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Toyota doubles quarterly profit as sales surge, North America lags

The world's largest automaker warned that lagging performance in the important North American market is sapping the carmaker's ability to invest heavily in EV production......»»

Category: topSource:  autonewsAug 1st, 2023

OpenAI drops nonprofit status in large-scale reorganization

OpenAI is reportedly planning to scrap the nonprofit structure of its core business in favor of a for-profit model that will be more attractive to investors......»»

Category: topSource:  digitaltrendsRelated NewsSep 26th, 2024

VW ID Buzz allocations depend on ID4 sales success, location

The VW ID Buzz is set for a U.S. launch around Thanksgiving. The long-awaited model is set to become VW's most expensive model in the U.S......»»

Category: topSource:  autonewsRelated NewsSep 26th, 2024

Masimo CEO Joe Kiani resigns amid legal dispute with Apple

Apple and Masimo have been battling it out in court after the company specializing in health technologies managed to temporarily ban Apple Watch sales in the US due to alleged patent infringement. In the midst of this dispute, Masimo CEO Joe Kiani ha.....»»

Category: topSource:  informationweekRelated NewsSep 26th, 2024

Hummingbirds thrive on an extreme lifestyle. Here’s how.

Nightly suspended animation, sugary diet, backwards flight, and long migrations help. Enlarge / Hummingbirds—like this golden-tailed sapphire from South America—draw the eye with their bright colors and busy, hovering flight......»»

Category: topSource:  arstechnicaRelated NewsSep 26th, 2024

OpenAI plans tectonic shift from nonprofit to for-profit, giving Altman equity

Under plans that have attracted criticism, shift may give Altman 7% equity in the firm. Enlarge (credit: Benj Edwards / OpenAI) On Wednesday, Reuters reported that OpenAI is working on a plan to restructure its core busi.....»»

Category: topSource:  arstechnicaRelated NewsSep 26th, 2024

CarMax"s Q2 net income rises 12%, revenue falls less than 1%

CarMax said it retailed 211,020 used vehicles in its second fiscal quarter, up 5.1 percent year over year. Same-store used-vehicle retail sales rose 4.3 percent......»»

Category: topSource:  autonewsRelated NewsSep 26th, 2024

Toyota drops ‘Prime" name for ‘Plug-in Hybrid" instead

Toyota will abandon the "Prime" designation to represent its plug-in hybrids, and will instead revert to just calling them what they are......»»

Category: topSource:  autonewsRelated NewsSep 26th, 2024

Toyota confirms it will end Olympics, Paralympics sponsorship

Toyota confirmed it will end Olympics and Paralympics sponsorship but will continue to financially support athletes......»»

Category: topSource:  autonewsRelated NewsSep 26th, 2024

A social media platform that is actually good for democracy?

Technology is often seen as a threat to democracy, with the surge in AI capabilities the latest big concern......»»

Category: topSource:  theglobeandmailRelated NewsSep 26th, 2024

Daily 5 report for Sept. 25: Another Stellantis challenge: Advertising

When an automaker's sales fall, an advertising agency review is sure to follow......»»

Category: topSource:  autonewsRelated NewsSep 26th, 2024

What America"s history can teach us about debates on religious freedom and its importance for democracy

Supporters of both major U.S. political parties tend to claim their presidential candidate is the "real" Christian or the "better" Christian or just the "true" Christian......»»

Category: topSource:  physorgRelated NewsSep 25th, 2024

Stellantis reviews U.S. advertising accounts for Dodge, Ram, Chrysler, Alfa and Fiat

The review comes as the automaker is under dealer scrutiny as sales slump. The Jeep brand is not involved in the review......»»

Category: topSource:  autonewsRelated NewsSep 25th, 2024

Ransomware outfit claims it stole financial, employee, sales data from AutoCanada

The theft claim follows an IT breach from August. The publicly traded dealership group did not confirm being held for ransom......»»

Category: topSource:  autonewsRelated NewsSep 25th, 2024

Citizen scientists help discover microplastics along the entire German coastline

The global production of plastics and the resulting plastic waste has increased to such an extent that plastics have become ubiquitous in our environment. Plastics of various sizes are also found along the German North Sea and Baltic coasts......»»

Category: topSource:  marketingvoxRelated NewsSep 25th, 2024

This espresso machine is $300 off during early Prime Big Deals Days sales

Brew your favorite caffeinated beverages to perfection with the Philips 3200 Series espresso maker, now on sale for $600 when you buy on Amazon......»»

Category: topSource:  digitaltrendsRelated NewsSep 25th, 2024

Daily 5 report for Sept. 24: EV realities set in at Automotive News Congress

It's not all doom and gloom despite EV sales not meeting growth expectations, but clearly the time for happy talk has ended......»»

Category: topSource:  autonewsRelated NewsSep 25th, 2024

GM"s Rory Harvey: Flexibility needed during evolving market transition

Automakers are contending with variables that include trade with China and the upcoming U.S. presidential election, General Motors' top North American executive said......»»

Category: topSource:  autonewsRelated NewsSep 24th, 2024

Atmospheric methane increase during pandemic due primarily to wetland flooding, satellite data analysis finds

A new analysis of satellite data finds that the record surge in atmospheric methane emissions from 2020 to 2022 was driven by increased inundation and water storage in wetlands, combined with a slight decrease in atmospheric hydroxide (OH). The resul.....»»

Category: topSource:  theglobeandmailRelated NewsSep 24th, 2024

Lower-income households have high auto payments, according to Bank of America

The customers who purchased vehicles during the height of the inventory shortages are still feeling the strain; lower-income households seem to be feeling that strain the most......»»

Category: topSource:  autonewsRelated NewsSep 24th, 2024

Rivian launches pre-owned vehicle sales, joining Tesla in growing used EV market

Rivian has launched pre-owned sales of R1T and R1S models. Demand for used electric vehicles is solid because steep depreciation makes them a good value compared with gasoline cars, iSeeCars says......»»

Category: topSource:  autonewsRelated NewsSep 24th, 2024