Rip-roaring Toyota pauses to worry about costs
Toyota smashed earnings records across the board in the latest fiscal year, but now it's tapping the brakes as market uncertainty and inflation cast new shadows......»»
A major Sonos exploit was explained at Black Hat — but you needn’t worry
Researchers from NCC Group showed how a Sonos One could fall victim to an attack that would let someone listen in on the microphones......»»
Honda and Nissan fast-track plastics recycling to meet new EU rules
High costs of plastics recycling could ramp up expenses for automakers, as Europe demands greener vehicles......»»
How McLaren aims to match Ferrari, Lamborghini on profitability
CEO Michael Leiters, who joined the British automaker from Ferrari in 2022, says focusing on value over volume will help turn around McLaren, as will adding a partner to help reduce costs for platforms and new tech......»»
Cheapest Cybertruck now costs way more than $60,990
Tesla has stopped taking orders for its base model Cybertruck, meaning that the best-priced model now costs $99,990......»»
American Axle more than doubles Q2 net income but warns of R&D, product launch costs
American Axle struck deals with European automakers, but it expects increased volatility as it prepares for ramp-up costs......»»
From Michael Brown to Sonya Massey, police antiblack violence causes grief, worry and coping for Black parents
A decade ago, Michael Brown Jr., an unarmed Black 18-year-old, was shot and killed by a white police officer in Ferguson, Missouri, a suburb of St. Louis......»»
The EV sales reality has settled in — and suppliers worry they"ll be left holding the bag
The sunny electric vehicle forecasts of past CAR Management Briefing Seminars gave way to a cloudier picture this year......»»
Stellantis to help fund Archer Aviation"s air-taxi production costs
Stellantis CEO Carlos Tavares has said that the idea of inexpensive air taxis fit with the automaker's goal of "finding innovative solutions for accessible mobility.".....»»
Toyota TRD taps Tyler Gibbs to succeed retiring David Wilson
Tyler Gibbs will become president of Toyota TRD subsidiary in December, succeeding retiring David Wilson......»»
Sustainable products give manufacturers an edge over competition, suppliers say
Suppliers and automakers increasingly see developing sustainable products not just as a way to check a box on climate targets but to help them save costs and differentiate themselves from competitors......»»
Girls more anxious about climate change than boys, study shows
Girls are more likely to worry about climate change and engage more in teaching on the topic than boys, according to research led by UCL......»»
Google TV Streamer is bigger, faster, and more expensive than Chromecast
Google TV Streamer takes what made Chromecast great and adds more power, smart-home tech, a better remote, and Ethernet. And it costs twice as much......»»
ToyotAbility for disabled workers takes center stage at Texas truck plant
A newly built subassembly area in Toyota's truck plant near San Antonio integrates the work of differently-abled team members into plant operations......»»
Toyota dealer donates van to paralyzed shooting victim
Toyota of Montgomery provided an accessible van to Amy Dicks, who was struck by a bullet and paralyzed while driving to work......»»
Rivian to report Q2 earnings after cutting costs, reaching $5 billion deal with Volkswagen
Rivian's second-quarter sales rose 9 percent to 13,790 despite a factory retooling in April to cut costs and freshen the R1T pickup and R1S crossover for the 2025 model year......»»
The next Apple Watch SE might be plastic, but is that worth the tradeoff?
Last month, reports started to emerge that Apple is testing a new “rigid plastic” body for the next generation Apple Watch SE. While this would undoubtedly reduce costs, it begs the question – will this tradeoff be worth it for customers? m.....»»
Pricing, interest rates temper sales rebound
Overall growth is expected to slow in the second half after sales rose 2.2 percent in the first six months of 2024. Analysts say high interest rates and borrowing costs as well as elevated prices are preventing more robust demand......»»
Top 5 stories of the week: Stellantis sues dealership over fleet dispute; Toyota testing scandal widens
A quick look at the top automotive stories of the week as determined by reader interest......»»
CDK outage fuels 86% drop in Asbury Q2 net income
Lost business and one-time costs related to the CDK Global outage contributed to an 86 percent drop in Asbury's net income, though the retailer managed to post record revenue of $4.2 billion......»»
Take AN"s exclusive tour of Lexus" new high-tech HQ in mountains of Toyota City
Lexus finally moves into its new, unified global headquarters, a sprawling high-tech R&D and design center nestled into a forest-covered mountain. Automotive News went on an exclusive first tour of the facility......»»