UMC expects flat 2Q23
Pure-play foundry United Microelectronics (UMC) expects its wafer shipments and ASPs to both register about flat sequential increases in the first quarter of 2023, with its capacity utilization rate edging up to 71-73% from 70% in the prior quarter......»»
Vroom reports Q4 net loss of $141 million amid used e-commerce wind down
In addition to reporting earnings, Vroom said it expects the wind down of its used-car e-commerce operations to be mostly completed by the end of March......»»
Ram targets commercial buyers with new pro division
Ram expects its growing electrified lineup, including the upcoming 1500 REV and 1500 Ramcharger, to create more sales opportunities with fleet operators......»»
Nissan’s fleet sales are surging, and dealers fear history is repeating itself
Last month, Nissan sold nearly 40,000 vehicles, or 44 percent of total sales, to rental companies. But the automaker’s sales chief expects fleet share to stabilize soon......»»
Geologists explore the hidden history of Colorado"s Spanish Peaks
If you've driven the mostly flat stretch of I-25 in Colorado from Pueblo to Trinidad, you've seen them: the Spanish Peaks, twin mountains that soar into the sky out of nowhere, reaching altitudes of 13,628 and 12,701 feet above sea level......»»
M3 MacBook Air battery life: Here’s what you get
Apple has launched the new M3 MacBook Air laptops and the new machines come with some nice upgrades and the same super-slim, flat chassis design. So how about M3 MacBook Air battery life? Here’s what to expect. more….....»»
Group 1 buys 2 Lexus stores in Southern California with $350M in combined sales
Group 1 Automotive expects Newport Lexus in Newport Beach and Tustin Lexus to generate $350 million in combined annual revenue......»»
Odysseus lander mission expected to end early due to power issue
Intuitive Machines has announced that it expects the lander to stop communications on the morning of Tuesday, February 27, cutting the mission short......»»
Rivian, Lucid earnings reports tell a tale of a tough EV market
Rivian and Lucid are burning through cash. Sales are expected to be flat this year. The EV startups, along with Tesla, are trying to move downmarket for growth......»»
Rivian’s Q4 net loss narrows to $1.52 billion as it cuts staff by 10% and forecasts flat 2024 production
Rivian doesn't expect production to increase significantly this year due mostly to high interest rates......»»
Newborn gas planets may be surprisingly flat, says new research
A new planet starts its life in a rotating circle of gas and dust, a cradle known as a protostellar disk. My colleagues and I have used computer simulations to show that newborn gas planets in these disks are likely to have surprisingly flattened sha.....»»
Sonic Automotive Q4 net income soars despite EchoPark, powersport segment struggles
The retailer's fourth-quarter revenue was flat compared with a year earlier......»»
Dawn Project"s anti-Tesla Super Bowl ad falls flat with NTSB
A tech billionaire drew a rebuke from the National Transportation Safety Board on Monday after using the federal safety organization's logo in an anti-Tesla Super Bowl ad without permission......»»
Some dealership M&A brokers predict record Q1 amid robust deal pace
Alan Haig, president of buy-sell firm Haig Partners, in Fort Lauderdale, Fla., told that his firm expects to close deals on 31 stores this quarter, and he has a bullish outlook for 2024......»»
Some dealership buy-sell brokers predict record Q1 amid robust deal pace
Alan Haig, president of buy-sell firm Haig Partners, in Fort Lauderdale, Fla., told that his firm expects to close deals on 31 stores this quarter, and he has a bullish outlook for 2024......»»
Doggett Automotive buys 6 dealerships from Group 1 Automotive
Doggett Automotive expects the acquisition to add $300M in annual revenue......»»
Mazda quarterly profit surges to record on CX-90, hybrid uptake
Mazda expects the momentum to grow with the introduction of more hybrid options in the CX-50 and CX-70 crossovers......»»
Lenovo"s new media tablet may buck modern design trends with thick chin
The extra heft on Lenovo's Tab Plus might hold powerful speakers, while also being flat enough for easy carrying......»»
Poland"s "Bat-mum" saving bats from climate change
A Polish pensioner has been dubbed "Bat-mum" for taking care of ailing bats from her ninth-floor flat as the nocturnal mammals increasingly struggle with the effects of climate change......»»
Adient sales fall flat as auto supplier looks at new business opportunities
Adient plc’s revenue stagnated in the first quarter, though its CEO said business performance is improving and margins will, too. The company, which has its North American base in Plymouth, about 27 miles West of Detroit, had sales of $3.66 bill.....»»
Revolutionizing next-generation VR and MR displays with a novel pancake optics system
Augmented reality (AR), virtual reality (VR) and mixed reality (MR) have expanded perceptual horizons and ushered in deeper human-digital interactions that transcend the confines of traditional flat panel displays......»»