Toyota is running out of EV tax credits
Toyota is inching closer to using up a tax credit for hybrid and electric vehicles, a milestone the automaker argues raises its costs......»»
Toyota axle plant hiring drive focuses on San Antonio"s military veterans
Toyota intends to promote its history of job stability and focus recruiting efforts on local veterans when it begins hiring for its new $541 million axle plant outside its truck plant in San Antonio......»»
When axle supplier Hino bailed, Toyota Texas jumped in
Toyota Motor Manufacturing Texas is quickly building a 500,000-square-foot axle plant near its front gate that will begin production in late 2026 after its axle supplier announced it was exiting the market......»»
GM, Ford brace for investor scrutiny over Q3 pricing power, EV losses
GM is set to release its results for the July to September period on Oct. 22, while crosstown rival Ford will report on Oct. 28......»»
iPhone 16 Pro users are vexed by UI freezing and camera woes
Reddit and Apple’s community forum are brimming with reports of the iPhone 16 Pro series running into weird stutters, frozen UI, overheating, and camera snags......»»
Collecting taxes on Airbnb home rentals could help curb the rise in housing costs
Home-rental platforms like Airbnb are known to drive up housing costs, but a new study shows that doing a better job of collecting the taxes owed by these home rentals appears to slow the rise in home prices. The finding suggests that tax policy can.....»»
The 2025 GMC Sierra EV Denali is $10K cheaper than the 2024 model
The 2025 GMC Sierra EV Denali has been announced, and it's thankfully a whole lot cheaper than the 2024 model -- without sacrificing things like range......»»
CATL reports big miss in quarterly income as EV demand cools
Contemporary Amperex Technology Co. Ltd. reported quarterly net income well short of analyst estimates as the global slowdown in electric vehicle sales starts to bite. While net income for the third quarter ended Sept. 30 rose 26 percent to 13.1 b.....»»
Ally Q3 earnings: net income up 20% despite weak auto finance quarter
Ally Financial's net income rose by more than 20 percent during the third quarter, supported in part by the tax credits it captured from a new emphasis on writing car leases. But Ally's Q3 2024 earnings were hindered by a more than 50 percent decline.....»»
How extreme weather and costs of housing and insurance trap some households in a vicious cycle
Climate change is increasing the risk of extreme weather events for Australian households. Floods and bushfires are becoming more likely and severe. As a result, household insurance costs are soaring—tripling in some cases. High-risk areas might ev.....»»
Qualcomm cancels Windows dev kit PC for “comprehensively” failing to meet standards
Snapdragon Dev Kit was supposed to ship in June but was repeatedly delayed. It's been a big year for Windows running on Arm chips, something that Microsoft and Arm chipmakers have.....»»
Ford paying dealers to take F-150 Lightnings from new EV distribution centers
Dealers can make $22,500 by ordering 15 F-150 Lightnings from regional EV distribution centers designed to reduce carrying costs and give customers quicker access to more inventory......»»
I"m 60 with $1.5 Million in My IRA - How Do I Keep It from Running Out?
I"m 60 with $1.5 Million in My IRA - How Do I Keep It from Running Out?.....»»
It’s increasingly unlikely that humans will fly around the Moon next year
It's not just Orion's heat shield; the mission's ground systems are running out of time. Don't book your tickets for the launch of NASA's Artemis II mission next year just yet. W.....»»
EV-maker Lucid expects to raise $1.67 billion from stock sale
EV-maker Lucid expects to raise $1.67 billion from a combined public offering and private placement of roughly 637 million shares......»»
Fresh GM models, Tesla Cybertruck help boost U.S. EV registrations 18%, latest data shows
Tesla remained the top EV maker, but its market share fell to 46 percent in August from 51 percent a year earlier as legacy brands such as Chevrolet, Honda and Kia chipped away at its commanding lead......»»
Meta fires staffers for using $25 meal credits on household goods
Some workers pooled their money or had meals delivered to their homes. Meta has fired about two dozen staff in Los Angeles for using their $25 meal credits to buy household items.....»»
Israel-Iran and the nine stages of how conflicts can escalate and get out of control
Tensions are running high in the Middle East. The murderous attack by Hamas on Israel on October 7 2023 kicked off a spiral of violence in the region. That has culminated, a year later, in Israel mounting a ground invasion of Lebanon. The invasion, w.....»»
Daily 5 report for Oct. 16: Detroit 3 suppliers face major conundrum on China business
Many suppliers who bought into rosy EV production forecasts from their Detroit 3 customers now face the reality of unmet expectations......»»
Why plug-in hybrids are failing to win over EV-hesitant consumers
Automakers' hopes of easing the EV transition with plug-in hybrids may be falling short, according to a J.D. Power report......»»
Apple secretly tapped BYD for long-range EV battery tech, report says
Apple and BYD teamed up around 2017 to build a battery system using lithium iron phosphate cells, Bloomberg reported, signaling just how far the iPhone maker went in its efforts to produce a car......»»