Club holding Ford (F) on Tuesday showed investors it had righted the ship in the first quarter following a dismal end of 2022, easing our concerns that the legacy automaker had lost its way. Automotive revenue for the three months ended March 31 increased about 21% year-over-year, to $39.09 billion, topping analysts’ forecasts of $32.08
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By Richard Angle Posted on May 1, 2023 While SpaceX is clearly good at delivering satellites to orbit quickly and efficiently, they almost always put on a beautiful show for the locals and thousands of viewers watching online, and this launch was no different. Launching at 8:26 PM ET, the Falcon Heavy lifted off under
Review: The 2024 Chevrolet Trax Sets A New Low Bar But In A Good Way | Carscoops Starting under $22,000, Chevy’s entry-level model may have less power than before, but it costs less and boasts an attractive design and improved interior by Stephen Rivers May 2, 2023 at 09:00 by Stephen Rivers Chevrolet’s all-new 2024
PARIS — French auto sales jumped by 22 percent in April, as the market continued to rebound from component shortages, trade group PFA said. Big gains were reported at Cupra, Dacia, Renault and Seat. For the year, the market is up 17 percent. Sales have risen every month since September 2022, compared with the same
9:04 AM ET It has been 5,799 days and counting since an American driver with a full-time Formula One seat contested a U.S. Grand Prix. Scott Speed finished 13th at Indianapolis in 2007 for what was then known as Scuderia Toro Rosso, and it would be the last time he would see the checkered flag
Dust Storm Causes Massive Pileup In Illinois, Over 60 Vehicles Involved | Carscoops Preliminary information from the Illinois State Police says dust from farm fields caused zero visibility conditions by Michael Gauthier 14 hours ago by Michael Gauthier A dust storm caused an apocalyptic scene on I-55 in Illinois as dozens of vehicles were involved
Credit Acceptance Corp.’s net income dropped 54 percent in the first quarter to $99.5 million compared with a year earlier as the company set aside $114.1 million more as a hedge against future losses. The subprime-focused auto lender said Monday it had experienced lower first-quarter profitability on loans from 2020 to 2022 than it had
ANAHEIM, Calif. — Global supplier Bosch and trucking technology company Plus are working together to develop and deploy advanced driver-assistance features, the companies said Monday at the Advanced Clean Transportation Expo. The new system combines Plus’ predictive 360-degree sensors and assisted driving tools such as merge handling and suggested lane change with Bosch’s hardware and
In this article TSLA 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 hiked the price of several cars in key markets, including the
Ford (F) is expected to release its first quarter 2023 earnings after market close on Tuesday, May 2, as the company’s first report to break down EV financial results separately. Wall Street analysts expect Ford’s overall earnings to increase slightly in Q1 alongside higher revenues as the industry’s shift to fully electric vehicles intensifies. Ford
Porsche this year is celebrating its 75th anniversary of building sports cars, and the 24 Hours of Le Mans race is marking its own centennial. In honor of both anniversaries, Porsche’s trio of 963 LMDh race cars set for the French classic will feature a psychedelic livery in which each color used has its own
Recovering from a global pandemic—and living in a world at odds with itself and in the throes of economic collapse. We’re of course talking about the 1930s, right? In looking to our past to help us understand the future, our search for a hero came back with, well, something more on-brand for us. Welcome to
On June 13 and 14 in Paris, the annual Automotive News Europe Congress will host a series of top-level presentations, speakers and panel discussions on the theme of Making Sustainability Profitable. Speakers will include experts and executives from Renault Group, Toyota, Stellantis, Polestar, Ford, Hyundai and more. Join us in Paris to be part of the
AutoNation Inc. executive Marc Cannon plans to leave his position as chief customer experience officer, shift to a short-term philanthropic role for the auto retailer and then retire at year-end. Richard Lennox, a former department store, toy company and jewelry store marketing executive, was named AutoNation’s CMO, effective May 15, the retailer also announced. “It
11:34 AM ET Max Verstappen called George Russell a “d—head” after they collided on the opening lap of the sprint race at the Azerbaijan Grand Prix. Verstappen was fuming after the Mercedes driver barged past him on the inside at Turn 2, with the contact almost putting the championship leader in the wall. Cameras later
Uber Eats Wouldn’t Remove One-Star Review For Driver Who Refused To Deliver Meth | Carscoops A driver claims she was initially scolded by Uber support for taking a package that was full of drugs to police instead of its intended recipient by Sebastien Bell May 1, 2023 at 18:46 by Sebastien Bell An Uber Eats
Gentex Corp., supplier of high-tech rearview mirrors, dimmable glass and automotive electronics, is investing in and collaborating with an Israeli company that has created a small thermal camera. Such a device can be used to improve the safety of self-driving cars and to help reduce accidents involving pedestrians. Adasky was founded in Israel in 2016.
New regulations governing cybersecurity for software-defined vehicles will start in July 2024, but the automotive industry may not be prepared, according to Israel’s Argus Cyber Security. Argus, a subsidiary of Germany’s Continental AG, found that 58 percent of small automakers and automotive suppliers are not prepared to create a management system focusing on vehicle cybersecurity