Ford compensating Mustang Mach-E buyers for delays amid strong demand
The automaker said it would cover the first month's payment of up to $1,000 for some owners and provide more free charging as 4,500 vehicles are being held up by quality checks......»»
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......»»
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......»»
Bernstein says buy Apple while stock price is low
Investment firm Bernstein is recommending clients buy Apple stock, and expects issues such as declining Chinese demand for the iPhone to be cyclical, especially with an AI iPhone.Apple is dealing with regulatory pressures and other unknownsBernstein'.....»»
Porsche dealership sales manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a Porsche dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
Scientists develop strong yet reusable adhesive from smart materials
Scientists from Nanyang Technological University, Singapore (NTU Singapore) have developed a smart, reusable adhesive more than 10 times stronger than a gecko's feet adhesion, pointing the way for development of reusable superglue and grippers capabl.....»»
No new Vision Pro before late 2026, and declining demand – neither matters
Mark Gurman’s latest Power On newsletter suggests that Apple isn’t expected to launch a new Vision Pro (or Vision something) model until the end of 2026. That follows another report last week, suggesting that demand for the spatial computer is.....»»
Ford BlueCruise driver assist under federal scrutiny following 2 deaths
NHTSA has opened an investigation after two separate fatal crashes at night. Enlarge / BlueCruise allows drivers to take their hands off the wheel but not their eyes off the road. (credit: Ford) The federal regulator res.....»»
Manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a luxury dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
NHTSA opens preliminary probe into Ford"s hands-free driving tech BlueCruise after 2 crashes
NHTSA said it confirmed BlueCruise was engaged in both vehicles immediately prior to the collisions......»»
TikTok owner has strong First Amendment case against US ban, professors say
Professor: US faces "uphill battle" justifying law against First Amendment suit. Enlarge (credit: Getty Images | NurPhoto) TikTok owner ByteDance is preparing to sue the US government now that President Biden has signed.....»»
Why Lenovo’s latest Pro laptop absolutely blew me away
The Lenovo Yoga Pro 9i 16 is a very strong entry in the 16-inch laptop class, with surprisingly good performance and a very nice mini-LED display......»»
Why Lenovo’s latest pro laptop absolutely blew me away
The Lenovo Yoga Pro 9i 16 is a very strong entry in the 16-inch laptop class, with surprisingly good performance and a very nice mini-LED display......»»
Mirror supplier Gentex"s Q1 net income rises 11% to $108 million, revenue reaches record $590 million
CEO Steve Downing credited the strong first quarter with increased take rates of mirrors with advanced features and technology......»»
Genesis" Claudia Marquez: We"re "becoming completely independent" from Hyundai in U.S.
The premium spinoff is becoming more independent from its mainstream counterpart with stronger brand awareness, new products and strong sales......»»
Top 5 stories of the week: GM, Ford and Tesla earnings; lowest-cost EVs
A quick look at the week's top automotive stories.....»»
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......»»
Don Petersen, CEO who steered Ford to success in late 1980s, dies at 97
A mechanical engineer with a zeal for quality, Petersen led the company during some of its most prosperous years and was only the second person outside the founding Ford family to lead the automaker, after his predecessor, Philip Caldwell......»»
BlizzCon 2024 is not happening despite Blizzard’s strong 2024 lineup
Blizzard Entertainment confirmed that BlizzCon 2024 is not happening, but it will leave the door open for the event to return in the future......»»
Honda unveils $11B investment for EV assembly, battery output in Canada
The company’s leadership was joined by a wide range of government officials, including Canadian Prime Minister Justin Trudeau and Ontario Premier Doug Ford, for the announcement......»»
Honda spending $11B on EV assembly, battery output in Canada, reports say
The company’s leadership will be joined by a wide range of government officials, including Canadian Prime Minister Justin Trudeau and Ontario Premier Doug Ford, for the announcement......»»