Federal prosecutors have opened an inquiry into business matters at Lordstown Motors, the embattled electric truck manufacturer that was already being investigated by securities regulators and recently turned over its top management team, according to two people briefed on the matter. It was not clear what issues the prosecutors, with the U.S. attorney’s office in… Continue reading Federal prosecutors are looking into Lordstown, the electric truck company.
Author: New York Times Online News
Crashes involving Tesla Autopilot and other driver-assistance systems get new scrutiny.
A federal safety agency told automakers on Tuesday to begin reporting and tracking crashes involving cars and trucks that use advanced driver-assistance technology such as Tesla’s Autopilot and General Motors’ Super Cruise, a sign that regulators are taking the safety implications of such systems more seriously. Automakers must report serious crashes within one day of… Continue reading Crashes involving Tesla Autopilot and other driver-assistance systems get new scrutiny.
Lordstown Motors Invites Investors and Analysts to Its Factory
Its fortunes took a turn this year when a small investment firm, Hindenburg Research, issued a report noting that almost none of the pre-orders were firm commitments to buy trucks, and some had come from small companies not currently operating truck fleets. The company has promised to start production of the Endurance in September, but… Continue reading Lordstown Motors Invites Investors and Analysts to Its Factory
They Love the Yugo, the Car Others Love to Hate
In the pantheon of cars considered irredeemable lemons — think Edsel, Aztek, Pacer — one stands above them all, or maybe below. The Yugo. Arguably no car has been more maligned than the utilitarian Yugo. It has been called “hard to view on a full stomach” and “the Mona Lisa of bad cars,” and it… Continue reading They Love the Yugo, the Car Others Love to Hate
U.S. asks Mexico to review a second complaint about labor violations in its auto industry.
The Biden administration is invoking provisions in a new trade agreement to ask Mexico to look into accusations of labor violations at an auto-parts plant near the U.S. border. The action, announced Wednesday by the Labor Department and the Office of the United States Trade Representative, follows a complaint by groups including the A.F.L.-C.I.O., the… Continue reading U.S. asks Mexico to review a second complaint about labor violations in its auto industry.
How I Spent My Pandemic Year in a Camper Van
How I Spent My Pandemic Year in a Camper Van Stephen HiltnerReporting from the road �� My bed is a small mattress that folds up and out of the way. Beside it I keep an assortment of bins and bags — for food, water, clothing, toiletries. The key is simplicity: I carry as little as… Continue reading How I Spent My Pandemic Year in a Camper Van
The Faces of Mothers Who Bore the Burden of the Pandemic
Times Insider explains who we are and what we do, and delivers behind-the-scenes insights into how our journalism comes together. As a freelance photographer, I was contacted by The New York Times in February to create a series of portraits of 15 mothers in Los Angeles who had been forced out of their jobs because… Continue reading The Faces of Mothers Who Bore the Burden of the Pandemic
Crackdown on Emissions ‘Defeat Devices’ Has Amateur Racers Up in Arms
SEMA frames the federal position as a frightening recipe for overreach, in which the E.P.A. doesn’t allow any street car to become a racecar. That would end amateur racing, and in turn all racing, because there would be no path for developing new pro racers. “It would be like trying to sustain Major League Baseball… Continue reading Crackdown on Emissions ‘Defeat Devices’ Has Amateur Racers Up in Arms
Tesla stops accepting Bitcoin as payment for its cars.
Three months after Tesla said it would begin accepting the cryptocurrency Bitcoin as payment, the electric carmaker has abruptly reversed course. In a message posted to Twitter on Wednesday, Elon Musk, Tesla’s chief executive, said Tesla had suspended accepting Bitcoin because of concern about the energy consumed by computers crunching the calculations that underpin the… Continue reading Tesla stops accepting Bitcoin as payment for its cars.
Semiconductor Makers and Users Form a Group to Push for Chip Funding
Semiconductor companies and big businesses that use chips have formed a coalition to push for tens of billions of dollars in federal funding for semiconductor research and manufacturing in the United States. The new group, the Semiconductors in America Coalition, announced its formation on Tuesday amid a global semiconductor shortage that has caused disruptions throughout… Continue reading Semiconductor Makers and Users Form a Group to Push for Chip Funding