Tesla Chief Designer Franz von Holzhausen gave a rare update on the often delayed Tesla Roadster. The designer says that Tesla is still “feverishly” working on the electric hypercar that will be an “exciting flying machine.” The new generation of the Roadster has been one of the most delayed programs at Tesla. When first unveiling the… Continue reading Tesla is ‘feverishly’ working on new Roadster that will be an ‘exciting flying machine,’ says chief designer
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Uber posts quarterly profit on strong delivery, recovering ride demand
Uber Technologies Inc on Wednesday reported its second quarterly operating profit as demand for its ride-hailing service approached pre-pandemic levels and its food delivery business turned profitable for the first time. The company’s first-quarter outlook fell short of Wall Street expectations as the Omicron coronavirus variant dampens travel, but Uber Chief Executive Dara Khosrowshahi said business had started… Continue reading Uber posts quarterly profit on strong delivery, recovering ride demand
Tesla Accused of Cutting Corner That Makes Level 3 Self-Driving Impossible
Another bump in the road for Elon’s full self-driving promise. Supply Chain Headache Well, this is a bad look. A CNBC report found that Tesla cut corners to deal with the rampant supply chain issues caused by the pandemic — putting yet another hurdle in the way to level three full-self driving cars. The Elon… Continue reading Tesla Accused of Cutting Corner That Makes Level 3 Self-Driving Impossible
@Honda: Consolidated Financial Summary for Fiscal Nine Months Ended December 31, 2021 and Forecasts for Fiscal Year Ending March 31, 2022
Sales revenue: 1,602.0 billion yen (a year-on-year increase of 343.9 billion yen)Increase due primarily to a sales increase in Brazil. Operating profit: 232.3 billion yen (a year-on-year increase of 80.0 billion yen).Increase due primarily to an increase in profit related to changes in sales revenue and model mix. Sales revenue: 6,823.6 billion yen (a year-on-year increase of 462.7… Continue reading @Honda: Consolidated Financial Summary for Fiscal Nine Months Ended December 31, 2021 and Forecasts for Fiscal Year Ending March 31, 2022
10:16 ETDana Incorporated to Announce 2021 Fourth-quarter and Full-year Financial Results, Host Conference Call and Webcast on February 23Dana Incorpo…
MAUMEE, Ohio, Feb. 9, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) will release its 2021 fourth-quarter and full-year financial results on Wednesday, Feb. 23, 2022. A press release will be issued at approximately 7 a.m. EST, followed by a conference call and webcast at 9 a.m. EST. Members of the company’s senior management team will… Continue reading 10:16 ETDana Incorporated to Announce 2021 Fourth-quarter and Full-year Financial Results, Host Conference Call and Webcast on February 23Dana Incorpo…
Valeo strengthens its leadership in the very fast-growing electrification market. Agreement signed for Valeo to hold 100% of…
Valeo Group | 9 Feb, 2022 | 5 min Integration of Valeo Siemens eAutomotive within Valeo’s “Powertrain Systems” Business Group, after July 1, 2022 The new combined entity, the “Valeo Powertrain Systems” Business Group will aim for: Annual growth of more than 12% over the 2021-2025 period Objective of 120 million euros in annual synergies,… Continue reading Valeo strengthens its leadership in the very fast-growing electrification market. Agreement signed for Valeo to hold 100% of…
GM cancels shift at one car plant, works to keep another going amid bridge protest
General Motors has canceled a shift at one Michigan factory and has been rerouting trucks to keep another plant running as truckers continued to restrict travel across the Ambassador Bridge. Wednesday marked the third day of the protest at the border crossing by truckers who object to pandemic vaccine mandates in Canada. The blockade is shutting down traffic on the international… Continue reading GM cancels shift at one car plant, works to keep another going amid bridge protest
Former GM executive resigns from EV startup amid investigation
A former General Motors executive is out and a onetime Ford Motor Co. leader is in — after a management shake-up at a Troy-based electric vehicle startup. Electric Last Mile Solution (ELMS), which makes battery-powered delivery vehicles, said its top two executives resigned Feb. 1 after an investigation into their share purchases. Jim Taylor, 65, resigned as CEO of ELMS, and Jason… Continue reading Former GM executive resigns from EV startup amid investigation
The 2021 business year: Bosch increases sales and result – company exceeds forecasts
Bosch is stepping up its climate action – growth through electrification Bosch is committed to the goals of the EU’s Green Deal. Its business sectors are already implementing a broad range of measures to combat global warming: With its 400 locations worldwide, Bosch has been climate neutral since the first quarter of 2020. Between now… Continue reading The 2021 business year: Bosch increases sales and result – company exceeds forecasts
Mazda head units are getting bricked by a local NPR station in Seattle
Some Mazda drivers in and around Seattle this week discovered they could no longer change the radio station or play anything else in their cars after listening to the local NPR station KUOW (via GeekWire). The issue affected owners of various Mazda vehicles with model years ranging from 2014 to 2017 that were tuned in… Continue reading Mazda head units are getting bricked by a local NPR station in Seattle