Auto
Tesla Sells Just One Vehicle in South Korea in January Amid Challenges
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Tesla Shares Plummet Amid Corporate Fleet Challenges and Market Pressures
"Tesla's stock price has been under significant pressure recently, experiencing a sharp decline of approximately 7% during trading hours, contributing to a cumulative drop of 30% since the beginning of the year. -
Tesla Initiates Recall to Update 2.2 Million Vehicles After Font Size Flaw Detected
"Tesla Inc. is initiating a recall for 2.2 million vehicles across the United States due to an issue identified with the font size of the warning lights on the vehicle's display, which federal safety regulators have deemed too small to ensure safe driving.
The Latest
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UAW Announces Major Milestone in Organizing Drive at Volkswagen's Chattanooga Plant
Volkswagen workers at the company's Chattanooga, Tennessee plant have filed a petition with the National Labor Relations Board for a vote to join the United Auto Workers (UAW). -
Honda and Nissan Forge Partnership to Accelerate Electric Vehicle Development to Chase Chinese Rivals
Honda Motor Co. and Nissan Motor Co. announced a collaborative effort to advance electric vehicle (EV) and intelligent technology development. This historic partnership marks a departure from the traditional rivalry between Japan's second and third-largest automakers, as they join forces to navigate the rapidly evolving EV sector. -
Toyota Leads Japan's Biggest Wage Hikes in 25 Years, Paving Way for BOJ Policy Shift
Toyota Motor has agreed to give its factory workers their biggest pay increase in 25 years. -
Xiaomi Set to Enter EV Market with SU7 Launch, Aims for Global Top Five
Xiaomi is making a bold entry into the electric vehicle (EV) sector with the launch of its first model, the SU7, on March 28. -
Your Car May Be Secretly Recording Your Driving Habits and Sharing Data with Insurance Companies, Leading to Higher Car Insurance Rates
Internet-connected vehicles are gathering data on driving habits and sharing that information with data brokers, which in turn work with insurance companies to create personalized coverage, according to a recent report from The New York Times. This practice has raised concerns about privacy and the potential for increased insurance costs for consumers.
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Nio Faces Uphill Battle with $2.9 Billion Loss as China's EV Sector Gets More Competitive
Nio Inc., the Shanghai-based electric vehicle (EV) manufacturer, is grappling with a widening financial chasm amidst a fiercely competitive market in China, the world's largest arena for electric vehicles. The company's annual loss ballooned to 20.7 billion yuan ($2.9 billion) in the past year, despite posting stronger-than-anticipated sales in the fourth quarter of 2023. -
Tesla Adjusts Model Y Pricing Amid Market Fluctuations and EV Incentive Changes
Tesla Inc. has adjusted the pricing of its Model Y electric vehicles in the United States, marking a strategic move amid fluctuating market demands and the evolving landscape of electric vehicle (EV) incentives. -
US Launches Probe into Chinese Smart Cars Over National Security Concerns
The Biden administration has initiated an investigation into the potential threats posed by smart car technology from China and other countries deemed concerning. The US Commerce Department is spearheading this probe with a focus on connected vehicles, which are essentially any cars equipped with internet access. -
Driving Dreams: Crafting Your Perfect Ride with Ideal Car Leasing Solutions
Finding a car that fits your dreams while navigating life's highways shouldn't be viewed as a fantasy. With fantastic car leasing deals, the door is now wide open for you to drive the vehicle of your dreams. -
Chinese Automaker BYD Launches $233,000 Yangwang U9 Electric Supercar, Eyes Global High-End Market
Chinese automaker BYD, best known for affordable electric vehicles, is venturing into luxury territory with its Yangwang U9 electric supercar launch. This marks a dramatic pivot for the brand, which dominates its domestic market while rapidly expanding overseas.