US carmakers report higher 2Q sales as inventories shrink
Automakers reported huge jumps in second-quarter US sales Thursday, but face a challenging summer as the global semiconductor shortage continues to plague the industry.
Jul 1, 2021
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Automotive
Automakers reported huge jumps in second-quarter US sales Thursday, but face a challenging summer as the global semiconductor shortage continues to plague the industry.
Jul 1, 2021
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Business
Lyft is still feeling the pandemic's severe impact on the ride-hailing industry but its third-quarter results show signs of a recovery from the previous three months when passengers stayed locked down.
Nov 11, 2020
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Automotive
For the next few months, Charlie Gilchrist figures his 11 car dealerships in the Dallas-Fort Worth area will sell just about every new vehicle they can get from the factories—and at increased prices.
May 12, 2021
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Business
Microsoft on Tuesday reported a 12% drop in profit for the October-December quarter, reflecting the economic uncertainty it said led to its decision to cut 10,000 workers.
Jan 25, 2023
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Business
Delta Air Lines offered an upbeat outlook for the summer travel season on Wednesday, saying strong demand is providing enough pricing power to make up for soaring fuel costs.
Apr 13, 2022
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Business
Sales of smartphones continued to shrink globally in the recently-ended quarter as consumers watched spending, market tracker Counterpoint reported on Monday.
Oct 16, 2023
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Energy & Green Tech
The Biden administration announced new automobile emissions standards Wednesday that officials called the most ambitious plan ever to cut planet-warming emissions from passenger vehicles.
Mar 20, 2024
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Business
South Korea's Samsung Electronics said Tuesday that its operating profits for the July to September period were down nearly 80 percent, but forecast that a prolonged slump in the memory chip market was coming to an end.
Oct 31, 2023
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Business
The UK government announced a last-minute rescue deal Tuesday for the troubled no-frills airline Flybe aimed at keeping Europe's largest regional carrier flying and preserving around 2,000 jobs.
Jan 14, 2020
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Automotive
Fresh off of recent legislative triumphs aimed at supporting US manufacturing, President Joe Biden is set for an upbeat appearance Wednesday at the first Detroit Auto Show since the pandemic.
Sep 14, 2022
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