Tag: Automakers
Tesla Q3 2022 earnings preview: What to look out for
Tesla is set to release its third-quarter earnings on October 19, and Trefis analysts predict revenues to land at an all-time quarterly high of...
Mercedes-Benz and Microsoft partner up to boost production efficiency using cloud...
This week, Mercedes-Benz and Microsoft announced a partnership that will use Microsoft Cloud as a data platform to improve production efficiency at over 30...
Hyundai plans to modify vehicle software to support over-the-air updates by...
At Hyundai Motor Group's global forum dubbed "Unlock the Software Age," the Korean automaker announced plans to transform its entire lineup of vehicles into...
Honda, LG choose Ohio for new $4.4 billion EV battery plant
A new production facility jointly owned by Honda Motor and LG Energy Solutions finally has a future location. This week, the companies announced plans...
General Motors launches new energy business to expand electric power solutions
General Motors unveiled its new business unit, GM Energy, and outlined plans to use the unit as a conduit for finding solutions to existing...
JPMorgan Chase CEO Jamie Dimon predicts US recession in 6 to...
JPMorgan Chase CEO Jamie Dimon made predictions about a future economic recession while speaking to CNBC's Julianna Tatelbaum on Monday. Dimon said a "very...
Auto credit access expanded in September — Dealertrack
Cox Automotive released its Dealertrack Credit Availability Index for the month of September, showing that access to auto credit expanded for the first time...
IIHS Study: Many drivers using partially automated vehicles treat them as...
A new report from the Insurance Institute for Highway Safety (IIHS), an industry-funded group working to convince automakers to create safer vehicles, found that...
Rivian shares tumble after recalling 13,000 vehicles
Rivian saw its shares drop about 7% in pre-market trading on Monday after the California-based electric vehicle maker was forced to recall almost all...
UBS downgrades Ford, GM stock, expects consumer demand to wane
According to UBS, the largest vehicle manufacturers in the US are likely to face difficult times in the coming months, as consumers continue to...