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......»»
Former AFG exec reveals 2023 CareGard data breach, criticizes company"s response
AFG Cos. was unprepared for a ransomware attack last summer, for months had been unsure of the extent of the breach, and as of early this month hadn't alerted automaker partners or the agents selling its coverage to dealerships, a whistleblower alleg.....»»
Nissan cuts profit and sales outlook on sliding volume, overly optimistic plans
Nissan issues a profit warning, cutting profit and sales forecasts, as volume misses expectations and the automaker compensates suppliers for its over-optimistic plans.....»»
Struggling Nissan cuts profit and sales outlook on sliding volume, over-optimistic plans
Nissan issues a profit warning, cutting profit and sales forecasts, as volume misses expectations and the automaker compensates suppliers for its over-optimistic plans.....»»
US-made chips will cost Apple more, despite govt subsidies
Apple has pledged to buy US-made chips once TSMC’s Arizona plants come online, but the company may have to pay more for them. TSMC’s chief exec has said that it plans to charge customers more for chips made outside of Taiwan, due to the higher.....»»
5 reasons Elon Musk is cutting jobs at Tesla ahead of Q1 earnings
"About every five years, we need to reorganize and streamline the company for the next phase of growth," CEO Elon Musk said. Tesla reports earnings April 23 after global sales fell 8.5 percent last quarter on weak demand......»»
Kia poised to pull ahead in race to inexpensive EVs, exec says
Kia's early moves position it to bring EVs to the U.S. mass market......»»
Tesla"s global job cuts include leading markets U.S., China
Tesla cuts jobs in U.S. and China amid falling sales. The layoffs affect sales and service positions. .....»»
I’m a longtime Beatles fan, but I’m not sure I care about the Let It Be film coming to Disney+
When Michael Lindsay-Hogg was tapped to direct a making-of documentary to accompany work on The Beatles’ 1970 album Let It Be, he had no way … The post I’m a longtime Beatles fan, but I’m not sure I care about the Let It Be fi.....»»
Tech exec predicts ‘AI girlfriends’ will create $1B business: ‘Comfort at the end of the day’
Tech exec predicts ‘AI girlfriends’ will create $1B business: ‘Comfort at the end of the day’.....»»
Morgan Stanley fires back at iPhone doomsday research
One investment firm isn't so sold on tales of disastrous iPhone order cuts, and instead, is bullish on what they see as better than expected order volume across Apple's supply chain.iPhone 15 Pro Max — Apple's current sales leaderIn what has become.....»»
Japan to seek up to 20% fine for monopolistic practices by Apple
Japan is poised to dramatically increase the penalties for tech giants accused of monopolistic practices like Apple.New Japanese laws could slap Apple with up to 20% sales penaltyIn an extensive global effort to limit the power of major technology co.....»»
Jeep on a mission to reverse U.S. slide under new CEO Antonio Filosa
Antonio Filosa, who succeeded Christian Meunier in November, said he sees Jeep recovering the volume it has lost since 2018 while doubling its global sales to 2 million......»»
Volvo, ZF take steps to overcome bumpy software transitions
Volvo has had to delay 2 models while a top ZF exec says software ‘was not our key strength' in recent years......»»
Tesla to lay off more than 10 percent of its workers as sales slow
"Cost reductions and increased productivity" needed, says Musk. Enlarge / Tesla's Shanghai factory in 2023. (credit: VCG/VCG via Getty Images) Times are starting to get tough for Tesla. The electric vehicle automaker ha.....»»
iPhone sales drop 10% as Samsung steadies and Chinese rivals grow
New figures show that Apple's global iPhone sales declined by over five million in the first quarter of 2024, compared to the same time in 2023.Apple's iPhone 15 Pro (left) and Samsung's Galaxy S24In March, it was reported that Apple had cut its iPho.....»»
Column: When counting auto sales becomes almost as hard as autonomy
Mercedes-Benz USA is the latest automaker to buck traditional sales reporting, making the nation's retail market even more opaque......»»
Buick hopes design equates to sales boom
When the redesigned Enclave large crossover goes on sale this year, all four of the General Motors premium crossover brand's nameplates will have been introduced or updated within the last 18 months......»»
BMW kicks off 2024 atop U.S. luxury sales leader board
Mercedes-Benz now reports wholesales results, saying they align better with financial statements.....»»
I went hands-on with Sony"s new ULT Field 1 speaker
Sony released the new ULT Power Sound series with a focus on bass. We tested the ULT Field 1 portable Bluetooth speaker. There’s cause for celebration: Sony just announced a new line of products with names that don’t sound like stro.....»»
VW aims for better quality, higher sales with updated 2024 ID4
Certain 2024 Volkswagen ID4 electric compact crossovers gained additional power and a new infotainment system as part of an update. Improving the ID4's quality has also been a focus for the brand......»»