Incentive spending cuts likely for Detroit 3 amid strike
The UAW strike will prompt Ford, General Motors and Stellantis to pare back incentive deals for car shoppers, according to J.D. Power and Edmunds analysts. However, incentives are already low industrywide......»»
Washington state rolls out generous EV incentive program, especially on leases
Under the incentive program, eligible residents would receive up to $9,000 for a new EV lease of three years or more......»»
Rocket Report: SLS workforce cuts; New Glenn launch to launch in the early fall
"This is a vital component in our preparations for launch." Enlarge / The flight hardware core stage for Europe’s new rocket, Ariane 6, is moved onto the launch pad for the first time this week. A launch is possible some time t.....»»
New GM North America chief Marissa West has deep ties to automaker
While growing up, General Motors' first female North American president would collect brochures at the Detroit auto show and pretend to run her own dealership......»»
Mobileye quarterly loss widens, revenue plunges as chip orders decline
Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory. .....»»
US announces sweeping cuts to power sector carbon emissions
President Joe Biden's government on Thursday finalized sweeping plans to curb planet-warming emissions from the nation's fossil fuel plants as part of the United States' efforts to confront the climate crisis......»»
Honda spending $11B on EV assembly, battery output in Canada, reports say
The company’s leadership will be joined by a wide range of government officials, including Canadian Prime Minister Justin Trudeau and Ontario Premier Doug Ford, for the announcement......»»
GM"s Marissa West looks to connect with retailers as she oversees North American operations
While growing up, General Motors' first female North American president would collect brochures at the Detroit auto show and pretend to run her own dealership......»»
Political "color" affects pollution control spending in the US, new study finds
A new study led by the University of East Anglia (UEA) shows how firms in the United States behave differently depending on the political party in charge—even if they do not change policies......»»
CEO Mary Barra"s pay declined 3.9% to $27.8 million as GM missed stock targets
After eight consecutive years as the highest-paid Detroit 3 CEO, Barra's compensation trailed the $39 million Stellantis shareholders approved for Carlos Tavares......»»
Argentine students protest funding cuts to public universities
Tens of thousands of Argentine university students took to the streets Tuesday to protest cuts to higher public education, research and science under budget-slashing new President Javier Milei......»»
Kuo: Apple cuts Vision Pro shipments, now ‘reviewing and adjusting’ headset strategy
Apple has slashed its shipping estimates for Vision Pro, according to a new Ming-Chi Kuo analyst report. Kuo says that Apple is now targeting shipments between 400,000 and 450,000 units for Vision Pro this year. This is down from the initial market c.....»»
Seating supplier Adient plans European job cuts as part of restructuring plan
Adient is cutting jobs in Europe and transferring other roles to countries with lower labor costs, becoming the latest parts maker to eliminate positions in the region......»»
South Dakota dealership fixes Chevy Impala for free after woman scammed by repair shop
After spending months trying to get her Chevy Impala back from a garage that abruptly closed, a Seattle woman was finally reunited with the car and had the $4,000 repair bill waived......»»
Stellantis lays off 199 at Ram 1500 plant in suburban Detroit
The layoffs in Sterling Heights, Mich., took effect Monday as the automaker continues to trim its head count......»»
Tesla cuts marketing team a year after Elon Musk said it will try advertising
Tesla slashed a newly formed marketing team as part of companywide layoffs, reversing course from a traditional advertising push that CEO Elon Musk greenlighted less than a year ago......»»
Kia gives $7,500 incentive for EV9 sales until production moves to U.S.
Kia America is giving buyers of its EV9 $7,500 to match the amount buyers recoup from a federal tax credit on electric vehicles that are not imported......»»
Best Buy kicks off new M3 MacBook Air sale, blowout M2 deals up to $400 off still available
After a weekend round of closeout MacBook Air price cuts, Best Buy is starting the week with fresh discounts on the latest M3 models.Triple-digit savings are in effect on Apple's newly released M3 MacBook Air at Best Buy this Monday, with prices drop.....»»
TikTok fears point to larger problem: Poor media literacy in the social media age
The U.S. government moved closer to banning the video social media app TikTok after the House of Representatives attached the measure to an emergency spending bill on Apr. 17, 2024. The House voted on each of the four components of the bill, and the.....»»
Tesla cuts Full Self Driving cost by 1/3 ahead of earnings call
With the Model 2 cancelled, FSD is more important to Tesla than ever. Enlarge / Tesla's "Full Self Driving" system just got a third cheaper. (credit: Edie Leong for The Washington Post via Getty Images) Tesla has dropped.....»»
Tesla cuts the price of Full Self Driving option from $12,000 to $8,000
With the Model 2 cancelled, FSD is more important to Tesla than ever. Enlarge / Tesla's "Full Self Driving" system just got a third cheaper. (credit: Edie Leong for The Washington Post via Getty Images) Tesla has dropped.....»»