Nissan’s fleet sales are surging, and dealers fear history is repeating itself
Last month, Nissan sold nearly 40,000 vehicles, or 44 percent of total sales, to rental companies. But the automaker’s sales chief expects fleet share to stabilize soon......»»
Study shows AI conversational agents can help reduce interethnic prejudice during online interactions
Prejudice and fear have always been at the core of intergroup hostilities. While intergroup interaction is a prerequisite for initiating peace and stability at the junction of clashing interests, values, and cultures, the risk of further escalation p.....»»
Top 5 stories of the week: Earnings from Rivian, Toyota and Nissan; GM"s fleet strategy
A quick look at the top automotive stories of the week as determined by reader interest......»»
How well did Nissan CEO Makoto Uchida execute his midterm plan? Here are the grades
Nissan Motor Co. CEO Makoto Uchida gave himself a "B" grade for shepherding Nissan through his first midterm business plan......»»
China"s vehicle exports hit record high in April as domestic sales fall
Facing trade threats in Europe, Chinese automakers have been actively exploring South America, Australia and ASEAN markets for exports......»»
ACV reports Q1 net loss of $20M; revenue up 22%
ACV also said the number of used vehicles transacted by dealers and commercial auto companies on its wholesale marketplace platform grew 15 percent year over year......»»
NADA Academy preps future dealership owners, staff for changing times
Through in-person and online classes, the National Automobile Dealers Association trains dealership staff and future owners to face an industry challenged by consolidation, inflation and the perils of new technology......»»
Apple maintains US market share as smartphone demand continues to weaken
New research claims that US smartphone shipments have declined 8% year over year, yet Apple's iPhone has stayed steady at 52% of the market.Delays over Apple's iPhone 14 saw its sales boost come late, which has now affected yearly comparisonsEven if.....»»
5 key takeaways from Toyota"s record earnings report
Under first-year CEO Koji Sato, Toyota reported a blockbuster fiscal year of records, from sales to profits. Here are five top takeaways from the automaker's earnings conference......»»
Despite Nissan"s missed targets, CEO Makoto Uchida gives himself a B, shifts to volume mode
CEO Makoto Uchida says Nissan has strengthened its business significantly over the course of his first midterm business plan but still must "work harder" to boost global volume. Here's a score card......»»
Nissan has a new plan to spur sales — and it wants retailers to fund it
With a nearly triple-digit days' supply, Nissan is allowing dealers to advertise 2024 model year vehicles below invoice......»»
Affordability to affect new-vehicle purchases, study says
An Urban Science and Harris Poll study found 55 percent of consumers said they're likely to change their vehicle purchase or lease plans due to economic concerns in the near future, lower than dealers' expectations......»»
Mitsubishi eyes U.S. market EV from Nissan as North America takes center stage
Mitsubishi CEO Takao Kato books record operating income and says North America has swapped places with Southeast Asia to become its earnings engine......»»
Apple profits surge as consumers choose pricier iPhone storage options
Amidst plateauing iPhone sales, Apple's enhanced storage upgrade options have emerged as a significant profit driver.Apple profits surge as consumers choose pricier iPhone storage optionsApple has long leveraged the strategy of encouraging iPhone use.....»»
New 13-inch iPad Air will eat into iPad Pro sales
A new report predicts that sales of the new iPad Pro will be affected both by its higher price than before, and by the appeal for consumers of the lower-cost 13-inch iPad Air.New iPad Pro (source: Apple)Trendforce has previously and rather obviously.....»»
Why are algorithms called algorithms? A brief history of the Persian polymath you"ve likely never heard of
Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritize the content you are shown. Google Maps and artificial intelligence are nothing without algorithms......»»
Most Gypsy and Traveler sites in Great Britain are located within 100 meters of major pollutants, shows research
Gypsy and Traveler communities are among the more socially excluded groups in the UK. There is a long history of government failures in meeting these groups' housing needs......»»
GM takes new approach, new name with fleet business
GM is seeing significant growth in sales of vehicles and accompanying services by creating a new one-stop fleet unit aimed at helping business customers operate more efficiently......»»
Study reveals late Pleistocene island weathering, precipitation in the Western Pacific Warm Pool
In a study published in npj Climate and Atmospheric Science on April 18, researchers from China, South Korea, France, the United Kingdom, and the United States have reconstructed the weathering history of the Western Pacific island arc over the past.....»»
CEO Koji Sato reloads for long-term growth after leading Toyota to record profit, sales, production
Toyota reports across-the-board record results in its just-ended fiscal-year, but it warns earnings will retreat in the current year......»»
Toyota CEO Sato leads automaker to record profit, sales, production
Toyota reported record quarterly sales and record profits, but warned earnings will retreat in the current year as it takes a break from hectic expansion and invests in next-generation EVs, software and AI......»»