watch now New cars today are loaded with high-tech features for car shoppers, from their own operating systems to navigation and remote unlock. But with those advancements come questions about driver privacy, said Ivan Drury, the director of insights at Edmunds, a car site. “As much advancement as we have when it comes to new… Continue reading As new vehicles become more like computers, what car shoppers need to know about protecting their data
Author: CNBC Online news
Tesla’s awful quarter has Wall Street on edge ahead of delivery numbers
A Tesla car is driven past a store of the electric vehicle (EV) maker in Beijing, China January 4, 2024. Florence Lo | Reuters It was a brutal first quarter for Tesla investors. Shares of the electric vehicle maker plunged 29% in the first three months of the year, the worst quarter for the stock… Continue reading Tesla’s awful quarter has Wall Street on edge ahead of delivery numbers
Toyota could introduce electric, plug-in Tacoma and Tundra pickups
2024 Toyota Tacoma Trailhunter Toyota NEW YORK — Toyota Motor is evaluating an expansion of its U.S. truck lineup that could include all-electric or plug-in hybrid electric versions of its Tacoma and Tundra pickups. Jack Hollis, executive vice president of Toyota Motor North America, said the Japanese automaker is assessing its options to determine what… Continue reading Toyota could introduce electric, plug-in Tacoma and Tundra pickups
Xiaomi releases electric car $4K cheaper than Tesla’s Model 3 as price wars heat up
Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date. CNBC | Evelyn Cheng BEIJING — Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla’s Model 3, as price wars heat up in… Continue reading Xiaomi releases electric car $4K cheaper than Tesla’s Model 3 as price wars heat up
Yellen warns China’s surplus of solar panels, EVs could be dumped on global markets
U.S. Treasury Secretary Janet Yellen testifies during a hearing before the Financial Services and General Government Subcommittee of the House Appropriations Committee at Rayburn House Office Building on Capitol Hill on March 21, 2024 in Washington, DC. Alex Wong | Getty Images Treasury Secretary Janet Yellen on Wednesday warned that China is treating the global… Continue reading Yellen warns China’s surplus of solar panels, EVs could be dumped on global markets
Hyundai considering hybrid vehicle production at $7.6 billion Georgia EV plant
Hyundai CEO Jae Hoon Chang (left) and José Muñoz, Hyundai president and global chief operating officer, attend the 2024 New York International Auto Show Michael Wayland | CNBC NEW YORK – Hyundai Motor is reevaluating its plans to exclusively produce all-electric vehicles at a new plant under construction in Georgia, an executive told CNBC on… Continue reading Hyundai considering hybrid vehicle production at $7.6 billion Georgia EV plant
‘Too early to judge’: Global carmakers contend with closure at busiest U.S. auto port
The remains of the Francis Scott Key Bridge on March 26, 2024 in Baltimore. Michael A. McCoy | The Washington Post | Getty Images The Baltimore bridge collapse has prompted carmakers to assess operations after the closure of the busiest U.S. auto port. Many do not expect major disruptions so far. In a dramatic scene,… Continue reading ‘Too early to judge’: Global carmakers contend with closure at busiest U.S. auto port
Ford sees opportunity for Mustang as competitors abandon V8 engines
2024 Ford Mustang Source: Ford DETROIT — Ford Motor sees opportunity to grow Mustang sales as it becomes the last American muscle car with a traditional V8 engine, playing to generations of gearheads who’ve been drawn to the performance vehicles. The optimism comes after Mustang’s closest American competitors ended production of their muscle cars in… Continue reading Ford sees opportunity for Mustang as competitors abandon V8 engines
Ford falls, Amazon advances pharmacy pursuits and Disney board member speaks – our takes the news
Ford CEO Jim Farley poses for a photo before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, China-based Contemporary Amperex Technology, to create an electric vehicle battery plant in Marshall, Michigan, on Feb. 13, 2023, in Romulus, Michigan. Bill Pugliano | Getty Images Go to… Continue reading Ford falls, Amazon advances pharmacy pursuits and Disney board member speaks – our takes the news
Hyundai’s Genesis reveals all-electric SUV concept, the Neolun
Genesis Neolun Concept Genesis NEW YORK – Hyundai’s Genesis is previewing the future of the growingly prominent luxury brand with a new large all-electric concept vehicle called the Neolun. The full-size SUV features a sleek exterior design illuminated by long horizontal headlights and taillights reminiscent of the brand’s current EVs, though more modern. The interior… Continue reading Hyundai’s Genesis reveals all-electric SUV concept, the Neolun