GM shoves aside recession fears with robust 2023 forecast – Yahoo News Canada

By Paul Lienert and Joseph White DETROIT (Reuters) – General Motors Co shares jumped early on Tuesday after it reported higher net income for the fourth quarter, forecast stronger-than-expected earnings for 2023 and said it would cut $2 billion in costs. The automaker, the top in the United States by sales, forecast that it could… Continue reading GM shoves aside recession fears with robust 2023 forecast – Yahoo News Canada

Justice Department seeks Tesla automated driving documents

Tesla Inc. is already facing multiple investigations by the National Highway Traffic Safety Administration for problems with its two driver-assist systems, Autopilot and “Full Self-Driving.” The U.S. Justice Department has requested documents from Tesla related to its Autopilot and “Full Self-Driving” features, according to a regulatory filing. “To our knowledge no government agency in any… Continue reading Justice Department seeks Tesla automated driving documents

Green energy investment tops $1 trillion, matches fossil fuels

Investment in sectors such as renewables, nuclear, zero-emission vehicles or recycling projects totalled $1.1 trillion last year, matching spending on fossil fuels, the report found. Investment in cleaner energy is on the verge of overtaking spending on fossil fuels for the first time ever after exceeding $1 trillion last year, a report on Tuesday said.… Continue reading Green energy investment tops $1 trillion, matches fossil fuels

Twitter is killing off co-authored tweets after less than a year

So long, CoTweets. Twitter has quietly killed off a feature that allowed users to publish co-authored tweets. The company enabled CoTweets on “select” accounts last July in the US, Canada and Korea, but the feature never made it beyond the experimental stage. As of today, you’ll no longer be able to post CoTweets. “We’re sad… Continue reading Twitter is killing off co-authored tweets after less than a year

From the archive: on this day in 1954

Sorry, Formula 1 in January? Yes, from 1954 to 1958, the season began in Argentina, four months before the European tour started. The nation’s first championship grand prix was historic because it was the first outside Europe, the first under the 2.5-litre formula (after two years of F2 cars having to be used) and fantastic… Continue reading From the archive: on this day in 1954

@Ford: Ford Announces Salute To Dealers Award Winners Honoring Dealer Contributions to Their Communities

Ford Announces Salute To Dealers Award Winners Honoring Dealer Contributions to Their Communities Six dealers from around the world are being honored for their relentless dedication to the betterment of their communities in 2022 Ford and Lincoln dealers contributed to a diverse number of causes including food and housing programs for families in need, Autism… Continue reading @Ford: Ford Announces Salute To Dealers Award Winners Honoring Dealer Contributions to Their Communities

Power up your senses #LikeABosch – innovative sensing solutions at the heart of everyday life

Good morning everyone, and welcome to the Bosch press conference! After two years of virtual participation due to the pandemic, I’m so glad we can stage a live event again – and that I finally have the chance to be here in person, representing Bosch at the beating heart of the tech universe! Of course… Continue reading Power up your senses #LikeABosch – innovative sensing solutions at the heart of everyday life

GM Posts Solid Profit as It Pushes to Take On Tesla in EVs

General Motors on Tuesday reported solid profits for 2022, after overcoming the computer chip shortages and softening demand that has slowed much of the auto industry last year. The company reported $9.9 billion in net income, slightly below the total from the year before, while revenue rose 23 percent to $157 billion. It sold 3.6… Continue reading GM Posts Solid Profit as It Pushes to Take On Tesla in EVs

Tesla gets Justice Department subpoena over driver-assist systems

The U.S. Justice Department has requested documents from Tesla Inc. related to its Autopilot and “Full Self-Driving” features, according to a regulatory filing. “To our knowledge no government agency in any ongoing investigation has concluded that any wrongdoing occurred,” Tesla said in the filing Tuesday with the Securities and Exchange Commission. The Austin, Texas-based electric… Continue reading Tesla gets Justice Department subpoena over driver-assist systems

Holland America Line Guests Donate $450,000 for Aid to Ukrainians

‘On Deck for a Cause’ walks around the world raise money at sea for Direct Relief SEATTLE, Jan. 31, 2023 /PRNewswire/ — A fundraising effort by cruise line passengers that took place on the high seas around six different continents culminated today with a large donation for Ukrainian relief. Holland America Line presented a check… Continue reading Holland America Line Guests Donate $450,000 for Aid to Ukrainians