Tag: Autos
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Ford continues ramping up pickup truck production as sales fall 10.3% in August
An increase in the supply of pickup trucks comes as Ford experienced its eighth consecutive month of year-over-year U.S. new vehicle sales declines in August.
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Waymo and Zoox expand into more U.S. markets as robotaxi race heats up
Waymo is bringing driverless rides to three more cities, and Amazon plans to start testing in two additional U.S. markets.
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Toyota’s hybrid RAV4 is in demand as dealers wait for more supply
When Toyota announced the new version of its SUV, it said the RAV4 would only be available as a hybrid and that production would be limited at first.
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Used cars under $20,000 tend to sell quickly — but there are tradeoffs for buyers
The share of used cars listed at under $20,000 has dropped from pre-pandemic levels against a backdrop of high inflation.
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OpenAI to end model access to Cursor after acquisition by Elon Musk’s SpaceX
OpenAI plans to end model access through Cursor on Nov. 12, citing concerns after SpaceX’s $60 billion acquisition of the coding startup.
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Goodyear burning rubber and cash as turnaround plan continues
The tire maker has an ongoing turnaround plan as the company tries to restructure its business, refinance and pay down years of debt.
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Hyundai has grown more than any automaker in the U.S. — and it’s not done yet
The South Korean automaker wants to keep going by ramping up production at a new $7.6 billion plant in Georgia to capture more sales and market share.
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SpaceX plans to build a $100 billion spaceport in Louisiana
SpaceX plans will establish its Starbase LA in Vermillion Parish in order to “support thousands of launches annually.”
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Bugatti CEO Mate Rimac says the future of supercars is old-school combustion engines
Bugatti CEO Mate Rimac told CNBC he thinks high-end sports cars will continue to have combustion engines “for a very long time” even with the rise of EVs.
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BlackBerry CEO says robotics is one of its fastest-growing businesses
BlackBerry CEO John Giamatteo says robotics is one of QNX’s fastest-growing businesses as the company expands its software beyond cars.
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