@Hyundai: Kia announces February 2023 global sales results

February global sales at 254,027 units, up 14.7% y/y Sales in Korea recorded 50,016 units, up 26.9% y/y Sales outside of Korea recorded 203,708 units, up 12.0% y/y Kia to continue its transition to sustainable mobility solutions provider through new models, including the EV9 SUV Kia Corporation recorded total global sales of 254,027 units in… Continue reading @Hyundai: Kia announces February 2023 global sales results

Elbit Systems Awarded Two Contracts In An Aggregate Amount of $252 Million to Supply ATMOS and PULS Artillery Systems to a NATO Member Country

HAIFA, Israel, March 2, 2023 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that it was awarded two contracts with an aggregate value of $252 million to supply artillery rocket systems to a European NATO member country.  Under the first contract in an amount of $119 million, Elbit Systems… Continue reading Elbit Systems Awarded Two Contracts In An Aggregate Amount of $252 Million to Supply ATMOS and PULS Artillery Systems to a NATO Member Country

Clean Technica: 12 Reasons Why Tesla Should Offer A Low-Priced Vehicle002622

Tesla CEO Elon Musk’s recent tweets revolve around his world views to solve the Ukraine/Russia war, uncover real US border problems, critique Berkshire Hathaway, and envision life on the moon. But today was Tesla’s 2023 Investor Day. It’s always baffling to figure what’s on Elon Musk’s Most Important List, but many people were hoping to… Continue reading Clean Technica: 12 Reasons Why Tesla Should Offer A Low-Priced Vehicle002622

Ford Files Deranged Patent For Self-Driving Cars that Repossess Themselves

Fall behind on your payments, and your car could simply drive itself away. Repo Man In the future, if you ever fall behind on your payments for your ridiculously overpriced car, it may not be the repo men that come a-knocking. Instead, your set of wheels may simply drive itself back to the dealership. And… Continue reading Ford Files Deranged Patent For Self-Driving Cars that Repossess Themselves

Elon Musk lays out his vision for Tesla’s future at the company’s Investor Day 2023

There was a whole lot of talking, but precious few specifics were discussed. Tesla’s production capacities are in store for a significant growth spurt, CEO Elon Musk told the crowd assembled at the company’s Austin, Texas Gigafactory for Investor Day 2023 — and AI will apparently be the magic bullet that gets them there. It’s… Continue reading Elon Musk lays out his vision for Tesla’s future at the company’s Investor Day 2023

Driving Training Simulator Global Market Report 2022: Increasing Need for Skilled Driver and Driving Safety Precautions Bolsters Growth

DUBLIN, March 1, 2023 /PRNewswire/ — The “Driving Training Simulator Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Simulator Type, Vehicle Type and End User” report has been added to  ResearchAndMarkets.com’s offering. The driving training simulator market is expected to grow from US$ 1,950.00 million in 2021 to US$ 2,646.73 million… Continue reading Driving Training Simulator Global Market Report 2022: Increasing Need for Skilled Driver and Driving Safety Precautions Bolsters Growth

Ford Lost $2 Billion in 2022 as Some Investments Soured

Ford Motor said on Thursday that it lost $2.2 billion in 2022 as it wrote down the value of two big investments and struggled with high costs and supply chain problems. The company wrote down its investments in Rivian, a young electric truck maker, by $7.4 billion and Argo AI, a company developing autonomous vehicles,… Continue reading Ford Lost $2 Billion in 2022 as Some Investments Soured

Waymo cuts 200 employees after second round of layoffs

Alphabet’s Waymo has issued its second round of layoffs this year, the company confirmed to TechCrunch. Combined with the initial cuts in January, the self-driving technology company has let go of 8% or 209 employees of its workforce. The layoffs — mostly engineering roles — are part of a broader organizational restructure that follows a… Continue reading Waymo cuts 200 employees after second round of layoffs

Elon Musk is set to reveal ‘Master Plan Part 3’ at Tesla Investor Day after the bell

Elon Musk speaks at Tesla’s 2023 investor day on March 1. Screenshot Electric vehicle maker Tesla laid out its long-term vision at a 2023 Investor Day presentation in Austin, Texas, on Wednesday. CEO Elon Musk took the stage to share his “Master Plan 3,” and to discuss how Tesla plans to scale up in the… Continue reading Elon Musk is set to reveal ‘Master Plan Part 3’ at Tesla Investor Day after the bell

EVERDENE DEBUTS AT VIRGIN HOTELS NEW YORK CITY

NoMad’s newest luxury hotel launches immersive experiences from day to night on its sprawling 3rd floor NEW YORK, March 1, 2023 /PRNewswire/ — Virgin Hotels New York City, the newest edition from Sir Richard Branson’s luxury lifestyle hotel collection, announces the opening of Everdene – a lively epicenter of cultural activity along Broadway and 29th… Continue reading EVERDENE DEBUTS AT VIRGIN HOTELS NEW YORK CITY