Tag: Autos

Increase in private sales of luxury mansions, art, and cars

The trend of “quiet wealth” among the rich is on the rise, with high-net-worth individuals turning to private purchases of mansions, art, and classic cars to avoid unwanted attention. Auction companies and luxury real estate brokers are seeing an increase in private sales and off-market listings as the wealthy seek discretion and privacy in their […]

Stellantis to bid farewell to Dodge and Ram leader Tim Kuniskis as he announces retirement.

Tim Kuniskis, head of Fiat Chrysler’s passenger cars division in North America, is retiring after a nearly 32-year career with the automaker and its predecessors. Kuniskis, who has led several of the carmaker’s brands in North America, is best known for leading Dodge for most of the last decade. He is considered the “father” of […]

Alabama Mercedes-Benz workers reject unionization effort

The United Auto Workers (UAW) suffered a setback as workers at the Mercedes-Benz plant in Alabama voted against union representation, according to the National Labor Relations Board. This outcome comes as a blow to the UAW, following their recent success in organizing Volkswagen plant workers in Tennessee. The vote saw 56% of the workers, totaling […]

600 jobs cut in California as Tesla layoffs persist

Tesla’s massive restructuring continues as the electric-vehicle maker announced the layoffs of approximately 600 more employees at its manufacturing facilities and engineering offices between Fremont and Palo Alto. The recent round of layoffs impacted roles across all levels and departments, including factory workers, software developers, and robotics engineers. The cuts were revealed in a Worker […]

PGA Golfer Scottie Scheffler Arrested for Assaulting Police Officer at Tournament

Scottie Scheffler, the top golfer in the world, found himself in the midst of a chaotic situation on Friday when he was arrested and charged with felony assault on a police officer and reckless driving outside of a PGA championship event in Louisville, Kentucky. The incident occurred as Scheffler was seen driving on a median […]

Xpeng targets pre-orders for flying cars in 2021, with delivery set for 2026.

Xpeng’s “Land Aircraft Carrier” vehicle has a flying passenger drone hidden inside the truck. The drone can detach. Xpeng AeroHT, an affiliate of Xpeng, aims to deliver its flying car to customers in 2026, the Chinese electric vehicle maker’s co-president told CNBC on Friday. Last year, Xpeng AeroHT introduced the Land Aircraft Carrier — a […]

Former Lucid Motors Executive Appointed as CFO of Ford, Current Chief Promoted

Ford recently announced a major executive shakeup, with the appointment of the former chief financial officer of electric-vehicle startup Lucid to replace its current CFO. The ex-Lucid executive, Sherry House, will join Ford as finance vice president in early June and will transition into the CFO role by early 2025. Current CFO John Lawler will […]

Police stop climate protesters from breaking into Tesla’s Germany factory

The recent protests surrounding Tesla’s Gigafactory in Germany have brought environmental activists and police face to face. The clash occurred as activists attempted to break into the factory in an attempt to halt the company’s plans to expand its operations in the region. The situation has been described as dynamic by local law enforcement, with […]

EV Startups Rivian, Lucid, and Nikola Seek Ways to Increase Funding

Electric vehicle startups, once the darlings of investors and the automotive industry, are now facing tough market conditions as they struggle to survive and prove their viability. Companies like Rivian Automotive, Lucid Group, and Nikola Corp. are all focusing on conserving cash, reducing costs, and improving operations to weather the storm. Rivian, with its strong […]

Bright Data wins lawsuit against Elon Musk’s X for data scraping violation

A federal judge in California recently dismissed a lawsuit filed by Elon Musk’s X against Israel’s Bright Data, in a case that revolved around the scraping of public online data and its appropriate use. X, formerly known as Twitter, alleged that Bright Data was scraping data from X and selling it by using technical measures […]

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