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Auto · 29 Apr 2022
Subaru Says Suspends Shipment Of Some Models Over Engine Sensor Malfunction
Subaru has not decided whether to recall the cars and it would likely take 2-1/2 months before shipment is resumed.
Auto · 29 Apr 2022
Goldman Sachs, Morgan Stanley To Lead Intel’s Mobileye IPO
The amount to be raised in the IPO could not be learned and the sources requested anonymity because details of the IPO preparations are confidential.
Auto · 29 Apr 2022
Ford Inks Argentina Lithium Supply Deal With Lake Resources
General Motors Co, BMW, Stellantis NV and other Ford rivals have inked supply deals of their own with companies planning to use DLE technology.
Auto · 29 Apr 2022
Thailand Approves Enhanced Incentives To Boost EV Use
Smaller charging stations will now be eligible for three-year tax benefits, an extra incentive on top of a five-year corporate income tax exemption available to investments in charging…
Auto · 29 Apr 2022
Ford, GM Shares Jump As Electric Truck Battle Heats Up
Ford's stock jumped more than 11% to its highest level since 2001 after the Detroit automaker said it will nearly double production capacity for its red-hot F-150 Lightning…
Auto · 29 Apr 2022
Musk Says Tesla To Accept Dogecoin For Merchandise
The move, which sent dogecoin prices 14% higher, comes a month after Musk said Tesla would test out the digital token as a payment option.
Auto · 29 Apr 2022
GM Challenges Carvana With CarBravo Online Used Car Marketplace
GM's CarBravo site will aggregate vehicles owned by Chevrolet, Buick and GMC dealers, as well as cars and trucks that GM Financial controls after taking them back from…
Auto · 29 Apr 2022
Formula E Reveals Gen3 Electric Race Car
Formula E says the new car takes design inspiration from of a fighter jet, specifically designed for wheel-to-wheel racing on high-speed street circuits. The Gen3 race car will…
Auto · 28 Apr 2022
Zypp Electric Appoints Sameer Baweja As Senior VP To Head Technology And Product Vertical
As Senior Vice President to lead Technology and Product vertical at Zypp, Sameer Baweja will strategies Zypp's upcoming operations and technological innovation to build last-mile EV solutions in…
Auto · 28 Apr 2022
Taiwan’s UMC Offers Bullish Outlook On Strong Chip Demand
UMC, whose clients include Qualcomm Inc and Germany's Infineon, has like other chipmakers benefited from a global shortage of semiconductors that have filled its order books.