By William Johnson Posted on August 31, 2022 BYD shares (HKSE: 1211.HK) on the Hong Kong stock exchange tumbled nearly 12 percent today after Berkshire Hathaway divested 1 million shares from the company. According to Fortune, Warren Buffet’s Berkshire Hathaway has been invested in BYD since 2006 and has made roughly $7 billion in profit
Month: August 2022
Bosch Group said it will invest more than $200 million to produce fuel cell stacks in the U.S. as the German supplier accelerates its transition to electrification. Bosch said on Wednesday that it will expand its existing Anderson facility, South Carolina, to support fuel cell production, which is planned to start in 2026 creating at
4:06 AM ET Lewis Hamilton literally put a cap on a verbal spat with Formula One rival Fernando Alonso in a teasing social media post on Tuesday. Alonso, a former team mate and fellow world champion, had branded the Briton an idiot after a first-lap collision at last Sunday’s Belgian Grand Prix. Mercedes’ seven-times world
What kind of vehicle is the 2023 Dodge Charger? What does it compare to? The 2023 Dodge Charger is a modern muscle sedan with fire-breathing V-8 power and styling that can be over-the-top in SRT trims. It’s short on real rivals, though you might consider everything from a Nissan Maxima to a Cadillac CT5 Blackwing
Update (8/31/2022): We reached to out to GM for a comment and to ask about whether the company has stopped offering a factory battery replacement for the Volt Hybrid. Here’s what a spokesperson told us: “We cannot comment or confirm this specific estimate of work without the full details, including whether the customer requested a
WASHINGTON — Ford Motor Co., General Motors and electric pickup maker Rivian have issued safety recalls affecting nearly 400,000 U.S. vehicles, according to separate reports filed with NHTSA and made available Wednesday. The largest of the recalls covers more than 277,000 Ford Super Duty models and Lincoln Continental luxury sedans from the 2017-20 model years.
The Robert Bosch GmbH logo sits on the exterior of Messe Stuttgart exhibition center as automobiles pass in Stuttgart, Germany, on Monday, July 18, 2016. Michael Nagle | Bloomberg | Getty Images German auto supplier Bosch said Wednesday it will invest more than $200 million to build fuel cells for electric trucks in South Carolina.
If electric cars are the future, we’re not all that sad if Ariel offers a glimpse of what can be achieved. The small British firm in 2017 announced plans for a high-performance extended-range electric vehicle code-named the Hipercar, and whose range extender would be a gas turbine. It seemed to be the trend back then
Live in New York and want to buy an electric bike or e-scooter? A proposed e-bike incentive could cut the price in half, saving you over a thousand dollars with a purchase rebate. New York e-bike rebate That’s the idea behind State Senator Julia Salazar’s bill, which would offset 50% of the purchase price of
PRAGUE — Skoda’s Vision 7S concept previews the biggest of three all-electric cars the brand plans to launch by 2026. The seven-seat crossover features a fresh design language and a new brand identity that Skoda said will better help differentiate it from rivals and other Volkswagen Group brands. Unveiling the Vision 7S here on Tuesday, Skoda
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Tom Pappert, a longtime Chrysler sales executive who earned a reputation as an outspoken advocate for dealers both during and after his tenure, died Monday in suburban Detroit after a three-year battle with cancer. He was 82. A native of Pittsburgh and a graduate of Duquesne University, Pappert joined Chrysler in 1962 as a trainee
The Insurance Institute for Highway Safety said many models’ automatic braking systems perform poorly in nighttime tests. The study, released Tuesday, comes amidst climbing traffic deaths in the U.S., with 2021 having the highest number killed on U.S. roads in a single year since 2005. Of the 23 models tested, only four earned a Superior
In this article TSLA An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Tesla violated workers’ rights when it told employees they couldn’t wear shirts with pro-union insignia at the factory, The National Labor Relations Board ruled in a decision out Monday. The
Freiburger and Finnegan meet up with Vice Grip Garage owner Derek Bieri to take a 1968 big-block Dart on a tire-smoking road trip that includes a final run down Memphis International Raceway. Stream Roadkill now on MotorTrend+ ➡️ https://motortrend.app.link/tMVx4lIvBsb #Roadkill #MotorTrend #Dodge MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive
With no clear indication when the Tesla Roadster will make its market debut, designers have taken it upon themselves to push the Roadster’s formula further. And of course the Roadster’s rocket boosters were going to be key to their creations, although we didn’t expect to see designs where the rockets would be the focal point
A lot has changed since Mercedes’ C-Class debuted nearly three decades ago and the 2022 model year proves that. No longer is this smallish sedan the base model in its brand’s lineup. Now, it’s aimed upmarket with more of a ‘baby S-Class‘ attitude than ever before. We’re driving one for a week. What do you
Warren Buffett’s Berkshire Hathaway slightly trimmed its stake in Chinese automaker BYD, just over a month after speculation that the legendary U.S. investor was preparing to shed his entire position sent BYD’s stock plummeting. Berkshire cut its holding in BYD’s Hong Kong-listed shares to 19.92 percent from 20.04 percent on Aug. 24, according to an
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