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Penske Automotive resolves stock buyback lawsuit through voting agreement

Under the agreement, Roger Penske is giving up majority voting control of the auto retailer, while still getting a majority of dividends, a business expert said......»»

Category: topSource:  autonewsJan 26th, 2024

F&I data: Used EVs losing value faster than hybrids and gas-powered cars

A Cox Automotive analysis compares the value of used hybrid, electric and gasoline vehicles with their sticker price......»»

Category: topSource:  autonewsRelated NewsOct 23rd, 2024

UFC antitrust lawsuit: Judge approves $375 million settlement for former fighters

UFC antitrust lawsuit: Judge approves $375 million settlement for former fighters.....»»

Category: topSource:  marketingvoxRelated NewsOct 23rd, 2024

Shady drugmaker used code words to sell knockoff weight-loss drug: Lawsuit

After cease-and-desist letter, Pivotal Peptides allegedly sold mix-your-own tirzepatide as "11 mg." Amid ongoing legal battles over coveted GLP-1 therapies, a drug vendor in Washi.....»»

Category: topSource:  arstechnicaRelated NewsOct 23rd, 2024

Lawsuit: City cameras make it impossible to drive anywhere without being tracked

"Every passing car is captured," says 4th Amendment lawsuit against Norfolk, Va. Police use of automated license-plate reader cameras is being challenged in a lawsuit alleging tha.....»»

Category: topSource:  arstechnicaRelated NewsOct 22nd, 2024

Shady drugmaker used code words to sell knockoff weight-loss drug: lawsuit

After cease-and-desist letter, Pivotal Peptides allegedly sold mix-your-own tirzepatide as "11 mg." Amid ongoing legal battles over coveted GLP-1 therapies, a drug vendor in Washi.....»»

Category: topSource:  arstechnicaRelated NewsOct 22nd, 2024

Qualcomm Focuses on Automotive Features with its Snapdragon Ride and Cockpit Elite Platforms

Qualcomm wants to work with more auto brands using its new chips. The post Qualcomm Focuses on Automotive Features with its Snapdragon Ride and Cockpit Elite Platforms appeared first on Phandroid. While most Snapdragon fans have had their.....»»

Category: asiaSource:  phandroidRelated NewsOct 22nd, 2024

Tesla, Warner Bros. sued for using AI ripoff of iconic Blade Runner imagery

"That movie sucks," Elon Musk said in response to the lawsuit. Elon Musk may have personally used AI to rip off a Blade Runner 2049 image for a Tesla cybercab event after produce.....»»

Category: topSource:  arstechnicaRelated NewsOct 22nd, 2024

Qualcomm unveils powerful automotive chips that enable greater AI, ADAS capabilities

Qualcomm unveiled more powerful versions of its automated driving and digital cockpit platforms, delivering computing and AI performance several times greater than before......»»

Category: topSource:  autonewsRelated NewsOct 22nd, 2024

Qualcomm wants to power your next car with the Snapdragon Cockpit and Ride Elite platforms

Qualcomm is making deeper investments into the automotive industry through the new Snapdragon Cockpit Elite and Snapdragon Ride Elite platforms......»»

Category: topSource:  digitaltrendsRelated NewsOct 22nd, 2024

Musk sued over ‘Blade Runner’ imagery during robotaxi unveiling

Elon Musk has been sued over ‘Blade Runner’ imagery. The production company filed a lawsuit accusing Tesla CEO Elon Musk of copyright infringement, saying it specifically declined to grant permission to use the images......»»

Category: topSource:  autonewsRelated NewsOct 22nd, 2024

Forvia posts slightly lower Q3 sales, but wins new business from Chinese automakers

Forvia said it underperformed the local automotive production in China due to “customer mix evolution and start of productions delayed from 2024 to 2025.”.....»»

Category: topSource:  autonewsRelated NewsOct 21st, 2024

Longtime Ford supplier Dana explores sale of off-highway unit, report says

Any sale would leave Dana focused on passenger cars and trucks, making it potentially attractive for other automotive suppliers. .....»»

Category: topSource:  autonewsRelated NewsOct 20th, 2024

Hyundai Mobis, Zeiss push full-windshield holograph video display

Hyundai Mobis is teaming with optics specialist Zeiss to turn the entire windshield into a head-up video screen thanks to a downsized holographic projection system the South Korean automotive supplier hopes to put into production around 2027......»»

Category: topSource:  autonewsRelated NewsOct 19th, 2024

Top 5 stories of the week: Stellantis walks back work-from-home push; GM eyes virtual vehicle development

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsOct 18th, 2024

Nemak"s Q3"s net income takes a tumble

The automotive supplier faces challenges with labor costs and product pricing, along with restructuring efforts amid the transition to electric vehicles from internal combustion engines......»»

Category: topSource:  autonewsRelated NewsOct 18th, 2024

How Lenovo Is Powering Formula 1®— the world’s most technologically advanced sport

Formula 1® is one of the most advanced sports in the world, known for pushing the boundaries of automotive engineering, aerodynamics, and data analysis. Not only are cars constructed with cutting-edge materials using advanced aerodynamic research, t.....»»

Category: topSource:  digitaltrendsRelated NewsOct 18th, 2024

Rivian, Bosch point fingers in lawsuits over production woes

Rivian is locked in a legal fight with the world’s largest automotive supplier over motors in the R1 pickup truck and SUV as the electric vehicle maker grapples with ongoing production issues.  .....»»

Category: topSource:  autonewsRelated NewsOct 18th, 2024

Hyundai internship hopes to accelerate automotive media diversity

HBCU students at Florida A&M gain hands-on experience and networking opportunities to break into the automotive industry......»»

Category: topSource:  autonewsRelated NewsOct 17th, 2024

EV-maker Lucid expects to raise $1.67 billion from stock sale

EV-maker Lucid expects to raise $1.67 billion from a combined public offering and private placement of roughly 637 million shares......»»

Category: topSource:  autonewsRelated NewsOct 17th, 2024

1 Thing We"re Talking About: Collision repair group gets grant to help boost technician ranks

I-CAR, which provides automotive collision repair industry education and credentialing among other services, is now a national Registered Apprenticeship hub and received a grant from the U.S. Dept. of Labor to bolster the ranks of collision technicia.....»»

Category: topSource:  autonewsRelated NewsOct 17th, 2024