DETROIT — Hau Thai-Tang spent the final days of his nearly 35-year career at Ford Motor Co. in the same place where he got his first big break: Flat Rock Assembly Plant. The automaker organized a sendoff for its chief industrial platforms officer, who announced his retirement in July, with workers building the Mustang sports
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Former Volvo Cars CEO Hakan Samuelsson said in 2021 that the automaker’s replacement for theXC90 would have a name that deviated from its longtime use of letter and number combinations. “This car will have a name, more like a [newborn] child,” Samuelsson said during a presentation of the company’s EV-centric future on June 30. Last
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HANOVER, Germany — While the auto industry struggles to convince consumers that hydrogen fuel cell vehicles have a place in daily transportation, truckmakers see huge potential for the technology. It’s a matter of chemistry, Andreas Gorbach, Daimler Trucks’ technical chief, said at IAA Transportation 2022. No battery chemistry will ever outperform how much energy engineers
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In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Mobileye’s CEO Amnon Shashua poses with a Mobileye driverless vehicle at the Nasdaq Market site in New York, July 20, 2021. Jeenah Moon | Reuters Mobileye, an Intel-owned company that makes chips, maps, and software for self-driving cars, has filed for an IPO, according to
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U.S. sales at Kia and Genesis rose in September as the auto industry’s inventory woes continued to ease, though growing economic challenges threaten what was supposed to be a more robust second-half rebound as the industry enters the fourth quarter. Volume last month rose 6.4 percent to 56,270 at Kia, setting a September record for the
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Porsche Automobil Holding SE won the dismissal of lawsuits from hedge funds seeking about 5.4 billion euros ($5.3 billion) in damages they say they incurred during Porsche’s failed takeover of Volkswagen Group more than a decade ago. Institutional investors and private shareholders had pursued Porsche for compensation for losses they suffered in the trading of
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