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......»»
Rivian sales chief and former Porsche exec Kjell Gruner resigns after 11 months
The California company said in a regulatory filing that Kjell Gruner is resigning, and had notified Rivian of his decision to resign "to pursue other opportunities." Gruner started at Rivian in September 2023......»»
Top 5 stories of the week: Toyota engine recall; Stellantis CEO calls out U.S. plants
A quick look at the top automotive stories of the week as determined by reader interest......»»
How Staphylococcus slips around between biological environments
It's an unpleasant fact that most of us are happy to ignore: Our mouths and noses are the natural homes to infectious and antibiotic resistant bacteria......»»
Hydrogen Toyotas at Olympics irk scientists
A group of 120 scientists, engineers and academics said Toyota should have supplied battery-electric vehicles to the Paris Olympics instead of cars powered by hydrogen......»»
Toyota to replace 100,000-plus engines in recalled Tundra, Lexus LX
The Japanese automaker will notify customers this month of the fix, which involves uncleaned debris from potentially damaging the engine......»»
Lear says Q2 earnings rise on record sales, lowers outlook amid EV uncertainty
Lear reported record sales and a modest gain in second-quarter net income as the company brings more automation technology in-house and adjusts to rapidly changing EV strategies......»»
Most automakers predict missed EV sales goals, slower transition in Kerrigan survey
The majority of automaker executives who participated in the 2024 Kerrigan OEM Survey said the transition to EVs will be slower than initially projected in the U.S......»»
Volvo softens EV-or-bust strategy as hybrids show promise
Some Volvo dealers fear the consequences of sticking to the 2030 target as EV growth slows, and CEO Jim Rowan says hybrids can be a bridge for customers not ready to dump gasoline......»»
Ford Q2 earnings: Net income falls 4.5%, but revenue rises on strong commercial vehicle sales
Ford attributed a 6.5 percent revenue increase to strong results from its Ford Pro commercial vehicle unit, which earned $2.6 billion and achieved a 15.1 percent margin......»»
Intel is losing ground to AMD
Intel's market share has decreased to 71.9% in the third quarter of 2024. It remains the global leader in processor sales, but is steadily losing ground to AMD......»»
NHTSA ends probe into 1.7 million Honda vehicles for power loss
Top U.S. auto safety regulators are closing an investigation into about 1.7 million Honda Motor Co. vehicles for loss of power......»»
Best Buy is blowing out M2 iPad Pro inventory with savings up to $600 off
Best Buy is clearing out M2 iPad Pro inventory and both 11-inch and 12.9-inch models are up to $600 off. Cellular models start at just $699, but inventory may be limited.The Great Summer Sale at Best Buy offers discounts on hundreds of electronics, b.....»»
Android switchers boost iPhone Sales -- but not for the iPhone 15
Over the years, Apple has benefited greatly from Android users switching to iPhones. The models that the switchers are picking now is a short-term strategic challenge for Apple, but a long-term gain.Android switchers boost iPhone Sales — but not fo.....»»
Toyota weighs 4-day workweek in sweeping overhaul of office life
The possible change in Japan is part of a sweeping rethink of office life meant to streamline workloads for a modern, more agile era of global competition and innovation......»»
Apple"s batterygate settlement fund didn"t have enough money to pay a $92.17 check
So much for being the world's most valuable company. An iPhone "batterygate" settlement check has bounced and allegedly because of insufficient funds.The bounced check that will bring down Apple. (Source: First Coast News)Maybe those falling sales i.....»»
When is the next Steam sale?
The best time to buy PC games is during the Steam sales, but when exactly is the next one? We'll let you know how long you have to save up for the next sale......»»
Battery sales keep Tesla profitable in Q2 as EV sales still slumped
Tesla's status as a growth stock will require some explaining if this keeps up. Enlarge / Will investors care that Tesla's car sales and profit margins are shrinking, not growing? (credit: Karol Serewis/SOPA Images/LightRocket v.....»»
Afeela EV makes center field appearance at Dodger Stadium
An electric prototype under the Afeela brand, a new automotive nameplate by Sony Honda Mobility, made its sporting debut at Dodger Stadium as part of a marketing partnership with the Los Angeles baseball club......»»
Automakers are reviving combustion engines as EV demand hits lull, supplier says
French supplier OPmobility says there is also renewed interest in hybrids and plug-in hybrids as automakers adjust to shifting consumer preferences......»»
Carvana"s used EV sales are up so far this year. Here"s a look at who"s buying them.
Emily Knoll, Carvana's senior director of inventory strategy, shared insights on retailer's second-quarter EV Trends Report......»»