Month: April 2022

Spain plans to invest 11 billion euros ($12.4 billion) to develop microchips and semiconductors in a bid to modernize its tourism-dependent economy. “We want our country to be at the vanguard of industrial and technological progress,” Prime Minister Pedro Sanchez said Monday in Madrid, without giving more details. He said the project will be approved
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Did Elon Musk break securities laws again? Former securities officials and professors said Tesla CEO Musk might have missed a key disclosure deadline when he bought 9 percent of Twitter. And Securities and Exchange Commission regulators could use any shortfall to try to punish Musk more for other lapses, some believe. Musk on Monday disclosed
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A teenage driver’s twister trouble has resulted in a new Chevrolet Silverado. When Riley Leon, 16, drove through a powerful tornado on his way home from a job interview last month, his red Silverado flipped multiple times before landing upright on the road and he drove to safety, according to media reports. Leon was not
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What kind of car is the 2022 Genesis G70? What does it compare to? The 2022 Genesis G70 sedan seats five. It wears a luxury badge and cops to it with luxury features and lots of technology. It’s a legitimate rival for the Mercedes C-Class and BMW 3-Series, more so than dated competition like the
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Qualcomm Inc. said Monday it completed its acquisition of Swedish tech supplier Veoneer’s Arriver software stack, giving the semiconductor giant a larger foothold in advanced driver-assistance technology. “Something like this positions us extremely well,” said Nakul Duggal, general manager of Qualcomm’s automotive business. “Traditionally, we’ve been a provider of silicon and software. But now, with
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The Geneva auto show will return in 2023, show organizers announced Monday. Dates for the revived auto show will be Tuesday, February 14, to Sunday, February 19, 2023, according to a Facebook post. The Geneva show was the first to be cancelled with the onset of the coronavirus pandemic, shutting down in 2020 just days
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Millions of people have driven their Toyota to a shopping mall, but few have actually driven right through the middle of one. Toyota Gazoo Racing organized a drift race through a dead mall for a video to promote the 2022 GR86. Three frigid days of filming at the Charlestowne Mall in St. Charles, Ill., left
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Production of the Ford Fiesta at the automaker’s factory in Cologne, Germany, could be halted until April 25. The move is in response to supply chain disruption, a Ford spokeswoman told Automobilwoche, a sister publication of Automotive News Europe. Workers at the factory were on short-time work last week. This will continue until Easter, Ford
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