Despite uncertainty, supplier spending surges to meet EV, AV demand
Suppliers such as Hyundai Mobis, Denso, Magna and Robert Bosch are among those to have recently announced major investments in their manufacturing and R&D capabilities......»»
Hyundai Mobis, Zeiss push full-windshield holograph video display
Hyundai Mobis is teaming with optics specialist Zeiss to turn the entire windshield into a head-up video screen thanks to a downsized holographic projection system the South Korean automotive supplier hopes to put into production around 2027......»»
Daily 5 report for Oct. 18: Bosch and Rivian"s court fight isn"t the typical supplier vs. automaker dispute
These kinds of disputes happen often in the supply chain, but rarely lead to litigation because neither side is angry enough to air its dirty laundry in public......»»
Nemak"s Q3"s net income takes a tumble
The automotive supplier faces challenges with labor costs and product pricing, along with restructuring efforts amid the transition to electric vehicles from internal combustion engines......»»
The 2025 GMC Sierra EV Denali is $10K cheaper than the 2024 model
The 2025 GMC Sierra EV Denali has been announced, and it's thankfully a whole lot cheaper than the 2024 model -- without sacrificing things like range......»»
iPhone 16 sales in China are surprisingly great, despite Apple Intelligence uncertainty
Ahead of Apple’s quarterly earnings later this month, we’re getting a better picture of how the iPhone 16 line is selling—and it looks very good. The latest evidence is a report on sales in China, where Apple is seeing big launch numbers despit.....»»
Half of Americans have forgotten to cancel a trial subscription
A new survey reveals that almost half of Americans have forgotten to cancel a trial subscription. It also corroborates earlier findings that we’re now spending around $1,000 a year on subscription services. The survey comes as the FCC announced.....»»
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......»»
CATL reports big miss in quarterly income as EV demand cools
Contemporary Amperex Technology Co. Ltd. reported quarterly net income well short of analyst estimates as the global slowdown in electric vehicle sales starts to bite. While net income for the third quarter ended Sept. 30 rose 26 percent to 13.1 b.....»»
Rivian, Bosch point fingers in lawsuits over production woes
Rivian is locked in a legal fight with the world’s largest automotive supplier over motors in the R1 pickup truck and SUV as the electric vehicle maker grapples with ongoing production issues. .....»»
How extreme weather and costs of housing and insurance trap some households in a vicious cycle
Climate change is increasing the risk of extreme weather events for Australian households. Floods and bushfires are becoming more likely and severe. As a result, household insurance costs are soaring—tripling in some cases. High-risk areas might ev.....»»
Despite massive security spending, 44% of CISOs fail to detect breaches
Despite global information security spending projected to reach $215 billion in 2024, 44% of CISOs surveyed reported they were unable to detect a data breach in the last 12 months using existing security tools, according to Gigamon. Blind spots under.....»»
Qualcomm cancels Windows dev kit PC for “comprehensively” failing to meet standards
Snapdragon Dev Kit was supposed to ship in June but was repeatedly delayed. It's been a big year for Windows running on Arm chips, something that Microsoft and Arm chipmakers have.....»»
Ford paying dealers to take F-150 Lightnings from new EV distribution centers
Dealers can make $22,500 by ordering 15 F-150 Lightnings from regional EV distribution centers designed to reduce carrying costs and give customers quicker access to more inventory......»»
EV-maker Lucid expects to raise $1.67 billion from stock sale
EV-maker Lucid expects to raise $1.67 billion from a combined public offering and private placement of roughly 637 million shares......»»
Fresh GM models, Tesla Cybertruck help boost U.S. EV registrations 18%, latest data shows
Tesla remained the top EV maker, but its market share fell to 46 percent in August from 51 percent a year earlier as legacy brands such as Chevrolet, Honda and Kia chipped away at its commanding lead......»»
Fake Google Meet pages deliver infostealers
Users of the Google Meet video communication service have been targeted by cyber crooks using the ClickFix tactic to infect them with information-stealing malware. Fake Google Meet video conference page with malicious ClickFix pop-up (Source: Sekoia).....»»
Daily 5 report for Oct. 16: Detroit 3 suppliers face major conundrum on China business
Many suppliers who bought into rosy EV production forecasts from their Detroit 3 customers now face the reality of unmet expectations......»»
GM wheel supplier files for Chapter 11 bankruptcy amid pricing dispute
Accuride and its subsidiaries petitioned for voluntary Chapter 11 bankruptcy protection in Delaware and in Canada, aiming to shed debt and money-losing business......»»
Why plug-in hybrids are failing to win over EV-hesitant consumers
Automakers' hopes of easing the EV transition with plug-in hybrids may be falling short, according to a J.D. Power report......»»
Apple secretly tapped BYD for long-range EV battery tech, report says
Apple and BYD teamed up around 2017 to build a battery system using lithium iron phosphate cells, Bloomberg reported, signaling just how far the iPhone maker went in its efforts to produce a car......»»