Ford drops EV sales cap, lowers training costs for some dealers
Although enrollment for its EV certification program closed last month, Ford will allow dealers to change their mind on a case-by-case basis......»»
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......»»
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......»»
FCC fines big three carriers $196M for selling users’ real-time location data
FCC finalizes $196M penalties for location-data sales revealed in 2018. Enlarge (credit: Getty Images | SOPA Images ) The Federal Communications Commission today said it fined T-Mobile, AT&T, and Verizon $196 million "fo.....»»
Behavioral therapy against aging: Researchers study the effect of therapies on older dogs
It is well known that getting plenty of exercise and mental training are important for a long and healthy life. But which is more effective? Do the tasks develop abilities that go beyond them?.....»»
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......»»
Lear to acquire Spanish automation supplier to ease labor costs
Financial terms were not disclosed for the deal, announced Monday and expected to close by the third quarter......»»
Flash deals: Best Buy slashes iPad Air 5 to $399.99, Apple Pencil 2 drops to $79
Best Buy has issued a $200 price cut on Apple's iPad Air 5 ahead of Apple's iPad event on May 7. Pair it with the Apple Pencil 2 that's on sale for $79 for the ultimate Mother's Day gift.Apple's iPad Air 5 dips to lowest price on record.Grab the 64GB.....»»
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.....»»
Why Tesla"s Full Self-Driving rollout in China matters
Enabling FSD in China would provide a buffer to Tesla's declining EV sales and allow the automaker to better compete with local rivals in the world's largest auto market where driver assistance and other connected car features are prized......»»
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......»»
Huawei"s smart car tech offers Audi, other automakers route to China sales
Huawei's rapid emergence as a key auto supplier highlights the telecommunications equipment maker's drive for sources of growth after U.S. export controls pursued on national security grounds since 2019 hammered its businesses, especially smartphones.....»»
Putting Microsoft’s cratering Xbox console sales in context
Why declining quarterly numbers might not be awful news for Microsoft's gaming business. Enlarge / Scale is important, especially when talking about relative console sales. (credit: Aurich Lawson | Getty Images) Yesterda.....»»
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.....»»
Following a great launch quarter, China iPhone sales are pretty bad so far in 2024
After the second-best iPhone launch quarter Apple has ever had in China, new sales estimates claim that Apple also had the biggest quarterly drop it has ever had.iPhone 15 ProFigures from Counterpoint Research have already claimed that Apple's iPhone.....»»
Amazon drops Apple"s M3 MacBook Air to record low $989
Apple's recently released M3 MacBook Air has dropped to an all-time low of $989 at Amazon while supplies last.The month-end $989 promotion applies to Apple's standard 13-inch MacBook Air with the M3 chip — and every color is eligible for the $110 i.....»»
5 defining moments from Tesla"s Q1 earnings
Industry analysts expected bad news from Tesla's first-quarter earnings report after weak sales. But CEO Elon Musk provided an upbeat narrative by announcing new affordable models for next year......»»
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......»»
Arizona TSMC facility continues to fight cultural battles, rising costs & logistical hurdles
Apple chip partner TSMC faces significant barriers that impede the Arizona chip fabrication facility's progress, and the culture clash between American and Taiwanese employees doesn't seem to be getting batter.TSMC's Arizona facility grapples with ri.....»»