A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco. Heather Somerville | Reuters The company Cruise is pushing back against an accusation from the San Francisco Fire Department, which claims that one of the company’s autonomous vehicles delayed an ambulance after a deadly accident. … Continue reading Cruise disputes claim that its autonomous vehicle delayed first responders
Author: CNBC Online news
Why auto worker strikes against GM, Ford and Stellantis seem inevitable
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT – United Auto Workers President Shawn Fain appears ready to fire up the picket lines. The union’s bulldog new leader has repeatedly vowed to drive a hard bargain… Continue reading Why auto worker strikes against GM, Ford and Stellantis seem inevitable
BMW unveils Vision Neue Klasse concept car as it touts the dawn of a new EV era
watch now German automaker BMW on Saturday launched a hotly anticipated electric concept car, saying the so-called “Vision Neue Klasse” represents the dawn of a new era for the company. BMW’s latest design showcases a platform that will underpin the brand’s next generation of electric vehicles. The first electric vehicles based on the Neue Klasse —… Continue reading BMW unveils Vision Neue Klasse concept car as it touts the dawn of a new EV era
Tesla shares close down 5% after price cuts, Model 3 refresh
A Tesla Model 3 vehicle on an auto carrier in front of a store in Rocklin, California, U.S., on Wednesday, July 21, 2021. Tesla Inc. is scheduled to release earnings figures on July 26. David Paul Morris | Bloomberg | Getty Images Tesla shares dropped 5% on Friday after the electric car company cut prices… Continue reading Tesla shares close down 5% after price cuts, Model 3 refresh
Biden kept a Ford EV battery plant from going overseas. But not everyone is happy about it.
watch now MARSHALL, MICH. – On a gusty morning in a quaint central Michigan town, the sun’s glow hits the brightly colored mural on the side of a brick building. It reads, in bold letters, “GREETINGS FROM MARSHALL.” The sidewalk is lined with attractive shops like Living MI, where owner Caryn Drenth arranges a stack… Continue reading Biden kept a Ford EV battery plant from going overseas. But not everyone is happy about it.
UAW president says union has filed unfair labor practice charges against GM, Stellantis over contract talks
UAW President Shawn Fain addresses union members during a Solidarity Sunday rally in Warren, Michigan, Aug. 20, 2023 Michael Wayland / CNBC DETROIT — United Auto Workers has filed unfair labor practice charges against automakers General Motors and Stellantis to the National Labor Relations Board for not bargaining with the union in good faith or… Continue reading UAW president says union has filed unfair labor practice charges against GM, Stellantis over contract talks
Tesla reportedly facing DOJ, SEC probes over plans to build Elon Musk a large glass house
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, looks on as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. Gonzalo Fuentes | Reuters Tesla is reportedly facing two new federal probes over possible misuse… Continue reading Tesla reportedly facing DOJ, SEC probes over plans to build Elon Musk a large glass house
How Kia pulled off a massive turnaround in the U.S.
Korean carmaker Kia is something of a Cinderella story. When the automaker arrived in the U.S. in 1994, its cars were poorly reviewed, and it was seen mostly as a low-cost value brand. Now, Kia is winning awards and commanding higher markups than its peers. U.S. sales have gone from about 12,000 units in 1994… Continue reading How Kia pulled off a massive turnaround in the U.S.
Polestar second-quarter loss widens as it ramps up EV deliveries
The Polestar 3 SUV, originally expected late this year, has been pushed into early 2024 because of delays with its Volvo-developed software. Courtesy: Polestar Swedish electric vehicle maker Polestar on Thursday reiterated that it still expects to deliver at least 60,000 EVs in 2023, with a positive gross margin – and confirmed that its next… Continue reading Polestar second-quarter loss widens as it ramps up EV deliveries
Tesla ordered by auto regulators to provide data on ‘Elon mode’ Autopilot configuration
Tesla has received a special order from federal automotive safety regulators requiring the company to provide extensive data about its driver assistance and driver monitoring systems, and a once secret configuration for these known as “Elon mode.” Typically, when a Tesla driver uses the company’s driver assistance systems — which are marketed as Autopilot, Full… Continue reading Tesla ordered by auto regulators to provide data on ‘Elon mode’ Autopilot configuration