Canoo names new CEO, outlines push to make its own vehicles
Executive Chairman Tony Aquila, a former software CEO, will immediately take over as chief executive, replacing Ulrich Kranz, who co-founded the company and exits at the end of the month......»»
‘Push for speed backfired,’ Sonos CEO says as new products delayed
Sonos CEO Patrick Spence said he pushed the company to move to fast, and as a result two new products will have to be delayed until software is fixed......»»
GM invests in agile manufacturing strategy, building EVs alongside gas vehicles
The automaker has set up a flexible manufacturing strategy, with dedicated plants that build gasoline vehicles and EVs as well as plants that build both......»»
Cadillac works to elevate luxury brand with bespoke vehicles, curated experience
Cadillac caters to buyers of the ultraluxury Celestiq electric sedan with a curated design experience allowing them to select customized materials and finishes......»»
Honda quarterly profit rises to record high on strong U.S. sales, weak yen
Honda has been cashing in on a surge in demand for hybrids as fading subsidies weigh on sales of battery-electric vehicles globally. The weak yen is helping out, too. .....»»
U.S. Justice Department lawsuit: Company allegedly force-placed insurance on more than 600,000 customers
National General Holdings Corp. and three subsidiaries wrongfully force-placed collateral protection insurance products on massive numbers of vehicles financed through Wells Fargo, according to the U.S. Justice Department......»»
Tesla to fix 1.7 million vehicles in China, says market regulator
Tesla will fix 1.7 million vehicles in China according to the state market regulator......»»
ITSM concerns when integrating new AI services
Let’s talk about a couple of recent horror stories. Late last year, a Chevrolet dealership deployed a chatbot powered by a large language model (LLM) on their homepage. This LLM, trained with detailed specifications of Chevrolet vehicles, was inten.....»»
EV delays, changing plans dim suppliers" financial outlooks
Suppliers said automakers' rapidly shifting electrification plans will weigh on their future earnings as they make fewer parts for electric vehicles than they were banking on......»»
U.S. expected to propose barring Chinese software in autonomous vehicles
The Biden administration plans to issue a proposed rule that would bar Chinese software in vehicles in the United States with Level 3 automation and above......»»
Intel"s grim forecast could concern automakers in wake of microchip crisis
Intel is a major supplier of semiconductors to the automotive industry, having supplied chips installed in more than 50 million vehicles. Intel says 18 automakers have vehicles with Intel chips on the road for use in their EVs and software......»»
NASA’s Lunar Gateway has a big visiting vehicles problem
"These defects could lead the flight computers to unexpectedly restart." Enlarge / A rendering of NASA's proposed lunar gateway. (credit: NASA) Do you remember the Lunar Gateway? You could be forgiven if not, as the prog.....»»
Federal Reserve leaves interest rates unchanged again
The Federal Reserve opted against changing its benchmark rate during its July meeting, attempting to restrict future inflation for consumers but leaving them receiving higher interest rates than they might like on financed purchases like vehicles......»»
Carvana Q2 net income swings to $48 million; revenue up 15%
The online used-vehicle retailer said it sold 101,440 used vehicles in the second quarter, up 33 percent from the year-earlier period......»»
Hyundai recalls about 50,000 vehicles over electrical wiring faults linked to airbag failures
Hyundai is recalling its 2024 Santa Fe gasoline and hybrid models in Canada and the U.S. because of electrical wiring faults that could cause airbags to deploy incorrectly or not at all, increasing the risk of injury in a crash......»»
Tesla software update fixes hood safety issue on 1.8M cars
Tesla has issued a software update for 1.85 million of its vehicles in the U.S. to fix a safety issue involving the hood......»»
Mike Brennan is new Gulf States Toyota COO
Brennan spent more than a decade distributing Toyota vehicles throughout states in the southeast......»»
Stellantis sues dealership to avoid spending $180 million to buy back fleet vehicles
Stellantis has taken a North Carolina dealership to court to avoid having to repurchase several thousand unsold fleet vehicles at a cost of about $180 million......»»
Tesla recalls 1.85 million vehicles over hood latching issue
Tesla has issued a recall for over 1.85 million vehicles after investigating reports about the hood opening unexpectedly. Tesla discovered that deformed latch switches could … The post Tesla recalls 1.85 million vehicles over hood latching issu.....»»
Pac-Man is the latest brand to try to talk to the kids in Roblox
There is now an official Pac-Man experience in Roblox, set up to push the brand to kids on the platform......»»
5 MCU pairings that deserve their own team-up movie like Deadpool & Wolverine
Which Marvel team-up should hit the screen together after Deadpool & Wolverine? We're sharing the names of the MCU heroes who deserve to share the spotlight......»»