Tag: Transportation
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Hyundai considering U.S. production increase at new Georgia plant, CEO tells CNBC
The potential capacity increase would be part of Hyundai’s plan to invest $26 billion in the U.S. through 2028, Hyundai CEO José Muñoz told CNBC.
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Hyundai’s new flagship vehicle is a large luxury Genesis EV
The GV90 features a new design direction for Genesis and expands the Hyundai brand’s lineup to seven vehicles in the U.S.
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Car dealerships are relying more on parts and service for profits
Dealership gross profits have fallen from the supply-constrained days of 2022. They are relying more heavily on the income streams that hedge against downturns.
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American Airlines to add seatback screens, bigger first class in race to catch up to Delta and United
American is trying to add more premium seating and passenger perks after falling behind rivals Delta and United.
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Ferrari Luce: Polarizing EV becomes a $40 million collector’s item
The auction of the Luce comes nearly three months after Ferrari unveiled its first fully electric car, which was priced at 550,000 euros (roughly $640,000).
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How long will software-defined cars last? The auto industry doesn’t know yet
Cars that run on software offer benefits automakers and many customers say older cars cannot compete with. But some analysts worry the vehicles might not last.
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I drove Tesla FSD, Rivian Autonomy+ ‘hands-free’ driving systems. Here’s how they compare
Rivian is trying to catch up to Tesla’s “hands-free” capabilities, but with additional safety guardrails that the Elon Musk company doesn’t have.
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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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Maersk shares jump 8% after shipping giant smashes profit estimates and hikes outlook
Danish shipping giant Maersk on Thursday posted stronger-than-expected quarterly profit and raised its full-year earnings guidance.
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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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