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May 10 (Reuters) – Alphabet Inc’s (GOOGL.O) Google on Wednesday is expected to unveil more artificial intelligence in its products to answer the latest competition from Microsoft Corp (MSFT.O), which has threatened its perch atop the nearly $300-billion search advertising market. Through an internal project code-named Magi, Google has looked to infuse its namesake engine… Continue reading Untitled

Fisker (FSR) Q1 2023 report: 55 Ocean SUVs built, two delivered, guidance drops, PEAR delayed

Fisker Inc. has released its Q1 financial report for 2023, and although there is some room for celebration as early deliveries of its flagship SUV (sort of) roll out, there is much work to be done on the production side to come close to previously announced output guidance. Today also brought a progress update of… Continue reading Fisker (FSR) Q1 2023 report: 55 Ocean SUVs built, two delivered, guidance drops, PEAR delayed

Fisker cuts production guidance for Ocean EV after last-minute snags

Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images Electric vehicle startup Fisker on Tuesday reported a wider first-quarter loss than… Continue reading Fisker cuts production guidance for Ocean EV after last-minute snags

Iveco Group and Nikola Corporation enter a new partnership phase; Iveco Group to assume ownership of JV

TURIN, Italy and PHOENIX, May 9, 2023 /PRNewswire/ — Iveco Group N.V. (MI: IVG) and Nikola Corporation (NASDAQ: NKLA) announce today that they are excited to enter a new phase of their partnership, which started in 2019 and has so far met all milestones to leverage the respective expertise to deploy zero-emission heavy-duty (Class 8)… Continue reading Iveco Group and Nikola Corporation enter a new partnership phase; Iveco Group to assume ownership of JV

Fisker opens two new customer spaces in Germany, CEO claims its first Ocean delivery

Mere days after delivering its first Ocean SUV to a lucky customer in Europe, the team at Fisker Inc. has popped up in Germany, cutting the ribbon on two new customer-dedicated facilities in the country. The new Fisker Lounge and showroom also kick off the start of Ocean SUV reservations in the country as well… Continue reading Fisker opens two new customer spaces in Germany, CEO claims its first Ocean delivery

@Fisker: Fisker Completes First German Vehicle Registration and Opens New Customer Facilities in Munich000127

LOS ANGELES & MUNICH–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, continues its phased launch of the all-electric Fisker Ocean SUV in Europe with the registration of the first Fisker Ocean in Germany and the opening of two new customer facilities in Munich.… Continue reading @Fisker: Fisker Completes First German Vehicle Registration and Opens New Customer Facilities in Munich000127

World NM: Unions call two-day strike at VDL Nedcar in dispute over job losses001856

Photo: Depositphotos Workers at car manufacturer VDL Nedcar have begun a two-day strike in a dispute over a deal for staff who face losing their jobs when the company’s contract with BMW runs out next year. Unions have called on the company to invest €240 mln in measures for workers who are laid off when… Continue reading World NM: Unions call two-day strike at VDL Nedcar in dispute over job losses001856

@niche: Magna (MGA) Q1 Earnings and Revenues Top Estimates002682

Magna (MGA) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 16.84%. A quarter ago, it was expected that this… Continue reading @niche: Magna (MGA) Q1 Earnings and Revenues Top Estimates002682

Fisker (FSR) delivers the first Ocean electric SUV model

American EV maker Fisker Inc. (NYSE: FSR) delivered its first electric Ocean SUV model to a customer at its new facility in Copenhagen, Denmark Friday. The Ocean is Fisker Inc’s first electric vehicle since revamping the brand in 2016 after Henrik Fisker’s previous startup, Fisker Automotive, went bankrupt in 2013. Fisker believes this time is… Continue reading Fisker (FSR) delivers the first Ocean electric SUV model

@Fisker: Fisker Delivers First All-Electric Fisker Ocean SUV000126

LOS ANGELES & MUNICH–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, announces that the first customer has taken delivery of the brand-new Fisker Ocean all-electric SUV. The owner received their vehicle from Fisker Chairman and CEO Henrik Fisker at the recently opened Fisker… Continue reading @Fisker: Fisker Delivers First All-Electric Fisker Ocean SUV000126