Xiaomi has Already Sold more than 7,000 Cars
The sales figures were publicly announced by company CEO Lei Jun. The post Xiaomi has Already Sold more than 7,000 Cars appeared first on Phandroid. After a recent announcement regarding its projected EV sales numbers for 2024, Chinese man.....»»
Used EV prices are falling quicker than those of gas cars, and that’s good
Used EV prices are dropping, and quick. That, however, isn't necessarily indicative of their quality. And ultimately, it's probably a good thing......»»
Why are threat actors faking data breaches?
Earlier this year Europcar discovered a hacker selling info on its 50 million customers on the dark web. The European car rental company immediately launched an investigation, only to discover that the data being sold was completely doctored, possibl.....»»
Ferrari"s electric supercar plant will boost flexibility, shorten development times
Ferrari's new plant will build ICE cars alongside the automaker's $534,000 all-electric supercar......»»
Tesla has teased three new cars — but what are they?
Tesla is prepping some new vehicles. At a shareholder event, the company showed off a slide with three mystery vehicles. But what are those mystery cars?.....»»
Toyota Group suppliers Denso, Aisin scale back cross-shareholdings, filing shows
Denso had sold off its stakes in Toyota Boshoku, Toyota Tsusho, Toyoda Gosei and Hino Motors. Aisin also reduced its stakes in those companies to zero......»»
U.S. House Appropriations Committee OKs budget bill with CARS Rule ban
The U.S. House Appropriations Committee's approval gives the Federal Trade Commission $388.7 million in funding but blocks the agency from using that money to roll out or enforce the CARS Rule on auto dealerships......»»
Fisker is out of cash, not making cars, and filing for bankruptcy
No word on parts, warranty, or, most crucially, software updates in the future. Enlarge / Car designer Henrik Fisker poses with a Fisker Ocean at the Salvation Army California South Division's annual Sally Awards in June 2022. (c.....»»
FTC jumped the gun with CARS Rule, dealer groups tell court
The National Automobile Dealers Association and Texas Automobile Dealers Association are continuing to press the argument the Federal Trade Commission jumped the gun and failed to follow proper rulemaking process with its new dealership regulations......»»
Stellantis, once a champion of working from home, brought engineers back to office
Stellantis approved remote work in recent years, and in the process drastically reduced office space and sold real estate assets. Labor unions have criticized the intensity of the push......»»
Dealership group shuttles used cars among stores to boost selection for buyers
A New England dealership group shares its used cars among its stores and can deploy employees to shuttle them to potential buyers at stores within its network......»»
Ex-Volvo Cars Americas chief Anders Gustafsson"s second act: Revive Polestar"s North America business
Gregor Hembrough, who launched Polestar's North America business in the midst of the pandemic, will leaves for a global sales role with the automaker......»»
Chevrolet elevates Tony Roma to lead Corvette development
Tony Roma, chief engineer of the electric Cadillac Celestiq ultraluxury sedan, will take over July 1 as executive chief engineer for GM's new global Corvette and performance cars team, succeeding the retiring Tadge Juechter......»»
Researchers investigate presence of endangered sea cucumbers for sale in NYC food markets
After surveying food market retailers in three New York City Chinatown districts, Cornell researchers have found genetic evidence that some endangered species of sea cucumbers—considered a pricey but nutritious dried delicacy—are being sold to co.....»»
Almost 40% of U.S. EV buyers want to go back to combustion engine cars, McKinsey study says
A McKinsey & Co. survey ranks inadequate charging infrastructure as the top concern among EV owners, many of whom say they will go back to ICE vehicles......»»
Drone test of planetary landing radar
This drone took to the sky over Finland to assess the suitability of one particular terrestrial technology for space: the radar systems found in many of today's cars, responsible for automated cruise control and other safe driving functions......»»
EU to impose tariffs of up to 38% on Chinese EVs
China has signaled it’s ready to retaliate, threatening measures across agriculture, aviation and cars with large engines......»»
China state hackers infected 20,000 Fortinet VPNs, Dutch spy service says
Critical code-execution flaw was under exploitation 2 months before company disclosed it. Enlarge Hackers working for the Chinese government gained access to more than 20,000 VPN appliances sold by Fortinet using a crit.....»»
Oldest privately owned book sells for £3mn at UK sale
The world's oldest book in a private collection, and one of the earliest books in existence, sold at auction in London on Tuesday for more than £3 million......»»
Security firm Cylance says it has been hacked, data put up for sale online
The data being sold for $750,000 includes millions of email addresses......»»
Ky. appeals court reinstates $100,000 damage award against Ford dealership
The Kentucky Court of Appeals has reinstated a $100,000 punitive damage award against a Lexington dealership that failed to disclose a pickup it sold as new was previously damaged while an employee was driving it......»»