Lithia"s Q1 net income drops 33 percent on lower gross profits per vehicle
Lithia Motors, which surpassed AutoNation Inc. in new vehicles sold in 2022 to take the No. 1 spot, said new- and used-vehicle sales were up in the first quarter, but average gross profits per retail unit for new and used vehicles fell......»»
Drought reduces Amazon River in Colombia by as much as 90%: report
The Amazon River has seen its levels in Colombia reduced by as much as 90 percent, a government agency said Thursday, as South America faces a severe and widespread drought......»»
Grocery stores that donate expiring food instead of price discounting or discarding make higher profits, says researcher
All major supermarkets and retailers that sell groceries, such as Kroger, Walmart and Costco, give large amounts of food to food banks and pantries. In 2022, retailers donated close to 2 billion pounds of food across the United States, which amounted.....»»
Daily 5 report for Sept. 26: This Jeep story reinforces why auto shows are suffering
What better way to make a new-vehicle splash than to do the unveiling on the 46th floor of a Tokyo high-rise with a breathtaking view of the nation's capital?.....»»
EV sales remain healthy despite online doom and gloom
Battery EVs are expected to account for more than 8 percent. Enlarge (credit: Aurich Lawson | Getty Images) Battery-electric vehicles accounted for 8 percent of new vehicle sales in June and July of this year and should.....»»
OpenAI drops nonprofit status in large-scale reorganization
OpenAI is reportedly planning to scrap the nonprofit structure of its core business in favor of a for-profit model that will be more attractive to investors......»»
Deals: Apple iPhone 16 cases $30, $1,000 off M2 iPad Pro, 16GB M3 MacBook Air, Apple Home Key lock, more
Today’s price drops are selling out fast folks – we have already seen the best price ever on the new AirPods 4 come and go. But you can still score the all-time low on Apple’s brand new iPhone 16 cases as both the silicone and clear Camera Cont.....»»
US Mac shipments flat, ahead of expected M4 Mac launch
A new market intelligence report suggests that US Mac shipments were flat in the previous quarter, with Apple’s market share slightly declining. Mac was up just half a percent year-on-year, against an overall average of 3.7%, but it’s likely t.....»»
Samsung Wants Better Software Integration Between Cars and its Phones
Samsung recently announced a new collaborative effort alongside Hyundai Motors and Kia. The post Samsung Wants Better Software Integration Between Cars and its Phones appeared first on Phandroid. The continued modernization of in-vehicle i.....»»
CarMax"s Q2 net income rises 12%, revenue falls less than 1%
CarMax said it retailed 211,020 used vehicles in its second fiscal quarter, up 5.1 percent year over year. Same-store used-vehicle retail sales rose 4.3 percent......»»
Toyota drops ‘Prime" name for ‘Plug-in Hybrid" instead
Toyota will abandon the "Prime" designation to represent its plug-in hybrids, and will instead revert to just calling them what they are......»»
Nissan to buy back 5% of its own shares from partner Renault
The two automakers are restructuring their partnership and aiming for an equal cross shareholding of 15 percent each......»»
Small accounts, big decisions: How multiple savings impact retirement payout choices
New study shows that retirees are more likely to cash out smaller retirement accounts instead of turning them into steady income streams, even though they might do the opposite with larger accounts. This choice can hurt their long-term financial secu.....»»
How professional sports leagues that embrace social justice causes could influence politics
Given that 77 percent of people in Canada and 57 percent of people in the United Kingdom watch a sports team regularly—compared to the 60 percent of people who turn out to vote in Canada and the U.K.—it's clear sports have an important and persis.....»»
Study reveals mallards" flight responses ineffective in preventing vehicle collisions
An article published in PeerJ Life & Environment has uncovered insights into how mallards (Anas platyrhynchos) respond to approaching vehicles, revealing that these common waterbirds are poorly equipped to avoid collisions, particularly at high speed.....»»
With fewer prime used cars, dealers innovate in complex market
Fewer off-lease vehicle returns predicted for 2024 and 2025 set the stage for more competition for less-aged used vehicles and higher costs to acquire them......»»
Rolls-Royce brings white-glove vehicle customization to U.S.
The New York Private Office joins similar hubs in Dubai and Shanghai. Los Angeles and Miami are on the short list for a future design studio......»»
Study shows virtual reality may help pedestrians and cyclists avoid harmful pollutants
Physics-informed virtual reality could be key to reducing the exposure of pedestrians and cyclists to harmful, non-exhaust vehicle emissions, according to a study published 25 Sep in the Royal Society Open Science journal......»»
Lower-income households have high auto payments, according to Bank of America
The customers who purchased vehicles during the height of the inventory shortages are still feeling the strain; lower-income households seem to be feeling that strain the most......»»
Rivian launches pre-owned vehicle sales, joining Tesla in growing used EV market
Rivian has launched pre-owned sales of R1T and R1S models. Demand for used electric vehicles is solid because steep depreciation makes them a good value compared with gasoline cars, iSeeCars says......»»
Ford"s Marin Gjaja: Dispelling EV misperceptions is key
The COO of Ford's electric vehicle business unit said car shoppers don't fully realize the benefit of charging at home or having an in-vehicle generator......»»