Hertz appoints Gil West as CEO, effective this April

Hertz, an American car rental company, has announced the appointment of Gil West as CEO, effective 1 April, 2024.  West, the former COO of Delta Airlines and GM’s Cruise unit, will succeed Stephen Scherr, who has decided to step down as CEO and member of the Board of Directors, on March 31, 2024.  “Gil’s success… Continue reading Hertz appoints Gil West as CEO, effective this April

US to finalize revised EV mileage rating rule in win for automakers, sources say

Under the initial EPA proposal covering 2027-2032, automakers were expected to aim for EVs to constitute 60% of their new vehicle production by 2030 and 67% by 2032 to meet stricter emissions requirements. The U.S. Energy Department (DOE) on Tuesday will unveil final rules that will significantly soften its proposal that would have slashed electric… Continue reading US to finalize revised EV mileage rating rule in win for automakers, sources say

Payfare Announces Update to Timing of its Fourth Quarter and Full Year 2023 Results Release and Earnings Conference Call

Payfare reaffirms fourth quarter 2023 revenue and Adjusted EBITDA1 guidance of $50 million and $7 million, respectively  TORONTO, March 18, 2024 /PRNewswire/ – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY) (OTCQX: PYFRF), a leading fintech powering instant payout and digital banking solutions for workforces, today announced an update to the timing of its fourth quarter… Continue reading Payfare Announces Update to Timing of its Fourth Quarter and Full Year 2023 Results Release and Earnings Conference Call

@FCA: Stellantis Signals Its Continued Confidence in Archer by Further Increasing Its Strategic Shareholding in the Company

Stellantis completes a series of open market purchases of ~8.3 million shares  March 18, 2024 , Amsterdam and Santa Clara, California –  Stellantis N.V. and Archer Aviation Inc. (NYSE: ACHR) today announced that Stellantis recently completed a series of open market purchases of ~8.3 million shares of Archer’s stock signaling Stellantis’ continued confidence in Archer’s plans… Continue reading @FCA: Stellantis Signals Its Continued Confidence in Archer by Further Increasing Its Strategic Shareholding in the Company

@niche: THE GRIND.003241

Editor’s Note: In this week’s Rant, Peter takes us inside “The Grind” and what it’s really like for top-level executives and their crushing schedules. In On The Table, the Petersen Automotive Museum comes up with another compelling exhibit, and we revisit some Cadillac news, with a particularly interesting video on the new Cadillac Celestiq. And we take another look at… Continue reading @niche: THE GRIND.003241

@Groupe PSA: OP The last witness from rocket days000634

The two-seater is an impressive 101 years old – and 100 percent roadworthy. Well maintained anyway. If you want to get ahead with it as a driver in the 21st century, you have to scale back your comfort standards a little. Wilfried Senger pulls the choke while his son Ansgar operates the hand crank. The… Continue reading @Groupe PSA: OP The last witness from rocket days000634

Cleantechnica: I’m Going To Chill Out On The Cybertruck, Because A Lot Has Changed Since 2019003295

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! If you know me, you know that I’m probably one of the Cybertruck’s biggest critics. I’m not a hater, or the kind of person who thinks that the government should ban the truck, but I made my case back… Continue reading Cleantechnica: I’m Going To Chill Out On The Cybertruck, Because A Lot Has Changed Since 2019003295

German Manager Magazine: Hertz: Car rental company replaces boss after electric car offensive goes wrong003178

The US car rental company Hertz is giving up after a failed bet on the future Electric vehicles a change of boss. Gil West, who until recently was responsible for operational business at the robotaxi company Cruise, is set to take over the management of the company on April 1st. Hertz announced on Friday that… Continue reading German Manager Magazine: Hertz: Car rental company replaces boss after electric car offensive goes wrong003178

This powerful Android tablet doubles as a car mechanic. Here’s how it works

Topdon Phoenix Lite 2  Adrian Kingsley-Hughes/ZDNET ZDNET’s key takeaways The Topdon Phoenix Lite 2 is available from Amazon for $830. It’s a powerful automotive diagnostic platform with lots of high-end features, and the ability to do work that would otherwise require a mechanic. The device is rather expensive, and comes with a significant learning curve. Seeing… Continue reading This powerful Android tablet doubles as a car mechanic. Here’s how it works