Inventory surge, hybrids lift Toyota, Honda 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......»»
Carvana CEO Ernie Garcia and his father make $11 billion in 3,000% stock rebound
The one-day surge in Carvana shares pushed the older Garcia’s fortune to $10.9 billion from a 2022 low of $3.1 billion, while his son’s net worth climbed to $3.8 billion, according to the Bloomberg Billionaires Index......»»
Edgio ASM reduces risk from web application vulnerabilities
Edgio launched its Attack Surface Management (ASM) solution. ASM is designed to discover all web assets, provide full inventory of technologies, detect security exposures and manage exposure response across an organization from a centralized manageme.....»»
Apple blows away Wall Street earnings estimates, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple beat earnings estimatesFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the s.....»»
Apple’s Q2 2024 earnings reveal a drop in iPhone, iPad sales
Services growth looked rosy as Apple's hardware revenue in China slowed. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) Apple's earnings report for the second quarter of the co.....»»
Apple blows away Wall Street earnings guesses, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple CEO Tim CookFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the second quart.....»»
Wear OS’s big comeback continues; might hit half of Apple Watch sales
Counterpoint Research projects 27 percent market share this year to Apple's 49. Enlarge / The Samsung Watch 6 classic. (credit: Samsung) Wear OS was nearly dead a few years ago but is now on a remarkable comeback traject.....»»
Tech supplier Aptiv lowers sales forecast, reduces equity interest in JV with Hyundai
Under the agreement with Hyundai Motor Co., Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding......»»
BorgWarner generates higher revenue, earnings as demand grows for hybrids
Detroit automakers such as GM have plans to bring back hybrids to the market, feeding customer demand for a bridge to all-electric powertrains. BorgWarner's CEO kept details around hybrid quoting activity close to the vest......»»
First look at the Sony Honda EV: More than a PlayStation on wheels
The AFEELA concept previews an EV from the joint venture, due in 2026. Enlarge / Sony Honda Mobility will start taking orders for its AFEELA EV next year. (credit: Peter Nelson) We're living through a period of radically.....»»
Honda plants 85,000 trees outside factories in Ohio
The initiative will increase biodiversity in the region near three of Honda's operations and will help the automaker get closer to its carbon neutrality goal......»»
Toyota executives like fuel cell technology for zero-emission pickups
A hydrogen pickup would have bigger towing ranges and a fuel-like gasoline truck, Toyota executives say......»»
Tesla retreats from next-generation ‘gigacasting’ manufacturing process
Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales an.....»»
Xiaomi has Already Sold more than 7,000 Cars
The sales figures were publicly announced by company CEO Lei Jun. The post Xiaomi has Already Sold more than 7,000 Cars appeared first on Phandroid. After a recent announcement regarding its projected EV sales numbers for 2024, Chinese man.....»»
iPhone 15 Pro is unexpectedly the sales champion of spring 2024
Historically, the "Pro" iPhone models get passed by the lower-end model in the spring — but so far 2024 is very different.iPhone 15 loses market share despite series' overall successThe second full quarter since the release of Apple's iPhone 15 ser.....»»
NASA balloons head north of Arctic Circle for long-duration flights
NASA is set to begin launch operations mid-May for the 2024 Sweden Long-Duration Scientific Balloon Campaign. Four stadium-sized, scientific balloons carrying science missions and technology demonstrations are scheduled to lift off from Swedish Space.....»»
Toyota sales rise 14%; Honda edges up; Hyundai, Kia slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»
AMD’s graphics card sales just took a nosedive
AMD just reported its financial results for the first few months of 2024, and its gaming business isn't doing so hot......»»
Samsung has the smartphone sales top spot, but not because of AI or Apple weakness
Samsung has taken the lead in smartphones sales in the first quarter of 2024 as it has for the last few years, but it's not really about AI nor Apple iPhone weakness.iPhone 15 Pro Max vs Samsung Galaxy S24 UltraThere's new smartphone sales data for t.....»»
Hyundai, Kia sales slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»
Toyota establishes North American hydrogen business headquarters in Los Angeles
The H2HQ facility will do R&D, commercialization and sales for hydrogen fuel cell products......»»