ŠKODA AUTO DELIVERS SOLID Q3 RESULTS AND STABLE MARGIN ON SALES IN CHALLENGING ENVIRONMENT
ŠKODA AUTO achieved a stable return on sales of 5.6% and an operating profit of €856 million (-4.9% year-on-year) in the first three quarters of 2022 despite a challenging market environment. This proves that the measures introduced under the consistently pursued efficiency program are paying off. With a high order backlog and a sharp increase in deliveries in India's...
2023 Ford F-150 Raptor R Brings V-8 Fury
The day began with weather that frightened Gordon Lightfoot when strong November winds kicked in early in Silver Lake Dunes, Michigan. The rain eventually stopped, but the towering dunes were completely flooded and had very little traction. A rental Buick I don't think he's much for those riding Encore, but it's good enough for climbing the steepest dunes, but...
‘Major Revaluation’ Will Force Dealers to Rethink Hiring
Chicago — Not a “big resignation.”The challenges in today's U.S. labor market can be better understood as a "massive reassessment," said Adam Robinson, CEO of Hireology, a recruitment technology company that works with car dealerships.There is a broad rethinking of "what it means to have an employment relationship," Robinson said Wednesday at Hireology's Elevate conference here. The concept of...
Microchip shortage: further car production cuts in 2023
Even three months ago, executives at automakers and suppliers said in media interviews and financial disclosures that some were optimistic that the crisis would ease in 2023 and that it would continue, Amsrud said. It was almost evenly divided between thinkers and thinkers. Today, many more are in the pessimistic camp. "What we don't know at the moment is whether...
General Motors temporarily suspends paid advertising on Twitter after Elon Musk acquisition
San Francisco, October 29: General Motors has temporarily suspended paid advertising on Twitter as it wants to understand what direction its microblogging platform will take under Elon Musk.It's not yet known what percentage of...
Chase’s Brooks Talks Success at 2022 Women in Auto Finance Luncheon
Las Vegas - chase auto's mentorship and training program for female employees has grown to nearly 250 members a year after its launch, demonstrating the need for companies to expand their development opportunities. chase autosaid...
‘Very hard to nail’ pole lap on low-grip Mexican F1 track
Verstappen dragged mercedes driver Lewis Hamilton In qualifying at the low-gripped Autodromo Hermanos Rodriguez track, he qualified in both Q1 and Q2, but sealed the pole with the fastest time on death in Q3 after leading from off in the final segment. it made him clear George Russell Hamilton won 0.304 and...
GM temporarily suspends advertising on Twitter after Musk acquisition
Detroit — general motors It will suspend advertising on Twitter after Elon Musk hijacked the social media platform, the company told CNBC on Friday.Detroit automaker rivals Musk's electric car maker Teslasaid it was "pausing" ads to evaluate Twitter's new direction. GM will continue to use the platform to interact with customers, but added that it will...
2024 Chevy Trax loses AWD option
Chevrolet finally replaces the outdated and uncompetitive Trax with a completely redesigned model for 2024. The subcompact SUV turns into a bigger, better-looking vehicle for the new year, but more importantly, it's more affordable than its predecessor. When his 2024 Chevrolet Trax goes on...
Win $1,400 gear from Blundstone, Arlo Skye, Jacob Bromwell and Work Sharp
Autumn is a big transition, so refresh your wardrobe, upgrade your travel gear, and start getting ready for cold-weather adventures. This year, we teamed up with friends at Arlo Skye, Blundstone, Jacob Bromwell, and Work Sharp to create a pack of adventure-ready premium his gear worth over $1,400. From quality boots and outdoor gear to drinkware and carry-on...
