GM indefinitely delays Cruise Origin autonomous vehicle

Cruise Origin Cruise DETROIT – General Motors is indefinitely delaying production of its Origin autonomous vehicle as its embattled Cruise self-driving unit attempts to relaunch operations. The Detroit automaker said Tuesday its majority-owned robotaxi unit will instead focus on using the next-generation Chevrolet Bolt for development of autonomous vehicles. Cruise has been using now-discontinued Bolts… Continue reading GM indefinitely delays Cruise Origin autonomous vehicle

GM shares sink 7% despite second-quarter beat as Wall Street fears ‘good times won’t last’

watch now DETROIT — General Motors is raising several key financial targets for 2024 after easily beating Wall Street’s earnings expectations for the second quarter, while it restructures money-losing operations such as autonomous vehicles and its China business. The Detroit automaker now expects full-year adjusted earnings before interest and taxes of between $13 billion and… Continue reading GM shares sink 7% despite second-quarter beat as Wall Street fears ‘good times won’t last’

ManaMed Activates Cultural Renaissance: Recovery Activated in More Ways Than One

DENTON, Texas, July 23, 2024 /PRNewswire/ — ManaMed LLC, a trailblazer in orthopedic medical devices, is thrilled to announce the successful completion of its culture refresh initiative, launched in January 2024. This invigorating endeavor has not only reinforced our core values of tenacity, accountability, financial responsibility, communication, customer centric, empowerment, and optimism but has also energized… Continue reading ManaMed Activates Cultural Renaissance: Recovery Activated in More Ways Than One

@VW Group: Mattia Binotto takes over a leadership position for Audi in Formula 1009032

Preparations for entering the highest class of motorsports are going full speed ahead at Audi. As part of the complete takeover of all shares in Sauber Holding AG and the associated realignment of the control structure, the management of the future Audi factory team is now being renewed. On August 1, the former F1 team… Continue reading @VW Group: Mattia Binotto takes over a leadership position for Audi in Formula 1009032

German FAZ: The car sharing offer is increasing significantly007328

After the e-scooter boom, is there now a big wave of car sharing? Anyone who looks at the apps of local providers and sees how many cars are now in the Frankfurt city area might get the same impression. The so-called free-floating fleet, as cars that are not parked at fixed stations are called in… Continue reading German FAZ: The car sharing offer is increasing significantly007328

German FAZ: The car sharing offer is increasing significantly007329

After the e-scooter boom, is there now a big wave of car sharing? Anyone who looks at the apps of local providers and sees how many cars are now in the Frankfurt city area might get the same impression. The so-called free-floating fleet, as cars that are not parked at fixed stations are called in… Continue reading German FAZ: The car sharing offer is increasing significantly007329

@Toyota: Toyota Texas Embraces A Workforce For All

Last month, Toyota Texas celebrated a new milestone in workforce inclusion of individuals with disabilities: the grand opening of the ToyotAbility Production Center (TPC). The TPC is a dedicated workspace within the plant that employs individuals with intellectual and developmental disabilities in subcomponent work. The first employee started in April 2024, and the TPC now… Continue reading @Toyota: Toyota Texas Embraces A Workforce For All

@Toyota: Toyota Research Institute and Stanford Engineering Achieve World’s First Fully Autonomous Tandem Drift Sequence

AI-Powered Research Aims to Improve Driving Safety LOS ALTOS, Calif. (July 23, 2024) — Today, Toyota Research Institute (TRI) and Stanford Engineering announced a world first in driving research: autonomously drifting two cars in tandem. [embedded content] For nearly seven years, the teams have collaborated on research to make driving safer. The experiments automate a… Continue reading @Toyota: Toyota Research Institute and Stanford Engineering Achieve World’s First Fully Autonomous Tandem Drift Sequence

Supernal y Sigma Air Mobility colaboran en el desarrollo del mercado de AAM

FARNBOROUGH, Reino Unido, 23 de julio de 2024 /PRNewswire/ — Supernal LLC, la empresa de movilidad aérea avanzada (AAM) de Hyundai Motor Group (HMG), y Sigma Air Mobility, una empresa de Luxaviation Group, anunciaron hoy un esfuerzo conjunto para identificar y desarrollar mercados específicos para futuras infraestructuras e inversiones en AAM, con el objetivo de centrarse… Continue reading Supernal y Sigma Air Mobility colaboran en el desarrollo del mercado de AAM

EV sector gets no direct benefits in the Budget, FAME III yet to be finalised

Updated On Jul 23, 2024 at 06:59 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals In various pre-Budget discussions with industry representatives, officials of the ministry of heavy industries have already indicated that subsidising e2w sales may no longer be a policy priority and instead, ebuses and etrucks may see a… Continue reading EV sector gets no direct benefits in the Budget, FAME III yet to be finalised