Rivian, Lucid earnings reports tell a tale of a tough EV market
Rivian and Lucid are burning through cash. Sales are expected to be flat this year. The EV startups, along with Tesla, are trying to move downmarket for growth......»»
What will high vehicle prices and interest rates mean for the auto finance market in 2024?
Automotive News asked five auto finance experts to share their thoughts on these challenges and what affordability constraints might mean for the months ahead......»»
US Cellular could be acquired by T-Mobile and Verizon
According to the latest reports, it seems that US Cellular could be acquired by both T-Mobile and Verizon in the near future. The post US Cellular could be acquired by T-Mobile and Verizon appeared first on Phandroid. US Cellular might not.....»»
iPad mini 7: 7 Tips for Prospective Buyers
Apple’s reportedly working on a new iPad mini and there are some steps interested buyers should take ahead of the iPad mini 7 release date. If you’re in the market for a new iPad, you might want to hang around and wait for Apple’s r.....»»
OpenAI’s Google Killer? ChatGPT Search could launch as early as Monday
OpenAI's announcement would be the day before Google's annual I/O show. Enlarge (credit: Aurich Lawson | Getty Images) OpenAI is coming for the most popular website on the Internet: Google Search. Reuters reports the co.....»»
Top 5 stories of the week: Earnings from Rivian, Toyota and Nissan; GM"s fleet strategy
A quick look at the top automotive stories of the week as determined by reader interest......»»
NHTSA probes 6,813 Fisker Ocean crossovers for unexpected automatic emergency braking activation
U.S. auto safety regulators are investigating Fisker Inc. after reports of unexpected activation of its automatic emergency braking systems......»»
Ford hires former Lucid exec Sherry House as incoming CFO
Ford is promoting CFO John Lawler to vice chair, focusing on strategic development, global partnerships and engagement with global leaders......»»
CarGurus reports net income jump, more digital wholesale losses
The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing......»»
ACV reports Q1 net loss of $20M; revenue up 22%
ACV also said the number of used vehicles transacted by dealers and commercial auto companies on its wholesale marketplace platform grew 15 percent year over year......»»
4 big takeaways from Rivian"s Q1 earnings report
Rivian reported a $1.45 billion net loss in the first quarter, higher than a year earlier. But it also laid out a roadmap for slashing production costs and launching a more affordable EV in 2026......»»
Areas with more illegal market opportunities more likely to be targeted by organized crime, study shows
Communities with higher-than-average illegal market opportunities (proxied by drug-related activities) are more likely to be targeted by organized crime groups, a new study shows......»»
Elon Musk’s Neuralink reports trouble with first human brain chip
It's unclear what caused the retraction or how many threads have become displaced. Enlarge / Elon Musk, in Paris, France, on Friday, June 16, 2023. Musk predicted his Neuralink Corp. would carry out its first brain implant late.....»»
Apple maintains US market share as smartphone demand continues to weaken
New research claims that US smartphone shipments have declined 8% year over year, yet Apple's iPhone has stayed steady at 52% of the market.Delays over Apple's iPhone 14 saw its sales boost come late, which has now affected yearly comparisonsEven if.....»»
5 key takeaways from Toyota"s record earnings report
Under first-year CEO Koji Sato, Toyota reported a blockbuster fiscal year of records, from sales to profits. Here are five top takeaways from the automaker's earnings conference......»»
What’s the Newest iPad With a Headphone Jack?
One question we often get from people in the market for a new iPad is: “What is the newest iPad with a 3.5mm headphone jack?” The answer, while simple, just got a little more complicated. The ninth-generation iPad, or iPad 9, is the newes.....»»
9to5Mac Daily: May 8, 2024 – More new iPad tidbits, Apple + Rivian partnership?
Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Sponsore.....»»
Mercedes-Benz G580 vs Rivian R1S: rugged electric SUVs, compared
Mercedes-Benz has unveiled the new G580, its take on an electric G-Wagon. But how does it compare with another rugged electric SUV, the Rivian R1S?.....»»
Plug-in EVs, traditional hybrids share similar slice of retail market in different areas, Urban Science says
Public charging infrastructure must be available in the right locations before most consumers will consider an EV, Urban Science said......»»
Earnings at Continental, Vitesco slump in Q1, mirroring broader auto declines
Continental swung to a loss amid delays in new programs, lower production volumes in Europe, and salary and wage inflation......»»
Mitsubishi eyes U.S. market EV from Nissan as North America takes center stage
Mitsubishi CEO Takao Kato books record operating income and says North America has swapped places with Southeast Asia to become its earnings engine......»»