TrueCar reduces losses, boosts revenue in Q3
New-vehicle inventory helped the vehicle listings company, but high prices and climbing interest rates remained challenges......»»
Renault beats Q3 forecasts as new launches lift sales
Renault beats Q3 forecasts as new launches lift sales.....»»
Lithia saved $50 million more than planned through Q3, sees another $100 million soon
Lithia Motors Inc. by the end of the third quarter reduced expenses by $50 million more than the group's original target for a cost-cutting initiative launched this year, COO Adam Chamberlain said Oct. 23 on the company's Q3 earnings call......»»
Tesla Q3 net income rises 17% to $2.2 billion; total revenue up 8% to $25.2 billion
Tesla said it expects to launch lower-cost models next year. "Plans for new vehicles, including more affordable models, remain on track for start of production in the first half of 2025.".....»»
GM sees China red ink grow in Q3 amid extended sales slump
GM is working to restructure its struggling business in China, where its market share has fallen amid heightened competition, particularly from domestic brands selling low-priced EVs......»»
Tesla makes $2.2 billion in profit during Q3 2024
Tesla's profit margin is looking healthier than it has in a while. After a rocky first half of the year, Tesla enjoyed a much healthier third quarter in 2024. As we learned earlie.....»»
Advanced driver-assistance systems could become $307 billion market by 2035, report says
Revenue from advanced driver-assist systems is expected to surge from just $1.7 billion in 2023, according to a report by Oliver Wyman Forum. The firm also expects massive revenue growth in EV charging services......»»
Lithia Q3 net income dinged by acquisition costs; quarterly revenue hits record
Lithia Motors Inc.'s net income fell 16 percent during the third quarter as the company bought three Florida dealerships and a remaining minority stake in Pfaff Automotive Partners......»»
BMW U.S. boss bets on another record sales year despite Q3 slump
A recall-related stop-sale in the third quarter flipped BMW brand's 3.1 percent first-half sales increase into a 0.2 percent decline after nine months......»»
New chemical treatment reduces number of plant pores that regulate water loss
Researchers from Nagoya University Institute of Transformative Biomolecules (WPI-ITbM) in Japan and their colleagues have identified and derivatized a chemical compound that effectively regulates the density of stomata in model plants. Stomata are cr.....»»
Super Micro Computer, Inc. (NASDAQ:SMCI)’s New 3U Server Boosts AI Inference Capabilities
Super Micro Computer, Inc. (NASDAQ:SMCI)’s New 3U Server Boosts AI Inference Capabilities.....»»
SailPoint Machine Identity Security reduces the risk associated with unmanaged machine identities
SailPoint launched SailPoint Machine Identity Security, a new Identity Security Cloud product. SailPoint Machine Identity Security is a dedicated product built specifically for machine accounts such as service accounts and bots. Built on SailPoint At.....»»
GM Financial net income down 11% in Q3
General Motors Financial saw net income fall by more than 10 percent year over year in Q3 2024 earnings as the GM captive finance company grew its financing income but spent more on interest......»»
Service departments leverage the latest AI-based technology to help grow revenue, increase customer satisfaction
The number of dealership service departments applying artificial intelligence is multiplying, with the technology performing everything from booking appointments to suggesting conversational language for business development center workers. The resul.....»»
People around the world are using courts to question whether climate policies are fair
Coal workers suing their government over job losses. Indigenous people using the courts to block wind farms or anti-deforestation policies that violate their cultural rights. What these cases have in common is they challenge the fairness of climate p.....»»
GM raises 2024 guidance as Q3 revenue climbs 11%; net income flat; shares rise
GM said it earned nearly $4 billion in North America as third-quarter revenue in the region jumped 14 percent to a record $41.2 billion. Shares rose 7.7 percent in morning trading. .....»»
Tesla faces questions on robotaxi service, $25,000 model and flat sales in Q3 earnings report
Wall Street analysts expect a drop in Tesla's third-quarter margins after it boosted incentives to juice sales of its aging core vehicles, the Model Y crossover and Model 3 sedan......»»
GM raises 2024 guidance as Q3 revenue climbs 11%; net income flat
GM said it earned nearly $4 billion in North America as third-quarter revenue in the region jumped 14 percent to a record $41.2 billion......»»
Daily 5 report for Oct. 21: Making sense of Q3 earnings reports beyond "beats" and "misses"
Innumerable disclosures figure into analyzing the overall health of a publicly traded company......»»
"Nano-weapon" discovery boosts fight against antibiotic-resistant hospital superbugs
Researchers have discovered how a bacteria found in hospitals uses "nano-weapons" to enable their spread, unlocking new clues in the fight against antibiotic-resistant superbugs......»»
Forvia posts slightly lower Q3 sales, but wins new business from Chinese automakers
Forvia said it underperformed the local automotive production in China due to “customer mix evolution and start of productions delayed from 2024 to 2025.”.....»»