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TrueCar sees Q2 revenue slump, reports wider net loss

Executives of the vehicle listings company said low inventory and high vehicle prices have put pressure on its close rates......»»

Category: topSource:  autonewsAug 3rd, 2022

NHTSA probes 6,813 Fisker Ocean crossovers for unexpected automatic emergency braking activation

U.S. auto safety regulators are investigating Fisker Inc. after reports of unexpected activation of its automatic emergency braking systems......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

CarGurus reports net income jump, more digital wholesale losses

The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

ACV reports Q1 net loss of $20M; revenue up 22%

ACV also said the number of used vehicles transacted by dealers and commercial auto companies on its wholesale marketplace platform grew 15 percent year over year......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

4 big takeaways from Rivian"s Q1 earnings report

Rivian reported a $1.45 billion net loss in the first quarter, higher than a year earlier. But it also laid out a roadmap for slashing production costs and launching a more affordable EV in 2026......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Researchers demonstrate low-loss and polarization-independent integrated optical colorless ROADM

The implementation of integrated optical switches shows promise in the size reduction of ROADMs for greater flexibility and compactness, ultimately leading to robust single-chip solutions. Despite decades of research on switches with various structur.....»»

Category: topSource:  pcmagRelated NewsMay 9th, 2024

Elon Musk’s Neuralink reports trouble with first human brain chip

It's unclear what caused the retraction or how many threads have become displaced. Enlarge / Elon Musk, in Paris, France, on Friday, June 16, 2023. Musk predicted his Neuralink Corp. would carry out its first brain implant late.....»»

Category: topSource:  arstechnicaRelated NewsMay 9th, 2024

Accounting change drives down Cars Commerce Q1 net income

Cars Commerce's 2023 acquisition of D2C Media helped promote revenue gains, and price increases helped boost average revenue per dealer......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

GM names new leader for China after Q1 loss

Steve Hill, vice president of global commercial operations, will succeed Julian Blissett, who is retiring after four years heading GM China......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Apple loses another designer who worked in Jony Ive"s core team

Duncan Kerr, a designer who has been a part of Apple's journey since the late 1990s is now departing, marking another loss for the design team in a relatively short span of time.Jony IveIn February, Apple lost designer Bart Andre, who had been with t.....»»

Category: appleSource:  appleinsiderRelated NewsMay 8th, 2024

Earnings at Continental, Vitesco slump in Q1, mirroring broader auto declines

Continental swung to a loss amid delays in new programs, lower production volumes in Europe, and salary and wage inflation......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

AI simulation of flavored vape reactions reveals formation of many hazardous chemicals

New research has uncovered the potentially harmful substances that are produced when e-liquids in vaping devices are heated for inhalation. The study, published in Scientific Reports, highlights the urgent need for public health policies concerning f.....»»

Category: topSource:  physorgRelated NewsMay 8th, 2024

Bentley unwraps V-8 hybrid powertrain

Bentley's shift away from its iconic W-12 engine will not result in a loss of power......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

CEO Koji Sato reloads for long-term growth after leading Toyota to record profit, sales, production

Toyota reports across-the-board record results in its just-ended fiscal-year, but it warns earnings will retreat in the current year......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Rivian"s Q1 net loss widens to $1.45B as Illinois plant retools for lower-cost EVs

CEO RJ Scaringe said Rivian had successfully retooled its Normal factory with new robots and new parts suppliers to cut costs and increase line speed. He declined to comment on reported talks with Apple Inc......»»

Category: autoSource:  autonewsRelated NewsMay 8th, 2024

Rivian"s Q1 net loss widens to $1.45 billion as revenue nearly doubles to $1.2 billion

Rivian's first-quarter deliveries surged 71 percent to 13,588 while production rose 48 percent to 13,980. Rivian expects to build 57,000 vehicles this year, about the same as last year......»»

Category: topSource:  autonewsRelated NewsMay 7th, 2024

How reports of community firearm violence are framed on local television news in Philadelphia

Two new studies published in Preventive Medicine Reports and BMC Public Health led by corresponding author Jessica H. Beard, MD, MPH, FACS, of Temple University, more closely examine how reports of community firearm violence are framed on local telev.....»»

Category: topSource:  physorgRelated NewsMay 7th, 2024

Non-governmental organizations raise concerns about child abuse reporting

Community organizations making child welfare reports to Oranga Tamariki say it's not uncommon to be met with delayed decisions or silence, even on high-risk cases, a new Otago study has found......»»

Category: topSource:  physorgRelated NewsMay 7th, 2024

Replacing curbside carparking with bike lanes: A "Robin Hood planning" idea

Turning curbside carparks into cycling lanes could improve city accessibility and livability without affecting business revenue, University of Queensland research has found......»»

Category: topSource:  physorgRelated NewsMay 7th, 2024

Loss of large herbivores affects interactions between plants and their natural enemies, study shows

Insects and microorganisms that feed on plants, cut up leaves, modify leaf tissue or produce leaf spots and other kinds of damage, are usually known as pests and considered harmful, yet interactions between plants and their natural enemies are import.....»»

Category: topSource:  pcmagRelated NewsMay 7th, 2024

Cybercrime stats you can’t ignore

In this article, you will find excerpts from various reports that offer stats and insights about the current cybercrime landscape. Behavioral patterns of ransomware groups are changing GuidePoint Security | GRIT Q1 2024 Ransomware Report |.....»»

Category: securitySource:  netsecurityRelated NewsMay 7th, 2024