Category: Automotive

Fitch upgrades Stellantis credit rating after record first-half results

Fitch Ratings this week upgraded Jeep maker Stellantis NV’s credit rating, expecting the company will be able to maintain a strong financial profile following record first-half results. Fitch boosted Stellantis to “BBB” from “BBB-.” That’s still “lower medium grade” investment worthy, but signals some confidence in the new company’s ability to weather impacts of the… Continue reading Fitch upgrades Stellantis credit rating after record first-half results

Electric vehicle charging circuit coming to Lake Michigan shoreline route

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Electric vehicle charging circuit coming to Lake Michigan shoreline route

NHTSA probes Tesla crashes that killed 2 motorcyclists

Detroit — Two crashes involving Teslas apparently running on Autopilot are drawing scrutiny from federal regulators and point to a potential new hazard on U.S. freeways: The partially automated vehicles may not stop for motorcycles. The National Highway Traffic Safety Administration sent investigation teams to two crashes last month in which Teslas collided with motorcycles… Continue reading NHTSA probes Tesla crashes that killed 2 motorcyclists

Porsche courts Gulf sovereign funds for landmark IPO

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Tesla investors approve stock split; Musk to add factories

Detroit — Tesla shareholders on Thursday approved a three-for-one stock split, a move that will make the company’s shares more accessible to smaller investors. Preliminary results of the shareholder vote were announced at the electric car and solar panel maker’s annual meeting at its new factory in Austin, Texas. CEO Elon Musk also discussed at… Continue reading Tesla investors approve stock split; Musk to add factories

VIRTUOSO® LAUNCHES ITS FIRST-EVER TRAVEL TECH SUMMIT, BRINGING TOGETHER BIG TECH, VENTURE CAPITALISTS AND START-UPS

NEW YORK, Aug. 5, 2022 /PRNewswire/ — Virtuoso®, the leading global network specializing in luxury and experiential travel, is hosting its first-ever Travel Tech Summit, taking place August 14th at ARIA Resort & Casino from 10:00am to 1:00 pm, during its Virtuoso Travel Week event. The summit will consist of three distinct components: a Big Ideas… Continue reading VIRTUOSO® LAUNCHES ITS FIRST-EVER TRAVEL TECH SUMMIT, BRINGING TOGETHER BIG TECH, VENTURE CAPITALISTS AND START-UPS