By William Johnson Posted on October 1, 2022 The Intel self-driving company, Mobileye, has applied for an initial public offering in the US. Intel, a computer hardware design and manufacturing giant, has found a partner company to work on self-driving technology; Mobileye. According to the Mobileye website, they look to differentiate in several vital ways
Month: October 2022
Costco Auto Program aims to partner with automakers to offer more promotions on used vehicles as new-vehicle availability remains limited. For years, retailer Costco’s auto program has worked with several automakers to offer incentives on new cars and trucks to Costco members through a network of more than 3,000 participating franchised dealerships. In August and
After reversing a decision to quit Europe, Mitsubishi Motors now believes it can rebuild its vehicle sales in the region to close to pre-pandemic figures with the help of alliance partner Renault. Mitsubishi targets annual sales of 130,000 in Europe by 2024, the automaker’s European head, Frank Krol told Automotive News Europe, giving the automaker
Kentucky’s governor celebrated the upcoming redesign of Ford Motor Co.’s Super Duty pickups by adding an “R” to the state’s name for a day. “Kentuckians have been building Ford trucks since the Model T, and we are thrilled this tradition is going to continue with the all-new Ford F-Series Super Duty,” Gov. Andy Beshear said
2:20 PM ET SINGAPORE — Sergio Perez has held on to his victory at the Singapore Grand Prix despite breaching safety car regulations on three occasions during the race and getting a five second penalty. The stewards investigated Perez for falling more than ten car lengths behind the safety car under the race’s two safety
A handful of exotics have been destroyed in South Korea in the wake of massive floods across the country. South Korea was hammered by Typhoon Hinnamnor in the second week of August, leading to widespread floods, in particular in the capital city of Seoul. At least nine people were killed in the disaster and comprehensive
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images Electric vehicle makers Tesla just posted third-quarter vehicle production and delivery numbers
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
Lamborghini this week replaced its Urus with an updated version dubbed the Urus S. There’s new styling in combination with extra power, and buyers also have a longer list of personalzation options to choose from. 2023 BMW XM BMW launched a rival to the Urus in the form of the XM. It’s the first standalone
DETROIT — Hau Thai-Tang spent the final days of his nearly 35-year career at Ford Motor Co. in the same place where he got his first big break: Flat Rock Assembly Plant. The automaker organized a sendoff for its chief industrial platforms officer, who announced his retirement in July, with workers building the Mustang sports
Kia has been smashing it out of the park lately regardless of what it builds, whether that’s an all-electric sedan like the EV6 or the super-boxy near-production EV9 SUV. The all-new Niro looks to continue the trend by taking many of its new styling cues from the spicy Habaniro concept. It’ll come with three different
Former Volvo Cars CEO Hakan Samuelsson said in 2021 that the automaker’s replacement for theXC90 would have a name that deviated from its longtime use of letter and number combinations. “This car will have a name, more like a [newborn] child,” Samuelsson said during a presentation of the company’s EV-centric future on June 30. Last
How should we think of certified pre-owned vehicles? Are these used vehicles, new vehicles, or should we stick to calling them “like-new”? Regardless of how we classify certified vehicles, we treat them like a different product. How we market, advertise, label and sell these vehicles proves that. Exiting the Great Recession, sales of certified pre-owned
8:45 PM ET SINGAPORE — Daniel Ricciardo concedes it may now be “realistic” for him to take a reserve driver role for 2023 if he wishes to remain in Formula One. The Australian’s future has been up in the air since August when McLaren reached a settlement to conclude his three-year contract 12 months ahead
Whether it’s a superhero movie, a bank heist flick or a tense spy thriller, there’s a good chance the film you watch this weekend will show the gruesome destruction of at least a couple of cars. But what most of us don’t know is the lengths Hollywood and the TV studios go to to make
HANOVER, Germany — While the auto industry struggles to convince consumers that hydrogen fuel cell vehicles have a place in daily transportation, truckmakers see huge potential for the technology. It’s a matter of chemistry, Andreas Gorbach, Daimler Trucks’ technical chief, said at IAA Transportation 2022. No battery chemistry will ever outperform how much energy engineers
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Mobileye’s CEO Amnon Shashua poses with a Mobileye driverless vehicle at the Nasdaq Market site in New York, July 20, 2021. Jeenah Moon | Reuters Mobileye, an Intel-owned company that makes chips, maps, and software for self-driving cars, has filed for an IPO, according to
Steve Dulcich’s teenage dreams finally come true as David Freiburger surprises him with a new project: a 1965-ish VW Dune Buggy! The guys have mastered the American engine; now it’s time they take on something new, or at least new to them. The “Boon Duggy” has a German-engineered four-cylinder 1200 boxer engine boasting a furious