Sonic Automotive Q1 net income drops 51%
Sales at Sonic Automotive's EchoPark brand rose 34 percent in the first quarter, but the auto retailer saw lower gross profits per new and used retail vehicles, as well as lower sales volume from its franchised dealerships......»»
GM raises 2024 guidance as Q3 revenue climbs 11%; net income flat
GM said it earned nearly $4 billion in North America as third-quarter revenue in the region jumped 14 percent to a record $41.2 billion......»»
Owners" belief in horse emotion is linked to healthier animals, new study shows
Researchers have shown that owners who believe in their horses' emotions and treat them with care, have animals that are significantly healthier and better looked after. In many low and middle-income countries (LMICs), working horses are essential to.....»»
Forvia posts slightly lower Q3 sales, but wins new business from Chinese automakers
Forvia said it underperformed the local automotive production in China due to “customer mix evolution and start of productions delayed from 2024 to 2025.”.....»»
Longtime Ford supplier Dana explores sale of off-highway unit, report says
Any sale would leave Dana focused on passenger cars and trucks, making it potentially attractive for other automotive suppliers. .....»»
Hyundai Mobis, Zeiss push full-windshield holograph video display
Hyundai Mobis is teaming with optics specialist Zeiss to turn the entire windshield into a head-up video screen thanks to a downsized holographic projection system the South Korean automotive supplier hopes to put into production around 2027......»»
Top 5 stories of the week: Stellantis walks back work-from-home push; GM eyes virtual vehicle development
A quick look at the top automotive stories of the week as determined by reader interest......»»
Nemak"s Q3"s net income takes a tumble
The automotive supplier faces challenges with labor costs and product pricing, along with restructuring efforts amid the transition to electric vehicles from internal combustion engines......»»
How Lenovo Is Powering Formula 1®— the world’s most technologically advanced sport
Formula 1® is one of the most advanced sports in the world, known for pushing the boundaries of automotive engineering, aerodynamics, and data analysis. Not only are cars constructed with cutting-edge materials using advanced aerodynamic research, t.....»»
CATL reports big miss in quarterly income as EV demand cools
Contemporary Amperex Technology Co. Ltd. reported quarterly net income well short of analyst estimates as the global slowdown in electric vehicle sales starts to bite. While net income for the third quarter ended Sept. 30 rose 26 percent to 13.1 b.....»»
Rivian, Bosch point fingers in lawsuits over production woes
Rivian is locked in a legal fight with the world’s largest automotive supplier over motors in the R1 pickup truck and SUV as the electric vehicle maker grapples with ongoing production issues. .....»»
Ally Q3 earnings: net income up 20% despite weak auto finance quarter
Ally Financial's net income rose by more than 20 percent during the third quarter, supported in part by the tax credits it captured from a new emphasis on writing car leases. But Ally's Q3 2024 earnings were hindered by a more than 50 percent decline.....»»
Deals: M4 iPad Pro, iPad mini 7, MagSafe chargers, iPhone 16 cases, and more
Joining the ongoing pre-order offers on the brand new iPad mini 7 that can net you one from $239, Amazon is also now offering its lowest price yet on the most affordable M2 iPad Air configuration starting down at $529 shipped. From there we move over.....»»
Hyundai internship hopes to accelerate automotive media diversity
HBCU students at Florida A&M gain hands-on experience and networking opportunities to break into the automotive industry......»»
A look into cloudy liquids: New method makes the expansion of turbid drops in water visible
When driving though a bank of fog, car headlights are only of limited help as the light is scattered by the water particles suspended in the air. The situation is similar when you try to observe the inside of a drop of milk in water or the internal s.....»»
Snag this massive 51% discount on HP’s 16-inch Pavilion laptop
If you want a great laptop with a solid base-spec and room to improve, this deal on the HP Pavilion Laptop 16t is the way to go......»»
1 Thing We"re Talking About: Collision repair group gets grant to help boost technician ranks
I-CAR, which provides automotive collision repair industry education and credentialing among other services, is now a national Registered Apprenticeship hub and received a grant from the U.S. Dept. of Labor to bolster the ranks of collision technicia.....»»
Fresh GM models, Tesla Cybertruck help boost U.S. EV registrations 18%, latest data shows
Tesla remained the top EV maker, but its market share fell to 46 percent in August from 51 percent a year earlier as legacy brands such as Chevrolet, Honda and Kia chipped away at its commanding lead......»»
Deals: M2 iPad Air $529 all-time low, new official Apple Watch Alpine/Trail Loops, HomeKit Secure Video cam, more
Joining the ongoing pre-order offers on the brand new iPad mini 7 that can net you one from $239, Amazon is also now offering its lowest price yet on the most affordable M2 iPad Air configuration starting down at $529 shipped. From there we move over.....»»
Angel Reese says she can"t afford rent. Her WNBA pay is barely middle class income in NJ
Angel Reese says she can"t afford rent. Her WNBA pay is barely middle class income in NJ.....»»
Carbon accounting needs a unified approach to help reach Net Zero
Efforts to reach Net Zero are being undermined by a multitude of carbon accounting systems, new research has found......»»