Sonic cuts EchoPark footprint amid used-vehicle struggles
In a significant change of fortune for EchoPark, Sonic Automotive Inc. has indefinitely suspended operations at eight used-only locations and will take a second-quarter impairment charge......»»
Gentex Q2 net income falls 21% on lower vehicle production
The mirror supplier said net income and revenue declined after a drop in light-vehicle production......»»
New research on legal aid cuts shows wasted money and "embarrassing" data gaps in UK
There needs to be "significant improvements" to the way data is collected across UK Government to prove if major changes to legal aid have delivered value for money to the taxpayer, a new report says......»»
Best luxury EVs: Go electric in style
While there are plenty of luxury EVs out there, it can be difficult to find the right one for your needs, even if you have cash to spend on an electric vehicle,.....»»
iPhone prices cut in India in new first for Apple, following tax cuts
Apple has cut iPhone prices in India, following a recent decision by the government to reduce import taxes on smartphones. The price cuts include the iPhone 15 Pro and Pro Max models, the first time Apple has ever reduced the prices of current pre.....»»
GM Ventures, others invest in Israeli EV battery startup Addionics
Addionics raised $39 million from investors including General Motors' venture capital arm to help commercialize its 3D copper foil product for electric vehicle batteries......»»
Air pollution falls after London vehicle curbs: Mayor
London's Mayor Sadiq Khan on Thursday claimed success for his expanded pollution toll zone for motor vehicles, pointing to a drop in levels of a harmful air pollutant since its controversial introduction......»»
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......»»
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......»»
This Roomba deal cuts the price of the j7+ nearly in half
The iRobot Roomba j7+, a self-emptying robot vacuum with mapping technology, is available from Amazon for nearly half-price at $430, but likely not for long......»»
How experts are calculating the Paris Olympics" carbon footprint: 83 bottles of wine per person
The 2024 Paris Olympics aim to be the greenest edition on record, and the first compatible with the Paris climate agreement. Talk of "green games" goes back to April 2021. At the time, the Organizing Committee for the Olympic Games (OCOG) had even as.....»»
Another prison term in multimillion dollar ‘Ponzi-like" car export scheme
A top conspirator in a fraud and money-laundering scheme was sentenced to 15 months in prison and ordered to pay $3.5 million in restitution for his role in defrauding franchised dealerships and vehicle brokers......»»
This Dell XPS 14 deal cuts the price by $300 for a limited time
The Dell XPS 14 with the Nvidia GeForce RTX 4050 graphics card and 16GB of RAM is down to $1,700 from Dell, following a $300 discount that won't last long......»»
GM to delay EV pickup production at Orion Assembly until 2026
GM is delaying EV pickup production at Orion Assembly in Michigan until 2026 and is deferring Buick's first electric vehicle, which CEO Mary Barra said had been planned for 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......»»
Alexa had “no profit timeline,” cost Amazon $25 billion in 4 years
WSJ report highlights vague metrics, internal struggles of Amazon Devices. Enlarge (credit: Getty) The Amazon business unit that focuses on Alexa-powered gadgets lost $25 billion between 2017 and 2021, The Wall Street Jo.....»»
This Dell XPS 16 deal cuts the laptop’s price by $500
The Dell XPS 16 has a major markdown today! Save $500 when you purchase the powerful laptop directly from Dell......»»
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.....»»
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......»»
Cadillac reveals Sollei convertible concept to imagine future of bespoke vehicles
Cadillac is exploring how it could further elevate custom vehicle designs with the Sollei, an electric concept that it calls its "ode to the sun.".....»»
AutoNation, Sonic likely to be hardest hit on Q2 earnings by CDK cyberattack
Both the second- and sixth-largest dealership groups in the U.S. use CDK's dealer management system at all stores......»»