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GM says UAW strike has cost $800M so far

GM withdrew its 2023 financial guidance and EV production targets through mid-2024 as it reported a 7.3 percent decline in third-quarter net income......»»

Category: topSource:  autonewsOct 24th, 2023

Modeling study shows that marshes provide cost-effective coastal protection

Images of coastal houses being carried off into the sea due to eroding coastlines and powerful storm surges are becoming more commonplace as climate change brings a rising sea level coupled with more powerful storms. In the U.S. alone, coastal storms.....»»

Category: topSource:  physorgRelated NewsOct 23rd, 2024

Daily 5 report for Oct. 22: GM"s bullish forecast suggests it handled higher UAW labor costs

UAW President Shawn Fain can either tell GM "I told you so," or he can say "I should have asked for more.".....»»

Category: topSource:  autonewsRelated NewsOct 23rd, 2024

How much is Disney Plus? Plans, prices, and features explained

Disney's streaming service is one of today's most popular. But how much does Disney+ cost? We've got the answers, from pricing options to how you can save......»»

Category: topSource:  digitaltrendsRelated NewsOct 22nd, 2024

Meta Quest 3S is a disappointing half-step to Carmack’s low-cost VR vision

Significant visual and comfort compromises make last year's Quest 3 a better VR investment. It's been just over two years now since soon-to-depart CTO John Carmack told a Meta Con.....»»

Category: topSource:  arstechnicaRelated NewsOct 22nd, 2024

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......»»

Category: topSource:  autonewsRelated NewsOct 22nd, 2024

Vehicle cost and high rates are holding back middle-income Americans, according to Santander

Thirty percent of those surveyed said they were likely to take out an auto loan if rates came down......»»

Category: topSource:  autonewsRelated NewsOct 22nd, 2024

GM raises 2024 guidance as Q3 revenue climbs 11%; net income flat; shares rise

GM said it earned nearly $4 billion in North America as third-quarter revenue in the region jumped 14 percent to a record $41.2 billion. Shares rose 7.7 percent in morning trading. .....»»

Category: topSource:  autonewsRelated NewsOct 22nd, 2024

A blueprint for mapping melting ice sheets: Open-source tool can help make radar systems at a fraction of the cost

Researchers in the Stanford Radio Glaciology lab use radio waves to understand rapidly changing ice sheets and their contributions to global sea-level rise. This technique has revealed groundwater beneath Greenland, the long-term impacts of extreme m.....»»

Category: topSource:  pcmagRelated NewsOct 22nd, 2024

GM is closing cold weather development center in Canada

After 50 years of research and development, General Motors is closing its Cold Weather Development Centre in Kapuskasing, Ont., saying the work done at the facility has become “redundant.”.....»»

Category: topSource:  autonewsRelated NewsOct 22nd, 2024

GM raises 2024 guidance as Q3 revenue climbs 11%; net income flat

GM said it earned nearly $4 billion in North America as third-quarter revenue in the region jumped 14 percent to a record $41.2 billion......»»

Category: topSource:  autonewsRelated NewsOct 22nd, 2024

ByteDance intern fired for planting malicious code in AI models

Sabotage supposedly cost tens of millions, but TikTok owner ByteDance denies it. After rumors swirled that TikTok owner ByteDance had lost tens of millions after an intern sabotag.....»»

Category: topSource:  informationweekRelated NewsOct 21st, 2024

In wildfire-prone Oregon, grassland blazes are sapping state resources

Bert Siddoway heard the fire before he saw it, no seconds at all between the flash of lightning and the boom of thunder. The strike "shook the whole flipping town," he said, and immediately ignited a wildfire in a hard-to-reach spot in the hills abov.....»»

Category: topSource:  physorgRelated NewsOct 21st, 2024

AMD Ryzen 7 9800X3D might cost more than expected

AMD's Ryzen 7 9800X3D is most likely right around the corner, and early listings of the CPU give us a glimpse of the kind of pricing we can expect......»»

Category: topSource:  digitaltrendsRelated NewsOct 21st, 2024

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......»»

Category: topSource:  autonewsRelated NewsOct 21st, 2024

Used EVs could be answer for consumers seeking affordability

The depressed values of used electric vehicles present an attractive solution to cost-conscious consumers seeking transportation, business leaders said at the 2024 Auto Finance Summit......»»

Category: topSource:  autonewsRelated NewsOct 19th, 2024

Top 5 stories of the week: Stellantis walks back work-from-home push; GM eyes virtual vehicle development

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsOct 18th, 2024

Spirit Aero to furlough 700 workers for 21 days due to Boeing strike

Spirit Aero to furlough 700 workers for 21 days due to Boeing strike.....»»

Category: topSource:  informationweekRelated NewsOct 18th, 2024

How GM is using AI to catch quality problems

An automated tool runs software simulations around the clock to spot glitches before the code is integrated into a vehicle......»»

Category: topSource:  autonewsRelated NewsOct 18th, 2024

Amazon simplifies its lineup with the new Fire TV Stick HD

With the advent of the Amazon Fire TV Stick HD, the company's low-cost streaming stick lineup goes from four devices to just three......»»

Category: topSource:  digitaltrendsRelated NewsOct 18th, 2024

Daily 5 report for Oct. 17: GM clarifies "virtual by 2025" goal

A statement from General Motors said the automaker doesn't have plans to shift its entire development system to virtual at this point......»»

Category: topSource:  autonewsRelated NewsOct 17th, 2024