GM, Toyota, Honda, Hyundai, Kia rack up more U.S. sales gains in Q3
Analysts expect U.S. light-vehicle sales to rise 13 to 14 percent in September and 15 to 16 percent for the third quarter as retail inventories improve and fleet shipments rebound......»»
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.....»»
Lithia Q3 net income dinged by acquisition costs; quarterly revenue hits record
Lithia Motors Inc.'s net income fell 16 percent during the third quarter as the company bought three Florida dealerships and a remaining minority stake in Pfaff Automotive Partners......»»
BMW U.S. boss bets on another record sales year despite Q3 slump
A recall-related stop-sale in the third quarter flipped BMW brand's 3.1 percent first-half sales increase into a 0.2 percent decline after nine months......»»
Apple may cancel Vision Pro production to focus on a new cheaper model
Since Apple started selling its Vision Pro headset in February, sales have been lower than anticipated. Even after this spatial computer expanded to some international … The post Apple may cancel Vision Pro production to focus on a new cheaper.....»»
Apple severely cuts Vision Pro production, and may stop it completely very soon
Production of the Apple Vision Pro scaled back considerably over the summer, but a new report claims there's a chance Apple may stop it entirely by the end of the year.Apple Vision ProThe Apple Vision Pro isn't a mass-market device with massive sales.....»»
Trump says he"ll make interest on car loans tax deductible for vehicles made in U.S.
Trump has not specified if the tax breaks would be available to many foreign-owned automakers who produce millions of vehicles in the U.S., including Volkswagen Group, Toyota and Hyundai......»»
Toyota plans 20% increase in 2025 Sienna minivan production
The 2025 Toyota Sienna's midcycle refresh concentrates on the minivan's interior, where a new rear-seat passenger reminder system and updated multimedia systems will be standard......»»
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......»»
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.".....»»
Ram"s U.S. sales are rebounding after incentive drive, CEO says
Light-truck brand is trying to clear inventory ahead of two new launches by year-end: the all-electric Ram REV, and the Ramcharger, a battery-powered pickup with an on-board gas generator to boost range and towing capacity......»»
A 2nd major recall for Honda in October, this time for pumps that can crack, leak fuel
A 2nd major recall for Honda in October, this time for pumps that can crack, leak fuel.....»»
Apple"s iPhone 16 range sees 20% jump in sales in China
New figures say that in China, the iPhone 16 range sold a fifth more in its first three weeks than the iPhone 15 did in 2023.iPhone 16 Pro modelsOverall, iPhone 16 sales have reportedly been lackluster, but Counterpoint Research claims that so far, t.....»»
Russian officials buy four times more iPhones after ban
Despite an official ban on Russian government workers using the iPhone, an unreliable report says that sales have risen dramatically.Moscow at night — image credit: Evgenit/PixabayIt was in 2023 that Russia's Federal Security Service (FSB) tried ba.....»»
Early Chinese Singles" Day offers include an iPhone 16 price drop
Shoppers in China can get a deal on the iPhone 16 ahead of Singles Day, as Apple's smartphone receives a price cut in early promotions for the sales event.iPhone 16 ProSingles Day, also known as Double 11, is an annual event in China, which usually i.....»»
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......»»
Faulty fuel pump triggers Honda recall of over 700,000 vehicles in U.S.
A cracked core component in the fuel pump can lead to fuel leaks, increasing the risk of fire if an ignition source is present nearby......»»
Nissan sales boss downshifts beleaguered brand"s U.S. share target
The former Lexus marketer is working to flip old perceptions and draw new buyers by targeting the rational and emotional impulses involved in car buying......»»
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. .....»»
Hyundai recalls 1,568 hydrogen vehicles in the U.S. for gas leak
A faulty part in the 2019–24 Hyundai Nexo causes vehicles to make a "wind-rushing noise" and a white fog to appear at its rear......»»
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......»»