price bloodbath.....»»
Apple shares season two trailer for sci-fi series Silo
Apple today released the season two trailer for Silo, the hit sci-fi series on Apple TV+. Based on the , the show sees Juliette (Rebecca Ferguson) in a world where everyone is living underground, in a silo that is shrouded in mystery. Silo became.....»»
How profits from big pharma"s use of genetic information could revolutionize nature conservation
The blue blood of threatened horseshoe crabs contains a chemical essential for testing the safety of vaccines. So these ancient creatures are highly sought after by pharmaceutical companies worldwide, contributing to declines in their populations......»»
Nobel chemistry winner sees engineered proteins solving tough problems
Whether it's battling tumors or breaking down plastic, American scientist David Baker, co-recipient of this year's Nobel Prize in Chemistry, has an answer: engineering proteins that don't naturally exist—a concept once dismissed as "crazy.".....»»
Wildlife populations plunge 73% since 1970: WWF
Wild populations of monitored animal species have plummeted over 70 percent in the last half-century, according to the latest edition of a landmark assessment by WWF published on Thursday......»»
Industry sees influx of qualified minority dealer candidates, NAMAD president says
Automakers see the most success with minority dealer growth when it's a business directive that comes from the top of the company, said NAMAD President Perry Watson IV......»»
A US climate scientist sees hurricane Helene"s devastation firsthand
Carl Schreck spent his career studying tropical storms thousands of miles away from home......»»
Stellantis U.S. sales drop signals more troubles ahead; "there are a lot of things in play"
Stellantis upped its incentive spending in the third quarter, but its U.S. sales still fell 20 percent, and it warned of lower profits than expected this year......»»
Hurdle hints and answers for October 4
Hints and answers to today's Hurdle all in one place. If you like playing daily word games like Wordle, then Hurdle is a great game to add to your routine. There are five rounds to the game. The first round sees you trying to guess the word, wi.....»»
Rainbow PUSH Automotive Project presses ahead amid DEI backlash
Despite Ford's pullback on DEI efforts, the chairman of the Rainbow PUSH Coalition Automotive Project sees the industry continuing to be more inclusive......»»
Daily 5 report for Oct. 3: Why Carvana is now a permanent player in auto retailing
Carvana, the innovative online auto retailer with its can't-miss vending machines throughout the U.S., generates solid profits and its shares trade in the $170s......»»
An Ultrathin Graphene Brain Implant Was Just Tested in a Person
A Spanish biotech company sees the carbon material as a way to power the brain-computer interfaces of the future......»»
iPhone 16 Pro Max vs Pixel 9 Pro XL camera shootout sees iPhone win
An iPhone 16 Pro Max vs Pixel 9 Pro XL camera shootout carried out in a variety of indoor and outdoor lighting conditions has seen the iPhone declared the winner, albeit by a relatively slim margin. You might not get that impression when you first.....»»
Tesla reverses sales slump, sees modest growth in Q3
Deliveries were up, but not enough to meet analysts' estimates. This morning, Tesla posted its sales and production numbers for the third quarter of 2024. While not spectacular w.....»»