Honda to trim U.S. dealer profit margins
The company is also making some reductions and changes in marketing, advertising and service payments as it adjusts spending for the shift to electric vehicles......»»
The 2024 Honda Prologue—a dependable but somewhat dull EV
Borrowing a GM platform means being stuck with some of GM's design decisions. Enlarge / Honda's homegrown EVs won't be ready for another couple of years, but this is its Prologue. (credit: Jonathan Gitlin) Electric vehi.....»»
Volvo ups sticker price on new EX90 EV by $3,300 despite missing features
One Volvo dealer said 40 percent of his EX90 reservations were canceled because the EV will be missing several safety and entertainment features at launch......»»
Dodge Charger Daytona R/T to start at $61,590
Dodge's first electric Charger will start at $61,590 for the 496 hp Daytona R/T trim, only a $2,075 jump from the Charger Scat Pack widebody with 485 hp discontinued last year......»»
Super Micro gives margin, profit forecasts below estimates; shares tumble
Super Micro gives margin, profit forecasts below estimates; shares tumble.....»»
Honda quarterly profit rises to record high on strong U.S. sales, weak yen
Honda has been cashing in on a surge in demand for hybrids as fading subsidies weigh on sales of battery-electric vehicles globally. The weak yen is helping out, too. .....»»
DARCARS Honda and owners face civil charges for alleged deceptive sales practices
DARCARS denies the allegations filed in a Maryland Attorney General statement of charges in July......»»
More dealerships close as Tropical Storm Debby lingers over Southeast
One state auto dealer association leader said he was concerned about the slow-moving nature of the storm......»»
TrueCar"s Q2 net losses decrease thanks to higher dealer franchise revenue
The CDK cyberattacks caused some impact, but the vehicle listings company reduced losses, grew revenue and formally launched its enhanced TrueCar+ pilot......»»
Elon Musk says Tesla is an AI company now. Here’s how plausible that is.
As Tesla's core business starts to falter, CEO Elon Musk has robot fever. Enlarge (credit: Aurich Lawson | Getty Images) When Tesla recorded its first annual profit in 2020, it had done something fairly remarkable. Start.....»»
Carlos Ghosn calls Nissan-Honda-Mitsubishi deal a ‘disguised takeover" by Honda
Fugitive former Nissan Chairman Carlos Ghosn says Nissan's plan to team with Honda and Mitsubishi smells like a ‘disguised takeover' by Honda but will be a difficult partnership to pull off successfully no matter how it shapes up......»»
Toyota dealer donates van to paralyzed shooting victim
Toyota of Montgomery provided an accessible van to Amy Dicks, who was struck by a bullet and paralyzed while driving to work......»»
Update to wireless CarPlay for under $100 [20% off]
Do wireless CarPlay adapters actually work? In 2017, I bought a Honda Civic that came with wired Apple CarPlay. I really wanted wireless CarPlay in the Civic, but replacing its entertainment system at the time seemed like overkill. Fortunately, there.....»»
Subaru production, profits undercut in latest quarter by fatal plant accident in Japan
The export-dependent carmaker still managed to eke out a profit thanks to hefty windfall gains from favorable foreign currency fluctuations......»»
California dealership to pay $290,000 to settle environmental violations complaint
Del Grande Dealer Group, in California's Bay Area, improperly disposed of automotive waste and failed to shred documents with customer information, authorities said......»»
Apple reports record Q3 2024 earnings with $85.78 billion in revenue
Apple has revealed its full earnings report for the fiscal third quarter of 2024. The company reported $85.78 billion in revenue during the three-month period, covering April, May, and June. Net profit for the quarter came in at $21.45 billion, and e.....»»
Rearview camera recalls are becoming common. Here"s why
Ford, Volkswagen, Stellantis and Honda have experienced recalls in recent months because of faulty rearview cameras, all from different suppliers......»»
Mobileye slashes annual forecasts on uncertain demand; shares fall
Mobileye Global cut its annual revenue and profit forecasts on Thursday, slammed by volatile demand for its driver-assistance chips in China, even as it recovered from a sales slump brought on by a global auto inventory glut......»»
VW Group profit falls on restructuring charges, lower deliveries
At VW's so-called core group, which consists of the VW, Skoda and Seat brands, profitability dropped to 5 percent......»»
Hybrids, currency windfalls help Toyota extend record profit momentum
Gasoline-electric hybrid cars helped bolster Toyota earnings in the latest quarter because hybrids typically have bigger margins and sell for higher prices......»»
New Japanese EV alliance emerges with Nissan, Honda, Mitsubishi
Nissan and Honda are a step closer to forming a new Japanese alliance with Mitsubishi in a bid to build next-generation software-defined EVs and to catch up in the global EV race......»»