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Novatek lowers sales outlook for 2Q22 as consumer demand weakens

Taiwan's leading display driver IC (DDI) supplier Novatek Microelectronics has estimated its second-quarter 2022 revenues, gross margins and net profits to slightly fall sequentially on impacts from unfavorable macro environments, after posting stron.....»»

Category: itSource:  digitimesMay 9th, 2022

Report: Some ADAS features are in more than 90% of new vehicles

The report by Partnership for Analytics Research in Traffic Safety suggests that automakers believe the safety benefits and competitive advantages of ADAS outweigh their expense and consumer misunderstandings about their capabilities and limitations......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

TESLA: Q3 deliveries rise 6.4%, boosted by financing deals, Cybertruck launch

Tesla's third-quarter sales fell short of Wall Street expectations of about 470,000. Tesla shares were falling about 4 percent in early trading......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Tesla reverses sales slump, sees modest growth in Q3

Deliveries were up, but not enough to meet analysts' estimates. This morning, Tesla posted its sales and production numbers for the third quarter of 2024. While not spectacular w.....»»

Category: topSource:  arstechnicaRelated NewsOct 2nd, 2024

Car dealers renew their opposition to EV mandates

An EV mandate would make gasoline cars too expensive, say the dealers. A group of more than 5,000 car dealers have made public their worries about a lack of demand for electric ve.....»»

Category: topSource:  arstechnicaRelated NewsOct 2nd, 2024

Smoke from megafires puts orchard trees at risk: Effects last months, reducing nut yields

Long-term smoke exposure from massive wildfires lowers the energy reserves of orchard trees and can cut their nut production by half, researchers at the University of California, Davis, found. The smoke can affect trees for months after a megafire, d.....»»

Category: topSource:  physorgRelated NewsOct 2nd, 2024

U.S. issues $2 billion electric vehicle tax rebates since Jan. 1, Treasury says

The U.S. government has issued $2 billion in advance point-of-sale consumer EV tax credit payments since Jan. 1 covering more than 300,000 vehicles, the Treasury said Oct. 1......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

HYUNDAI-GENESIS: Q3 volume up, September sales impacted by fewer selling days and Hurricane Helene

Hyundai's hybrids continue to set records, and Genesis' crossovers are the primary driver of growth for the luxury brand......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Car dealers renew their opposition to EV mandates

An EV mandate would make gasoline cars too expensive, say the dealers. Enlarge (credit: Aurich Lawson | Getty Images) A group of more than 5,000 car dealers have made public their worries about a lack of demand for elect.....»»

Category: topSource:  arstechnicaRelated NewsOct 1st, 2024

Seven years on, study reveals #MeToo"s unexpected impact on consumer behavior

Seven years after actor Alyssa Milano's tweet launched the #MeToo movement into the global consciousness, attitudes towards sexual harassment and assault have shifted in many countries. A new study shows that the movement's impact doesn't stop there......»»

Category: topSource:  physorgRelated NewsOct 1st, 2024

Kia goes commercial with EV fleet gambit in new markets, including Japan

Kia enters the finicky Japan market for the first time in decades with plans to sell its Platform Beyond Vehicle commercial EVs to fleet customers. The Korean carmaker pushes PBVs that stretch its carefully curated, consumer-oriented brand image......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

Q3 sales slip at GM; September volume off at Toyota, Hyundai, Kia

U.S. new-vehicle sales are expected to drop in September and the third quarter, with analysts expecting volatility the rest of the year as affordability remains a challenge and the U.S. presidential election looms......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

Q3 sales slip at GM; September volume off at Hyundai, Kia; Mazda gains

U.S. new-vehicle sales are expected to drop in September and the third quarter, with analysts expecting volatility the rest of the year as affordability remains a challenge and the U.S. presidential election looms......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

September sales fall at Hyundai, Kia

U.S. new-vehicle sales are expected to drop in September and the third quarter, with analysts expecting volatility the rest of the year, as affordability remains a challenge and the U.S. presidential election looms......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

Stellantis extends production halt for electric Fiat 500 on poor demand

Despite the temporary production halt in output, Stellantis reiterated plans to invest $111 million to build a high-performance battery variant of the Fiat 500e......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

Stellantis cuts 2024 profit outlook as US sales crisis deepens

Stellantis cuts 2024 profit outlook as US sales crisis deepens.....»»

Category: topSource:  theglobeandmailRelated NewsOct 1st, 2024

After 50 years, iconic Kansas City counterculture shop is closing; sales are underway

After 50 years, iconic Kansas City counterculture shop is closing; sales are underway.....»»

Category: topSource:  pcmagRelated NewsSep 30th, 2024

Ineos Automotive adds 4 U.S. dealerships on the coasts

With the additions, Ineos will have 22 dealerships in the U.S. and two in Canada. It also has a pair of sales and service centers with an import partner in Mexico......»»

Category: topSource:  autonewsRelated NewsSep 30th, 2024

MagSafe Monday: On-demand stand for your iPhone – Anker MagGo 610 review

if you occasionally need a stand for your iPhone but don’t want the bulk of a permanent attachment, this magnetic phone grip offers an on-demand solution that’s both convenient and stylish. This week, I am looking at the . more….....»»

Category: topSource:  theglobeandmailRelated NewsSep 30th, 2024

BYD seeks further easing of Mexico EV tariffs

BYD launched sales in Mexico last year via imports, and the company has since announced plans to build a local plant to push out up to 500,000 cars a year for the domestic market......»»

Category: topSource:  autonewsRelated NewsSep 30th, 2024

Stellantis cuts 2024 forecast on costs for U.S., Chinese competition

The profit margin will be dented by lower-than-expected sales in the second half across most regions, Stellantis said.  .....»»

Category: topSource:  autonewsRelated NewsSep 30th, 2024