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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:  autonews9 hr. 5 min. ago

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......»»

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

Engineers unlock lithium from extreme environments

The demand for lithium—critical to powering sustainable technologies—is rapidly growing, but up to 75% of the world's lithium-rich saltwater sources remain untappable using current methods......»»

Category: topSource:  theglobeandmailRelated NewsOct 22nd, 2024

Daily 5 report for Oct. 21: Making sense of Q3 earnings reports beyond "beats" and "misses"

Innumerable disclosures figure into analyzing the overall health of a publicly traded company......»»

Category: topSource:  autonewsRelated NewsOct 22nd, 2024

Forvia posts slightly lower Q3 sales, but wins new business from Chinese automakers

Forvia said it underperformed the local automotive production in China due to “customer mix evolution and start of productions delayed from 2024 to 2025.”.....»»

Category: topSource:  autonewsRelated 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

Hyundai Mobis, Zeiss push full-windshield holograph video display

Hyundai Mobis is teaming with optics specialist Zeiss to turn the entire windshield into a head-up video screen thanks to a downsized holographic projection system the South Korean automotive supplier hopes to put into production around 2027......»»

Category: topSource:  autonewsRelated NewsOct 19th, 2024

Nemak"s Q3"s net income takes a tumble

The automotive supplier faces challenges with labor costs and product pricing, along with restructuring efforts amid the transition to electric vehicles from internal combustion engines......»»

Category: topSource:  autonewsRelated NewsOct 18th, 2024

Netflix Shares Surge 10% After Q3 Earnings Beat Expectations, Subscriber Growth Continues

Netflix Shares Surge 10% After Q3 Earnings Beat Expectations, Subscriber Growth Continues.....»»

Category: topSource:  informationweekRelated NewsOct 18th, 2024

iPhone 16 sales in China are surprisingly great, despite Apple Intelligence uncertainty

Ahead of Apple’s quarterly earnings later this month, we’re getting a better picture of how the iPhone 16 line is selling—and it looks very good. The latest evidence is a report on sales in China, where Apple is seeing big launch numbers despit.....»»

Category: gadgetSource:  9to5macRelated NewsOct 18th, 2024

Autoliv"s Q3 profits meet expectations as supplier outperforms global market

The safety equipment supplier's third-quarter sales decreased 0.8 percent in an overall market where global light vehicle production was down 4.8 percent......»»

Category: topSource:  autonewsRelated NewsOct 18th, 2024

CATL reports big miss in quarterly income as EV demand cools

Contemporary Amperex Technology Co. Ltd. reported quarterly net income well short of analyst estimates as the global slowdown in electric vehicle sales starts to bite. While net income for the third quarter ended Sept. 30 rose 26 percent to 13.1 b.....»»

Category: topSource:  autonewsRelated NewsOct 18th, 2024

Ally Q3 earnings: net income up 20% despite weak auto finance quarter

Ally Financial's net income rose by more than 20 percent during the third quarter, supported in part by the tax credits it captured from a new emphasis on writing car leases. But Ally's Q3 2024 earnings were hindered by a more than 50 percent decline.....»»

Category: topSource:  autonewsRelated NewsOct 18th, 2024

Hyundai internship hopes to accelerate automotive media diversity

HBCU students at Florida A&M gain hands-on experience and networking opportunities to break into the automotive industry......»»

Category: topSource:  autonewsRelated NewsOct 17th, 2024

TSMC bullish on outlook as AI boom blows Q3 profit past forecasts

TSMC bullish on outlook as AI boom blows Q3 profit past forecasts.....»»

Category: topSource:  theglobeandmailRelated NewsOct 17th, 2024

Jim Cramer on NVIDIA (NVDA): ‘I Have Never Seen’ a Company With Such Demand for Its Products

Jim Cramer on NVIDIA (NVDA): ‘I Have Never Seen’ a Company With Such Demand for Its Products.....»»

Category: topSource:  informationweekRelated NewsOct 17th, 2024

Nvidia stock tumbles from record high on news of possible US chip export cap, ASML"s dismal earnings

Nvidia stock tumbles from record high on news of possible US chip export cap, ASML"s dismal earnings.....»»

Category: gadgetSource:  yahooRelated NewsOct 17th, 2024

Toyota and Hyundai"s Boston Dynamics team up on humanoid robot

The partnership plans to fuse language-based models and advanced robotics to accelerate AI integration, and eventual integration in production lines......»»

Category: topSource:  autonewsRelated NewsOct 16th, 2024

Smart Tech Would Make Your Office Building Greener

Implementing smart technologies like demand-controlled ventilation could reduce the carbon footprint of office buildings, which contribute over one third of fossil fuel emissions globally.....»»

Category: scienceSource:  sciamRelated NewsOct 16th, 2024

Nvidia is set to dominate another Big Tech earnings season

Nvidia is set to dominate another Big Tech earnings season.....»»

Category: gadgetSource:  yahooRelated NewsOct 16th, 2024