Month: October 2022

12:42 PM ET AUSTIN — The FIA will make changes to its safety car procedures after Pierre Gasly’s near miss with a recovery vehicle at the Japanese Grand Prix, but has also underlined the importance of driver responsibility after labelling the Gasly’s actions as “reckless.” Gasly said he came within two metres of a fatal
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PAHRUMP, Nev. — Countless data points gathered by vehicles every day on public roads can be used to improve safety and traffic flow and speed up emergency response times. British automotive data startup Wejo hopes to play a major role in getting the auto industry to that point by using data to learn how drivers
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Swedish safety component supplier Autoliv reported a strong third-quarter profit on Friday and said its operating margin would trend toward the upper end of expectations. The Stockholm-based company said its adjusted earnings before interest and taxes (EBIT) rose to $171 million from $99 million a year earlier. It now believes its adjusted operating margin for
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By Simon Alvarez Posted on October 20, 2022 Retail activist shareholder platform Tulipshare urged Tesla Inc. to link its executive pay to environmental, social, and governance (ESG) factors. The activist shareholder group announced that it plans to submit a shareholder resolution on the subject during Tesla’s annual meeting of stockholders in 2023. According to Antoine
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Automakers are investing heavily in autonomous driving technologies, using simulation and digital twins to train, test and validate the deep neural networks running inside the vehicle. Designing software-defined vehicles is a distinctly time-consuming and costly process, requiring input from teams around the world. Traditionally, product development cycles in the automotive industry stretch over many years
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Wieden+Kennedy has grown its Ford business, taking over lead global creative and brand strategy work from BBDO as the automaker looks to streamline its advertising across the world. W+K has steadily expanded its scope with the automaker since it was added to its roster in 2018. That is when Ford hired BBDO as its lead
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WASHINGTON — The Biden administration said Wednesday it is awarding $2.8 billion in grants for projects to boost U.S. manufacturing of electric vehicle batteries and domestic mineral production. The White House is also launching an effort, dubbed the American Battery Material Initiative, to strengthen critical mineral supply chains as automakers race to expand U.S. electric
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