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Hyundai Q3 earnings slump on lower demand

The earnings were hurt by warranty costs of 320 billion won ($231 million) for its Santa Fe crossover engines in the United States......»»

Category: topSource:  autonews22 hr. 59 min. ago

Demand for low-quality credits undermines the voluntary carbon market: Study

Claims by large corporations of carbon reduction—or even carbon neutrality—may not hold up under close inspection......»»

Category: topSource:  physorgRelated NewsAug 20th, 2024

Mercedes S-Class production reduced to one shift on slow demand

Sales of the upper-premium sedan have plunged in China, the U.S. and Europe as demand for high-end cars stalls......»»

Category: topSource:  autonewsRelated NewsAug 20th, 2024

Small molecule organic eutectics show potential for replacing plastics

Plastics have long been a mainstay in modern manufacturing, but their environmental impact has increased demand for eco-friendly alternatives. Researchers at The University of Warwick have made significant progress in the search for sustainable alter.....»»

Category: topSource:  physorgRelated NewsAug 19th, 2024

Stellantis idles Michigan engine plant for a week

The Trenton Engine Complex, which makes V-6 engines for the Jeep Wrangler and Ram 1500 Classic, is shutting down for a week to balance supply with demand, Stellantis said......»»

Category: topSource:  autonewsRelated NewsAug 16th, 2024

Video dominates mobile app revenue; TikTok coins reward live streamers

Video dominates mobile app revenue, according to a new report. Of the total $3.8B smartphone owners spent on entertainment apps last quarter, three billion of it was spent on streaming and short video apps. The most dramatic growth in earnings was.....»»

Category: topSource:  informationweekRelated NewsAug 16th, 2024

Stellantis shareholders sue automaker in U.S. after disappointing earnings

The complaint said Stellantis artificially inflated its stock price for much of 2024 by making "overwhelmingly positive" assessments about inventories, pricing power, new products and operating margin......»»

Category: topSource:  autonewsRelated NewsAug 16th, 2024

Best HP laptop deals: 17-inch workhorse for $250 and more

HP is one of the best laptop brands, so there's always high demand for HP laptop deals. To help narrow down the choices, we've rounded up our favorite bargains......»»

Category: topSource:  digitaltrendsRelated NewsAug 15th, 2024

Surging energy storage demand provides "second leg" for zero-emission vehicle technology

EV batteries and hydrogen-powered technology are ushering in a new era of electrified transportation. Might they double as storage devices for an energy sector that desperately needs them?.....»»

Category: topSource:  autonewsRelated NewsAug 15th, 2024

Supplements Companies Are Cashing In on the Ozempic Wave

With demand for GLP-1 drugs sky-high, the supplement industry is elbowing into the market. Some products are meant to complement meds like Ozempic. Others are positioned as “natural” alternatives......»»

Category: gadgetSource:  wiredRelated NewsAug 14th, 2024

Ahead of iPhone 16, AI demand boosts Apple supplier Foxconn"s profits

Foxconn, Apple's iPhone 16 manufacturer has reported a fourth consecutive quarter of profit increases, which it credits to demand for AI servers.Workers in a Foxconn factoryFor the previous quarter, Foxconn's increased profits came from better than e.....»»

Category: appleSource:  appleinsiderRelated NewsAug 14th, 2024

Supply of minerals lags EV policy demands

Despite a lull, EV battery mineral shortages are expected to grow as autos compete with the demand from other industries......»»

Category: topSource:  autonewsRelated NewsAug 13th, 2024

Kia-Hyundai anti-theft fix is working after years of viral video exposure, study finds

A study by the Highway Loss Data Institute find that a software device developed by the companies to prevent vehicle theft dropped claim rates by 53 percent......»»

Category: topSource:  autonewsRelated NewsAug 13th, 2024

NHTSA opens probe into Hyundai Palisades over seat belts unlatching

The Aug. 7 investigation covers an estimated 332,288 2020-23 Hyundai Palisades, according to the NHTSA......»»

Category: topSource:  autonewsRelated NewsAug 9th, 2024

CDK cyberattacks dampen public dealership groups" Q2 numbers

The June 19 CDK cyberattacks significantly dampened earnings or created noteworthy short-term financial setbacks for five of the six public dealership groups......»»

Category: topSource:  autonewsRelated NewsAug 8th, 2024

What"s Next for Super Micro Computer After Stock"s 20% Post-Earnings Plunge?

What"s Next for Super Micro Computer After Stock"s 20% Post-Earnings Plunge?.....»»

Category: topSource:  pcmagRelated NewsAug 8th, 2024

Reddit might start putting some subreddits behind paywalls

Following the announcement of the company’s Q2 results on Tuesday afternoon, Reddit CEO Steve Huffman spoke to shareholders and answered questions in an earnings call. … The post Reddit might start putting some subreddits behind paywalls.....»»

Category: gadgetSource:  bgrRelated NewsAug 8th, 2024

iPad Pro updates ignite consumer interest, giving a giant boost to sales

Customers are opting for the high-end iPad Pro models, driving an increase in sales and renewed interest in Apple's tablet line.iPad Pro refresh helped Apple beat earnings expectationsIn May 2024, Apple launched new iPad Pro and iPad Air models, feat.....»»

Category: appleSource:  appleinsiderRelated NewsAug 7th, 2024

Some subreddits could be paywalled, hints Reddit CEO

Reddit CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income. Huffman raised the prospect during an earnings call in which he said Reddit would also be testing AI-power.....»»

Category: gadgetSource:  9to5macRelated NewsAug 7th, 2024

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. .....»»

Category: topSource:  autonewsRelated NewsAug 7th, 2024

Dissatisfied parents demand superintendents, school boards step up their game, expert says

School district leaders including superintendents and board members are under increasing pressure from parents to show better results, according to research by an expert at Rice University's Jones Graduate School of Business. Among superintendents th.....»»

Category: topSource:  physorgRelated NewsAug 7th, 2024