PMIC supplier GMT says inventory depletion has peaked
For Global Mixed-mode Technology (GMT), a power management IC (PMIC) product specialist, the persistent inventory depletion in the IC industry has peaked, with the traditional seasonal cycle to resume shortly, according to company president JC Wu......»»
iPhone 16 Rumors Take Interesting Twist
An iPhone 16 design change that appeared to be dead in the water has resurfaced today in a report out of Asia. According to the Economic Daily News, Apple’s ordered a large number of capacitative button components from a supplier (Advanced Sem.....»»
iPhone 16 capacitive button rumor resurrected by supply chain report
As of late, the rumor mill has been quiet on the topic of all of the mechanical buttons on the iPhone 16 family being replaced by capacitive ones, but a new report claims a supplier has been picked to do just that.iPhone 16 Pro may have larger screen.....»»
Best Buy"s MacBook Air sale drives prices down to $599
April's MacBook Air sales are in full swing, with Best Buy having limited inventory of a Geek Squad Certified Refurbished M1 model for $599 and M2 models in new, factory sealed condition up to $400 off.Best Buy continues to offer trending deals on Ap.....»»
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......»»
A hydrocarbon molecule as supplier and energy storage solution for solar energy
Until now, the generation and storage of electricity from solar energy has been dependent on various devices, leading to conversion losses. That may change soon, as chemists at Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU) and other resea.....»»
Cyberattack on key parts supplier triggered dispute that cost Stellantis $300M, lawsuit says
The automaker lost more than $300 million in revenue because it was unable to manufacture 6,000 vehicles without parts from Yanfeng, the lawsuit says......»»
Bloated EV inventory fuels 5-figure discounts. Will more buyers emerge?
Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive......»»
Stellantis avoids plant shutdowns by paying auto supplier "under hostage threat"
The automaker paid MacLean-Fogg Component Solutions of Illinois to keep pinions and gears flowing to a pair of plants in Kokomo, Ind......»»
Solero Technologies, former BorgWarner controls unit, expands into Europe, EVs with acquisition
The acquisition of Kendrion's automotive business will double the company's annual revenue to about $500 million and open up new markets for the supplier......»»
Nissan juggles reduced ICE volumes on path to U.S. EV future
EV production in Canton. Miss., is twice delayed. Output not expected to begin until November 2026, according to a supplier memo......»»
This startup company says it"s Waymo, Tesla, Mobileye all in one
Japanese autonomous driving startup Tier IV positions itself as the maker of the software, like Waymo; a seller of self-driving vehicles, like Tesla; and a supplier of both hardware and software to other players in the industry, like Israeli technolo.....»»
New-car inventory and price changes approach normal in 2023, NADA report shows
The average retail selling price increased 1.6 percent to $47,014 in 2023, marking slower growth than the 9.2 percent increase in 2022......»»
Japan Tier IV startup says it"s Waymo, Tesla, Mobileye all in one
Japanese autonomous driving startup Tier IV positions itself as the maker of the software, like Waymo; a seller of self-driving vehicles, like Tesla; and a supplier of both hardware and software to other players in the industry, like Israeli technolo.....»»
EV prices drop up to 20% as new and used inventory surges
Inventory is growing, and prices are falling for new and used EVs. Enlarge (credit: Getty Images) Among the many things upended by the pandemic was the traditional American car-buying experience. Factories were idled to.....»»
Inventory climbs above 2.8 million, highest since December 2020
U.S. new-vehicle inventory rose again in March above 2.8 million vehicles, Cox Automotive said, as the industry continues its return to pre-COVID levels of vehicles on hand......»»
BMW, Rimac partner on high-voltage EV battery technology
Rimac, an electric hypercar maker owned 45 percent by Porsche, is expanding its reach as a supplier of battery systems and powertrain components......»»
Lucid sales surge 40% in Q1 after price cuts
The EV startup delivered 1,967 Air sedans in the first quarter and produced 1,728 after building up inventory last year. Lucid cut the price of its base Air by $7,500 in mid-February to spur demand......»»
Amazon, Best Buy battle for lowest iPad prices, with deals from $249
Amazon and Best Buy are blowing out iPad inventory, with prices as low as $249 and discounts of up to $150 off. Save on Apple's iPad 9th Generation, 10th Generation and the latest Air models during today's price war.Save up to $150 on iPads during to.....»»
What we learned from March, Q1 U.S. sales
The U.S. light-vehicle market continues to grow but at a slower pace, and with inventory rising, the deals are coming back fast......»»
Tesla hikes discounts as EVs pile up
Tesla is offering deals after producing 46,561 more vehicles than it delivered in the first quarter, adding more cars to inventory than ever before......»»