GM’s earnings dragged down by Chevy Bolt recall
The twice-issued recall for 2017 to 2019 Chevrolet Bolt electric vehicles cost General Motors $800 million, the company said in its second quarter earnings statement Wednesday. Costs associated with fixing defective Bolt batteries make up the lion’.....»»
Swedish EV maker Polestar confirms delay in Q1 earnings report
Swedish EV maker Polestar confirms it is delaying its Q1 earnings report. The company first needs to file its annual report for the year ended December 2023......»»
Windows’ new Recall feature: A privacy and security nightmare?
Microsoft has announced the Copilot+ line of Windows 11-powered PCs that, among other things, will have Recall, a feature that takes screenshots every few seconds, encrypts them, saves them, and leverages AI to allow users to search through them for.....»»
Microsoft debuts AI-focused PCs it claims outpace M3 MacBook Air, new Surface Pro to rival M4 iPad Pro
Today Microsoft unveiled a new lineup of PCs centered around AI, complete with advanced AI-driven features like Recall, a tool that keeps track of everything you’ve ever done on your screen so you can easily revisit it later. Microsoft was espec.....»»
New Windows AI feature records everything you’ve done on your PC
Recall uses AI features "to take images of your active screen every few seconds." Enlarge / A screenshot of Microsoft's new "Recall" feature in action. (credit: Microsoft) At a Build conference event on Monday, Microsoft.....»»
NHTSA ends safety probe into 50,000 Tesla Model X crossovers after seat belt recall
U.S. auto safety regulators are ending a safety probe into 100,000 Model X vehicles after the automaker issued a recall to remedy concerns over the front seat belt suddenly detaching......»»
NHTSA investigates 50,000 VW ID4 recall for unexpected door opening
U.S. auto safety regulators are investigating Volkswagen Group's handling of a 2023 recall after reports of doors opening while vehicles were in motion......»»
GM, LG reach $150 million settlement over Chevrolet Bolt EV battery fires, recall
General Motors and LG Energy Solution have reached a $150 million settlement over Chevrolet Bolt EV battery fires. The deal would give owners of recalled Bolts $700 or $1,400, depending on whether they had their EV battery replaced......»»
GM, LG reach $150M settlement over Chevrolet Bolt EV battery fires, recall
GM and LG have reached $150M settlement over Chevrolet Bolt EV battery fires. The deal would give owners of recalled Bolts payments of $700 or $1,400, depending on whether they have had their EV battery replaced......»»
How "ethical influencers" engage their audiences about saving the planet
Have a quick think back to the last time you scrolled through social media. Maybe it was this morning, last night or a few minutes ago. What do you recall? One thing you're bound to remember is the continuous stream of influencers showing off their l.....»»
Ex-Alabama coach Nick Saban dragged into UAW"s fight to unionize Mercedes plant
Saban, a co-owner in seven Mercedes-Benz dealerships, said his comments about college football unionization were used out of context in a pro-UAW ad......»»
Linamar"s Q1 earnings an "excellent" start, but CEO warns of delays to EV programs
Canadian auto supplier Linamar recorded double-digit growth on both its top and bottom lines in the first quarter of 2024 as volumes bounced back from a slow comparable period a year earlier......»»
Top 5 stories of the week: Earnings from Rivian, Toyota and Nissan; GM"s fleet strategy
A quick look at the top automotive stories of the week as determined by reader interest......»»
4 big takeaways from Rivian"s Q1 earnings report
Rivian reported a $1.45 billion net loss in the first quarter, higher than a year earlier. But it also laid out a roadmap for slashing production costs and launching a more affordable EV in 2026......»»
U.S. agency raises safety concerns on Ford crossover fuel leak recall
The National Highway Traffic Safety Administration (NHTSA) said last month it was investigating the adequacy and safety consequences of Ford's proposed recall remedy for 2022-2023 model year Bronco Sport and 2022 Ford Escape SUVs with 1.5L engines......»»
t:connect iOS app for insulin pump could kill users, says FDA
Version 2.7 of the t:connect iOS app – which is used to control delivery of insulin by the t:slim X2 pump – has been urgently recalled by the FDA. The FDA issued a Class I recall, which is reserved for products likely to cause “serious adver.....»»
5 key takeaways from Toyota"s record earnings report
Under first-year CEO Koji Sato, Toyota reported a blockbuster fiscal year of records, from sales to profits. Here are five top takeaways from the automaker's earnings conference......»»
GM ending Chevy Malibu production to retool Kan. plant for Bolt EV
Starting in late 2025, Fairfax Assembly will build both the gasoline-powered Cadillac XT4 and the Chevrolet Bolt EV on the same assembly line......»»
Earnings at Continental, Vitesco slump in Q1, mirroring broader auto declines
Continental swung to a loss amid delays in new programs, lower production volumes in Europe, and salary and wage inflation......»»
Mitsubishi eyes U.S. market EV from Nissan as North America takes center stage
Mitsubishi CEO Takao Kato books record operating income and says North America has swapped places with Southeast Asia to become its earnings engine......»»
CEO Koji Sato reloads for long-term growth after leading Toyota to record profit, sales, production
Toyota reports across-the-board record results in its just-ended fiscal-year, but it warns earnings will retreat in the current year......»»