A federal jury in Michigan found Ford Motor Co. guilty of violating a contract and misuse of trade secrets, awarding Texas-based Versata Software $104.65 million on Wednesday after three weeks of trial testimony. “While we respect the jury’s decision, we believe the facts and the law do not support this outcome. Ford will appeal the… Continue reading Ford hit with $105M verdict over trade secrets
Category: US Motoring Press
Don’t expect drastic price cuts for new, used vehicles anytime soon
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Rishi Sunak, New UK Prime Minister, Delays Economic Plan
Mr. Sunak’s government, seeking more time to make the “right decisions,” will deliver its first economic plan on Nov. 17 instead of Monday. Go to Source
How a Quebec Lithium Mine May Help Make Electric Cars Affordable
The project also illustrates how difficult it is to get lithium out of the ground and break China’s dominance in processing the metal and turning it into batteries. Go to Source
Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O.
The public offering values the luxury sports car maker at up to $75 billion. Go to Source
As Driverless Cars Falter, Are ‘Driver Assistance’ Systems in Closer Reach?
With investigations and lawsuits over accidents adding skepticism toward fully driverless technology, car companies are betting on systems that take some, but not all, control. Go to Source
At Detroit Auto Show, Biden Announces Money for Charging Stations
The president announced the first phase of a plan to invest $7.5 billion toward building a national network for recharging electric vehicles. Go to Source
How Long Is the Drive to the Edge of the Universe?
See you in a quadrillion years or so. Don’t forget to pack zillions of tons of snacks! Go to Source
Trevor Milton of Nikola Begins Trial in Fraud Case
Prosecutors say Trevor Milton, former chief executive of Nikola, lured retail investors with lies about the electric truck company’s technology. Go to Source
Mercedes and Rivian Plan to Make Vans Together in Europe
The agreement is a rare example of cooperation between a traditional carmaker and an upstart. Go to Source