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Cars.com posts smaller Q2 profit, growth in revenue, dealership customers
Auto August 3, 2022 , by BizLizzy Reporter
Dealership technology company Cars.com reported a smaller second-quarter profit and higher revenue and
Denso helping its engineers learn new skills for the EV age
Auto August 3, 2022 , by BizLizzy Reporter
Denso will need engineers for EVs and automated driving technologies. So it transform the mechanical
Five Star Automotive Group acquires Honda, Mitsubishi and Toyota dealerships
Auto August 3, 2022 , by BizLizzy Reporter
Expanding Five Star Automotive Group, which entered the Midwest last year, added three dealerships in
KAR records net profit, saw reduced conversion rates in Q2
Auto August 3, 2022 , by BizLizzy Reporter
Battery makers say methods, supply chains in flux
Auto August 3, 2022 , by BizLizzy Reporter
The industry is scrambling to build millions of EVs, and battery producers are considering new processes
Automakers press Manchin for changes to EV tax credit proposal
Auto August 2, 2022 , by BizLizzy Reporter
Sen. Joe Manchin, D-W.Va., expressed little interest in revising his proposal. “Tell (automakers)
EV tax credit proposal less about consumers, more about sourcing, industry exec says
Auto August 2, 2022 , by BizLizzy Reporter
The EV tax credit proposal unveiled last week by U.S. Democratic Sens. Chuck Schumer and Joe Manchin
Lear slashing head count, ‘de-risking' business amid economic uncertainty
Auto August 2, 2022 , by BizLizzy Reporter
To maintain “operational excellence,” Lear recently reduced non-manufacturing, salaried headcount
Reynolds and Reynolds still on acquisition hunt
Auto August 2, 2022 , by BizLizzy Reporter
President Chris Walsh said in February the company would look for acquisitions in 2022 to bolster its
Uber doubles Q2 revenue to $8.1 billion as ridership surges
Auto August 2, 2022 , by BizLizzy Reporter
The ride-hailing giant said Q2 results were boosted by resilient demand from customers who continued
VW agrees to buy $4 billion worth of lidar components from Israel's Innoviz
Auto August 2, 2022 , by BizLizzy Reporter
The components, including laser-based lidar sensors, will be used in advanced driver assistance systems
Higher loss provision cuts Credit Acceptance Q2 income
Auto August 2, 2022 , by BizLizzy Reporter
Credit Acceptance Corp.’s net income fell 63 percent in the second quarter to $107.4 million, dragged

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Business, Science & Industry News

Cars.com posts smaller Q2 profit, growth in revenue, dealership customers

Denso helping its engineers learn new skills for the EV age

Five Star Automotive Group acquires Honda, Mitsubishi and Toyota dealerships

KAR records net profit, saw reduced conversion rates in Q2

Battery makers say methods, supply chains in flux

Automakers press Manchin for changes to EV tax credit proposal

EV tax credit proposal less about consumers, more about sourcing, industry exec says

Lear slashing head count, ‘de-risking' business amid economic uncertainty

Reynolds and Reynolds still on acquisition hunt

Uber doubles Q2 revenue to $8.1 billion as ridership surges

VW agrees to buy $4 billion worth of lidar components from Israel's Innoviz

Higher loss provision cuts Credit Acceptance Q2 income

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