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Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production

Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined.....»»

Category: topSource:  autonewsApr 24th, 2024

Indonesia flood death toll rises to 43 with 15 missing

The death toll from flash floods and cold lava flow from a volcano in western Indonesia over the weekend has risen to 43 with 15 more missing, officials said Monday......»»

Category: topSource:  physorgRelated NewsMay 13th, 2024

Indonesia flood death toll rises to 41 with 17 missing

The number of people killed by flash floods and cold lava flow from a volcano in western Indonesia over the weekend has risen to 41 with 17 more missing, a local disaster agency official told AFP Monday......»»

Category: topSource:  physorgRelated NewsMay 13th, 2024

Subaru to team with Toyota on 3 new EV crossovers through 2026

Subaru says it will lean on Toyota for next three all-electric crossovers and shift production of the best-selling Forester, including a new hybrid version, to the U.S......»»

Category: topSource:  autonewsRelated NewsMay 13th, 2024

More stable new-vehicle production means higher Q1 sales for suppliers

More stable new-vehicle assembly meant higher sales numbers in the first quarter for many North American suppliers, another welcome sign for parts makers hoping for more consistent production schedules form automakers......»»

Category: topSource:  autonewsRelated NewsMay 13th, 2024

Ford offers laid-off Canada workers "preferential" placement at Windsor plants

Ford Canada is offering “preferential” placements to several dozen laid-off workers in Oakville, Ont., who are willing to relocate as vehicle production ceases for a prolonged period that could last up to 3½ years. .....»»

Category: topSource:  autonewsRelated NewsMay 12th, 2024

Toyota"s massive $13.9B battery complex prepping to start production next year to power hybrids, EVs

Toyota's largest-ever investment in N.A. manufacturing is taking shape in rural N.C.; will ultimately provide batteries for locally built EVs, hybrids and PHEVs......»»

Category: topSource:  autonewsRelated NewsMay 12th, 2024

Harnessing breadfruit starch for bioethanol production

In a bid to address the growing demand for renewable energy, a team of scientists has turned to an unlikely source—the humble breadfruit. A recent study published in the Journal of Bioresources and Bioproducts has shed light on the bioprocessing of.....»»

Category: topSource:  marketingvoxRelated NewsMay 10th, 2024

Nothing to sneeze at: Experimental model shows pollen can change the weather

More than 80 million Americans suffer from seasonal allergies due to airborne pollen, according to the U.S. Centers for Disease Control and Prevention (CDC). Associated medical costs exceed $3 billion every year, with nearly half of those costs linke.....»»

Category: topSource:  marketingvoxRelated NewsMay 10th, 2024

Unveiling crucial virulent milRNAs implicated in the initial infection of Fusarium oxysporum f. sp. cubense

Fusarium oxysporum f. sp. cubense (Foc) is a typical soil-borne fungus that causes Fusarium wilt by infecting the roots and blocking the vascular tissues of host banana plants, and threatens global banana production. In total, four races have been re.....»»

Category: topSource:  marketingvoxRelated NewsMay 10th, 2024

NHTSA probes 200,000 Ford Super Duty trucks for risk of fire

NHTSA said it received 27 complaints alleging diesel fuel leaks due to a "fracture in the secondary fuel filter housing." The proximity of the secondary fuel filter to high heat sources could result in fire, NHTSA said......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

Zeekr tops IPO goal to raise $441 million

The listing by EV upstart Zeekr is the biggest by a China-based company in the U.S. since Didi Global’s $4.4 billion IPO almost three years ago......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

Ford hires former Lucid exec Sherry House as incoming CFO

Ford is promoting CFO John Lawler to vice chair, focusing on strategic development, global partnerships and engagement with global leaders......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

CarGurus reports net income jump, more digital wholesale losses

The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

ACV reports Q1 net loss of $20M; revenue up 22%

ACV also said the number of used vehicles transacted by dealers and commercial auto companies on its wholesale marketplace platform grew 15 percent year over year......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

BP keen to buy Tesla supercharging sites for U.S. expansion

BP Plc’s electric vehicle charging arm is eager to snap up Tesla Inc. supercharging sites across the US — along with the workers behind them — and has pledged $1 billion to expand its network......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

4 big takeaways from Rivian"s Q1 earnings report

Rivian reported a $1.45 billion net loss in the first quarter, higher than a year earlier. But it also laid out a roadmap for slashing production costs and launching a more affordable EV in 2026......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

New York City falls in new trailer for A Quiet Place: Day One

The alien invasion begins in A Quiet Place: Day One, and no one is getting out of New York City alive without some help and a lot of luck......»»

Category: topSource:  digitaltrendsRelated NewsMay 9th, 2024

Nearly 25% of Ford F-150s built are now hybrids, CEO says

The F-150 is a key pillar of Ford's hybrid strategy, which is gaining importance amid slower-than-expected demand for EVs......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

U.S. agency raises safety concerns on Ford crossover fuel leak recall

The National Highway Traffic Safety Administration (NHTSA) said last month it was investigating the adequacy and safety consequences of Ford's proposed recall remedy for 2022-2023 model year Bronco Sport and 2022 Ford Escape SUVs with 1.5L engines......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Researchers discover optimal conditions for mass production of ultraviolet holograms

Researchers have delved into the composition of nanocomposites for ultraviolet metasurface fabrication and determined the ideal printing material for crafting them. Their findings are featured in the journal Microsystems & Nanoengineering on April 22.....»»

Category: topSource:  theglobeandmailRelated NewsMay 9th, 2024