By Eric Ralph Posted on February 8, 2023 President and COO Gwynne Shotwell says that SpaceX’s Starlink satellite internet program had a “cash flow positive quarter” in 2022 and “will make money” in 2023. The update is major news for a program that SpaceX CEO Elon Musk has stated should be considered a success if
LONDON — Nissan has reinstated Europe as a “core” global market as the automaker recovers from its business crisis in 2020, when it shrank its footprint in the region to concentrate on the U.S., China and Japan. Nissan has successfully tackled the underlying cause of its unprofitability in Europe after launching new models and cutting
The three-row 2023 Kia Telluride plays sidekick for a desperate dad who forgot his baby’s binky in the automaker’s latest Super Bowl commercial, but the story doesn’t end when the spot is over. That’s when the fun starts. Kia is presenting three alternate endings for the 60-second ad exclusively on its TikTok channel to keep
12:44 PM ET Associated Press Katherine Legge will attempt to qualify for her third Indianapolis 500 this year — her first IndyCar race since 2013 — in a car fielded by Rahal Letterman Lanigan Racing. Legge will enter the race in the No. 44 Honda with sponsorship from Hendrickson, a global manufacturer and supplier of
Hacker Gained Access To 14,000 Toyota Email Accounts Last Year | Carscoops Toyota was able to correct the security flaw of its system after a white hat hacker alerted them by Brad Anderson 5 hours ago by Brad Anderson Toyota has closed a security vulnerability exposed by a white hat hacker who gained access to
Hyundai will offer monthlong subscriptions to its popular electric vehicles as part of a program called Evolve+. Evolve+ will cost subscribers $699 per month for the Kona Electric or $899 for the Ioniq 5. Both electric compact crossovers helped the Korean automaker capture early market share in the still-developing EV market. Hyundai hopes this program
CHICAGO — When it arrives in U.S. showrooms this year, the redesigned 2024 Subaru Crosstrek will sport a number of new technologies, some improved driving dynamics, different styling and, at least for some models, a VIN indicating it was built in the U.S. The Crosstrek was Subaru’s top-selling nameplate in the U.S. in 2022, with
In this article GFS GM Follow your favorite stocksCREATE FREE ACCOUNT The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai | Istock | Getty Images General Motors has signed a long-term agreement with GlobalFoundries to establish exclusive production capacity of
The 911 is Porsche’s heart and soul; the GT2 RS is the ultimate 911. Is that enough to win the title of Best Driver’s Car in a field of supercars whose layout doesn’t hark from the early 1960s? Watch the hot lap: http://bit.ly/2xr3mTo
Tesla’s former head of AI, Andrej Karpathy, announced that he is joining OpenAI, an AI startup originally co-founded by Tesla CEO Elon Musk. Karpathy joined Tesla more than five years ago as a neural net and computer vision expert. He joined as Tesla was transitioning from using Mobileye’s technology for driver-assist features to its own
BorgWarner has appointed Hau Thai-Tang, who retired last year after a long career at Ford Motor Co., to its board of directors. Thai-Tang held top roles in Ford’s product development and purchasing departments in his 34 years at the automaker. BorgWarner, in a Wednesday news release, praised Thai-Tang for developing “an industry leading product portfolio
1:19 AM ET Sunaadh Sagar India plays host to a top-tier motorsport series after almost a decade, as Formula E comes to town in the form of the Hyderabad E-Prix on February 11. Here’s everything you need to know about the showpiece event: Wait, what’s an E-prix? The electric equivalent of a Formula 1 race.
Tesla Doesn’t Consider A Steering Wheel That Falls Off A Defect | Carscoops But it also agreed to buy back the EV and replace it with an all-new example by Stephen Rivers 9 hours ago by Stephen Rivers A little over a week ago we told you about how one Tesla customer had his steering
CHICAGO — The 2024 Toyota Grand Highlander, which debuted Wednesday on the eve of the Chicago Auto Show, takes the body and bones of one of the Japanese brand’s top-selling crossovers and super-sizes it to deliver a more comfortable and competitive family vehicle — at least without sliding rear doors. The biggest feature of the
General Motors Co. is competing for a stake in Brazilian mining giant Vale SA’s base metals unit, people familiar with the matter said, underscoring automakers’ desire for easy access to the materials needed for electric vehicle batteries. GM has advanced to the next round of bidding for a minority stake in the business, the people
In this article 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT 2024 Toyota Grand Highlander Toyota CHICAGO — Toyota Motor is expanding its segment-leading, three-row crossover lineup with the new 2024 Grand Highlander, including two gas-powered hybrid offerings. The automaker revealed the vehicle as a bigger sibling to the Toyota Highlander midsize SUV/crossover on Wednesday night.
Rolls-Royce revealed the Spectre, its first EV, last fall but the big silent-rolling coupe is still undergoing final testing ahead of the start of deliveries late this year. After testing for extreme cold near the Arctic Circle in the winter, and heading to the south of France to dial in the comfort tuning, Rolls-Royce engineers
When it comes to bicycles, whether electric or otherwise, few brands are as trusted as Giant. With several decades of experience in the cycling world, Giant has long been a driver of innovation. With the sudden boom in popularity of electric bicycles, the company has branched out into developing all sorts of electric bikes, both