Tag: Autos
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Lamborghini unveils Revuelto SV, its most powerful production car ever
Lamborghini’s Revuelto SV is a limited-edition V12 hybrid with over 1,050 horsepower, a 2.4-second 0-to-100 kph time and a $741,172 starting price.
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Cisco shares slide 9% despite earnings beat and stronger-than-expected guidance
Cisco is showing booming demand for AI infrastructure, but its results weren’t good enough to satisfy investors.
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Monterey Car Week auctions could hit a record $500 million, with help from younger buyers
A new generation of millennials and Gen Zers is taking over the collecting market from baby boomers and bidding up modern supercars at Monterey Car Week.
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Ford says it’s increasing Lincoln production in the U.S. in 2030
Ford said on Wednesday that it will be increasing production of its Lincoln cars in the U.S. beginning in 2030.
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EVs dominate China’s car market: 5 takeaways from the country’s latest auto sales data
The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla’s Model Y remained popular.
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GM reaches up to $4.5 billion parts deal designed to avoid supply chain troubles
The deal follows years of global automotive supply chain issues for GM and other companies.
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Volkswagen controlling families call for faster overhaul to fend off Chinese rivals
Volkswagen’s top investor on Friday called on the auto giant to take immediate action to fend off intensifying competition from Chinese car brands.
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GAO finds Elon Musk’s DOGE inflated claims of $110 billion in savings for federal government
The nonpartisan watchdog found Elon Musk’s DOGE didn’t cut as much federal spending as it claimed and that it fell far short of its promised $2 trillion.
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Ford’s new ‘Fathom’ electric pickup truck will start at $28,000
It’s the first vehicle to be built using the “Universal Electric Vehicle” platform that Ford has said is key to making money with EVs.
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SpaceX stock could face further pressure as first batch of shares unlock since IPO
With the first tranche of SpaceX shares held by insiders unlocking, the stock could see downward pressure.
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