WPG expects 5-10% sales drop in 3Q22
IC distributor WPG has reported net profits and EPS for the second quarter of 2022 beat its estimates given previously, buoyed by non-operating income, when revenue slipped 5.2% sequentially to NT$199.06 billion (US$6.64 billion). The company expects.....»»
Suppliers scramble to avoid low factory utilization amid rocky EV transition
The uneven ramp-up of electric vehicle production and flattening EV sales growth in North America have left suppliers scrambling to make sure they're not left with significantly underutilized factories, supplier executives said......»»
Nissan cuts profit and sales outlook on sliding volume, overly optimistic plans
Nissan issues a profit warning, cutting profit and sales forecasts, as volume misses expectations and the automaker compensates suppliers for its over-optimistic plans.....»»
Struggling Nissan cuts profit and sales outlook on sliding volume, over-optimistic plans
Nissan issues a profit warning, cutting profit and sales forecasts, as volume misses expectations and the automaker compensates suppliers for its over-optimistic plans.....»»
The Meta Quest 2 has received another permanent price drop to just $199
You can now buy Meta Quest 2 for $50 cheaper - and that's a permanent price drop......»»
Will the Kia EV3 be affordably priced?
Subcompact electric crossover could be priced around $32,000, which would drop to $24,500 with the $7,500 federal incentive......»»
16-inch M3 Pro MacBook Pro now $249 off, iPhone 14 at $475, Qi2 gear, more
Wednesday has some fresh Apple deals to share, including one of the best prices ever on the latest 16-inch M3 Pro MacBook Pro. Complete with 18GB of memory, you can save $249 alongside a chance to drop iPhone 14 down to $475. Plus, Belkin’s just-re.....»»
5 reasons Elon Musk is cutting jobs at Tesla ahead of Q1 earnings
"About every five years, we need to reorganize and streamline the company for the next phase of growth," CEO Elon Musk said. Tesla reports earnings April 23 after global sales fell 8.5 percent last quarter on weak demand......»»
Tesla"s global job cuts include leading markets U.S., China
Tesla cuts jobs in U.S. and China amid falling sales. The layoffs affect sales and service positions. .....»»
Morgan Stanley fires back at iPhone doomsday research
One investment firm isn't so sold on tales of disastrous iPhone order cuts, and instead, is bullish on what they see as better than expected order volume across Apple's supply chain.iPhone 15 Pro Max — Apple's current sales leaderIn what has become.....»»
Japan to seek up to 20% fine for monopolistic practices by Apple
Japan is poised to dramatically increase the penalties for tech giants accused of monopolistic practices like Apple.New Japanese laws could slap Apple with up to 20% sales penaltyIn an extensive global effort to limit the power of major technology co.....»»
Jeep on a mission to reverse U.S. slide under new CEO Antonio Filosa
Antonio Filosa, who succeeded Christian Meunier in November, said he sees Jeep recovering the volume it has lost since 2018 while doubling its global sales to 2 million......»»
Tesla to lay off more than 10 percent of its workers as sales slow
"Cost reductions and increased productivity" needed, says Musk. Enlarge / Tesla's Shanghai factory in 2023. (credit: VCG/VCG via Getty Images) Times are starting to get tough for Tesla. The electric vehicle automaker ha.....»»
iPhone sales drop 10% as Samsung steadies and Chinese rivals grow
New figures show that Apple's global iPhone sales declined by over five million in the first quarter of 2024, compared to the same time in 2023.Apple's iPhone 15 Pro (left) and Samsung's Galaxy S24In March, it was reported that Apple had cut its iPho.....»»
Column: When counting auto sales becomes almost as hard as autonomy
Mercedes-Benz USA is the latest automaker to buck traditional sales reporting, making the nation's retail market even more opaque......»»
Buick hopes design equates to sales boom
When the redesigned Enclave large crossover goes on sale this year, all four of the General Motors premium crossover brand's nameplates will have been introduced or updated within the last 18 months......»»
The next wave of mobile threats
According to McAfee, apps, whether for communication, productivity, or gaming, are among the biggest threats to mobile security. Technavio expects the global mobile security software market to grow by $2.75 billion between 2020 and 2025, expanding at.....»»
EV prices drop up to 20% as new and used inventory surges
Inventory is growing, and prices are falling for new and used EVs. Enlarge (credit: Getty Images) Among the many things upended by the pandemic was the traditional American car-buying experience. Factories were idled to.....»»
BMW kicks off 2024 atop U.S. luxury sales leader board
Mercedes-Benz now reports wholesales results, saying they align better with financial statements.....»»
VW aims for better quality, higher sales with updated 2024 ID4
Certain 2024 Volkswagen ID4 electric compact crossovers gained additional power and a new infotainment system as part of an update. Improving the ID4's quality has also been a focus for the brand......»»
BMW kicks off 2024 atop luxury sales leader board
Mercedes-Benz now reports wholesales results, saying they align better with financial statements.....»»