Tesla back on top in global EV sales after BYD"s Q1 decline
BYD's 43 percent quarterly drop means Tesla took back the title of world's biggest EV seller with first-quarter deliveries of 386,810, a decline of 20 percent from the previous quarter. BYD sold 300,114 EVs in the first quarter......»»
Rivian sales chief and former Porsche exec Kjell Gruner resigns after 11 months
The California company said in a regulatory filing that Kjell Gruner is resigning, and had notified Rivian of his decision to resign "to pursue other opportunities." Gruner started at Rivian in September 2023......»»
New study disputes Hunga Tonga volcano"s role in 2023–24 global warm-up
New research from a collaborative team featuring Texas A&M University atmospheric scientist Dr. Andrew Dessler is exploring the climate impact of the 2022 Hunga Tonga volcano eruption and challenging existing assumptions about its effects in the proc.....»»
Automotive tech company CDK must face antitrust class action, judge says
Software vendors can band together as a class to sue automotive technology giant CDK Global for allegedly restricting access to data and causing them to pay hundreds of millions of dollars in overcharges, a federal judge in Chicago has ruled. .....»»
Research highlights impact of Ukrainian President Zelensky"s traits on global perceptions
A new study reveals that Ukrainian President Volodymyr Zelensky's communal personality traits significantly increase empathy and pro-social behaviors towards Ukrainian citizens amid the ongoing Russia-Ukraine war. The study was conducted by Prof. Mei.....»»
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......»»
Which Model Y trim should you buy? Model Y trims compared
The Tesla Model Y is the most popular EV for a reason -- but which Model Y trim should you buy? Here's a comparison of the three Model Y trims......»»
Most automakers predict missed EV sales goals, slower transition in Kerrigan survey
The majority of automaker executives who participated in the 2024 Kerrigan OEM Survey said the transition to EVs will be slower than initially projected in the U.S......»»
Early CDK Global DMS return helped ease Group 1"s Q2 losses
The auto retailer estimates it lost $17 million in pretax income in the second-quarter due to the CDK outage......»»
China poised to lead global auto market, S&P Global says
BYD has emerged as a top 10 manufacturer, and evolving retail networks and new factories in Europe offer opportunities for Chinese automakers. Despite European and North American tariffs, they continue to push forward......»»
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......»»
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......»»
Intel is losing ground to AMD
Intel's market share has decreased to 71.9% in the third quarter of 2024. It remains the global leader in processor sales, but is steadily losing ground to AMD......»»
No judge with Tesla stock should handle Elon Musk cases, watchdog argues
Elon Musk does not control X or Tesla, X argued in lawsuit over ad boycott. Enlarge (credit: Bloomberg / Contributor | Bloomberg) Elon Musk's fight against Media Matters for America (MMFA)—a watchdog organization that.....»»
Elon Musk claims he is training “the world’s most powerful AI by every metric”
One snag: xAI might not have the electrical power contracts to do it. Enlarge / Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister,.....»»
Net effects of man-made nitrogen attenuate global warming, researchers find
Nitrogen fertilizers and nitrogen oxides from fossil fuels are known for their environmental damage: they pollute the air and drinking water, lead to over-fertilization of water and land ecosystems, reduce biodiversity and damage the ozone layer......»»
Yes, Australia"s environment is on a depressing path—but $7 billion a year would transform it, says report
The condition of Australia's environment continues to decline. Many Australians wonder if it's possible to reverse this depressing trajectory—and our landmark assessment released today shows the answer is yes......»»
Reduce, reuse, reflycle: How genetically modified flies can reduce waste and keep it out of landfills
A Macquarie University team proposes using genetically engineered black soldier flies (Hermetia illucens) to address worldwide pollution challenges and produce valuable raw materials for industry, including the USD $500 billion global animal feed mar.....»»
Study reveals historical mismatch in Southern Ocean contributes to heat and carbon uptake
The Southern Ocean plays a central role in the global uptake of heat and carbon, which is widely thought to be due to its unique upwelling and circulation. An international research team, led by the University of Liverpool, explored whether there are.....»»
Android switchers boost iPhone Sales -- but not for the iPhone 15
Over the years, Apple has benefited greatly from Android users switching to iPhones. The models that the switchers are picking now is a short-term strategic challenge for Apple, but a long-term gain.Android switchers boost iPhone Sales — but not fo.....»»
Toyota weighs 4-day workweek in sweeping overhaul of office life
The possible change in Japan is part of a sweeping rethink of office life meant to streamline workloads for a modern, more agile era of global competition and innovation......»»