GM cuts shift at Spring Hill plant after pandemic hurts demand

The COVID-19 pandemic’s impact on market demand has led General Motors Co. to lay off the third shift at its Spring Hill, Tennessee, plant.  The layoff, which comes a week after GM initially just postponed the addition of the shift, affects 680 employees at the plant where the Cadillac XT5, XT6 and GMC Acadia SUVs are built. Transfer opportunities to… Continue reading GM cuts shift at Spring Hill plant after pandemic hurts demand

Daimler hopes to be clarified by the ECJ

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VW completes purchase of Europcar

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Separation from brand ambassador in Russia: Audi pulls the rip cord after accusation of racism

DPA Critical comments on “Black Lives Matter”: Xenia Sobtschak should no longer advertise for Audi. Audi is separating itself from its Russian brand ambassador, television presenter Xenia Sobtschak, who is best known in the West for her candidacy in the 2018 presidential election. The reason is alleged racist statements. “The incidents known to us today… Continue reading Separation from brand ambassador in Russia: Audi pulls the rip cord after accusation of racism

California seeks to classify Uber, Lyft drivers as employees via court order

FILE PHOTO: The Uber logo is displayed on a mobile phone in this picture illustration taken November 25, 2019. REUTERS/Hannah McKay/Illustration (Reuters) – California is planning to ask a state court judge to force Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O) to classify their ride-hail drivers as employees, rather than contractors, ratcheting up the… Continue reading California seeks to classify Uber, Lyft drivers as employees via court order

Latest Update Allows Tesla Model S/Model X To Supercharge At Up To 225 kW

According to the latest news, Tesla has increased the maximum Supercharging rate of Model S/Model X from 200 kW to 225 kW. The info about 225 kW comes from the 2020.24.6 software update info (via Electrek): “Supercharger Improvements Your car is now able to charge at V3 Superchargers at up to 225 kW peak rates. As… Continue reading Latest Update Allows Tesla Model S/Model X To Supercharge At Up To 225 kW

Italy approves guarantees for $7.1 billion loan to Fiat Chrysler

ROME (Reuters) – Italy has approved a decree offering state guarantees for a 6.3-billion euro ($7.1 billion) loan to Fiat Chrysler’s (FCA) (FCHA.MI) Italian unit, the Treasury said on Wednesday, paving the way for the largest crisis loan to a European carmaker. FILE PHOTO: A new Fiat 500 electric car is displayed at a Fiat… Continue reading Italy approves guarantees for $7.1 billion loan to Fiat Chrysler

Daimler and Nvidia team up to close tech gap to Tesla

FRANKFURT (Reuters) – Having pulled ahead in the race to develop a software-based vehicle operating system, U.S. electric car pioneer Tesla faces a new challenge from an alliance of German luxury carmaker Daimler and U.S. computer graphics specialist Nvidia. FILE PHOTO: The Mercedes-Benz logo is seen on a car in front of the Mercedes-Benz Museum… Continue reading Daimler and Nvidia team up to close tech gap to Tesla

The US government is investigating 63,000 Tesla Model S vehicles over possible touchscreen failures (TSLA)

The US highway safety administration is investigating some Tesla Model S vehicles that could have faulty memory chips. When the components wear out, the main media control center for the car can fail, NHTSA said.  Tesla did not respond to a request for comment about the new investigation.  There have been no accidents due to… Continue reading The US government is investigating 63,000 Tesla Model S vehicles over possible touchscreen failures (TSLA)

KIP Invests In Chinese Personalized Car Rental Service Platform JF Chuxing

Chinese personalized car rental service platform JF Chuxing has raised nearly US$10 million in pre-A round from KIP, Porsche Venture and NIO Capital. UNLOCK DATASubscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech Register Now Want to read this important story? Access thousands of news articles and data posts over… Continue reading KIP Invests In Chinese Personalized Car Rental Service Platform JF Chuxing