Tesla deliveries drop by 18 percent in Q2 2022
The automaker blames supply chain issues and factory shutdowns. Enlarge / Tesla's new factories in Berlin and Texas are proving more costly to set up than its plant in Shanghai (pictured). (credit: Tesla) After several quarter.....»»
Toyota sales rise 14%; Honda edges up; Hyundai, Kia slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»
Tomorrow’s AAPL Q2 earnings likely to be $5B down
AAPL Q2 earnings are set to be announced tomorrow, and the company had already warned that we should expect a year-on-year revenue drop of around $5B. Analysts expect the same thing, and the outlook for Q3 isn’t expected to be any better, so in.....»»
Porsche study concludes aluminum could reduce Taycan weight, increase manufacturing simplicity
The study by Alumobility found switching the electric Taycan's top hat structure to all-aluminum could cut down on weight by about 40 percent......»»
Credit Acceptance Q1 net income down 35%; loan volume grows
Credit Acceptance Corp. Q1 2024 earnings: Net income fell 35 percent year over year during the first quarter as the major national car loan company grew its loan portfolio but had higher expenses......»»
Tesla Supercharger growth to slow, CEO Elon Musk says, after mass layoffs
"Tesla still plans to grow the Supercharger network, just at a slower pace for new locations," Musk said, following media reports that the automaker slashed its team dedicated to the charging network......»»
Hyundai, Kia sales slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»
Polestar delays SEC filing, says it needs to review "certain errors" in previous financial statements
Polestar said it believes the historical errors are expected to "positively impact net loss by less than five percent for 2021, and negatively impact net loss by less than five percent.".....»»
Lear"s Q1 net income falls as auto supplier goes full bore into automation
Lear Corp. reached a revenue record in the first quarter but saw net income drop 24% as it navigates operational and restructuring challenges related to lower volumes......»»
Tesla to lay off everyone working on Superchargers, new vehicles
Tesla is also getting rid of its public policy team, despite robotaxi ambitions. Enlarge / Tesla is laying off around 500 staff who have worked on its Supercharger network, plus its new vehicle development team and its public pol.....»»
VW Group"s Q1 profit drops 20% on lower volumes, higher costs
The automaker's Porsche brand reported a 14.8 percent operating margin decline on higher model revamp investments and lower demand for premium cars in China......»»
Mercedes to stay firm on pricing following Q1 profit drop
Mercedes said model transitions in the top-end segment and supply chain-related costs caused its return on sales to fall to 9.6 percent from 14.9 percent a year earlier, with vehicle sales down 8 percent at 462,978......»»
Elon Musk dismisses 2 Tesla senior executives, and their staffs, in fresh job cuts, report says
Rebecca Tinucci, senior director of the electric vehicle maker's Supercharger business, and Daniel Ho, head of the new vehicles program, are said to will leave the company immediately......»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»
Best Amazon Fire HD 8 (2022) power banks you can buy
Charge your Amazon Fire HD 8 (2022) anytime with these power banks. The post Best Amazon Fire HD 8 (2022) power banks you can buy appeared first on Phandroid. The Amazon Fire HD 8 (2022) is an affordable tablet with an 8-inch display. It o.....»»
Women should be included in decisions on the protection of human rights in the climate crisis, say researchers
Eighty percent of climatic migrants are women and children. This figure means that a new international legal framework is required to protect human rights by adding gender-sensitive measures to policies and legislation. This is the claim made by Susa.....»»
Mercedes-Benz bails on next-generation CarPlay support, here’s why
Apple unveiled its next generation of CarPlay at WWDC in 2022, then announced last year that its first partners would be Porsche and Aston Martin. In an interview today, Mercedes-Benz CEO Ola Källenius made it clear that the company has no plans.....»»
Best Amazon Fire HD 8 (2022) chargers you can buy
Charge your Amazon Fire HD 8 (2022) quickly with these fast chargers. The post Best Amazon Fire HD 8 (2022) chargers you can buy appeared first on Phandroid. The Fire HD 8 (2022) is the newest 8-inch tablet released by Amazon. It brings a.....»»
Elon Musk loses at Supreme Court in case over “funding secured” tweets
Musk can't kill SEC settlement that requires pre-approval of tweets about Tesla. Enlarge / Elon Musk speaks at the Satellite Conference and Exhibition on March 9, 2020 in Washington, DC. (credit: Getty Images | Win McNamee ).....»»
Elon Musk loses appeal bid for "funding secured" case at U.S. Supeme Court
The justices turned away Musk's appeal of a lower court's decision upholding the 2018 settlement reached after he said on social media that he had "funding secured" to take Tesla private......»»
Why Tesla"s Full Self-Driving rollout in China matters
Enabling FSD in China would provide a buffer to Tesla's declining EV sales and allow the automaker to better compete with local rivals in the world's largest auto market where driver assistance and other connected car features are prized......»»