Switzerland ends electric car tax exemption
Switzerland on Wednesday scrapped a tax exemption for imports of electric cars, whose growing presence on Swiss roads has cut into tax revenues.
Nov 8, 2023
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18
Automotive
News tagged with profit margin
Security
Securing the food pipeline from cyberattacks
Sensors detecting the amount of food that herds of cattle are eating. Machines taking thousands of photos of fruit per second to detect their defects and sort them by quality. Robots packing fruit and vegetables into bags ...
Oct 11, 2023
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1
Business
Activision Blizzard's CEO Bobby Kotick defends Microsoft's planned takeover of the video game-maker
Activision Blizzard CEO Bobby Kotick was in court Wednesday defending Microsoft's proposed $69 billion takeover of his video game company against an attempt by federal regulators to block the deal.
Jun 28, 2023
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1
Automotive
Tesla's price cuts drag share prices sharply lower
Tesla shares fell sharply Thursday as the company felt the sting of numerous price cuts it made across its model lineup this year in hopes of energizing sales.
Apr 20, 2023
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10
Automotive
Price cuts cause Tesla 1Q income, profit margins to fall
Tesla's first-quarter net income tumbled 24% from a year ago as multiple price cuts across its model lineup reduced the amount of money generated per vehicle even as sales rose.
Apr 19, 2023
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6
Automotive
Renault boosts profitability but Russia exit pushes it into loss
French automaker Renault said Thursday it boosted manufacturing profitability in 2022 but the sale of its operations in Russia pushed the company into a net loss.
Feb 16, 2023
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15
Business
Tesla shares tumble after company misses delivery target
Shares of Tesla tumbled more than 12% Tuesday on the first full day of trading since the company announced 2022 delivery numbers that fell short of targets.
Jan 3, 2023
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5
Automotive
Tata Motors extends losses on chip woes, weak exports
India's Tata Motors announced a seventh consecutive quarter of losses Wednesday as chip shortages and weak demand in export markets hurt sales.
Nov 9, 2022
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3
Business
Opinion: Chips Act won't work without every part of the chip
The U.S. was awakened by the pandemic to the gaping holes in its supply chains for crucial medical supplies and electronics. One of the most significant was semiconductors, the pieces of silicon that hold millions of tiny ...
Oct 31, 2022
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7
Business
Huawei revenue down 2.2% in first three quarters of 2022
Revenue at Chinese telecom giant Huawei fell by 2.2 percent year on year in the first three quarters of 2022, company data showed Thursday, as COVID-19 and US sanctions dragged down sales.
Oct 27, 2022
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