Renesas, Onsemi cutting backend orders for automotive ICs
Renesas and On Semiconductor (Onsemi) have started scaling back backend orders for their automotive chips in the fourth quarter of 2022, which may indicate the easing of automotive chip shortages, according to industry sources......»»
Novel material supercharges innovation in electrostatic energy storage
Electrostatic capacitors play a crucial role in modern electronics. They enable ultrafast charging and discharging, providing energy storage and power for devices ranging from smartphones, laptops and routers to medical devices, automotive electronic.....»»
5-figure EV discounts emerge amid bloated inventories
Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive......»»
Google cutting more jobs as it restructures teams as part of shift to AI
Layoffs and relocations are affecting more Google workers, and not for the first time this year......»»
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......»»
Rivian cuts more jobs with woes mounting for electric vehicle market
Rivian Automotive Inc. will cut an another 1 percent of its workforce, the second round of layoffs this year as the electric vehicle industry grapples with flagging consumer demand......»»
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......»»
Tesla Cybertruck deliveries on hold over accelerator issue, reports say
Tesla fans waiting for their Cybertruck orders said on social media that deliveries are on hold because of a loose cover on the accelerator pedal that can allegedly get stuck while driving......»»
Mobileye set to ship at least 46 million new assisted driving chips
Israeli automotive tech company Mobileye said on Wednesday it had secured orders to ship 46 million of its EyeQ6 Lite assisted-driving chips over the next few years as automakers race to makes cars safer and easier to drive. .....»»
From defects to order: Spontaneously emerging crystal arrangements in perovskite halides
Perovskites are among the most extensively studied materials in modern materials science. Their often unique and exotic properties, which stem from perovskite's peculiar crystal structure, could find revolutionary applications in various cutting-edge.....»»
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......»»
Group 1 to acquire UK retail operations of Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million and is expected to close in the third quarter......»»
Formation-flying spacecraft could probe the solar system for new physics
It's an exciting time for the fields of astronomy, astrophysics, and cosmology. Thanks to cutting-edge observatories, instruments, and new techniques, scientists are getting closer to experimentally verifying theories that remain largely untested. Th.....»»
Group 1 to acquire UK group Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million and is expected to close in the third quarter......»»
Group 1 to acquire U.K. group Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million. The deal is expected to close in the third quarter......»»
How to protect IP surveillance cameras from Wi-Fi jamming
Gone are the days of criminals cutting camera wires to evade detection: with the proliferation of affordable internet-connected cameras, burglars must resort to Wi-Fi jamming. Blocking the signal blinds the device and stalls home and business surveil.....»»
Chevrolet, Toyota, Infiniti, Nissan and Hyundai dealerships change hands
Two transactions involved auto retailers ranked on Automotive News' list of the top 150 dealership groups based in the U.S......»»
Top 5 stories of the week: Stellantis job cuts; top 150 dealership groups
A quick look at the top automotive stories of the week......»»
Apply by April 19 to be considered for expanded Automotive News Best Dealerships To Work For
Apply by April 19 to be considered for Automotive News' expanded Best Dealerships To Work For program in 2024, with new categories and more winners......»»
AI can help dealers boost customer service, make financial decisions
Dealers are using AI to enable their systems to aid in financial decisions, said Rich Sands, CEO of Stella Automotive AI......»»
Using CO₂ and biomass, researchers find path to more environmentally friendly recyclable plastics
Modern life relies on plastic. This lightweight, adaptable product is a cornerstone of packaging, medical equipment, the aerospace and automotive industries and more. But plastic waste remains a problem as it degrades in landfills and pollutes oceans.....»»