IKKA-KY acquisition of Sol-Plus to spur automotive revenue growth
Car component manufacturer IKKA-KY expects its acquisition of Japan-based Sol-Plus earlier this year will help with automotive revenue growth in 2023, according to company chairman Shiang-Chi Hu......»»
The Power of Data: Why Database Development Services are Crucial
In today’s data-driven world, information is king. Businesses of all sizes and across all industries rely on data to make informed decisions, drive growth, and gain a competitive edge. However, managing and organizing this ever-increasing amoun.....»»
The 10 Most Impactful Trends in the Salmon Processing Industry
The salmon processing industry is a critical sector within the global seafood market, known for its rapid growth and innovation. The market has expanded due to increased consumer demand for salmon, valued for its nutritional benefits and culinary ver.....»»
Esports Unleashed: How Competitive Gaming is Transforming the Digital Arena
In recent years, esports has experienced an explosive growth trajectory, fundamentally altering the landscape of digital entertainment. From its origins in casual competitive gaming to its current status as a billion-dollar industry, esports has pave.....»»
Rivian"s Q1 net loss widens to $1.45 billion as revenue nearly doubles to $1.2 billion
Rivian's first-quarter deliveries surged 71 percent to 13,588 while production rose 48 percent to 13,980. Rivian expects to build 57,000 vehicles this year, about the same as last year......»»
Register now for the Automotive News Leading Women Conference
The May 21 event features Ford Motor Co.'s Lisa Drake and Hyundai Motor America's Tia Battle as keynote speakers......»»
Study demonstrate improved root growth in radio-cesium contaminated soil
Researchers at the RIKEN Center for Sustainable Resource Science (CSRS) have identified a way for plants to gain resistance to cesium, a radioactive toxin that can be found in contaminated soil. After manipulating a specific biological signaling path.....»»
Researchers establish commercially viable process for manufacturing with promising new class of metals
Nanostructured high entropy alloys—metals made from a chaotic mix of several different elements—show a lot of promise for use in industries such as aerospace and automotive because of their strength and stability at high temperatures compared wit.....»»
Replacing curbside carparking with bike lanes: A "Robin Hood planning" idea
Turning curbside carparks into cycling lanes could improve city accessibility and livability without affecting business revenue, University of Queensland research has found......»»
AlixPartners agrees to acquire global automotive consulting firm Berylls
AlixPartners plans to add Berylls' expertise in digital, strategy and growth consulting......»»
Dive into our annual rankings, lists and enterprise reporting
A guide to Automotive News' lists, rankings and deep reporting so far this year......»»
Lucid reports Q1 net loss of $685 million and revenue of $173 million as cash burn continues
Lucid's net loss was an improvement over the $780 million loss in the first quarter of 2023, but the company's stock price sank 7.5 percent in after-hours trading Monday to $2.82 per share......»»
Openlane Q1 earnings: Net income rises 46%; revenue down 1%
Openlane said wholesale used-vehicle sales facilitated through its online marketplace rose 13 percent in the first quarter......»»
Foxconn saw best-ever April revenues partly because of better than expected iPhone demand
Apple's largest iPhone manufacturer has reported almost a fifth higher revenue for April 2024 compared to the same month in 2023, in part because of diversification.Workers in a Foxconn factoryIn March 2024, Foxconn's parent company Hon Hai Precision.....»»
How "apocalypse" became a secular as well as religious idea
The exponential growth of artificial intelligence over the past year has sparked discussions about whether the era of human domination of our planet is drawing to a close. The most dire predictions claim that the machines will take over within five t.....»»
American Axle Q1 revenue, profit climb
American Axle & Manufacturing increased revenue and profit in the first quarter thanks to steadier production from its customers. Net income swung to a $20.5 million gain from a $5.1 million deficit in the same period last year......»»
Magna expects $400 million revenue loss from Fisker production halt
Magna builds the Ocean EV for Fisker. Magna said it is monitoring the situation and "will evaluate opportunities to further mitigate impact on our business.”.....»»
Top 5 stories of the week: Asbury looks to sell dealerships; UAW threatens Stellantis stamping plant
A quick look at the top automotive stories of the week as determined by reader interest......»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
Lucid to report Q1 earnings amid cash burn, waning EV growth
The startup produced 1,728 Air sedans in the first quarter, running behind its 2024 forecast of 9,000 vehicles. Lucid plans to launch a second model, the Gravity crossover, this year......»»
Rivian taps Volvo executive as COO ahead of new-model launch
Rivian Automotive Inc. hired Javier Varela as its new chief operations officer to help the electric-vehicle maker scale output as it prepares to roll out a lower-cost model geared for the mass market......»»