Optiv appoints Josh Locker as EVP of Sales
Optiv has announced the appointment of Josh Locker as executive vice president of sales. Locker succeeds Nate Ungerott who spent 17 successful years at Optiv and will remain with the company in an advisory role through the end of the year. Locker is.....»»
Suppliers scramble to avoid low factory utilization amid rocky EV transition
The uneven ramp-up of electric vehicle production and flattening EV sales growth in North America have left suppliers scrambling to make sure they're not left with significantly underutilized factories, supplier executives said......»»
Nissan cuts profit and sales outlook on sliding volume, overly optimistic plans
Nissan issues a profit warning, cutting profit and sales forecasts, as volume misses expectations and the automaker compensates suppliers for its over-optimistic plans.....»»
Struggling Nissan cuts profit and sales outlook on sliding volume, over-optimistic plans
Nissan issues a profit warning, cutting profit and sales forecasts, as volume misses expectations and the automaker compensates suppliers for its over-optimistic plans.....»»
5 reasons Elon Musk is cutting jobs at Tesla ahead of Q1 earnings
"About every five years, we need to reorganize and streamline the company for the next phase of growth," CEO Elon Musk said. Tesla reports earnings April 23 after global sales fell 8.5 percent last quarter on weak demand......»»
Tesla"s global job cuts include leading markets U.S., China
Tesla cuts jobs in U.S. and China amid falling sales. The layoffs affect sales and service positions. .....»»
Morgan Stanley fires back at iPhone doomsday research
One investment firm isn't so sold on tales of disastrous iPhone order cuts, and instead, is bullish on what they see as better than expected order volume across Apple's supply chain.iPhone 15 Pro Max — Apple's current sales leaderIn what has become.....»»
Japan to seek up to 20% fine for monopolistic practices by Apple
Japan is poised to dramatically increase the penalties for tech giants accused of monopolistic practices like Apple.New Japanese laws could slap Apple with up to 20% sales penaltyIn an extensive global effort to limit the power of major technology co.....»»
Jeep on a mission to reverse U.S. slide under new CEO Antonio Filosa
Antonio Filosa, who succeeded Christian Meunier in November, said he sees Jeep recovering the volume it has lost since 2018 while doubling its global sales to 2 million......»»
Tesla to lay off more than 10 percent of its workers as sales slow
"Cost reductions and increased productivity" needed, says Musk. Enlarge / Tesla's Shanghai factory in 2023. (credit: VCG/VCG via Getty Images) Times are starting to get tough for Tesla. The electric vehicle automaker ha.....»»
iPhone sales drop 10% as Samsung steadies and Chinese rivals grow
New figures show that Apple's global iPhone sales declined by over five million in the first quarter of 2024, compared to the same time in 2023.Apple's iPhone 15 Pro (left) and Samsung's Galaxy S24In March, it was reported that Apple had cut its iPho.....»»
Column: When counting auto sales becomes almost as hard as autonomy
Mercedes-Benz USA is the latest automaker to buck traditional sales reporting, making the nation's retail market even more opaque......»»
Buick hopes design equates to sales boom
When the redesigned Enclave large crossover goes on sale this year, all four of the General Motors premium crossover brand's nameplates will have been introduced or updated within the last 18 months......»»
BMW kicks off 2024 atop U.S. luxury sales leader board
Mercedes-Benz now reports wholesales results, saying they align better with financial statements.....»»
Alex Garland and Wagner Moura on creating an anti-war war film with "Civil War"
Mashable host Josh Burstein sits down with Alex Garland and Wagner Moura to discuss the upcoming film 'Civil War'. Mashable host Josh Burstein sits down with Alex Garland and Wagner Moura to discuss the upcoming film Civil War. Civil War hits t.....»»
AI playlists, student loan pardons, total eclipse and the cast of "Civil War"
From the total eclipse to a 'Civil War' interview, host Josh Burstein takes us on a comedic journey through the week's top stories. From the total eclipse to a Civil War interview, host Josh Burstein takes us on a comedic journey through the we.....»»
VW aims for better quality, higher sales with updated 2024 ID4
Certain 2024 Volkswagen ID4 electric compact crossovers gained additional power and a new infotainment system as part of an update. Improving the ID4's quality has also been a focus for the brand......»»
BMW kicks off 2024 atop luxury sales leader board
Mercedes-Benz now reports wholesales results, saying they align better with financial statements.....»»
Mounting auto industry layoffs underscore rocky EV transition, UAW contracts
The Detroit 3 and their suppliers have implemented thousands of layoffs over the past few months in the wake of entering costly UAW contracts and confronting the reality of underwhelming EV sales.....»»
VW aims for better quality, higher sales with the updated 2024 ID4
Certain 2024 Volkswagen ID4 electric compact crossovers gained additional power and a new infotainment system as part of an update. Improving the ID4's quality has also been a focus for the brand......»»
CarMax Q4 net income falls 27% to $50M; revenue slips 1.7%
The company sold 172,057 retail used vehicles in its fiscal fourth quarter, up 1.3 percent from the year-earlier period. Same-store used-vehicle sales rose 0.1 percent......»»