In the dialogue with representatives of the auto industry, EU Commission President Ursula von der Leyen (66) announced an action plan to support European carmakers. In view of the crisis on the European market, the Leyen declared the car industry as a chief inner matter and invited various industry representatives to talks in Brussels on… Continue reading German Manager Magazin: EU: Ursula from the Leyen Plant Action Plan for Auto -Banche003927
Tag: GM
Ford confirms return to top class at Le Mans 2027
Ford will return to the top echelon of endurance racing in 2027 with a view to winning the fabled 24 Hours of Le Mans for the first time since 1969. Confirming Autocar’s previous report, Ford said it would develop a hypercar to enter the World Endurance Championship (WEC) in two years’ time. This marks a… Continue reading Ford confirms return to top class at Le Mans 2027
In-Car Wi-Fi Market to grow by USD 1.79 Trillion from 2025-2029, wide range of data plans for in-car Wi-Fi to suit individual needs boost the market, Report with the AI impact on market trends – Technavio
NEW YORK, Jan. 30, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global in-car wi-fi market size is estimated to grow by USD 1.79 trillion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 96.4% during the forecast period. Wide range of data plans for… Continue reading In-Car Wi-Fi Market to grow by USD 1.79 Trillion from 2025-2029, wide range of data plans for in-car Wi-Fi to suit individual needs boost the market, Report with the AI impact on market trends – Technavio
Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
Tesla on Wednesday reported a sharp drop in profit for 2024 as rivals in China, Europe and the United States chipped away at its lead in the market for electric cars. The company, which is led by Elon Musk, said it made a profit of $2.3 billion during the last three months of 2024. That… Continue reading Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
Boom goes supersonic and Elon promises a self-driving service by summer
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! In case you missed it, Tesla CEO Elon Musk said the company would launch a paid ride-hailing service with a fleet of driverless vehicles in Austin in… Continue reading Boom goes supersonic and Elon promises a self-driving service by summer
GM says its EVs are now “profit positive”
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The Inner Circle acknowledges Willette Murphy Klausner as a Top Pinnacle Professional
LOS ANGELES, Jan. 30, 2025 /PRNewswire/ — Willette Murphy Klausner shines brightly in The Inner Circle, celebrated as a Top Pinnacle Professional for her groundbreaking contributions as a Trailblazer in Theater and Film Production. Continue Reading Willette Murphy Klausner Ms. Klausner, a visionary leader in theater and film, has left an indelible mark on the entertainment… Continue reading The Inner Circle acknowledges Willette Murphy Klausner as a Top Pinnacle Professional
Finout Raises $40M in Series C Funding
Finout, a Tel Aviv, Israel-based FinOps-for-enterprise platform, raised $40M in Series C funding. The round was led by Insight Partners, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments. The company intends to use the funds to expand operations and its development efforts. Led by CEO Roi Ravhon, Finout develops a cloud cost… Continue reading Finout Raises $40M in Series C Funding
Why GM stock has gotten hit hard on earnings
General Motors’ (GM) hot stock has sprung a leak after its latest earnings report on Tuesday. Shares of the auto giant fell as much as 11% on Tuesday and closed down 9%. It marked the worst day for the stock since March 2020. The stock shed another 1% through midday trading on Wednesday. The stock… Continue reading Why GM stock has gotten hit hard on earnings
UVeye Raises $191M in Funding
UVeye, a Teaneck, NJ-based AI-driven vehicle inspection technology company, raised $191M in funding. The round, which brought the total amount to $380.5M, was led by Woven Capital with participation from UMC Capital and MyBerg along with existing investors W.R. Berkley, Menora Mivtachim, and More Investment House for $41M in equity financing; Trinity Capital structured the $150M debt facility. The company intends to use the funds to expand globally, increase large-scale… Continue reading UVeye Raises $191M in Funding