Category: Automotive

Ascent Aerospace to Host MFG Day 2022

MACOMB, Mich., Oct. 4, 2022 /PRNewswire/ — Ascent Aerospace, a leading provider of tooling systems, factory automation and integration services, will join manufacturing companies throughout the USA in the month of October for the annual celebration of MFG Day, a nationwide initiative to encourage students to pursue a career in manufacturing. Continue Reading Ascent Aerospace… Continue reading Ascent Aerospace to Host MFG Day 2022

GM taps former Tesla, Lyft executive to join board as automaker prepares to scale EV production

General Motors announced Tuesday it’s appointing Jonathon McNeill, a former Tesla and Lyft executive, to join its board of directors. The new addition is significant as GM looks to become an all-electric brand and take on the current EV market leader Tesla. Jonathon McNeill, former Tesla executive, appointed to GM’s board A day after GM… Continue reading GM taps former Tesla, Lyft executive to join board as automaker prepares to scale EV production

Tesla announces it’s moving away from ultrasonic sensors in favor of ‘Tesla Vision’

Tesla announced today that it is moving away from using ultrasonic sensors in its suite of Autopilot sensors in favor of its camera-only “Tesla Vision” system. Last year, Tesla announced it would transition to its “Tesla Vision” Autopilot without radar and start producing vehicles without a front-facing radar. Originally, the suite of Autopilot sensors – which… Continue reading Tesla announces it’s moving away from ultrasonic sensors in favor of ‘Tesla Vision’

Tesla unveils ‘Cybertruck on Mars’ designs generated by its AI supercomputer

Tesla has unveiled “Cybertruck on Mars” designs generated by its AI as part of a demonstration of its AI software stack running on its Dojo supercomputer. Tesla’s AI Day presentation wasn’t for everyone. As CEO Elon Musk warned, it was very technical, and after the first hour, the next two hours of the presentation were… Continue reading Tesla unveils ‘Cybertruck on Mars’ designs generated by its AI supercomputer

Uber: Uber Announces Date of Third Quarter 2022 Results Conference Call

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its third quarter 2022 financial results on Tuesday, November 1, 2022 at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber’s Investor Relations website at… Continue reading Uber: Uber Announces Date of Third Quarter 2022 Results Conference Call

3 of our stocks, including Ford, are in the news. Here’s the Club’s take on the headlines

Three Club holdings — Ford (F), Disney (DIS) and Starbucks (SBUX) — were in the news Tuesday. Here’s our take on the headlines. The news: Ford announced a year-over-year sales decline of 8.9% in September. But with numbers from the final month of the third quarter in, the company’s sales on a quarterly basis rose… Continue reading 3 of our stocks, including Ford, are in the news. Here’s the Club’s take on the headlines

Ford’s sales up 16% in third quarter, despite September decline

Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor on Tuesday said its sales in the third quarter increased about 16% compared with a year earlier, despite a larger-than-expected decline in September. The Detroit automaker, which reports sales monthly, said it sold 142,644 vehicles last month,… Continue reading Ford’s sales up 16% in third quarter, despite September decline

GM adds former Lyft and Tesla executive Jon McNeill as board member

A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT – General Motors on Tuesday said it is adding Jon… Continue reading GM adds former Lyft and Tesla executive Jon McNeill as board member