Stellantis dealers near record profitability despite lower sales
Increased profitability and a surge in Stellantis’ J.D. Power sales satisfaction scores gave the company and its dealers plenty to be excited about despite the production constraints that kept inventory tight......»»
As U.S. CPO sales fall to 8-year low, some brands make older cars eligible
Last year, sales of certified vehicles fell 9.4 percent to 2.49 million, according to figures from the Automotive News Research & Data Center. It was the lowest annual volume since 2014, when 2.34 million certified sales were recorded......»»
China sees signs of NEV market recovery in February
China will likely welcome back its robust EV market soon. Data from the China Passenger Car Association (CPCA) showed that wholesale and retail sales of new energy vehicles (NEV) recovered in February. NEV exports last month also saw a 73% growth fro.....»»
Global EV sales, 2023
Global EV sales continued to exhibit prominent growth in 2022, amounting to 9.78 million units, as opposed to the overall automotive sales worldwide that again came short of expectation......»»
EV sales in China expected to reach over 8 million in 2023
One fourth of the cars sold in China were electric vehicles in 2022, and EV sales are expected to reach more than eight million units in 2023, according to Counterpoint Research......»»
Handset sales turn brisk in Taiwan
Sales of handsets in the Taiwan market have been brisk recently, defying the industry's conservative outlook for a sluggish performance on the ground of high market penetration and rising inflation......»»
Today’s best deals: Apple Watch, AirPods Pro, AirTags, and Mac Mini
The Mac Mini sees its biggest discount yet, while others match Black Friday lows. Enlarge If you've been eyeing some specific Apple devices but either missed your chance to snag record-low prices during the holidays, or.....»»
Book publishers with surging profits struggle to prove Internet Archive hurt sales
A federal judge will soon decide if digital lending violates copyright laws. Enlarge (credit: feellife | iStock / Getty Images Plus) Today, the Internet Archive (IA) defended its practice of digitizing books and lending.....»»
Subaru names longtime exec Troy Poston to top sales job
Troy Poston will take over as head of U.S. sales for Subaru of America effective April 1, succeeding Jeff Walters, who moves to the automaker's top U.S. job with the retirement of longtime CEO Tom Doll......»»
Indonesia needs sales momentum to boost local content manufacturing
Indonesia's EV subsidies are taking effect today on March 20. As the program was announced earlier this month, the government is providing purchase subsidies to achieve sales goals of more than 200,000 units of electric scooters and 359,000 units of.....»»
Fuel cells left behind by rapid EV sales, infrastructure growth
Electric vehicle sales and adoption have jumped so far ahead of fuel cell passenger cars that it will be nearly impossible to catch up......»»
Unifor considering negotiating for profit-sharing with Detroit 3
The possible paradigm shift follows news of unprecedented profit-sharing checks that Stellantis’ U.S. hourly workers are expected to receive this year......»»
NASA uses 30-year satellite record to track and project rising seas
Observations from space show that the rate of sea level rise is increasing. Knowing where and how much rise is happening can help coastal planners prepare for future hazards......»»
Mazda names former North America chief Masahiro Moro as next CEO
Masahiro Moro, who has led Mazda's operations in Europe and North America during his career, takes over from Akira Marumoto. He says boosting U.S. sales is a key target......»»
Global EV market grows 55% in 2022 with 59% of EVs sold in China
Worldwide sales of electric vehicles (EV) increased 55% to 10.1 million units in 2022, according to Canalys. China was by far the largest EV market last year, accounting for 59% of all EVs sold......»»
Mazda"s new CEO says boosting U.S. sales is key target
Masahiro Moro, who has led Mazda's operations in Europe and the U.S. during his career, takes over from Akira Marumoto......»»
PMIC vendor M3Tek expects sales recovery in 2H23
Power management IC company M3 Technology (M3Tek) may see another sequential revenue drop of 10-15% in the first quarter of 2023, but revenue will likely recover in the second half of the year, according to the company......»»
Robust PA demand for defense apps buoys Transcom 2022 revenue, profits
Niche-market compound semiconductor IDM Transcom has reported record-high revenue and net profits of NT$1.035 billion and NT$249 million, respectively, for 2022, buoyed by strong power amplifier (PA) shipments for defense and other high-end and niche.....»»
RIP (again): Google Glass will no longer be sold
Sales have already ceased, and support ends later this year. A woman uses Google Glass Enterprise Edition in a marketing image for the product. [credit.....»»
Dodge Durango Hellcat owners sue Stellantis for extending product run
Dodge originally said consumers would have just 'one shot' to buy the 710-hp utility vehicle, and those who did are mad that the model is coming back for 2023......»»
Miss. governor signs bill putting new restrictions on how EV-only manufacturers can sell
The law grandfathers in an existing Tesla location, according to the Mississippi Automobile Dealers Association......»»