As the importance of automotive software grows, the industry will need to do more to attract top talent in the field amid stiff competition from Silicon Valley — and quickly, experts and industry executives said. “It’s not like there aren’t a lot of great people working in this space, but compared to the density you
Month: February 2023
In this article AN Follow your favorite stocksCREATE FREE ACCOUNT Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images A solid fourth-quarter earnings report from AutoNation on Friday propelled the car dealer’s stock to a new all-time high and its best day
Just in time for the start of the 2023 Formula 1 World Championship, the trailer for season five of the popular “Formula 1: Drive to Survive” series on Netflix has dropped. The new season is coming to the Netflix streaming service on Feb. 24 and will focus on the events that happened in 2022. While
Electric bicycles and scooters are particularly attractive means of alternative transport. This is largely thanks to their accessibility, not just in terms of low pricing and affordable operating costs, but also due to the fact that they don’t require registration or even a license to use. That is, for now, at least. You see, a
STUTTGART — Investment and other tools to accelerate the industrial transition to a decarbonized future are welcome, but trade barriers are not, Mercedes-Benz CEO Ola Kallenius said, referring to the U.S. Inflation Reduction Act. “Trade barriers, please no,” he said during a news conference on the automaker’s full-year results. With $369 billion of subsidies largely
10:16 AM ET With qualifying and the Duels in the books, the NASCAR world is counting down to Sunday’s Daytona 500. Sean Gardner/Getty Images DAYTONA BEACH, Fla. — It is time for the 65th running of the Daytona 500, NASCAR‘s biggest event on its biggest stage, kicking off what many believe could be one of the
Brake Failure On Car Being Moved Causes Chaos At Florida Auto Auction Injuring Eight | Carscoops Two people were rushed to hospital with serious injuries, while the six others only had minor ones by Sebastien Bell 23 hours ago by Sebastien Bell An automobile auction in Lauderdale Lakes, Florida, became the scene of a traumatic
Mercedes-Benz CEO Ola Källenius said the American Inflation Reduction Act has the “right ambition” to help accelerate the auto industry toward a decarbonized future. “If political leaders make that a priority and are also willing to spend government money on that, that can be very helpful,” Källenius said on an earnings call from Germany on
WASHINGTON — Tesla Inc. is recalling nearly 363,000 U.S. vehicles equipped with or pending installation of its Full Self-Driving beta software because of an increased risk of crash. The recall covers certain 2016-23 Model S and Model X electric vehicles as well as certain 2017-23 Model 3 and 2020-23 Model Y vehicles. NHTSA on Thursday said
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – A defective battery that caused a Ford F-150 Lightning in the company’s possession to catch fire earlier this
HOT ROD’s Thom Taylor takes a vintage Indy Roadster around the Indianapolis Motor Speedway before the 2013 Indy 500. Driving the Bill Akin-restored Bowes Seal Fast roadster, built by Quinn Epperly, and raced to 6th place by Johnny Boyd at the ’59 500, Thom runs with other historic Indy roadsters racing around the track on
By William Johnson Posted on February 16, 2023 Rivian has patented an air-conditioned EV charger that attempts to increase charging speeds by heating or cooling a vehicle’s battery during charging. One hurdle in the way of unlocking faster charging for EVs is the problem of battery temperature. As an EV’s battery charges, particularly at high
Northvolt, the Swedish lithium-ion battery producer that counts BMW and Volkswagen among its investors, is close to hiring banks for an initial public offering that could value the company at more than $20 billion, four sources close to the matter told Reuters. The company, which last raised funding from investors at a valuation of $12
9:13 PM ET Associated Press DAYTONA BEACH, Fla. — IndyCar driver Conor Daly raced Floyd Mayweather Jr. into the Daytona 500 for a second consecutive year by bobbing and weaving his way through myriad issues for the ill-prepared team. Daly’s attempt to make his first Daytona 500 was announced only last week as part of
Bay Area Cyclists Being Targeted By Motorists Who Try To ‘Door’ Them | Carscoops Drivers are accused of speeding up to get alongside cyclists and opening their doors on them by Sebastien Bell 10 hours ago by Sebastien Bell Cyclists around the San Francisco Bay Area claim that they are under attack from motorists who
The growing complexity of car electronics delivered Visteon Corp. a record sales year, but the shortage of a specific type of semiconductor has prevented the automotive supplier from capitalizing on demand. The supplier of cockpit electronics, with roots as a unit of Ford Motor Co., finished the year with $1 billion in sales for the
Forget the Super Bowl ads starring Will Ferrell, the Jeep remix of “Electric Boogie” and the spot from Elon Musk’s chief critic. The most interesting transportation-related commercial to debut this Super Bowl season is one that never actually aired on network television. If you missed an advertisement called “The Distance” making the rounds on social
In this article TSLA MSFT DIS Follow your favorite stocksCREATE FREE ACCOUNT James Bullard, president and chief executive officer of the Federal Reserve Bank of St. Louis, delivers a speech in London, U.K., on Tuesday, Oct. 15, 2019. Luke MacGregor | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new,
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