WASHINGTON — Tesla Inc. defended the safety benefits of its advanced driver assistance system Autopilot and its Full Self-Driving capability but acknowledged they require “constant monitoring and attention of the driver.” Democratic Senators Richard Blumenthal and Ed Markey wrote Tesla CEO Elon Musk on Feb. 8 raising “significant concerns” about the EV maker’s Autopilot and
Month: March 2022
A former dealership owner was sentenced to six years in federal prison on March 3 after being found guilty of defrauding Toyota out of more than $4.3 million. James Pinson owned Big Blue Motor Sales, a used-vehicle dealership in Louisa, Ky. Pinson, 46, was convicted in December of three counts of wire fraud, six counts
Former AutoNation Inc. CEO Mike Jackson, who retired on Nov. 1 after more than two decades with company, collected nearly $18.3 million in compensation last year, according to the auto retail giant’s proxy statement. Jackson, 73, earned 29 percent more than the year before. His 2021 compensation included $1.09 million in salary, stock awards of
WASHINGTON — Startup technology firm Pony.ai agreed to issue a recall for some versions of its autonomous driving system software after an October crash in California, U.S. regulators said on Tuesday. The recall covers three vehicles that have been repaired, the company told the National Highway Traffic Safety Administration. The agency said on Tuesday this
DETROIT — Chevrolet’s electric Blazer crossover will become the brand’s first performance electric vehicle. Chevy teased the 2024 Blazer EV SS on Wednesday in a video that shows the Blazer charging before speeding down a road. The Blazer EV will debut this year and go on sale next spring, Chevy said. The Equinox EV and
While Electric Last Mile Solutions Inc. gives the ax to nearly a quarter of its headcount after the EV startup’s stock crash last month, it is padding the fall of its former top executives behind the turmoil. Chairman Jason Luo and CEO James Taylor were forced to resign their positions effective Feb. 1 after an
Rad Power Bikes didn’t become the largest electric bicycle company in North America by resting on its laurels. The Seattle-based company has been hard at work on a new model to be added to the lineup. The RadExpand 5 electric bike has just been unveiled, and it comes with an attractive price of just US
GM’s Chevrolet division announced a high-performance variant of its upcoming Blazer EV SUV this morning but left us with precious few details. The Chevy Blazer SS or “Super Sport” will be a high-performance version of the Blazer EV, which was announced at GM’s CES 2022 event by CEO Mary Barra. The Silverado EV was the
Tesla has confirmed that deliveries of Model Y vehicles built at Gigafactory Berlin in Germany are starting on March 22. Last week, after months of delays, Tesla finally received its official building permit following the environmental approval of its Gigafactory Berlin project. It was believed to be the last regulatory step needed for Tesla to
The price of nickel is surging as investors take stock of the new global reality: Russia, a key supplier of the metal, is now facing extensive sanctions following its invasion of Ukraine. In an unusual step, the London Metal Exchange suspended nickel trading on Tuesday morning after three-month contract prices more than doubled to over
In this article VOW3-DE VW ID. Buzz VW Volkswagen is resurrecting its iconic microbus — the quintessential van associated with traveling Deadheads and the 1960s counterculture — as an all-electric van called the ID. Buzz. The German automaker on Wednesday finally unveiled the electric vehicle as a 21st-century descendent of its T1 Microbus. VW has
We were recently let into a studio for a first look at the all-new 2012 Chevrolet Camaro ZL1, and had them fire up the ZL1’s 550-horsepower LSA supercharged V-8 for good measure. Read full story here: http://www.motortrend.com/auto_shows/chicago/2011/1102_2012_chevrolet_camaro_zl1_first_look/index.html Also find Motor Trend on: Tweets by motor_trend http://facebook.com/MotorTrendMag
While he doesn’t plan to add one to his sprawling collection, Jay Leno certainly appreciates a fine Ferrari. He’s featured a number of them on his “Jay Leno’s Garage” series, and two very special examples were featured in the latest episode. The two Ferraris are both F50s, one red and one yellow. They both belong
2:28 AM ET Associated Press Chip Ganassi Racing and PNC Bank marked International Women’s Day with the launch of a campaign to drive gender equality in motorsports. Women in Motorsports will feature both a video content series showcasing female industry leaders and an internship program designed to create opportunities in motorsports for women. “While women
With gasoline prices at a 14-year high, it’s hard to imagine paying even more at the pump. Yet prices are only heading higher. On Sunday, the national average for a gallon of gas hit $4.009, the highest since July 2008, according to data from AAA. An increase in demand along with a reduction in supply
Volkswagen will finally take its psychedelic camouflage wrap off the production version of the ID Buzz on Wednesday, March 9, giving eager consumers their first undisguised look at the retro-styled electric van. VW offered several reviewers a chance to briefly drive prototypes of the short-wheelbase, two-row versions in Europe last month. That vehicle, which seats
Group 1 Automotive Inc. on Monday acquired Charles Maund Toyota in Austin, Texas, which the auto retailer expects will add $435 million in annual revenue. Group 1, of Houston, said it renamed the dealership Toyota of North Austin. The sellers were Doug Maund, a son of the dealership’s founder, Charles Maund, and Managing Partner Jim
Intel Corp. said Monday its Mobileye autonomous vehicle technology unit has confidentially filed paperwork for an initial public offering in the United States, which could value it at than $50 billion. Intel did not give more details about the offering, but has previously said it would receive the majority of the proceeds from the share
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