Ford swings to $3.3B net profit in Q1, warns of 50% cut in Q2 output
Ford lowered the top end of its full-year guidance, with the semiconductor shortage costing an estimated $2.5 billion. The company now expects to lose 1.1 million units of production throughout 2021......»»
Moscow warns Washington not to authorize attacks on Russian territory
Moscow warns Washington not to authorize attacks on Russian territory.....»»
HHS pledges $50M for autonomous vulnerability management solution for hospitals
As organizations in the healthcare sector continue to be a prime target for ransomware gangs and CISA warns about a vulnerability (CVE-2023-43208) in a healthcare-specific platform being leveraged by attackers, the Advanced Research Projects Agency f.....»»
4 EV trends emerged from latest U.S. registration data
The market for battery-electric vehicles has cooled after red-hot growth last year. Tesla is in the red, Ford and Hyundai are surging, Rivian is flat and big names such as Toyota are barely on the EV map......»»
Study finds Black and Hispanic Americans are disproportionately exposed to wider temperature swings
Extreme heat can harm human health, but so can extreme temperature swings. Large daily temperature variation (DTV) has been associated with elevated mortality in studies around the world. Trees and other vegetation can lower DTV, as trees reduce temp.....»»
Ford invests in hybrids and battery recycling amid EV transition, company vice president says
Lisa Drake spoke about strategy changes that Ford has made involving EVs, as part of a keynote discussion at the Automotive News Leading Women Conference......»»
Michigan Appeals Court backs Ford dealer"s request to arbitrate lease pricing case
The Michigan Court of Appeals upheld a lower court decision declaring a customer's allegations of lease pricing deception at a Westland car dealership needed to be resolved through arbitration......»»
Mich. Appeals Court backs Ford dealer"s request to arbitrate lease pricing case
The Michigan Court of Appeals upheld a lower court decision declaring a customer's allegations of lease pricing deception at a Westland car dealership needed to be resolved through arbitration. Appellate Judges Mark Cavanagh, Kathleen Jansen and Alli.....»»
The 2024 Automotive News Leading Women Conference in pictures
This year's conference featured keynote talks from Lisa Drake of Ford and Tia Battle of Hyundai Motor America......»»
Ford is using factory AI to lift quality control results
Ford is feeling the heat from Wall Street to reduce defects and the costly recalls they often incur. Last year, Ford paid $1.9 billion in warranty costs......»»
Ford tells dealers to halt EV investments while it alters certification program
The automaker plans to work with its dealer council in the coming weeks to make changes in response to feedback from a series of nationwide dealer meetings......»»
Vietnam urges Apple supplier Foxconn to cut power use by 30% amid energy concerns
Vietnamese officials have asked Apple supplier Foxconn to voluntarily reduce power usage by 30% at its northern assembly plants to prevent power shortages like last summer, which led to over a billion dollars in lost output. more….....»»
Five years on, Carlos Ghosn saga brings Nissan profit boost, new hearing for Greg Kelly
The Carlos Ghosn scandal continues to reverberate, as this month Nissan booked an unexpected profit windfall thanks to a favorable court ruling that followed the stunning corporate saga......»»
Ford seeks improved communication with new supplier program
The automaker has abolished its long-standing Aligned Business Framework, which prioritized some preferred suppliers, to focus on better communication with a more diverse group of parts makers......»»
Tesla"s March registrations fall 12% as rivals gain EV share, U.S. data shows
Overall, registrations for battery-electric vehicles rose 3.8% in March compared with the year-earlier month. Ford, Hyundai and Kia gained significant share in the EV segment, S&P Global Mobility said......»»
Ford issues "call to action" for EV suppliers
Ford's memo offers a look into how heavily the automaker is leaning on suppliers for help with EVs. It comes even as many of those suppliers grapple with dramatically lower volumes and production delays......»»
Ford built its own rallycross course to test newest Mustang Mach-E variant
Ford turned a grassy field at its sprawling Michigan Proving Grounds to create a series of winding dirt paths it used to torture test the Mustang Mach-E Rally......»»
Tesla Cybertruck beats Rivian R1T in March registrations, but Ford leads in EV pickups
In its fourth month on sale, the Tesla Cybertruck had 1,158 registrations versus the Rivian R1T's 548. The Ford F-150 Lightning led the EV pickup segment with 2,893, S&P Global Mobility data showed......»»
Soy biodiesel byproduct could enhance 3D printing industry
In a development that could advance the 3D printing industry, researchers at the University of Louisville have discovered a way to transform a significant waste output from soy biodiesel plants into a valuable resource......»»
"Free" delivery plans can profit both retailers and customers
In March, Target became the latest mega-retailer to offer "free" delivery—for a price. For $99 a year, subscribers to Target Circle 360 can place unlimited orders without having to worry about shipping costs. Target competes with similar plans offe.....»»
Profit, rules or values: Skills that lead to success on the labor market
There is no specific set of skills that university graduates need in order to be successful professionally. Rather, the required skills vary according to different areas of the labor market and their specific requirements......»»