Rising incentives, inventory propel May sales
May marked the industry's 10th consecutive monthly sales increase as an industrywide inventory recovery continued......»»
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.....»»
Chinese EV makers won’t get subsidies from Mexico after US pressure
Mexico has offered generous incentives for automakers in the past. Enlarge / The Chinese automaker BYD has every other electric vehicle maker worried. (credit: John Keeble/Getty Images) The United States has won an impor.....»»
How to start the Rising Tide DLC in Final Fantasy 16
Final Fantasy 16 already offers a sprawling world to explore right out of the gate, but The Rising Tide DLC adds even more to this expansive and thrilling tale......»»
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......»»
Mexico, facing U.S. pressure, will halt incentives to Chinese EV makers
Mexico's federal government, under pressure from the U.S., is keeping Chinese automakers at arm's length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with t.....»»
Enterprises face significant losses from mobile fraud
A recent Enea survey highlights a worrying trend in enterprise security: Following ChatGPT’s launch, 76% of businesses are inadequately protected against rising AI-driven vishing and smishing threats. In this Help Net Security video, John Hughe.....»»
The rising flood of space junk is a risk to us on Earth—and governments are on the hook
A piece of space junk recently crashed through the roof and floor of a man's home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station......»»
Light pollution affects coastal ecosystems, too—this underwater "canary" is warning of the impacts
In the early 20th century, canaries were used as early warning systems in coal mines to alert miners to rising levels of carbon monoxide......»»
Atari classic Yars’ Revenge is getting a modern Metroidvania revival
Atari 2600 classic Yars' Revenge is getting a modern reimagining with Yars Rising, a new Metroidvania by WayForward, the studio behind the Shantae franchise......»»
Palo Alto firewalls: Public exploits, rising attacks, ineffective mitigation
While it initially seemed that protecting Palo Alto Network firewalls from attacks leveraging CVE-2024-3400 would be possible by disabling the devices’ telemetry, it has now been confirmed that this mitigation is ineffectual. “Device tele.....»»
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. .....»»
First-of-its-kind study shows Florida Wildlife Corridor eases worst impacts of climate change
From rising temperatures and altered precipitation patterns to intense weather events such as hurricanes, Florida is experiencing significant climate-related challenges in tandem with skyrocketing insurance rates. As the state's population continues.....»»
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.....»»