Month: February 2023
Asbury spends $2.7M in Q4 pursuing ‘significant’ but unconsummated acquisition
Asbury Automotive Group Inc. spent $2.7 million during the fourth quarter on “a significant acquisition that…
Aptiv posts double-digit revenue growth, profit boost in Q4
Automotive tech supplier Aptiv reported double-digit revenue growth and a surge in net income for…
Ford posts full-year net loss, ugly fourth quarter as ‘execution issues’ plague operations
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley takes…
Elon Musk teases expendable version of SpaceX’s reusable Starship rocket
By Eric Ralph Posted on February 1, 2023 SpaceX CEO Elon Musk says that the…
Ferrari patents system that uses gas thrusters to boost performance
Shortly after Tesla revealed its second-generation Roadster in 2017, CEO Elon Musk teased that the…
Renault, Nissan directors to approve alliance deal with hours to spare
Renault and Nissan’s boards are set to approve a landmark deal to reshape their troubled…
Schumacher lined up as McLaren F1 reserve
4:59 PM ET Michael Schumacher’s son Mick could be driving a McLaren this season should…
Fed opts for small rate hike, still expects to deliver ‘ongoing increases’
WASHINGTON — The Federal Reserve raised its target interest rate by a quarter of a…
Honda slashes fuel cell costs, will launch hydrogen powered CR-V next year
TOKYO – Honda will use a new hydrogen fuel cell system jointly developed with General…
Rivian to lay off 6% of its workforce as EV price war concerns grow
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Workers inspect a Rivian R1T…
XPeng opens orders for G9 SUV and updated P7 sedan to these four countries in Europe
Chinese EV automaker XPeng Motors officially launched two new models in Europe today – the…
Investors go back to basics with simpler self-driving vehicles
COVENTRY, England — Developing fully autonomous vehicles that can go everywhere has proven harder and…
Conor Daly open to last-minute Daytona 500 ride
6:09 PM ET Associated Press IndyCar driver Conor Daly would accept a last-minute Daytona 500…
Pipe-Wielding Tesla Driver Accused Of Serial Road Rage Attacks Arrested In SoCal
Pipe-Wielding Tesla Driver Accused Of Serial Road Rage Attacks Arrested In SoCal | Carscoops The…
Tesla ignites an EV price war, suppliers brace for givebacks
SAN FRANCISCO – Tesla Inc. suppliers are bracing for pressure from Chief Executive Elon Musk…
Daimler Truck unveils advanced Freightliner SuperTruck II
LAS VEGAS—Daimler Truck North America unveiled its SuperTruck II Wednesday, showing off an efficient diesel…
Saudi Aramco backs Brooklyn-based startup turning ammonia into fuel
In the race to find cleaner fuels, the heavy duty transportation sector is woefully behind…