Ford earnings: This is the elephant in the room for automaker
Ford earnings: This is the elephant in the room for automaker.....»»
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......»»
Ford Bronco sales slide unconcerning to dealers after 2 years of markups
U.S. sales of the Bronco SUV are down 16 percent this year, but dealers and analysts say it's a function of supply and demand finally normalizing. Accessories and other add-ons remain lucrative......»»
GM, Ford try to ease fleet customers" switch to EVs
Switching to an electric vehicle comes with a host of considerations, including when and where to charge it. For fleet operators, moving away from gasoline-powered vehicles also comes with business implications. Some companies might be interested.....»»
Report: Apple slashes iPhone 16 orders by 10 million units, but Pro sales look strong
Apple is just a week away from reporting its quarterly earnings, and providing a forecast for the holiday quarter. Today we may have received a preview of what to expect, though. Ming-Chi Kuo reports that iPhone 16 orders have been slashed by 10 mill.....»»
Stellantis to road test EV fleet with solid-state batteries
Stellantis NV plans to operate a test fleet of electric vehicles powered with solid-state batteries in two years’ time, taking a step toward potential commercialization of a technology that’s aimed at improving EV performance. The automaker wi.....»»
Cracked skull, fractured bones show dangers at Rivian"s factory
Rivian has only one plant, yet has racked up more U.S. safety violations initially deemed “serious” than any other automaker since the start of last year. .....»»
The CEO of Ford says he"s been driving a Xiaomi EV for the past 6 months and doesn"t want to give it up
The CEO of Ford says he"s been driving a Xiaomi EV for the past 6 months and doesn"t want to give it up.....»»
2025 Toyota GR Corolla gets an optional $2,000 automatic transmission
Toyota added an optional eight-speed automatic to its GR Corolla hot hatch for 2025, though the automaker expects that just 22 percent of consumers will choose the $2,000 option......»»
VW China marketing chief Jochen Sengpiehl deported after drug test, reports say
Veteran marketing executive Jochen Sengpiehl's future at VW is uncertain. The automaker has launched an internal investigation after he was deported to Germany from China......»»
VW China marketing chief Jochen Sengpiehl deported after drug test
Veteran marketing executive Jochen Sengpiehl's future at VW is uncertain. The automaker has launched an internal investigation after he was deported to Germany from China......»»
VW China marketing chief Jochen Sengpiehl deported after drugs test
Veteran marketing executive Jochen Sengpiehl's future at VW is uncertain. The automaker has launched an internal investigation after he was deported to Germany from China......»»
Apple"s iPad mini 6 falls to record low $349, making room for 7th Gen
The last-gen iPad mini 6 is back on sale at Amazon, returning to its all-time best price of $349.99 as the iPad mini 7 hits store shelves tomorrow.Grab blowout deals on the iPad mini 6 - Image credit: AppleBlowout deals are in effect on the iPad mini.....»»
GM Financial net income down 11% in Q3
General Motors Financial saw net income fall by more than 10 percent year over year in Q3 2024 earnings as the GM captive finance company grew its financing income but spent more on interest......»»
Tesla faces questions on robotaxi service, $25,000 model and flat sales in Q3 earnings report
Wall Street analysts expect a drop in Tesla's third-quarter margins after it boosted incentives to juice sales of its aging core vehicles, the Model Y crossover and Model 3 sedan......»»
Daily 5 report for Oct. 21: Making sense of Q3 earnings reports beyond "beats" and "misses"
Innumerable disclosures figure into analyzing the overall health of a publicly traded company......»»
Rare fossils of extinct elephant document the earliest known instance of butchery in India
During the late middle Pleistocene, between 300 and 400 thousand years ago, at least three ancient elephant relatives died near a river in the Kashmir Valley of South Asia. Not long after, they were covered in sediment and preserved along with 87 sto.....»»
Ford, Calif. dealership can"t coerce customer into arbitration over lemon law complaint, appeals court rules
Ford Motor Co. and the dealership that serviced a 2020 F-250 Super Duty can't force the pickup's owners to arbitrate their lemon law claim, a California appeals court ruled......»»
GM, Ford brace for investor scrutiny over Q3 pricing power, EV losses
GM is set to release its results for the July to September period on Oct. 22, while crosstown rival Ford will report on Oct. 28......»»
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. .....»»
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......»»