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Mazda"s new CEO says boosting U.S. sales is key target

Masahiro Moro, who has led Mazda's operations in Europe and the U.S. during his career, takes over from Akira Marumoto......»»

Category: topSource:  autonewsMar 17th, 2023

Ford said to plan further job cuts in Europe amid sales slump

Ford plans more restructuring in key European markets amid slumping sales and the loss of its top executive in the region to VW......»»

Category: topSource:  autonewsRelated NewsJun 19th, 2024

US DOJ sues Adobe for ‘trapping’ users in subscriptions

Adobe is the latest target of the US Department of Justice’s recent wave of high-profile lawsuits. The company’s subscription cancellation practices are the specific target of the DOJ, which the government says is tantamount to ‘trapping’ use.....»»

Category: topSource:  marketingvoxRelated NewsJun 18th, 2024

JP Morgan raises Apple stock target to $245 on AI announcements

Analysts at JP Morgan say that Apple's launch of AI features will prompt users to upgrade their iPhones, and has raised the price target by $20.JP Morgan has raised its Apple price targetJP Morgan has previously expected that Apple's AI features woul.....»»

Category: appleSource:  appleinsiderRelated NewsJun 18th, 2024

Elon Musk shares target date for fifth Starship test

SpaceX boss Elon Musk has revealed an approximate date for the Starship megarocket's fifth test flight, which could also end with a spectacular landing......»»

Category: topSource:  digitaltrendsRelated NewsJun 18th, 2024

Mercedes denied right of first refusal request by Ill. vehicle board

Mercedes-Benz cannot exercise a purported right of first refusal to demand an Illinois dealer apportion the sales price of a three-franchise dealership he's selling, the state Motor Vehicle Review Board ruled......»»

Category: topSource:  autonewsRelated NewsJun 17th, 2024

Larry Hinkle, who was world"s largest Jeep dealer, dies at 92

The South Carolina dealer set Jeep sales records during the brand's American Motors days and led customers on annual pilgrimages to the Smoky Mountains......»»

Category: topSource:  autonewsRelated NewsJun 16th, 2024

Ex-Volvo Cars Americas chief Anders Gustafsson"s second act: Revive Polestar"s North America business

Gregor Hembrough, who launched Polestar's North America business in the midst of the pandemic, will leaves for a global sales role with the automaker......»»

Category: topSource:  autonewsRelated NewsJun 15th, 2024

Hyundai dealer agreement changes could be illegal in many states

A memo from NADA to its members alerts Hyundai dealers that certain amendments to the dealer sales and service agreement may break state franchise laws......»»

Category: topSource:  autonewsRelated NewsJun 14th, 2024

Ford ending EV certification program, reopening sales to all dealers

Moving forward, dealers will be asked to invest in training through the virtual Ford University platform and spend a minimal amount of money on two Level 2 chargers......»»

Category: topSource:  autonewsRelated NewsJun 14th, 2024

Tesla Model Y was top-selling vehicle worldwide in 2023, based on registrations; China tops U.S. for first time

Combined sales of Chinese manufacturers exceeded those of American manufacturers for the first time in 2023, JATO Dynamics said, citing registration data......»»

Category: topSource:  autonewsRelated NewsJun 14th, 2024

Jeep planning sub-$25,000 Renegade EV as it targets 1.5 million global sales

Stellantis CEO Carlos Tavares has said the sweet spot for affordable EVs is around $25,000. Jeep plans to undercut that price with an electric Renegade around 2027......»»

Category: topSource:  autonewsRelated NewsJun 14th, 2024

NASA"s Perseverance fords an ancient river to reach science target

Originally thought of as little more than a route clear of rover-slowing boulders, Neretva Vallis has provided a bounty of geologic options for the science team......»»

Category: topSource:  pcmagRelated NewsJun 13th, 2024

GM trims EV production forecast, invests $850 million in Cruise

CFO Paul Jacobson told investors that GM plans to build fewer EVs because it now expects them to make up a lower percentage of total auto sales than expected this year......»»

Category: topSource:  autonewsRelated NewsJun 12th, 2024

Findlay Automotive targeted in cyberattack

Findlay Automotive Group has been hit by a cybersecurity attack that continues to hamper some of its sales and service operations......»»

Category: topSource:  autonewsRelated NewsJun 11th, 2024

GM scales back EV production forecast, invests $850 million in Cruise

CFO Paul Jacobson told investors that GM plans to build fewer EVs because it now expects them to make up a lower percentage of total auto sales than expected this year......»»

Category: topSource:  autonewsRelated NewsJun 11th, 2024

Tesla won"t launch freshened Model Y this year, says CEO Elon Musk

"No Model Y 'refresh' is coming out this year," Elon Musk wrote on the social media platform X on June 8 in response to a question. Analysts see aging models as a drag on Tesla's sales growth......»»

Category: topSource:  autonewsRelated NewsJun 11th, 2024

Small, cool and sulfurous exoplanet may help write recipe for planetary formation

A surprising yellow haze of sulfur dioxide in the atmosphere of a gas "dwarf" exoplanet about 96 light years away from our own solar system makes the planet a prime target for scientists trying to understand how worlds are formed......»»

Category: topSource:  physorgRelated NewsJun 10th, 2024

Election uncertainty weighs on dealers, new Cox poll finds

Uncertainty related to the upcoming 2024 election contributed to car dealership professionals feeling neutral about the second-quarter market and expecting a similar sales environment for the third quarter......»»

Category: topSource:  autonewsRelated NewsJun 10th, 2024

PHP code could be easily exploited to let hackers target Windows servers

Users are advised to apply the patch immediately or risk having malicious code run remotely......»»

Category: topSource:  marketingvoxRelated NewsJun 10th, 2024

Protein study could help researchers develop new antibiotics

A bacterial enzyme called histidine kinase is a promising target for new classes of antibiotics. However, it has been difficult to develop drugs that target this enzyme, because it is a "hydrophobic" protein that loses its structure once removed from.....»»

Category: topSource:  physorgRelated NewsJun 10th, 2024