Month: October 2022

U.S. sales at Kia and Genesis rose in September as the auto industry’s inventory woes continued to ease, though growing economic challenges threaten what was supposed to be a more robust second-half rebound as the industry enters the fourth quarter. Volume last month rose 6.4 percent to 56,270 at Kia, setting a September record for the
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Porsche Automobil Holding SE won the dismissal of lawsuits from hedge funds seeking about 5.4 billion euros ($5.3 billion) in damages they say they incurred during Porsche’s failed takeover of Volkswagen Group more than a decade ago. Institutional investors and private shareholders had pursued Porsche for compensation for losses they suffered in the trading of
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By Simon Alvarez Posted on September 30, 2022 There seems to be no love lost between Tesla CEO Elon Musk and former AI Director Andrej Karpathy. During the recently-held AI Day 2022 presentation, Musk ended up trolling Karapthy with a “Software 2.0” joke, prompting the former Tesla executive to accept a Tesla Tequila-related dare.  Karpathy,
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Sep 29, 2022 Associated Press Conor Daly ended the 2021 IndyCar season without a job and unsure where his racing career was headed. Just about a year later, he’s brought a new sponsor to motorsports that not only shored up Daly’s future but now has him prepared to make his NASCAR Cup Series debut. Daly
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A TikToker going by the handle srt_ray6.4 recently posted video footage of an interaction he had with a police officer who claimed that the exhaust on his Dodge Challenger Hellcat was not in line with state regulations relating to decibel levels, despite the car allegedly being stock. In two videos, compiled by YouTuber SoCal Super,
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A package of new- and used-vehicle warranties with new certified pre-owned programs is helping Spitzer Automotive Group of Ohio, Pennsylvania and Florida get customers in the door during a period of low inventory. Last year, the group introduced its “Spitzer Shield,” a suite of benefits that includes a nationwide lifetime powertrain warranty on new vehicles
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