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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:  autonews13 hr. 1 min. ago

Lucid Q3 sales rise 91% to record 2,781 on generous incentives for Air sedan

Lucid Q3 production increased a modest 16% as the automaker cleared out vehicle inventory. The EV startup's stock price rose about 2% higher in midday trading......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Smaller crossovers, pickups outpace U.S. market in Q3 as affordability challenges remain

Light-vehicle sales slid 2.4 percent in the third quarter, according to preliminary data from the Automotive News Research & Data Center......»»

Category: topSource:  autonewsRelated NewsOct 5th, 2024

Daily 5 report for Oct. 4: Rough times for EV makers, but future looks good

EV maker Rivian reported disappointing Q3 sales, but electrification news should improve next week as The Battery Show highlights the latest technologies......»»

Category: topSource:  autonewsRelated NewsOct 5th, 2024

Top 5 stories of the week: Lackluster Q3 vehicle sales; McLaren"s fastest supercar

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Smaller crossovers, pickups outpace market in Q3 as affordability challenges remain

Light-vehicle sales slid 2.4 percent in the third quarter, according to preliminary data from the Automotive News Research & Data Center......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Rivian reports 36% drop in Q3 sales, slashes full-year production forecast on parts shortage

Rivian sold 10,018 vehicles in the third quarter and cut its full-year production forecast to around 48,000......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

The Hyundai Ioniq 5 will be the next Waymo robotaxi

The two companies say this should be the first of many collaborations. Waymo's robotaxis are going to get a lot more angular in the future. Today, the autonomous driving startup a.....»»

Category: topSource:  arstechnicaRelated NewsOct 4th, 2024

AAPL earnings call on October 31 will include early iPhone 16 sales

The AAPL earnings call for Q4 2024 has been scheduled for October 31, and will give our first official hint about early iPhone 16 sales. The fiscal quarter covers July to September. Pre-orders for the new iPhone models opened on September 13, with.....»»

Category: topSource:  informationweekRelated NewsOct 4th, 2024

Hyundai and Waymo ink deal to produce autonomous Ioniq 5 EVs at "significant volume"

Waymo and Hyundai Motor Group have signed a multi-year agreement that pairs Waymo's sixth-generation autonomous-driving tech with Hyundai's all-electric Ioniq 5 crossover......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

More consumption, more demand for resources, more waste: Why urban mining"s time has come

Pollution and waste, climate change and biodiversity loss are creating a triple planetary crisis. In response, UN Environment Program executive director Inger Andersen has called for waste to be redefined as a valuable resource instead of a problem......»»

Category: topSource:  physorgRelated NewsOct 3rd, 2024

Daily 5 report for Oct. 2: Stellantis woes raise red flag among weaker Q3 U.S. sales results

The company's disappointing Q3 sales results reinforce the uncomfortable questions already facing Stellantis management......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

TESLA: Q3 deliveries rise 6.4%, boosted by financing deals, Cybertruck launch

Tesla's third-quarter sales fell short of Wall Street expectations of about 470,000. Tesla shares were falling about 4 percent in early trading......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Tesla reverses sales slump, sees modest growth in Q3

Deliveries were up, but not enough to meet analysts' estimates. This morning, Tesla posted its sales and production numbers for the third quarter of 2024. While not spectacular w.....»»

Category: topSource:  arstechnicaRelated NewsOct 2nd, 2024

Car dealers renew their opposition to EV mandates

An EV mandate would make gasoline cars too expensive, say the dealers. A group of more than 5,000 car dealers have made public their worries about a lack of demand for electric ve.....»»

Category: topSource:  arstechnicaRelated NewsOct 2nd, 2024

HYUNDAI-GENESIS: Q3 volume up, September sales impacted by fewer selling days and Hurricane Helene

Hyundai's hybrids continue to set records, and Genesis' crossovers are the primary driver of growth for the luxury brand......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Car dealers renew their opposition to EV mandates

An EV mandate would make gasoline cars too expensive, say the dealers. Enlarge (credit: Aurich Lawson | Getty Images) A group of more than 5,000 car dealers have made public their worries about a lack of demand for elect.....»»

Category: topSource:  arstechnicaRelated NewsOct 1st, 2024

Q3 sales slip at GM; September volume off at Toyota, Hyundai, Kia

U.S. new-vehicle sales are expected to drop in September and the third quarter, with analysts expecting volatility the rest of the year as affordability remains a challenge and the U.S. presidential election looms......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

Q3 sales slip at GM; September volume off at Hyundai, Kia; Mazda gains

U.S. new-vehicle sales are expected to drop in September and the third quarter, with analysts expecting volatility the rest of the year as affordability remains a challenge and the U.S. presidential election looms......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

September sales fall at Hyundai, Kia

U.S. new-vehicle sales are expected to drop in September and the third quarter, with analysts expecting volatility the rest of the year, as affordability remains a challenge and the U.S. presidential election looms......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

Stellantis extends production halt for electric Fiat 500 on poor demand

Despite the temporary production halt in output, Stellantis reiterated plans to invest $111 million to build a high-performance battery variant of the Fiat 500e......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024