Electrification is a "marathon" not a sprint, Magna CEO says
Electrification is accelerating, but it will happen over time, said Swamy Kotagiri, CEO of Magna International......»»
Stellantis, Renault CEOs dismiss reports of merger
Stellantis CEO Carlos Tavares said a potential tie-up was 'speculation," while Renault CEO Luca de Meo said they were 'rumors." The French government holds a share in each company......»»
Stellantis hybrid sales in Europe constrained by transmission supply, Carlos Tavares says
The ramp-up of a dual-clutch transmission at factories in Italy and France is holding back sales of models with Stellantis' new 48-volt hybrid powetrain, which can cut emissions by up to 25 percent, CEO Carlos Tavares said......»»
Maserati"s stumbles due to marketing issues, Stellantis CEO Carlos Tavares says
Despite heavy financial losses and slumping vehicle sales, Maserati is sustainable but more needs to be done to position it as a pure luxury brand, Stellantis CEO Carlos Tavares said......»»
Stellantis CEO Carlos Tavares says too soon to confirm 2025 dividend
Shares slid nearly 4 percent to their lowest since July 2022 as investors fret that soaring costs of reviving the automaker's U.S. business will threaten its generous payouts to shareholders......»»
Tim Cook sells $50M worth of AAPL shares, but the timing is coincidental
Apple CEO Tim Cook has sold AAPL shares worth more than $50M at a time when the stock is close to an all-time high – but the timing is coincidental. The stock value broke $200 per share back in June, hitting a record $236 in July. There’s been.....»»
GM CEO Mary Barra back at No. 1 of Most Powerful Women in Business
Fortune recognized Mary Barra for steering General Motors through last year's UAW contract talks and strike while also improving the automaker's profitability and stock price......»»
Formula E’s Race to Get the Whole World Electrified
Since launching in 2014, the world’s premier EV racing series has made huge technological leaps and gained hundreds of millions of fans. But CEO Jeff Dodds won’t rest until every new car is electric......»»
“Obviously a failure”: Sonos execs not getting bonuses due to app fiasco
Sonos extends hardware warranties by a year as act of contrition. Sonos' controversial app update in May was "obviously a failure," Sonos CEO Patrick Spence told Reuters today. W.....»»
Sonos makes seven promises, including boosted warranties; customers seem unimpressed
Sonos has been struggling to regain the trust of its customers after its disastrous launch of a new version of the app. After initially doubling down on the new app, the company’s CEO later apologized for it, and he has now made seven promises a.....»»
Enhancing firewall management with automation tools
In this Help Net Security interview, Raymond Brancato, CEO at Tufin, discusses the considerations organizations must weigh when selecting a next-generation firewall to effectively balance security needs with network performance. What factors should o.....»»
GM, Magna-backed automotive software marketplace SDVerse opens
SDVerse, open to automakers, suppliers and relevant tech companies, is a marketplace designed to connect developers of automotive software with potential customers......»»
Hybrid RV with a solar roof can power your home in an emergency
The hybrid powertrain has a range of 500 miles. Enlarge / This is Thor and Harbinger's test bed for a new Class A hybrid RV. (credit: Thor) Electrification is moving through different parts of the automotive industry at.....»»
Headlamp tech that doesn’t blind oncoming drivers—where is it?
The US is a bit of a backwater for automotive lighting technology. Enlarge / No one likes being dazzled by an oncoming car at night. (credit: Getty Images) Magna provided flights from Washington, DC, to Detroit and a.....»»
Magna says AI-boosted thermal sensing is more effective, cuts back on false automatic emergency braking activations
Magna is pitching automakers on a new thermal sensing product that processes information with the assistance of artificial intelligence, which it says improves effectiveness and reduces the number of unexpected automatic emergency braking activations.....»»
Suppliers eye new contract terms, more collaboration to lessen EV risks
Executives at some of the world's biggest suppliers are rethinking how they manage risk as they deal with increased uncertainty on electrification......»»
Daily 5 report for Sept. 10: Magna pumps the brakes on a North American plant
With EV sales growth slowing, Magna says getting an automaker to commit long term is difficult......»»
Magna CEO says North American contract assembly plant unlikely amid heightened uncertainty
Magna is pumping the brakes on a potential North American vehicle assembly plant as the supplier signals a more cautious approach to its contract manufacturing business......»»
Yellowstone season 5, part 2 images unveiled, marathon scheduled for Labor Day weekend
With Yellowstone's return only a few short months away, the Paramount Network has unveiled the first images from season 5, part 2......»»
10 best true crime shows on Netflix right now (August 2024)
The best true crime shows on Netflix right now include American Murder: Laci Peterson, Griselda, American Manhunt: The Boston Marathon Bombing, and more......»»
Classic "Marathon Infinity" lands on Steam as a free Mac title
Bungie has finally brought all of the "Marathon" trilogy of games to Steam, with "Marathon Infinity" now playable for free on modern Macs.Marathon Infinite [Bungie, macOS]In May, Bungie started to bring Marathon to Steam, with the intention of bringi.....»»