ArcelorMittal, the world’s second-largest steelmaker and a major supplier to the auto industry, is considering a potential offer for U.S. Steel Corp., three people familiar with the matter told Reuters on Wednesday. ArcelorMittal is discussing a possible offer with its investment bankers, and there is no certainty that it will press ahead with it, the
Month: August 2023
The Biden administration wants to shift cybersecurity burdens from individuals, small businesses and local governments to automakers and other big companies. The White House’s national cybersecurity strategy calls on “organizations that are most capable and best positioned to reduce risks” to take on that responsibility. The end result, according to some industry observers, will make
In this article TSLA XPEV NIO LI Follow your favorite stocksCREATE FREE ACCOUNT Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. Florence Lo | Reuters Tesla on Wednesday slashed the price of the existing
Mercedes-Benz will use the backdrop of 2023 Monterey Car Week currently underway in California to present the 2024 AMG SL 63 Manufaktur Big Sur. As the name suggests, the car has been developed by Mercedes’ Manufaktur personalization department and takes inspiration from the Big Sur region of California’s coast line, and in particular the orange
Texas has officially approved an initiative that would force charging stations to be equipped with Tesla’s NACS connector in order to get access to over $400 million in subsidies. After the first wave of automakers announced that they would adopt NACS, a connector that Tesla designed and is trying to make the new charging standard
Race Car Driver vs. Cyclist: Watch American hill climb cyclist champion Phil Gaimon go up against race car driver and Le Mans champion Justin Bell in a race between a Range Rover Sport and a bicycle, taking place in cycling mecca’s Les Lacets de Montvernier.
HANOI — Vietnam’s EV champion VinFast has managed to sell Wall Street on a Nasdaq listing that values the loss-making startup at more than $85 billion, almost twice as much as Ford or General Motors. Now comes the hard part: moving overseas growth out of the slow lane. VinFast needs to deliver more than twice
Out Of Control Tesla Slams Into Garage, Three Occupants Injured | Carscoops The accident was caught on video by a security camera although the cause is not clear 2 hours ago A Tesla Model Y ended its crazy course on a South California residence last Saturday, injuring a trio of passengers and causing damage to
The Insurance Institute for Highway Safety said three models performed poorly in a new rear-seat safety test of seven 2023 midsize vehicles. The 2023 Kia K5, 2023 Volkswagen Jetta and 2023 Hyundai Sonata all received a “poor” rating in the new moderate overlap front crash test, the IIHS announced Wednesday. In the test, the IIHS
BANGKOK, THAILAND – 2023/05/18: VinFast displays its vehicles at Future Energy Asia Exhibition 2023 at Queen Sirikit National Convention Center. Nathalie Jamois | Lightrocket | Getty Images VinFast‘s shares jumped some 270% after its U.S. trading debut, vaulting its total market value past some of the world’s largest automakers such as Ford, GM, BMW and
Fresh photos of a new Ultium-based Cadillac electric SUV have surfaced in China, providing the best look yet at the vehicle called Optiq. Published by China’s Ministry of Industry and Information Technology (via GM Authority) as part of the model’s homologation process, the photos depict the Optiq’s more powerful dual-motor AWD variant – the single-motor
Electric vehicle startup Fisker said on Tuesday it signed a deal with Tesla to adopt its North American Charging Standard (NACS), giving Fisker customers access to the automaker’s Supercharger network by 2025. A plethora of automakers, including Ford Motor and General Motors are moving away from the standard Combined Charging System (CCS) connector to Tesla’s
Associated Press Aug 15, 2023, 04:10 PM ET Rahal Letterman Lanigan Racing parted with driver Jack Harvey on Tuesday and will put Conor Daly in its No. 30 car when the IndyCar Series resumes its season Aug. 27 at World Wide Technology Raceway near St. Louis. The team has not announced a driver for the
San Francisco Calling On Increased Robotaxi Oversight Following 10 Cruise AVs’ Traffic Jam | Carscoops Connectivity issues caused by a nearby music festival caused 10 Cruise autonomous vehicles to become stuck on San Francisco streets this weekend 2 hours ago One doesn’t often have to think about it, but timing is a very important part
Expanding Midwest auto retailer Zeigler Auto Group bolstered its Indiana presence and Subaru store count with its latest acquisition. Zeigler Auto on Monday bought Bob Rohrman Subaru in Lafayette, Ind., and Bob Rohrman Subaru of Fort Wayne from Rohrman Automotive Group. The dealerships were renamed Zeigler Subaru of Lafayette and Zeigler Subaru of Fort Wayne.
Jim Cramer is cautious about Ford (F) due to the heightened risk of a United Auto Workers strike, which has been a recent overhang on the Club stock. But, Jim is encouraged by the automaker’s electric vehicle efforts and its embrace of other emerging technologies. UAW strike concerns Ford shares had seen a nice rally
The Volvo XC60 compact crossover enters the 2024 model year with some new features, key among them being an available black styling upgrade that Volvo revealed on Tuesday. Available exclusively in combination with the XC60’s range-topping Ultimate trim level, the new Black Edition upgrade adds a stealthy look via black paint on the exterior, black
By Simon Alvarez Posted on August 14, 2023 The Tesla Model S and Model X now start at more affordable prices, thanks in part to the introduction of a Standard Range variant for the two flagship electric cars. The introduction of the Model S and Model X Standard Range was spotted on Tesla’s online configurator
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