Tavares says EV "sweet spot" is $25K, criticizes labor strikes as "destructive"
Stellantis CEO Carlos Tavares, who has warned that the middle class will be priced out of the EV market if automakers can't absorb the additional production costs they require, said the sweet spot for affordable EVs is "around $25,000.".....»»
Boeing shares rise after labor offer but analysts wary of worker pushback
Boeing shares rise after labor offer but analysts wary of worker pushback.....»»
AP PHOTOS: Images capture exact moments an Israeli missile strikes building in Beirut
AP PHOTOS: Images capture exact moments an Israeli missile strikes building in Beirut.....»»
EV shipments to Europe soar ahead of planned EU tariffs
Automakers from Asia’s biggest economy shipped 60,517 EVs to the 27 nations in the European trade bloc last month, up 61 percent from last year, according to customs data......»»
Hands-on with the 2024 iPad mini: Spot the differences
A quick look at what’s new in Apple’s tiny tablet. The iPad mini is a niche product, that much is clear. But for those who want an extra-small tablet, the launch of the sixth-.....»»
Mercedes-Benz opens its own recycling facility for EV batteries
Making new EV batteries from old EV batteries is a no-brainer. Today, Mercedes-Benz opened its first battery-recycling plant in Germany. The new plant will use an "integrated mech.....»»
Not just a surf wagon: Volkswagen has big plans for ID Buzz EV as its global robotaxi platform
Volkswagen's ID Buzz electric vehicle represents the company's global robotaxi platform. It's undergoing both hardware and software updates as the company works toward a 2026 launch of commercial service......»»
In wildfire-prone Oregon, grassland blazes are sapping state resources
Bert Siddoway heard the fire before he saw it, no seconds at all between the flash of lightning and the boom of thunder. The strike "shook the whole flipping town," he said, and immediately ignited a wildfire in a hard-to-reach spot in the hills abov.....»»
GM, Ford brace for investor scrutiny over Q3 pricing power, EV losses
GM is set to release its results for the July to September period on Oct. 22, while crosstown rival Ford will report on Oct. 28......»»
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......»»
How to spot AI deepfakes that spread election misinformation
Generative AI systems, such as ChatGPT, are trained on large datasets to create written, visual or audio content in response to prompts. When fed real images, some algorithms can produce fake photos and videos known as deepfakes......»»
The 2025 GMC Sierra EV Denali is $10K cheaper than the 2024 model
The 2025 GMC Sierra EV Denali has been announced, and it's thankfully a whole lot cheaper than the 2024 model -- without sacrificing things like range......»»
How GM is using AI to catch quality problems
An automated tool runs software simulations around the clock to spot glitches before the code is integrated into a vehicle......»»
CATL reports big miss in quarterly income as EV demand cools
Contemporary Amperex Technology Co. Ltd. reported quarterly net income well short of analyst estimates as the global slowdown in electric vehicle sales starts to bite. While net income for the third quarter ended Sept. 30 rose 26 percent to 13.1 b.....»»
How extreme weather and costs of housing and insurance trap some households in a vicious cycle
Climate change is increasing the risk of extreme weather events for Australian households. Floods and bushfires are becoming more likely and severe. As a result, household insurance costs are soaring—tripling in some cases. High-risk areas might ev.....»»
Microsoft lost some customers’ cloud security logs
Microsoft has lost several weeks of cloud security logs that its customers rely on to spot cyber intrusions. What happened As reported by Business Insider earlier this month, Microsoft privately notified affected customers of this incident and told t.....»»
Ford paying dealers to take F-150 Lightnings from new EV distribution centers
Dealers can make $22,500 by ordering 15 F-150 Lightnings from regional EV distribution centers designed to reduce carrying costs and give customers quicker access to more inventory......»»
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......»»
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.....»»
Fresh GM models, Tesla Cybertruck help boost U.S. EV registrations 18%, latest data shows
Tesla remained the top EV maker, but its market share fell to 46 percent in August from 51 percent a year earlier as legacy brands such as Chevrolet, Honda and Kia chipped away at its commanding lead......»»
Moonlight may hamper views of the Orionid meteor shower, debris of Halley"s comet
The Orionids—one of two annual meteor showers from Halley's comet—peak early Monday. A bright waning moon may make them difficult to spot......»»