Auto Industry News
Musk Delivers First Tesla Truck, But No Update On Output, Pricing
Tesla CEO Musk delivered the company's first heavy-duty Semi to PepsiCo without offering updated forecasts for the truck's pricing, production plans or how much cargo it could haul.
Apple Scales Back Self-Driving Car, Delays Launch To 2026: Report
Dec 31, 2022 05:43 PM
The company's automotive efforts, known as Project Titan, have proceeded unevenly since 2014, when it first started to design a vehicle from scratch.
Volkswagen To Refocus On Raising Productivity, Warns Of Challenging 2023 - Finance Chief
Dec 31, 2022 05:43 PM
The carmaker is targeting margin parity between electric and combustion engine cars in next 2-3 years
Tesla To Run Reduced Output In Shanghai In January, Plan Shows
Dec 31, 2022 05:43 PM
Tesla will run production for 17 days in January between Jan. 3 to Jan. 19 and will stop electric vehicle output from Jan. 20 to Jan. 31 for an extended break for Chinese New Year
Oil Prices Climb On Easing China COVID-19 Curbs, Concerns Over U.S. Storm Impact
Dec 31, 2022 05:43 PM
Oil prices rose to three-week highs on Tuesday as China's latest easing of COVID-19 restrictions raised fuel demand hopes and concerns that winter storms across the United States are affecting energy production
Uber, Motional Launch Robotaxi Service In Las Vegas
Dec 31, 2022 05:43 PM
The launch is part of a non-exclusive 10-year agreement between both the companies for driverless vehicles, with a rollout in Los Angeles expected to follow.
Tesla To Shorten Shanghai Shifts, Delay Hiring - Report
Dec 31, 2022 05:43 PM
Tesla's Shanghai plant is grappling with elevated inventory levels amid slowing demand in China's auto market.
German Car Giants And Asian Battery Kings: A Match Made In Hungary
Dec 31, 2022 05:43 PM
Investment in the Hungarian auto industry is being dominated by three countries - Germany, a champion carmaker, plus China and South Korea, EV battery leaders way ahead of European rivals.
U.S. Lawmakers Want Buttigieg To Speed Deployment Of Connected Vehicles
Dec 31, 2022 05:42 PM
The lawmakers were critical of the Federal Communications Commission (FCC), which in 2020 shifted much of a key spectrum block set aside for auto safety to accommodate the burgeoning number of wireless devices.
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