Today: September 21, 2024
Today: September 21, 2024

Latest From TOM KRISHER

Business

US probes whether recall of Tesla Autopilot driving system did enough to make sure drivers attention

The U.S. government’s auto safety agency is investigating whether last year’s recall of Tesla’s Autopilot driving system did enough to make sure drivers pay attention to the road

US probes whether recall of Tesla Autopilot driving system did enough to make sure drivers attention
Business

General Motors reports strong first-quarter profits as prices help offset small US sales dip

Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles

General Motors reports strong first-quarter profits as prices help offset small US sales dip
Business

GM made $10B last year despite autoworkers strike, but it's prepared for lower auto prices this year

General Motors’ net income rose 12% last year despite losing more than $1 billion when many of its plants were shut down by a six-week autoworkers’ strike

GM made $10B last year despite autoworkers strike, but it's prepared for lower auto prices this year
Business

Price cuts boost Tesla's 4Q sales, beating estimates as electric vehicle growth rate slows

Steep price cuts helped electric vehicle maker Tesla Inc. increase its fourth-quarter vehicle sales by almost 20% as EV sales growth slowed across the industry

Price cuts boost Tesla's 4Q sales, beating estimates as electric vehicle growth rate slows
Business

GM says it can handle rising labor costs as it announces huge share buyback and dividend increase

Clearly frustrated with its languishing share price, General Motors is announcing a massive stock buyback plan, raised its dividend and told investors it can absorb increased labor costs from a six-week autoworkers strike

GM says it can handle rising labor costs as it announces huge share buyback and dividend increase
Business

Enterprise CEO says rental car prices have moderated as supplies have improved but remain high

When Enterprise started to see automobile supply problems after the pandemic hit in 2020, the car and truck rental, fleet management and mobility company decided to cater to its long-term customers

Enterprise CEO says rental car prices have moderated as supplies have improved but remain high
Business

General Motors delays electric pickup truck production at plant near Detroit as US EV demand slows

General Motors will delay electric pickup truck production at a factory near Detroit due to slowing U.S. demand for electric vehicles, to better manage its capital investments, and to make some engineering changes

General Motors delays electric pickup truck production at plant near Detroit as US EV demand slows
Business|Economy

Ford posts $523 million 4Q net loss on accounting charge for pensions but beats analyst estimates

Ford says it swung to a net loss in the fourth quarter

Ford posts $523 million 4Q net loss on accounting charge for pensions but beats analyst estimates
Environment|News|Technology

Thefts of charging cables pose yet another obstacle to appeal of electric vehicles

Across the U.S., thieves have been targeting electric-vehicle charging stations, intent on stealing the cables, which contain copper wiring

Thefts of charging cables pose yet another obstacle to appeal of electric vehicles
Business|Technology

STORY REMOVED: US--Tesla-Musk Pay, 5th Ld-Writethru

Please disregard US--Tesla-Musk Pay, 5th Ld-Writethru published on Jun

STORY REMOVED: US--Tesla-Musk Pay, 5th Ld-Writethru
Business|Technology

Elon Musk sees another big advisory firm come out against his multibillion dollar pay package

A second shareholder advisory firm has come out against reinstating a pay package for Tesla CEO Elon Musk that was voided earlier this year by a Delaware judge

Elon Musk sees another big advisory firm come out against his multibillion dollar pay package
Business|Lifestyle|Technology

Average US vehicle age hits record 12.6 years as high prices force people to keep them longer

Cars, trucks and SUVs in the U.S. keep getting older

Average US vehicle age hits record 12.6 years as high prices force people to keep them longer
Business|Technology

ChargePoint CEO expects more electric vehicle stations as use and EV sales keep growing

Sales growth of electric vehicles in the U.S. has started to slow, and polls show it’s due in part to anxiety over running out of battery power and too few charging stations

ChargePoint CEO expects more electric vehicle stations as use and EV sales keep growing
Business|News|Technology

Tesla driver tells police he was using 'self-drive' system when his car hit a parked police vehicle

A Tesla apparently operating on one of the company’s automated driving systems crashed into a parked police vehicle Thursday near Los Angeles, narrowly missing an officer who was managing traffic at another crash

Tesla driver tells police he was using 'self-drive' system when his car hit a parked police vehicle
News|Technology

Nissan warns owners of older vehicles not to drive them due to risk of exploding air bag inflators

Nissan is urging the owners of about 84,000 older vehicles to stop driving them because their Takata air bag inflators are at high risk of exploding in a crash and hurling metal fragments

Nissan warns owners of older vehicles not to drive them due to risk of exploding air bag inflators
News|Science|Technology

Waymo is latest company under investigation for autonomous or partially automated technology

The U.S. government’s highway safety agency has opened another investigation of automated driving systems, this time into crashes involving Waymo’s self-driving vehicles

Waymo is latest company under investigation for autonomous or partially automated technology
Business|News|Technology

US seeks information from Tesla on how it developed and verified whether Autopilot recall worked

Federal safety investigators want Tesla to tell them how it developed the fix in a recall of more than 2 million vehicles with the company’s Autopilot partially automated driving system

US seeks information from Tesla on how it developed and verified whether Autopilot recall worked
Business|News

US to require automatic emergency braking on new vehicles in 5 years and set performance standards

Automatic emergency braking will have to come standard on all U.S. new passenger vehicles in five years

US to require automatic emergency braking on new vehicles in 5 years and set performance standards
Business|News

Tractor-trailers with no one aboard? The future is near for self-driving trucks on US roads

Late this year, Aurora Innovation Inc. plans to start hauling freight on Interstate 45 between the Dallas and Houston areas with 20 driverless trucks

Tractor-trailers with no one aboard? The future is near for self-driving trucks on US roads
Business|News|Technology

Wall Street is looking to Tesla's earnings for clues to Musk's plan to restore company's wild growth

Faced with falling global sales and a tumbling stock price, Tesla has slashed prices again on some of its electric vehicles and its “Full Self Driving” system

Wall Street is looking to Tesla's earnings for clues to Musk's plan to restore company's wild growth
Business|News

Tennessee Volkswagen workers to vote on union membership in test of UAW's plan to expand its ranks

The United Auto Workers’ ambitious drive to expand its reach to nonunion factories across the South and elsewhere faces a key test Friday night, when workers at a Volkswagen plant in Chattanooga, Tennessee, will finish voting on whether to join the union

Tennessee Volkswagen workers to vote on union membership in test of UAW's plan to expand its ranks
Business|News

AP Source: General Motors and Bedrock real estate plan to redevelop GM Detroit headquarters towers

General Motors and real estate firm Bedrock will jointly study how to redevelop the automaker’s huge headquarters tower complex in downtown Detroit, a person briefed on the plans said

AP Source: General Motors and Bedrock real estate plan to redevelop GM Detroit headquarters towers
Business|News

US agency says it will investigate Ford gasoline leak recall that can cause engine compartment fires

The U.S. is investigating a Ford recall for gasoline leaks from fuel injector cracks that can cause engine fires, saying that the remedy doesn’t fix the leaks

US agency says it will investigate Ford gasoline leak recall that can cause engine compartment fires
Business|News

US first-quarter auto sales grew nearly 5% despite high interest rates, but EV growth slows further

New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates

US first-quarter auto sales grew nearly 5% despite high interest rates, but EV growth slows further
Business|News

Millions of recalled Hyundai and Kia vehicles with a dangerous defect remain on the road

In September, Hyundai and Kia issued a recall of 3.4 million of its vehicles in the United States with an ominous warning: The vehicles should be parked outdoors and away from buildings because they risked catching fire, whether the engines were on or off

Millions of recalled Hyundai and Kia vehicles with a dangerous defect remain on the road

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