PCB and IC substrate suppliers see sales hit bottom in 1Q23
PCB and IC substrate suppliers expect sales for 2023 to bottom in the first quarter, with customers' order pull-in momentum to start picking up in the second quarter, according to industry sources......»»
Stellantis pricing disputes with suppliers imperil key Jeep, Ram products
Stellantis has had production of the Jeep Wrangler and other models disrupted in recent months by disputes with two suppliers, and more shutdowns could come if the situations aren't resolved......»»
Apple wants an iPhone camera module maker in India
As part of Apple's continued shift to increase iPhone production in India, the company is now trying to secure suppliers for camera modules within the country.iPhone 15 Pro Max camera moduleApple has spent years trying to move away from China-centric.....»»
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......»»
Stellantis clashes with suppliers spill into court, shut down plants
The maker of the Jeep, Chrysler, Dodge and Ram brands has taken a hard line toward parts makers seeking inflationary cost relief, rolling out a “no more claims” policy earlier this year......»»
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.....»»
Lynx found at bottom of Roman era pit, along with four dogs, mystifies archaeologists
A team of archaeologists at the Institute of Archaeology, HUN-REN Research Center for the Humanities, in Hungary, working with a colleague from Stockholm University, has revisited a mystery: a Roman era lynx skeleton buried in a pit with four dog ske.....»»
Stellantis clashes with suppliers, spilling into court and shutting down plants
The maker of Jeep, Chrysler, Dodge and Ram brands has taken a hard line toward parts makers seeking inflationary cost relief, rolling out a “no more claims” policy earlier this year......»»
Evolution"s recipe book: How "copy paste" errors led to insect flight, octopus camouflage and human cognition
Seven hundred million years ago, a remarkable creature emerged for the first time. Though it may not have been much to look at by today's standards, the animal had a front and a back, a top and a bottom. This was a groundbreaking adaptation at the ti.....»»
Tim Cook visits Vietnam as Apple looks to boost supply chain relationships
Apple CEO Tim Cook is in Hanoi, Vietnam for a two-day trip in which he is due to meet suppliers, app developers and students.Tim Cook (left) with musicians My Linh and My Anh in HanoiVietnam is one of the countries, along with India, that are benefit.....»»
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.....»»
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......»»