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Rivian Q1 earnings to reflect factory downtime

Rivian delivered fewer vehicles in the January-March period than in the previous quarter as it upgraded its commercial van line. That will weigh on Tuesday's earnings report......»»

Category: topSource:  autonewsMay 8th, 2023

Lear says Q2 earnings rise on record sales, lowers outlook amid EV uncertainty

Lear reported record sales and a modest gain in second-quarter net income as the company brings more automation technology in-house and adjusts to rapidly changing EV strategies......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

UAW, Lear reach tentative agreement, ending strike that idled GM Wentzville plant

The UAW and Lear Corp. reached a tentative agreement at a Missouri seating factory late July 24, ending a strike that idled midsize pickup and full-size van production at General Motors' Wentzville, Mo., assembly plant......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

How to Factory Reset iPhone without Password or Apple ID

Life is unpredictable, and sometimes you might find yourself with a locked iPhone and no hope of recovery due to a lost password. Here's how to factory reset an iPhone without a password by using the Tenorshare 4uKey One-Click Password Unlocker.How t.....»»

Category: appleSource:  appleinsiderRelated NewsJul 25th, 2024

4 takeaways from Tesla"s Q2 earnings as profit plunges

Automotive gross margin, a key indicator of profitability, fell to just under 15 percent in the second quarter, its lowest level in five years. Tesla's operating margin fell to 6.3 percent from 9.6 percent a year earlier......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

Stellantis to reduce output, cut prices after earnings plunge on weak U.S. results

Stellantis is counting on lower production, price cuts and new model launches to reverse plunging profits......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

CEO Makoto Uchida says Nissan U.S. incentive spending nearly erases quarterly profit

Nissan CEO Makoto Uchida says soaring U.S. selling expenses fueled a 99 percent plunge in it’s quarterly operating profit, forcing him to cut the company’s full-year earnings forecast......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

Ford Q2 earnings: Net income falls 4.5%, but revenue rises on strong commercial vehicle sales

Ford attributed a 6.5 percent revenue increase to strong results from its Ford Pro commercial vehicle unit, which earned $2.6 billion and achieved a 15.1 percent margin......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

How to reset the Echo Spot

Here's how to reset the Echo Spot and restore its factory settings if you're running into issues or prepping to sell your device,.....»»

Category: topSource:  digitaltrendsRelated NewsJul 24th, 2024

5 risks to watch as Nissan readies key earnings update

Nissan embarks on a new midterm business plan focused on growth. Here are the top risks to watch as CEO Makoto Uchida unveils the first quarterly earnings of the new era......»»

Category: topSource:  autonewsRelated NewsJul 24th, 2024

Top five risks to watch as Nissan readies key earnings update

Nissan embarks on a new midterm business plan focused on growth. Here are the top risks to watch as CEO Makoto Uchida unveils the first quarterly earnings of the new era......»»

Category: topSource:  autonewsRelated NewsJul 24th, 2024

Windrose plans truck assembly in U.S. in rare move by a Chinese EV maker

Windrose's U.S. factory, to be built in Georgia, will piece together chassis and other vehicle parts manufactured in China to serve U.S. customers, the company's CEO says......»»

Category: topSource:  autonewsRelated NewsJul 23rd, 2024

GM Wentzville production idled by UAW strike at Lear seating plant

Production of midsize pickups and full-size vans at GM's Wentzville, Mo., assembly plant has been impacted by a strike at a nearby supplier factory......»»

Category: topSource:  autonewsRelated NewsJul 23rd, 2024

Mitsubishi pivots to North America as new profit engine as earnings dip

TOKYO — Mitsubishi, one of the smallest mass-market brands in the U.S., is getting bullish about North America with plans to enhance the local lineup with vehicle updates annually through 2030. The Japanese carmaker will introduce these new or u.....»»

Category: topSource:  autonewsRelated NewsJul 23rd, 2024

Tesla to report Q2 earnings amid falling sales, hopes for a robotaxi future

To counteract falling sales in major markets including the U.S., Tesla has offered a series of price cuts and incentives, including subsidized financing and lease deals that could dig into second-quarter profits, analysts said......»»

Category: topSource:  autonewsRelated NewsJul 22nd, 2024

Rivian CEO addresses lack of CarPlay support, relationship with Apple in new interview

While CarPlay is widely available on the majority of cars nowadays, Rivian is one of the primary holdouts (alongside Tesla and now GM). In a new interview this week on the Decoder podcast, Rivian founder and CEO RJ Scaringe explained the company’s.....»»

Category: topSource:  theglobeandmailRelated NewsJul 22nd, 2024

Rivian adds Apple Music, but won"t consider CarPlay

Rivian CEO says it's awesome having Apple Music in its cars, but the firm wants drivers to use its systems instead of switching in and out of CarPlay.Rivian R1TIt's been said that Apple should buy Rivian, and it's certainly been said that General Mot.....»»

Category: appleSource:  appleinsiderRelated NewsJul 22nd, 2024

New Ally CEO Michael Rhodes says he"ll play to bank"s auto strength

Ally Financial's new CEO Michael Rhodes said during the second-quarter earnings call July 17 that he would continue to prioritize Ally strengths such as its auto business rather than "emerging opportunities.".....»»

Category: topSource:  autonewsRelated NewsJul 19th, 2024

A microscopic factory for small runners: New method uses magnetic loops for growth control

Researchers at the University of Bayreuth have developed a new method for controlling the growth of physical micro-runners. They used an external magnetic field to assemble paramagnetic colloidal spheres—i.e. only magnetic due to external influence.....»»

Category: topSource:  physorgRelated NewsJul 19th, 2024

Rocket Report: Firefly’s CEO steps down; Artemis II core stage leaves factory

Rocket Factory Augsburg completed qualification of its upper stage for a first launch this year. Enlarge / The core stage for NASA's second Space Launch System rocket rolls aboard a barge that will take it from New Orleans to Ken.....»»

Category: topSource:  arstechnicaRelated NewsJul 19th, 2024

iPhone 16 may not see super cycle after all, according to analyst report

Earnings calls from key iPhone suppliers suggest iPhone 16 isn't being ordered in any greater quantity than iPhone 15, bringing the rumored Apple Intelligence spurred super cycle into question.iPhone 16 Analysts have been connecting the dots since WW.....»»

Category: appleSource:  appleinsiderRelated NewsJul 19th, 2024