LIFO tax relief bill for dealers to be reintroduced in House
House sponsors plan to reintroduce the Supply Chain Disruptions Relief Act, which would give dealerships up to three years to replace their inventory before having to pay taxes on inventory sales from 2020 or 2021......»»

Acer launches in-house developed smart e-bike
Acer has launched an in-house developed smart e-bike, the Acer ebii, featuring Acer's ebiiAssist AI technology to improve the riding experience......»»
Apple TV+ "Ted Lasso" cast to visit White House to promote mental health
Jason Sudeikis and the cast behind the Apple TV+ hit comedy "Ted Lasso" will be meeting President Joe Biden and First Lady Jill Biden on Monday, to promote mental health and well-being.Announced late on Sunday, the visit will see the on-screen stars.....»»
Baidu"s ERNIE Bot reportedly turning to Nvidia"s A800 GPUs
Following the official unveiling of ERNIE Bot, Baidu's answer to ChatGPT, Baidu CEO Robin Li mentioned that the company's in-house Kunlun chip is only suitable for large-scale model inference, but in the future it will move towards AI model training......»»
Sorrow in Peru as mudslides destroy homes
One mudslide after another finally destroyed the house of Elvis Palomino in Chaclacayo, east of Peru's capital Lima, where others are stacking sandbags they hope will save them from a similar fate......»»
Macroblock cuts into China EV supply chain
Macroblock, an LED driver IC design house, has cut into the supply chain of the Chinese electric vehicle (EV) OEM market with its offering of miniLED backlight driver ICs, according to industry sources......»»
Miss. governor signs bill putting new restrictions on how EV-only manufacturers can sell
The law grandfathers in an existing Tesla location, according to the Mississippi Automobile Dealers Association......»»
Drought over? Spring outlook finds relief—and flood risk
Record snowfall and rain have helped to loosen drought's grip on parts of the western U.S. as national forecasters and climate experts warned Thursday that some areas should expect more flooding as the snow begins to melt......»»
Apple might be spared US antitrust investigations in 2023
Despite some pending bipartisan legislation, Republicans in Congress might give Apple a pass on potential antitrust cases in 2023, to focus on other tech issues.GOP-led House might shift prioritiesApple has faced various antitrust investigations for.....»»
29 Ford dealers drop out of EV program after changes
Dealers in North Carolina are the latest group to file a legal challenge against Ford over the program, following similar actions in New York and Illinois......»»
Lawmakers authorize $585 million for Ford, Gotion, Our Next Energy EV battery plants in Michigan
LANSING — Lawmakers on Wednesday authorized the transfer of $585 million in state funding to support three new multibillion-dollar electric vehicle battery factories in Michigan. The Democratic-led House Appropriations Committee supported the in.....»»
Brisk EV on path to become Telangana"s first in-house E2W manufacturer
Scooter use is surging as people grow more interested in electro-mobility and micro-mobility. Coming along with electric micro-mobility is an increasing appreciation of the flexibility and ease of driving a scooter. For those still weighing the pros.....»»
Two new companies want a piece of Apple"s 5G modem business
Two firms are reportedly competing to handle the final packaging of Apple's in-house 5G modem for future iPhone models.Apple currently uses 5G modems supplied by Qualcomm, with that partnership expected to end with the 2023 iPhone 15 lineup. After ye.....»»
IC verification labs see demand pick up for system vendors" self-developed chips
The efforts of system device vendors to develop new chips in-house have been stalled since the third quarter of 2022, but they have recently resumed their "acceleration track," according to sources at IC analysis and verification labs......»»
Dead Island 2 takes aim at Los Angeles culture, the rich, and influencers
We went hands-on with Dead Island 2 and stumbled into an apocalyptic TikTok hype house......»»
VW picks Canada for first North American battery cell plant
The automaker and its in-house battery subsidiary PowerCo on Monday announced the landmark investment in the southwestern Ontario city midway between Toronto and Windsor......»»
T-Rex skeleton to go under hammer in Switzerland
A Tyrannosaurus-Rex skeleton dating back 67-million years will be auctioned in Switzerland next month, marking the first such sale in Europe, the auction house said Saturday......»»
How dealers can counteract growing threat of fraud
Despite the growing sophistication of fake IDs, there are warning signs dealership employees can look for to avoid selling vehicles to fraudulent buyers......»»
Kentucky Ford dealership provides 2nd chances
James Collins Ford has employed more than 50 men from the Beacon House, a transitional living facility, and trained them to become technicians or salespeople......»»
Congressman confronts FBI over “egregious” unlawful search of his personal data
Section 702 unlikely to be reauthorized without reforms to protect US citizens. Enlarge / Rep. Darin LaHood (R-Ill.) (credit: Bill Clark / Contributor | CQ-Roll Call, Inc.) Last month, a declassified FBI report revealed.....»»
Nissan"s electric comeback stalled by Ariya production woes
Dealers have stopped taking reservations for the Ariya as new assembly techniques slow down production of the car designed to put the automaker on the road to a comeback......»»