Hybrids boost Toyota sales; Hyundai rebounds; Kia slips again
The U.S. new-vehicle market is expected to expand 5.6 to 6.3 percent in February, helped by growing inventories and higher discounts, analysts say, even as affordability concerns and elevated interest rates still weigh on buyers......»»
This 48-Inch LG OLED punches well above its weight, and it’s 50% off
LG might be over, but that doesn’t mean that the deals have to stop — in fact, they’re still going strong. Amazon isn’t the only one with discounts, as Best Buy has introduced a few post-Prime Big Deal Days sales to lighten yo.....»»
Mac sales are nosediving
Macs have reportedly experienced a 17.5% drop in annual growth in this past quarter......»»
Stellantis troubles pile up amid criticism from dealers, UAW, shareholders
Sales and earnings are down as the company wages a global cost-cutting crusade that has included layoffs, buyouts and engineering hires in low-cost countries......»»
Chery begins producing cars in Russian plants vacated by Western rivals
Chery's car sales in Russia are growing fast, data shows, and Chinese brands account for over half of Russia's new-vehicle deliveries......»»
Lexus overtakes recall-afflicted BMW in Q3 sales race
Luxury brand deliveries inched 2.4 percent higher in the third quarter to 502,211 vehicles......»»
Weaker China results a drag on BMW, Mercedes Q3 sales
BMW's sales in China fell 30 percent, the steepest drop in more than four years. Mercedes sales declined 13 percent after Chinese buyers held back purchases of expensive models......»»
GM’s sales slide 21% in Q3; electrified vehicles top gasoline models for first time
In the third quarter, GM’s two joint ventures delivered more than 224,000 full electric and plug-in hybrid vehicles, an increase of 61 percent and 53 percent of the company's overall China sales. .....»»
Chairman Akio Toyoda says founding family presence ‘necessary" at Toyota
As long as family members have the will and skill, there will always be room for them at their namesake company Toyota Motor Corp., says Chairman Akio Toyoda, whose father and grandfather also ran the Japanese carmaker......»»
Non-Indigenous businesses struggling to boost Indigenous staff numbers
Indigenous-owned businesses in Australia employ Indigenous staff at a rate 12 times higher than non-Indigenous-owned businesses, a new study from The Australian National University (ANU) has found......»»
GM ditches failed Ultium battery branding as its EV sales soar
GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»
Volvo Deputy CEO Bjorn Annwall to leave amid management shake-up
Bjorn Annwall's departure comes after Volvo lowered its online sales goal and quit the car subscriptions business......»»
The M4 iPad Pro might be in trouble
Sales for this year’s iPad Pro appeared promising at launch in May, but Apple’s expectations for the expensive product are now decreasing......»»
General Motors is ditching Ultium branding for its EV batteries
GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»
Global Mac shipments fell 17.5% ahead of M4 updates
A new market intelligence report indicates that global Mac shipments fell by 17.5% year-on-year in the previous quarter. That’s against a backdrop of roughly flat sales across all laptops and desktops. Technically Q3 saw the global PC market ach.....»»
Kuo: iPhone 16 sales matching expectations so far, no cutbacks anticipated
Apple’s iPhone 16 lineup launched just a few weeks ago. Now is about the time we typically hear supply chain reports that indicate how sales seem to be going. In contrast to a questionable report last week, today Ming-Chi Kuo has reported some good.....»»
Stellantis holds off on megacasting championed by Tesla and Volvo
The technique was pioneered by Tesla to reduce manufacturing times and costs. Volvo, Nissan, Ford, Toyota and Hyundai are among automakers either using or planning to use it. .....»»
Stellantis holds off on megacasting, championed by Tesla and Volvo
The technique was pioneered by Tesla to reduce manufacturing times and costs. Volvo, Nissan, Ford, Toyota and Hyundai are among automakers either using or planning to use it. .....»»
Toyota chief scientist wants industry to fight the "real common enemy"
Gill Pratt says cutting global carbon emissions should be the goal and that a mix of powertrains will be needed to achieve success......»»
Auto auctions in Florida cancel sales days, more dealerships close ahead of Hurricane Milton
Hurricane Milton prompted wholesale auto auction providers to cancel planned sales days at certain storm-warned locations in Florida this week......»»
BYD targets 100,000 EV sales in Mexico in 2025
BYD will announce where it will build its first factory in Mexico by the end of this year......»»