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Lucid, Nikola and Lordstown Motors miss EV goals by big margins

Lucid, Nikola and Lordstown, three EV startups that went public by merging with SPACS, all came up well short of their original goals for 2022......»»

Category: topSource:  autonewsFeb 24th, 2023

Baltimore bridge collapses after ship collision; auto shipping hub operations face disruption

The port handles imports and exports for major automakers including Nissan, Toyota, General Motors, Volvo, Jaguar Land Rover and the Volkswagen group — including luxury models for Audi, Lamborghini and Bentley......»»

Category: topSource:  autonewsRelated NewsMar 26th, 2024

How mobile apps can boost conservation and help communities in the Global South

A team of researchers from Northern Arizona University has highlighted how mobile technology and apps can enable more inclusive achievement of global conservation goals......»»

Category: topSource:  informationweekRelated NewsMar 26th, 2024

New GM aftersales VP Dave Marsh aims to improve customer, employee experiences

Dave Marsh was promoted to global vice president of Customer Care and Aftersales at General Motors as of Feb. 1......»»

Category: topSource:  autonewsRelated NewsMar 25th, 2024

EV maker Lucid signs deal to raise $1 billion from Saudi"s PIF affiliate

The Saudi PIF has a 60 percent stake in the EV maker and will be able to convert the preferred stock into about 280 million shares......»»

Category: topSource:  autonewsRelated NewsMar 25th, 2024

Study of car lenders shows AI could mitigate bias and open lending to marginalized customers

Lenders operating in indirect retail channels such as car dealerships could improve their profit margins by over a third by using artificial intelligence to support the retailers' salespeople rather than rely on salespeople alone to price loans at th.....»»

Category: topSource:  physorgRelated NewsMar 22nd, 2024

Lordstown Motors CEO settles with SEC over statements

Ex-Lordstown Motors Corp. Stephen Burns settled with the U.S. Securities and Exchange Commission on Friday over his statements about demand for the electric vehicle maker's flagship truck, the Endurance......»»

Category: topSource:  autonewsRelated NewsMar 22nd, 2024

GM stops sharing driver data with brokers amid backlash

Customers, wittingly or not, had their driving data shared with insurers. Enlarge (credit: Aurich Lawson | Getty Images) After public outcry, General Motors has decided to stop sharing driving data from its connected car.....»»

Category: topSource:  arstechnicaRelated NewsMar 22nd, 2024

Honda to trim U.S. dealer profit margins

The company is also making some reductions and changes in marketing, advertising and service payments as it adjusts spending for the shift to electric vehicles......»»

Category: topSource:  autonewsRelated NewsMar 22nd, 2024

Here"s where GM robotaxi unit Cruise stands

For those catching up, this is a synopsis of what happened with General Motors robotaxi unit Cruise and where the company stands today......»»

Category: topSource:  autonewsRelated NewsMar 21st, 2024

Google DeepMind"s New AI Model Can Help Soccer Teams Take the Perfect Corner

TacticAI, a soccer AI model created by Google DeepMind, makes predictions about where corners will go, and suggests tweaks to make goals more—or less—likely......»»

Category: gadgetSource:  wiredRelated NewsMar 19th, 2024

Molecular crystal motors move like microbes when exposed to light

At first glance, Rabih O. Al-Kaysi's molecular motors look like the microscopic worms you'd see in a drop of pond water. But these wriggling ribbons are not alive; they're devices made from crystallized molecules that perform coordinated movements wh.....»»

Category: topSource:  physorgRelated NewsMar 19th, 2024

DeepMind Is Helping Soccer Teams Take the Perfect Corner

A soccer AI model created by Google DeepMind makes predictions about where corners will go, and suggests tweaks to make goals more or less likely......»»

Category: gadgetSource:  wiredRelated NewsMar 18th, 2024

Honda Canada to slash dealer margins by up to 44%, several dealers say

Honda Canada would not confirm the details nor address questions about the changes to margin for its close to 250 dealers across the country. In a statement, the company said it does not “share the details of our business relationship with our deal.....»»

Category: topSource:  autonewsRelated NewsMar 18th, 2024

Hertz’s CEO to step down as car renter unwinds EV bet; former GM exec taking top role

Hertz is replacing its CEO with Gil West, the former COO of General Motors’ Cruise robotaxi unit......»»

Category: topSource:  autonewsRelated NewsMar 18th, 2024

Hertz’s CEO to step down as car renter unwinds EV bet

Hertz is replacing its chief executive officer with Gil West, the former COO of General Motors’ Cruise robotaxi unit......»»

Category: topSource:  autonewsRelated NewsMar 16th, 2024

GM puts 2 newcomers in pivotal roles

General Motors hired Jens Peter Clausen, formerly of Tesla, to lead global manufacturing, while Baris Cetinok, who has worked at Apple and Microsoft, will lead its software and services team on an interim basis......»»

Category: topSource:  autonewsRelated NewsMar 15th, 2024

Improving education and human security for vulnerable refugee children

"Access to education" is recognized as a fundamental human right and is listed as one of the United Nations' sustainable development goals to achieve by 2030. Quality education unlocks opportunities and gives individuals the freedom to make livelihoo.....»»

Category: topSource:  physorgRelated NewsMar 14th, 2024

SAIC-GM vehicle shipments drop in first 2 months

SAIC-General Motors, GM’s passenger-vehicle joint venture with SAIC Motor Corp., lost more market share in China in the first two months of 2024, with wholesale deliveries dropping 60 percent to 49,500. .....»»

Category: topSource:  autonewsRelated NewsMar 14th, 2024

Energy Department spending $750 million to boost hydrogen, and GM will share

The 52 hydrogen projects are designed to accelerate adoption of clean hydrogen as a viable energy source. General Motors and Bosch are among the companies receiving funding......»»

Category: topSource:  autonewsRelated NewsMar 14th, 2024

Supercharging fuel cells with caffeine

With global goals set on transitioning away from fossil fuels, fuel cells stand out as a promising carbon-free energy source. Comprising an anode and a cathode separated by an electrolyte, fuel cells convert the chemical energy of fuel directly into.....»»

Category: topSource:  physorgRelated NewsMar 14th, 2024