And it’s official. Rivian (RIVN) will lose its position on the Nasdaq-100 index (NDX) after its stock price fell over 90% from its all-time high achieved shortly after going public. Rivian to be removed from the Nasdaq-100 index Less than two weeks after JP Morgan analyst Min Moon predicted in a note to investors that
Month: June 2023
TOKYO – When Toyota convenes its annual shareholders’ meeting on Wednesday, the world’s biggest automaker will be bracing for rare investor backlash, with some pension groups even voting against the appointment of longtime leader Akio Toyoda as company chairman. The normally staid and tightly scripted event, traditionally held at Toyota’s global headquarters in Toyota City,
Jun 13, 2023, 06:59 AM ET The auction of trophies that would have been awarded at this year’s cancelled Emilia Romagna Grand Prix have raised £247,171 ($310,666) for flood relief in the region. The race at Imola was called off last month after flooding in the Emilia Romagna region claimed 14 lives and displaced more
Milk-Powered Cars: Michigan Dairy Farmers Turn Milk To Ethanol Fuel | Carscoops The producers of “Vodkow” will soon make 2.2 million gallons of ethanol per year out of lactose June 11, 2023 at 08:52 Your gas flap may soon have a milk mustache, because Michigan dairy farmers are partnering with a distillery north of the
WASHINGTON — U.S auto safety regulators told nearly two dozen major automakers on Tuesday not to comply with a Massachusetts vehicle telematics law, saying it poses significant safety concerns. The National Highway Traffic Safety Administration said in a letter to major automakers they must comply with a federal vehicle safety law and not with a
Audi has rebooted its first electric vehicle, the E-tron, for 2024, complete with a new name, badging and enhanced aerodynamics. The Q8 E-tron and Q8 Sportback E-tron, rebadged to reflect their position as Audi’s all-electric flagships, still look very much like Audis. That is part of the plan: Audi thinks traditional fans of the brand,
Buick on Tuesday provided a first look at its updated Envision compact crossover, which will arrive at dealerships later this year as a 2024 model. The current Envision has been on sale since 2021 and is more popular than ever. According to Buick, Envision sales for the first six months of the year are the
Toyota has been under constant fire from environmentalists and shareholders in the previous 12 months because of its feet-dragging approach to the electrification of its lineup. But now it’s fighting back with an ambitious plan that envisions EVs with over 600 miles (965 kilometers) of range from 2026 and around 900 miles (1,448 km) on
Toyota and Volkswagen Group transferred their Russian assets to Russian entities without a buyback option, Russia’s RIA state news agency reported. “The Toyota asset transfer deal, just like the Volkswagen deal, does not include an option to buy back production sites,” RIA quoted Russia’s Deputy Prime Minister Denis Manturov as saying during an interview. Russia
How Thieves Stole $1M Worth Of New Ford F-150s In Detroit And Got Away With It | Carscoops The new Ford trucks were stolen from a Detroit lot after being left with their keys inside then registered on Georgia titles in Phoenix, leading to chaos in the used car market https://www.carscoops.com/author/chris-chilton-cc/ by Chris Chilton 2
Polestar’s electric fastback, the Polestar 2, delivers more power, range and content for the new model year — along with a higher sticker price. The 2024 model arrives in August. The updated Polestar 2, like its XC40 and C40 siblings from major shareholder Volvo, receives a new-generation permanent magnet electric motor and new silicon carbide
TEL AVIV, Israel — Israeli automotive technology CEOs frequently joke about the crazy driving in their country. Traffic is hectic and dense and there’s constant honking. Scooters and bicycles dart in and out erratically. Road signs are more guidelines than rules. Neighbors Abu Dhabi, Bahrain and Saudi Arabia may host F1 Grand Prixes, but the
In this article 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT A display of Toyota electrified vehicles at the 2022 New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Shares of Japanese automaker Toyota spiked 5% Tuesday after the company announced it will introduce a full lineup of battery electric vehicles with “next generation”
#VW #Volkswagen #VWIDBuzz The ID Buzz is the original Microbus’ spiritual successor, but there are a few very important differences. Watch the full video here ➡️https://bit.ly/3IYFFaA
By Joey Klender Posted on June 10, 2023 The robber that stole a Tesla Model X belonging to tennis star Nick Kyrgios pleaded not guilty earlier this week. In early May, Kyrgios’ had his Tesla Model X parked at his home in his native Australia, in the city of Canberra. However, a masked man identifying
WARSAW — Poland will appeal against European Union rules to end the sale of fossil fuel cars across the bloc from 2035 to the top EU court within days, the country’s climate minister Anna Moskwa said. A package of EU regulations approved earlier this year aims at launching a new carbon market to rein in
Laurence Edmondson, F1 EditorJun 12, 2023, 08:29 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Mercedes team boss Toto Wolff says he regrets not signing Max Verstappen when he had the chance but doubts a driver combination of Verstappen and Lewis Hamilton would have worked. Before Verstappen was announced as
Tesla Model X Transformed Into Back To The Future Machine Inspired By The DeLorean | Carscoops Thanks to its “falcon doors,” the TMC-12X makes a fine stand-in for the DMC DeLorean in modern interpretations of the Back To The Future time machine 2 hours ago It was inevitable, really. As soon as Tesla endowed the
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