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Hyundai sales rebound in February, Kia slips again

The U.S. new-vehicle market is expected to expand 5.6 to 6.3 percent in February, helped by growing inventories and higher discounts, analysts say, even as affordability concerns and elevated interest rates still weigh on buyers......»»

Category: topSource:  autonewsMar 1st, 2024

GM Financial Q1 net income slips 8%

The captive said lease originations rose, while retail loans fell......»»

Category: topSource:  autonewsRelated News8 hr. 47 min. ago

Veoneer names longtime Forvia executive Nik Endrud CEO following sale

Veoneer appointed longtime Forvia executive Nik Endrud as its CEO, less than two months after being acquired by a New York private equity firm and after two other major sales of its business units......»»

Category: topSource:  autonewsRelated News8 hr. 47 min. ago

Plant-Based Meat Boomed. Here Comes the Bust

Sales of vegan meat are trending downward in the US, with companies scrambling to win back customers......»»

Category: gadgetSource:  wiredRelated News9 hr. 47 min. ago

Apple"s iPhone skid in China continues, with another big hit to start 2024

Apple is having a tough quarter in China, with new research claiming that Apple's iPhone sales are down 19.1% year-over-year.Apple's iPhone 15All smartphone sales have been in decline in China for some years, but recent reports had said the market wa.....»»

Category: appleSource:  appleinsiderRelated News15 hr. 19 min. ago

Kia gives $7,500 incentive for EV9 sales until production moves to U.S.

Kia America is giving buyers of its EV9 $7,500 to match the amount buyers recoup from a federal tax credit on electric vehicles that are not imported......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

Tesla"s Elon Musk faces robotaxi skeptics, sales drop in Q1 earnings report; broad price cuts launched

CEO Elon Musk will face tough questions after a Q1 sales decline and reports Tesla stopped work on an affordable EV in favor of a dedicated robotaxi without human controls......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

Tesla"s Elon Musk faces robotaxi skeptics, sales drop in Q1 earnings report

CEO Elon Musk will face tough questions after a Q1 sales decline and reports Tesla stopped work on an affordable EV in favor of a dedicated robotaxi without human controls......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

Best Buy"s MacBook Air sale drives prices down to $599

April's MacBook Air sales are in full swing, with Best Buy having limited inventory of a Geek Squad Certified Refurbished M1 model for $599 and M2 models in new, factory sealed condition up to $400 off.Best Buy continues to offer trending deals on Ap.....»»

Category: appleSource:  appleinsiderRelated NewsApr 21st, 2024

Nissan hopes new product, marketing juice U.S. sales

Nissan's message to dealers: 'The car is the star.'.....»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

Tesla"s U.S. registrations fell 25% in February, dragging the EV segment into the red

Ford, Hyundai, Kia, BMW and Rivian posted strong gains, partially offsetting Tesla's decline. The last time monthly EV registrations fell was in August 2020......»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

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......»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

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.....»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

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.....»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

Scientists navigate the paradox of extreme cold events in a warming world

According to Copernicus Climate Change Service, February 2024 was the warmest February ever recorded globally......»»

Category: topSource:  physorgRelated NewsApr 17th, 2024

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......»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024

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. .....»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024

Surf clams off the coast of Virginia reappear and rebound

The Atlantic surf clam, an economically valuable species that is the main ingredient in clam chowder and fried clam strips, has returned to Virginia waters in a big way, reversing a die-off that started more than two decades ago......»»

Category: topSource:  physorgRelated NewsApr 16th, 2024

Don’t let the gimmicks fool you. The Ioniq 5 N is a serious track car

Hyundai threw everything it had at the 2025 Ioniq 5 N, the first EV to wear the N performance badge......»»

Category: topSource:  digitaltrendsRelated NewsApr 16th, 2024

Nintendo Indie World Showcase April 2024: How to watch and what to expect

It’s time for some indie games! We’re about two months out from Nintendo’s last Direct event, which the company hosted on February 21st, so it’s … The post Nintendo Indie World Showcase April 2024: How to watch and what.....»»

Category: gadgetSource:  bgrRelated NewsApr 16th, 2024

SWOT satellite helps gauge the depth of Death Valley"s temporary lake

California's Death Valley, the driest place in North America, has hosted an ephemeral lake since late 2023. A NASA-led analysis recently calculated water depths in the temporary lake over several weeks in February and March 2024, demonstrating the ca.....»»

Category: topSource:  informationweekRelated NewsApr 16th, 2024