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STMicro sees Q1 sales well below estimates as auto chip demand softens – ET Auto

Baua Electric

“In Q4, our customer order bookings decreased compared to Q3. We continued to see stable end-demand in Automotive, no significant increase in Personal Electronics, and further deterioration in Industrial,” CEO Jean-Marc Chery said. The company posted fourth-quarter net revenue of USD 4.28 billion in an LSEG poll.

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2023 Detroit Auto Show Recap – Where Have All the Cars Gone?

The Truth About Cars

The press day at the 2023 Detroit Auto Show was so quiet that I ended my day two states away – sleeping in my own bed in Chicago. My initial hotel reservation was for two nights, but as early as last week I knew I’d be booking it west on I-94 after lunchtime. I believe as long as people can buy cars, they will pay to attend auto shows.

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Ola, Uber roll out subscription-based plans for auto drivers – ET Auto

Baua Electric

Over the last few weeks, Ola has rolled out the subscription model for its auto-rickshaw drivers in some top markets including Delhi-NCR, Mumbai, Bengaluru and Hyderabad, while Uber has launched the same in six cities starting with Chennai, Kochi and Visakhapatnam, a person aware of the matter said.

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Teslas are worth longer term auto loans, study finds

Teslarati

Car buyers who ultimately end up purchasing Tesla electric vehicles end up having the longest average auto term loans, a new study from LendingTree says. LendingTree surveyed over 29,000 auto loans spanning over three years to conclude that Tesla drivers are applying and receiving the longest term loans. months, Kia at 64.8

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Taxi trips from airport via apps set to become costlier – ET Auto

Baua Electric

Taxi rides from Bengaluru airport are set to cost more for passengers of app-based aggregators such as Ola , Uber and BluSmart , with a 30-40% expected increase in per ride pickup fee levied by these platforms when users book taxis from the airport, said people familiar with the development.

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Zepto in talks for USD 300 mn raise at USD 2.5-3 bn valuation – ET Auto

Baua Electric

The new fundraise plan and contours will be discussed in a board meeting later this month,” a person aware of the matter said. The company seems to have gained more share in some of the top cities in the country, driving the majority of growth in quick commerce,” another person aware of the dynamics said.

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Cybertruck sales in May boosted Tesla’s 2024 ATPs by more than 10%

Baua Electric

month-over-month to $57,369 in May, reports Kelley Blue Book. Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. ad* FTC: We use income earning auto affiliate links. Electric vehicle prices were higher year-over-year by 1.5%.

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