Tag: Autos
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Autonomous trucking company Aurora looks to accelerate toward profitability
Aurora’s founder and CEO told CNBC the company is targeting positive free cash flow by 2028, driven by a substantial increase in the number autonomous trucks.
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Tesla makes a move on Southeast Asia’s largest EV market. A homegrown giant awaits
Tesla recently set up a subsidiary in Vietnam, taking a step toward a potential entry into a fast-growing EV market dominated by homegrown rival VinFast.
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Nissan eyes increasing U.S. production as new Rogue hybrid launches
Nissan has two production shifts at its assembly plant in Smyrna, Tennessee, and adding another could mean hundreds, if not thousands, of new jobs.
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Volkswagen woes deepen as blue-chip index exit follows latest profit warning
Deutsche Bank analysts said the cut to VW’s operating profit forecast initially looks severe but keeps cash generation intact.
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‘It’s awful’: How tariffs, soaring fuel costs and higher interest rates are squeezing American companies
Tariffs, soaring fuel prices and higher interest rates are squeezing American companies, particularly manufacturers, auto suppliers, retailers and transportation businesses.
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Elon Musk talks up AI safety while fighting regulation in wild week of strange alliances
In the past week, Musk has agreed with the CEOs of Anthropic and OpenAI, while getting contradicted by President Trump and Nvidia’s Jensen Huang.
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SpaceX scores another $950 million from NASA for 3 more crewed flights to ISS
SpaceX is getting an extension to an existing contract that will allow three additional crewed Dragon flights to the International Space Station.
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Auto industry urges Trump to not allow Chinese automakers in U.S. ahead of Xi visit
Leaders of six major auto trade groups joined to sign a letter to the president.
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GM touts new V-8 engines in revived ‘truck wars’ with Ford, Ram amid lackluster EV sales
The large, gas-guzzling models continue to sell well in pickup trucks thanks to their ability to tow and haul heavy things.
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NASCAR CEO Steve O’Donnell talks growth opportunities, possible international expansion
CEO Steve O’Donnell said NASCAR’s media strategy and the upcoming film “Days of Thunder 2” will help raise brand awareness and broaden its fan base.
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