TrueCar reduces losses, boosts revenue in Q3
New-vehicle inventory helped the vehicle listings company, but high prices and climbing interest rates remained challenges......»»
The unintended consequences of brick-and-mortar"s decline
Lately, many big retail brands have been closing physical locations, in what has become known as the "retail apocalypse." Whether the stated reason is declining revenue, or concerns related to "shrinkage" and employee safety in some cities, the impac.....»»
Weaker China results a drag on BMW, Mercedes Q3 sales
BMW's sales in China fell 30 percent, the steepest drop in more than four years. Mercedes sales declined 13 percent after Chinese buyers held back purchases of expensive models......»»
GM’s sales slide 21% in Q3; electrified vehicles top gasoline models for first time
In the third quarter, GM’s two joint ventures delivered more than 224,000 full electric and plug-in hybrid vehicles, an increase of 61 percent and 53 percent of the company's overall China sales. .....»»
What lies ahead for AI in cybersecurity
AI is becoming recognized for its potential to strengthen cybersecurity measures and tackle the skills gap across various sectors. Its ability to streamline data management processes boosts efficiency and strengthens security protocols. However, the.....»»
Global Mac shipments fell 17.5% ahead of M4 updates
A new market intelligence report indicates that global Mac shipments fell by 17.5% year-on-year in the previous quarter. That’s against a backdrop of roughly flat sales across all laptops and desktops. Technically Q3 saw the global PC market ach.....»»
GM expects lower EV losses in 2025, will drop Ultium name
GM executives did not say if EVs will be profitable in 2025. They pointed to the improving trajectory as a sign of progress in GM's EV strategy......»»
Reducing energy loss in metal nanostructures by altering geometrical dimensions
Researchers at City University of Hong Kong (CityUHK) have made a discovery that significantly reduces energy loss in metal nanostructures. By altering the geometrical dimensions of these structures, researchers have unlocked their full potential, pa.....»»
Lucid Q3 sales rise 91% to record 2,781 on generous incentives for Air sedan
Lucid Q3 production increased a modest 16% as the automaker cleared out vehicle inventory. The EV startup's stock price rose about 2% higher in midday trading......»»
Smaller crossovers, pickups outpace U.S. market in Q3 as affordability challenges remain
Light-vehicle sales slid 2.4 percent in the third quarter, according to preliminary data from the Automotive News Research & Data Center......»»
Daily 5 report for Oct. 4: Rough times for EV makers, but future looks good
EV maker Rivian reported disappointing Q3 sales, but electrification news should improve next week as The Battery Show highlights the latest technologies......»»
Top 5 stories of the week: Lackluster Q3 vehicle sales; McLaren"s fastest supercar
A quick look at the top automotive stories of the week as determined by reader interest......»»
Smaller crossovers, pickups outpace market in Q3 as affordability challenges remain
Light-vehicle sales slid 2.4 percent in the third quarter, according to preliminary data from the Automotive News Research & Data Center......»»
Rivian reports 36% drop in Q3 sales, slashes full-year production forecast on parts shortage
Rivian sold 10,018 vehicles in the third quarter and cut its full-year production forecast to around 48,000......»»
Damage and insurance losses from Hurricane Helene could cost billions
Insurance losses are expected to reach roughly $6.4 billion, and insurance providers may reevaluate how they price policies and what types of coverage they offer......»»
Google (probably) made your internet faster
A new report shows that when Google Fiber enters a market, it boosts overall internet speeds for all providers, driving competitors to enhance their services......»»
Does limiting iPhone charging to 80% extend battery life?
Both the iPhone 16 and the iPhone 15 before it offer the option to limit charging to 80% rather than 100%. The thinking is that many people don’t need the full battery capacity of the device in a typical day, and it reduces wear on the battery, ext.....»»
Maserati"s stumbles due to marketing issues, Stellantis CEO Carlos Tavares says
Despite heavy financial losses and slumping vehicle sales, Maserati is sustainable but more needs to be done to position it as a pure luxury brand, Stellantis CEO Carlos Tavares said......»»
Daily 5 report for Oct. 2: Stellantis woes raise red flag among weaker Q3 U.S. sales results
The company's disappointing Q3 sales results reinforce the uncomfortable questions already facing Stellantis management......»»
TESLA: Q3 deliveries rise 6.4%, boosted by financing deals, Cybertruck launch
Tesla's third-quarter sales fell short of Wall Street expectations of about 470,000. Tesla shares were falling about 4 percent in early trading......»»
Tesla reverses sales slump, sees modest growth in Q3
Deliveries were up, but not enough to meet analysts' estimates. This morning, Tesla posted its sales and production numbers for the third quarter of 2024. While not spectacular w.....»»