Wolfspeed posted 22% growth in sales, begins delivering 200mm SiC substrates
Wolfspeed posted a growing revenue and a widening loss. The US-based silicon carbide (SiC) substrate supplier also announced it had shipped its first 200mm SiC substrates from its new manufacturing plant at Mohawk Valley, New York last quarter......»»
Stellantis cuts 2024 forecast on costs for U.S., Chinese competition
The profit margin will be dented by lower-than-expected sales in the second half across most regions, Stellantis said. .....»»
Nio secures $1.9 billion injection from parent, shareholders
A cash burn has triggered analysts’ concerns, and Nio, which has never been profitable, reported a 4.5 billion yuan second-quarter loss, though sales surged to 17.5 billion yuan......»»
Storm Helene kills 44, threatens more "catastrophic" flooding as cleanup begins
Millions of Americans were still without power and many faced torrential flooding on Saturday, authorities said, as powerful storm Helene rumbled across eastern and midwestern US states, leaving at least 44 people dead......»»
Chevy launches EV training road tour for dealership sales teams
Chevy's program combines educational sessions designed to dispel myths with opportunities to drive EVs from GM and from rival automakers......»»
Dell sales team told to return to office 5 days a week, starting Monday
"... sales teams are more productive when onsite." Enlarge (credit: Brandon Bell/Getty Images) Most members of Dell’s sales team will no longer have the option to work remotely, starting on Monday, Reuters reported thi.....»»
Chinese automaker BYD seeks further easing of Mexico EV tariffs
BYD launched sales in Mexico last year via imports, and the company has since announced plans to build a local plant to push out up to 500,000 cars a year for the domestic market......»»
Musk’s X blocks links to JD Vance dossier and suspends journalist who posted it
X says it suspended reporter for "posting unredacted personal information." Enlarge / Former US President Donald Trump and Republican vice presidential nominee JD Vance at the National 9/11 Memorial and Museum on September 11, 20.....»»
Some people insist the Tijuana River is poisoning them: Officials disagree
The Tijuana River should not be flowing this time of year. But throughout the dry season, it has—delivering millions of gallons a day of an unnatural mix of water, neon green sewage and industrial waste from Tijuana through the city of Imperial Bea.....»»
September, Q3 sales impacted by ‘calendar quirk," affordability challenges
Analysts observe no new momentum in the quarter and a mostly lackluster sales pace......»»
Is the iPhone 16 in trouble? Early sales data doesn’t look good
The iPhone 16 is a great smartphone, but are people buying it? Early sales data paints a not-so-great picture......»»
Exponential growth brews 1 million AI models on Hugging Face
Hugging Face cites community-driven customization as fuel for diverse AI model boom. Enlarge (credit: Hugging Face / anucha sirivisansuwan via Getty Images) On Thursday, AI hosting platform Hugging Face surpassed 1 milli.....»»
Dealerships urge state and federal officials to relax emissions regulations in open letter
The flattening of EV sales growth has left vehicles piling up on their lots, the dealerships wrote......»»
Sony, Ubisoft scandals prompt Calif. ban on deceptive sales of digital goods
New California law reminds us we don't own games and movies. Enlarge (credit: Carol Yepes | Moment) California recently became the first state to ban deceptive sales of so-called "disappearing media." On Tuesday, Governo.....»»
EV sales remain healthy despite online doom and gloom
Battery EVs are expected to account for more than 8 percent. Enlarge (credit: Aurich Lawson | Getty Images) Battery-electric vehicles accounted for 8 percent of new vehicle sales in June and July of this year and should.....»»
Sorry, Microsoft — AI isn’t the reason people are buying new laptops
With all the hype around AI PCs this year, you might think everyone is loving the AI on their laptops -- but the IDC thinks it's irrelevant to sales......»»
VW ID Buzz allocations depend on ID4 sales success, location
The VW ID Buzz is set for a U.S. launch around Thanksgiving. The long-awaited model is set to become VW's most expensive model in the U.S......»»
Masimo CEO Joe Kiani resigns amid legal dispute with Apple
Apple and Masimo have been battling it out in court after the company specializing in health technologies managed to temporarily ban Apple Watch sales in the US due to alleged patent infringement. In the midst of this dispute, Masimo CEO Joe Kiani ha.....»»
CarMax"s Q2 net income rises 12%, revenue falls less than 1%
CarMax said it retailed 211,020 used vehicles in its second fiscal quarter, up 5.1 percent year over year. Same-store used-vehicle retail sales rose 4.3 percent......»»
Injecting manure into growing cover crops can cut pollution, support corn crops
Nitrogen in the soil, where plants can readily utilize it, benefits crop growth and health. However, nitrogen leaving the soil—whether through leaching into the groundwater table, flowing with surface runoff into streams or escaping into the air as.....»»
KEF’s affordable new Q Series speakers get an audiophile upgrade
KEF has upgraded its Q Series speakers with its Metamaterial Absorption Technology (MAT), delivering high-end audiophile sound at a fair price......»»