WT Micro expects two more quarters of inventory corrections
Inventory adjustments across IC industry supply chains are expected to carry on for two more quarters, according to Cheryl Yang, spokesperson and CFO for IC distributor WT Microelectronics......»»
F&I revenue still possible as leasing returns
As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there's still an opportunity for the finance and insurance office,.....»»
Hyundai turns to new hybrid tech to power growth amid "slowdown" in EV demand
Hyundai is leaning heavily into hybrids, citing ‘the recent slowdown’ in EV demand, and expects its sales of the gasoline-electric vehicles to more than double as it rolls out new electrified powertrain technologies and extends them to the Genesi.....»»
Westlake Financial launches fleet financing product to power micro leasing at dealerships
The vehicles used in micro lease programs can fall into a gap not covered by traditional floorplan or rental financing......»»
A leap forward in nanotechnology: Growing special micro-crystals for better devices
In a paper published in the journal Advanced Materials, Dr. Atikur Rahman's research group from the Physics department at IISER Pune, India, along with collaborators, report a new way to grow special crystals called CsPbBr3 nanoplatelets......»»
VW scales back plans for battery cell plants in Europe, North America
VW expects to start production next year at a new gigafactory in Germany, but said it may take longer to scale up battery cell capacity at plants in Spain and Canada......»»
Dodge"s challenge: Get Hellcat buyers to shell out for EVs
Dodge CEO Matt McAlear expects the upcoming Charger Daytona EV to convert some muscle car owners while drawing in new consumers intrigued by zero-emission technology......»»
Amazon clears out Apple Watch inventory, grab the Series 9 for $299 & Ultra 2 for $699
Amazon is slashing Apple Watch prices ahead of the September Apple event, resulting in the return of Prime Day pricing on multiple Series 9 and Ultra 2 styles.Amazon is blowing out Apple Watch inventory.As September inches closer, the Apple Watch dea.....»»
Ford recalls more than 90,000 police Explorers over engine fire risks
Immediate cause of failures remains unclear; Ford expects to have remedy parts by 2025......»»
Rivian pauses output of Amazon’s EV delivery van on parts shortage
The temporary stoppage began earlier this month at its factory in Normal, Ill., Rivian said. The EV maker declined to specify which components were in short supply, but said it expects to recover all missed production. .....»»
Amazon slashes up to $250 off Apple"s M4 iPad Pro during back-to-school sale
This Thursday, grab prices as low as $899 and discounts of up to $250 off Apple's 2024 M4 iPad Pro. With limited inventory available on certain configs, you'll want to jump on the deals now for the best selection.A full list of the lowest 11-inch iPa.....»»
AutoCanada considers selling U.S. stores, reports data breach and $24 million Q2 loss
AutoCanada is exploring the sale of its U.S. dealerships and other “non-profitable and non-core assets,” as the company swung to a loss for the second quarter amid falling sales, a significant used-vehicle inventory writedown and fallout from the.....»»
After micro-LED Apple Watch cancellation, LG seeking compensation
It was reported earlier this year that Apple cancelled plans for a micro-LED Apple Watch, finding them too difficult to produce in the quantities that would be needed. Display supplier LG was set to make a key component for this display, and is no.....»»
American Axle more than doubles Q2 net income but warns of R&D, product launch costs
American Axle struck deals with European automakers, but it expects increased volatility as it prepares for ramp-up costs......»»
Sonic executive calls out automakers for inventory pileups
Sonic said its days' supply for some brands is as much as 200 days......»»
What"s Next for Super Micro Computer After Stock"s 20% Post-Earnings Plunge?
What"s Next for Super Micro Computer After Stock"s 20% Post-Earnings Plunge?.....»»
Super Micro gives margin, profit forecasts below estimates; shares tumble
Super Micro gives margin, profit forecasts below estimates; shares tumble.....»»
This new Google Chrome feature could make the internet more pleasant
Google Chrome is in the works to make tipping your favorite sites easier using Web Monetization to send micro payments. Here's how it works......»»
U.S. vehicle inventory remains under 3 million in July
New-vehicle inventory levels temporarily crossed 3 million for first time in four years during CDK outage, then retreated back, Cox said......»»
Microsoft might be building its own Vision Pro rival
A new contract between Samsung Display and Microsoft for Micro-OLED displays has people wondering if the company is planning a rival to the Vision Pro......»»
Readers trust journalists less when they debunk rather than confirm claims
Pointing out that someone else is wrong is a part of life. And journalists need to do this all the time—their job includes helping sort what's true from what's not. But what if people just don't like hearing corrections?.....»»