Category: Automotive

Tesla Says It’s Updating Self-Driving Cars to No Longer Break the Law

Tesla has agreed to update the software on almost 54,000 of its cars because a recent “Full Self-Driving” software update allowed them to break road rules and roll through stop signs without coming to a full stop. It’s the latest sign that regulators are becoming increasingly fed up of the Elon Musk-led company’s efforts to… Continue reading Tesla Says It’s Updating Self-Driving Cars to No Longer Break the Law

Mazda informa sus resultados de ventas de enero January 2022

IRVINE, California, 1 de febrero de 2022 /PRNewswire-HISPANIC PR WIRE/ — Mazda North American Operations (MNAO) informó hoy que sus ventas totales en enero fueron de 21,079 vehículos, una disminución del 16.5 % en comparación con enero de 2021. Con 24 días de ventas en enero, en comparación con la misma cantidad de días del año anterior, la compañía… Continue reading Mazda informa sus resultados de ventas de enero January 2022

GM’s Chevy Silverado EV already has 110,000 reservations

General Motors said it has secured more than 110,000 reservations for its new all-electric Chevrolet Silverado, which includes reservations from more than 240 fleet operators, Chair and CEO Mary Barra said in the company’s full-year and fourth quarter earnings letter to shareholders. The fresh reservations details on Chevy Silverado EV comes just a few weeks… Continue reading GM’s Chevy Silverado EV already has 110,000 reservations

GM issues firm warning to dealers tempted to overcharge on hot new vehicles

In a straight-talking memo to dealers, General Motors warns: Tack on a hefty surcharge to one of its new launch vehicles and GM will be “forced to take action.”  On Monday, GM confirmed the correspondence it sent to dealers on Jan. 18, telling the Free Press if any customer has a problem with a GM dealer, they are encouraged to contact their respective brands’ customer assistance… Continue reading GM issues firm warning to dealers tempted to overcharge on hot new vehicles

@GM: GM Reports 2021 Full-Year and Fourth-Quarter Results, Including Record Earnings February 1, 2022

DETROIT – General Motors Co. (NYSE: GM) today reported 2021 full-year earnings that include net income of $10 billion, EBIT-adjusted of $14.3 billion, net income margin of 7.9%, EBIT-adjusted margin of 11.3%, EPS-diluted of $6.70 and EPS-diluted-adjusted of $7.07. GM’s full-year net income, EBIT-adjusted, EBIT-adjusted margin and EPS measures are all records. GM’s fourth-quarter results… Continue reading @GM: GM Reports 2021 Full-Year and Fourth-Quarter Results, Including Record Earnings February 1, 2022

Cruise, loaded with another $1.35B from SoftBank, opens up driverless ride-hailing to the public

Cruise is opening up its driverless robotaxi service to the public in San Francisco as the GM subsidiary creeps toward commercialization with a fresh $1.35 billion investment from SoftBank Vision Fund. SoftBank had previously committed to investing an additional $1.35 billion, on top of its initial $900 million investment, once Cruise was ready for commercial… Continue reading Cruise, loaded with another $1.35B from SoftBank, opens up driverless ride-hailing to the public

Tesla is hit by ‘safety recall’ of all Full Self-Driving Beta cars over ‘rolling stop’ feature, will have to roll it back

Tesla has been hit by a safety recall from the National Highway Traffic Safety Administration (NHTSA)  on all vehicles in its Full Self-Driving Beta over a feature called “rolling stop” that allows vehicles to drive past stop signs. The automaker is going to have to roll back the feature in an upcoming software update. NHTSA… Continue reading Tesla is hit by ‘safety recall’ of all Full Self-Driving Beta cars over ‘rolling stop’ feature, will have to roll it back

Ford to speed EV transition by spending up to $20 billion to reorganize

Ford Motor Co. is planning a major reorganization to prepare for the electric future, using Tesla Inc.’s success as a road map and accelerating EV spending by as much $20 billion. The effort, led by a former Apple Inc. and Tesla executive, calls for Ford to spend an additional $10 billion to $20 billion over… Continue reading Ford to speed EV transition by spending up to $20 billion to reorganize