Trade groups say Chinese electric vehicles pose an “existential threat” to the U.S. auto industry. China currently makes about one out of every three of the world’s new vehicles, and it has the capacity to make even more, according to research firm Dunne Insights. But faced with a growing preference for hybrids at home and … Read more
2025 GMC Terrain Elevation GM DETROIT — General Motors on Monday revealed redesigned versions of its entry-level GMC Terrain crossover, including a new standard “Elevation” model. The compact crossover features a more rugged exterior design. It also has a new interior with 26 inches of screens, including a 15-inch center touchscreen and an 11-inch driver … Read more
The 2019 Ram 1500 Rebel pickup truck is displayed at the North American International Auto Show in Detroit, January 15, 2018. Brendan McDermid | Reuters DETROIT – Automaker Stellantis plans to indefinitely lay off up to 2,450 U.S. factory workers later this year as it discontinues production of an older version of its Ram 1500 … Read more
Bhavish Aggarwal, Chief Executive Officer (CEO) of Ola Cabs and founder of Ola Electric speaks during a press conference ahead of the Initial Public Offer (IPO). Ashish Vaishnav | Sopa Images | Lightrocket | Getty Images Shares of Ola Electric surged 20% on their market debut on Friday, valuing the Indian electric vehicle startup at … Read more
GUANGZHOU,CHINA – NOVEMBER 24: A ZEEKR X is on display during the 2023 Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 24, 2023 in Guangzhou, Guangdong province of China. (Photo by Stringer/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images More Chinese electric vehicle brands are launching in Singapore … Read more
A Delta Airlines Airbus A319-114 aircraft taxis at Los Angeles International Airport after arriving from Las Vegas on May 5, 2024 in Los Angeles, California. Kevin Carter | Getty Images Delta Air Lines on Thursday said last month’s CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is … Read more
Robert K. “Kelly” Ortberg is the Boeing’s new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing’s Board of Directors. Courtesy: Boeing Aerospace veteran Robert “Kelly” Ortberg becomes Boeing‘s new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon. That enormous goal will … Read more
Jennifer Homendy, Chair of the National Transportation Safety Board, speaks during investigative hearing, into the blowout of a left mid exit door plug on a Boeing 737-9 MAX during Alaska Airlines Flight 1282 flight on January 5, 2024, at the National Transportation Safety Board headquarters in Washington D.C. United States on August 6, 2024. (Photo … Read more
Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters Rivian Automotive beat Wall Street’s top- and bottom-line expectations for the second quarter as the electric vehicle maker continues to take costs out of its business. Here is how the company … Read more
Microsoft fired back at Delta Air Lines on Tuesday after the carrier said it would seek damages from the software giant and CrowdStrike for thousands of flight cancellations in the wake of a massive IT outage. Delta struggled more than rival airlines to recover from the outage, cancelling more than 5,000 flights in the days … Read more
