Month: June 2022

By Joey Klender Posted on June 10, 2022 Tesla (NASDAQ: TSLA) has announced that its Board of Directors has approved a 3:1 split for the company’s common stock in the form of a dividend. The move will make the ownership of TSLA stock more available for both employees and investors alike. On Friday, Tesla submitted
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BERLIN — Volkswagen Group and Mercedes-Benz signaled that they consider the European Union’s plan to enforce a 100 percent reduction in passenger-car CO2 emissions by 2035 to be achievable. The regulation will have the effect of outlawing sales of new cars with internal-combustion engines in the bloc after that date. The European Parliament backed the
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7:52 AM ET Daniel Ricciardo has dismissed any suggestion he could lose his McLaren race seat before the end of 2023, when his current contract expires. Ricciardo’s poor recent form has prompted rumours about his future with the team. McLaren CEO Zak Brown heightened that speculation during the Monaco Grand Prix weekend, saying Ricciardo has
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What kind of car is the 2023 Kia Soul? What does it compare to? The spacey five-seat Soul brings a dash of style to a class of efficient and affordable hatchbacks that include the Nissan Kicks, Hyundai Venue, and Toyota C-HR. Is the 2023 Kia Soul a good car? Review continues below Its good scores
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Despite continued robust profits, franchised dealers polled by Cox Automotive this spring were a little less optimistic about the future than they were mid-winter, as overall dealer sentiment softened in part because of inflation, higher costs and still-tight inventory. Franchised dealers’ expectations for their vehicle markets for the next three months fell from a score
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Tesla has reportedly secured a multibillion-dollar deal with Samsung to get new cameras for its self-driving sensor suite. Tesla’s Full Self-Driving (FSD) program relies on cameras to get imagery to feed its neural nets. Unlike most other self-driving programs, the automaker doesn’t use radar and lidar. However, we recently reported on Tesla’s filing with the
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The hydrogen revolution is coming. Or is it? The clean-burning fuel has the potential to revolutionize road transport, offering zero emissions with the ability to refuel in minutes. But a lack of infrastructure and high costs have been barriers to implementation. Suppliers, automakers and startups are working on all aspects of the hydrogen fuel cell
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Cadillac is going dramatic with a prototype of its third-generation endurance race car, the Project GTP Hypercar. Introduced Thursday, it previews the race car Cadillac will use to contest the 2023 IMSA WeatherTech SportsCar Championship and the FIA World Endurance Championship, including the 24 Hours of Le Mans. The Project GTP Hypercar, co-developed by Cadillac
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Editor’s note: What3words provided an updated figure for how many JLR vehicles were involved in this integration. The updated figure is more than 230,000 vehicles, a spokeswoman for What3words said. Jaguar Land Rover said it will integrate geolocation program What3words into more than 230,000 existing vehicles to streamline in-vehicle navigation. Only vehicles with the Pivi
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