Fri, December 13, 2024

by: Reuters

Exclusive: Trump transition recommends scrapping car-crash reporting requirement opposed by Tesla

The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk's Tesla , according to a document seen by Reuters, a move that could cripple the government's ability to investigate and regulate the safety of vehicles with automated-driving systems.

by: MSN

Tesla's shares in meteoric rally after Trump's US election victory

Tesla's stock regains popularity as investors expect its Robotaxi and FSD technology to drive another phase of growth acceleration. The stunning performance drove Tesla's Price-to-Earnings(P/E) ratio to 103,
Thu, December 12, 2024

by: familydestinationsguide

This Massive Car Museum In Florida Houses Over 100 Classic Cars And Fascinating Memorabilia

Nestled in the heart of America's oldest city, St. Augustine, Florida, this museum is a treasure trove of mechanical marvels that'll transport you back to the days when cars were more than just transportation - they were works of art on wheels.

by: Reuters

Truck-maker Paccar to recall 220,972 US vehicles over electronic system issues

Truck-maker PACCAR is recalling 220,972 vehicles in the U.S. due to issues with the electronic control units (ECU) that might impact systems associated with braking and stability control, the U.S. auto safety regulator said on Thursday.

by: riazor

Tesla Robotaxi will have a never-before-seen detail: The first in history to operate without this

Tesla Robotaxi, a revolution in autonomous transportation, promises fewer parts, lower costs, and innovative features, making it the future of the automotive industry.

by: Business Insider

Paccar Announces Leadership Change in Financial Services

by: DriveSpark

Bharat Mobility Global Expo 2025: Everything You Need To Know

The Bharat Mobility Expo will include the Auto Expo Motor Show, focusing on electric and hybrid vehicles, the Auto Expo Components Show, a Mobility Tech Pavilion for showcasing connected and autonomous technologies, and much more.

by: Planet Detroit

$112 million project promises cleaner air, less truck traffic in southwest Detroit

Modernizing and decarbonizing the Detroit Intermodal Freight Terminal aims to improve air quality, reduce truck traffic in Southwest Detroit.

by: Gulf News

Electrified mobility an essential element for powering Dubai's D33 Agenda and ambitions

The D33 agenda offers us an unprecedented opportunity to shape the infrastructure of tomorrow. As we develop new residential areas, commercial hubs, and entertainment districts, we have the chance to integrate e-mobility infrastructure into the blueprint of these developments.

by: The Cross Timbers Gazette

Northwest ISD announces expansion of career and technical education options

by: Yahoo Finance

Bank of America Taps Adviser for Potential London Office Move

Bank of America Corp. is preparing to explore options for a potential move out of its current London headquarters before the lease expires in 2032. Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersCloud Computing Tax Threatens Chicago's Silicon Valley DreamSan Francisco,
Wed, December 11, 2024

by: Insider Monkey

Jim Cramer's Latest Calls: Top 10 Stocks

"I want to discuss Bitcoin, really. I do—not to the detriment of stocks but in addition to stocks. I come to praise Bitcoin, not buy it.

by: The Hindu

Tamil Nadu Government cracks the whip on bike taxis in Chennai

Transport Commissionerate in Chennai cracks down on bike taxis operated by Ola, Uber, and Rapido, enforcing Motor Vehicles Act.

by: riazor

America unveils the most expensive engine ever-seen: $6 billion and a totally-new fuel

Stellantis invests $6B in South America to pioneer flex-fuel hybrid engines and electrification, redefining sustainability while boosting regional auto industry leadership.

by: Journalist's Resource

Story ideas from the Federal Reserve's Beige Book: December 2024

The Beige Book published on Dec. 4 includes information gathered during October and November. Across districts, prices rose "only at a modest pace" while profit margins for firms were down due to rising input prices — those are costs for the materials and labor needed to make goods.

by: Car and Driver

How We'd Spec It: 2025 Toyota 4Runner from the Bottom to the Top

The new 4Runner lineup has a canyon-like price gap, starting at around $42K and eclipsing $68K, and we spec the spectrum.

by: The Dispatch / The Rock Island Argus

County health department to expand affordable care clinic to Rock Island High School

School Health LINK provides acute medical care, immunizations, physicals, mental health counseling and more for Rock Island County students.

by: Manchester Evening News

Man United's unusual 2025 kick-off time explained amid supporter anger

Manchester United have been picked for an unusual kick-off time next month when they make the trip to Fulham in the Premier League

by: The Free Press Journal

US: President-Elect Donald Trump Invites China's Xi Jinping To Attend His Inauguration On Jan 20

President-elect Donald Trump has invited Chinese President Xi Jinping to attend his Janurary 20 inauguration, CBS News reported citing sources.

by: Charlotte Observer

US electric vehicle infrastructure has tripled in 5 years. Here's how North Carolina compares.

Truck Parking Club tapped into the Alternative Fuels Data Center and White House data to visualize the expanding EV infrastructure in the U.S. and in North Carolina

by: Daily Journal

Geotab integrates Volvo Cars in its extensive OEM partner network

Volvo Cars fleet operators benefit from turnkey connected mobility and high-quality OEM data integration on a single unified platform

by: Businessworld

Fuel And Road Costs Can Reduce Logistics To 9%: Nitin Gadkari

Union Minister for Road Transport and Highways, Nitin Gadkari on Tuesday said that changes in the cost of fuel and road can bring the logistics cost to nine per cent.Speaking at three day Rising Rajasthan Global Investment Summit 2024 in Jaipur,

by: Houston Public Media

General Motors reportedly scraps autonomous vehicles months after Houston relaunch of Cruise

The move comes just months after Cruise announced it would restart testing operations in Houston after a staffing shakeup followed the launch of several federal safety investigations into the vehicles.

by: Bradford Era

Resources for older drivers to remain active, connected

The administration worked during Older Driver Safety Awareness Week to emphasize the resources available in Pennsylvania to provide accessible and flexible transportation alternatives to older adults.

by: Yahoo Finance

ECD Auto Design Announces Receipt of Nasdaq Delisting Notice

ECD Automotive Design, Inc. (Nasdaq: ECDA) ("ECA Auto Design" or the "Company"), an industry leader in delivering restored, modified and electrified Land Rover Defenders, Jaguars, Ford Mustangs, and Toyota FJs,

by: The Royal Gazette

Car sales and service spike for first ten months of year

New registrations for motor cars and trucks coming on to the road have shot up 7 per cent this year, with 124 more units during the first ten months, than during the same period in 2023. But auto

by: Stoneham Independent

EU conservatives seek to stall 2035 combustion engine ban

The largest group in the European Parliament, the conservative EPP, joined calls Wednesday to "reverse" a ban on combustion engine vehicles starting in 2035, citing the struggles of the automotive

by: YAHOO!News

What are the best, worst times to travel for Christmas, New Year's? AAA predicts crowded roads

If you're throwing the family in the car this holiday season, here are the best times to hit the road according to transportation experts.

by: The New Indian Express

Wide berth to protected monuments in Ahmedabad rly station redevelopment plan

We want development in line with the heritage. We have ensured there will be no construction around the prohibited area of the bricks minarets. It will be developed as a pedestrian plaza where people can come and go.

by: Beatrice Daily Sun

House approves $895B defense bill with military pay raise, ban on transgender care for minors

The bill passed by a vote of 281-140 and next moves to the Senate, where lawmakers sought a bigger boost in defense spending.

by: The Franklin News Post

FBI Director Wray says he intends to resign at end of Biden's term in January

The announcement comes a week and a half after President-elect Donald Trump announced his intention to nominate loyalist Kash Patel for the position.

by: Yahoo

US car giant axes $10bn self-driving taxi business amid safety issues

American car giant General Motors (GM) has abandoned plans for its self-driving taxi venture in the wake of a string of safety failures.

by: Forbes

Cybersecurity Confusion In Auto Industry: Disproving A Future Negative

There's a whole bunch of confusion about certifying a company as cybersecure, which is becoming increasing relevant to both revenues and costs for automakers.

by: Wall Street Journal

General Motors Scraps Cruise Robotaxi Program

Carmaker cites competition, time and costs needed to scale the business.

by: Detroit News

Top auto lobby warns states of 'unachievable' California emissions rules

The trade group is urging states to reconsider their emission commitments, while environmental groups have said the concerns are overblown.

by: Los Angeles Times

Why Newsom's electric vehicle mandate is in trouble

EV sales have stalled, clouding California's ambitious plans for all new cars sold in California to be zero-emission vehicles by 2035.

by: Reuters

Wall Street mostly upbeat on GM's decision to pull the plug on Cruise

General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the automaker's decision to do so was still a disappointing end for an operation that GM had touted as a potential $50 billion revenue generator by 2030.

by: CalMatters

Polluted communities hold their breath as companies struggle with California's diesel truck ban

California has an aggressive mandate for zero-emission trucks. But companies face big obstacles and people are still breathing dangerous exhaust.

by: The Verge

The end of Cruise is the beginning of a risky new phase for autonomous vehicles

Instead, Cruise never made it to the end of 2024. It all culminated in an incident on October 7th, 2023, when a Cruise vehicle in San Francisco struck and dragged a pedestrian over 20 feet, seriously injuring her. The victim was initially struck by a hit-and-run driver, which launched her into the path of the Cruise car.

by: Associated Press

EPA awards $144 million to California to phase out big diesel trucks

The Environmental Protection Agency is awarding $144 million in grants to fund 13 projects in California to help the state phase out big rigs that run on diesel.

by: TopSpeed

From Fuel Economy To Longevity: Why Compact Cars And SUVs Are Making a Comeback

Rising fuel costs, urban living trends, and technological advancements have made compact cars and SUVs more appealing than ever.

by: Community Impact Newspaper

Northwest ISD CTE program to expand with construction, transportation academies

Northwest ISD will expand its award-winning career and technical education academies in the coming years. The district's Construction Academy will open in August 2025 followed by the Transportation, Automation & Logistics Academy's opening in 2027.

by: The Independent Singapore

45% employers plan to hire more staff in Q1 2025, but 20% plan to reduce hiring efforts

The survey, which gathered responses from 525 local employers, revealed that 45% of employers plan to increase hiring during Q1, 20% expect to reduce hiring, and 34% anticipate no changes in their staffing levels.

by: Cars

10 Biggest News Stories of the Week: Mercedes-Benz GLC350e Pulls Plug on Chevrolet Traverse

by: Repairer Driven News

FCC adopts final rules for cellular-vehicle-to-everything technology

The Federal Communications Commission (FCC) unanimously adopted final rules for cellular-vehicle-to-everything (C-V2X) technology in a second report and order late last month. The C-V2X

by: MSN

The major projects Indiana is spending federal infrastructure funding on

Truck Parking Club used White House data to analyze how Indiana is spending federal infrastructure dollars to invest in its communities.

by: USA Today

MichAuto panel talks state of industry with rise of China, electric vehicles, tariffs

Panelists debated the state of the auto industry and MichAuto released a new study on Michigan's mobility industry.

by: CNBC

Best Auto Loans and Financing of December 2024

A car is an expensive purchase, but choosing the right lender can save you thousands of dollars in interest charges and fees. Plus, you want your car shopping experience to be easy and transparent ...

Wall Street mostly upbeat on GM's decision to pull the plug on Cruise

General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the automaker's decision to do so was still a disappointing end for an operation that GM had touted as a potential $50 billion revenue generator by 2030.

General Motors' decision to pause production of its self-driving vehicle unit, Cruise, in 2024 has elicited a mixed response from Wall Street analysts. While some view the move as a strategic pause to address safety concerns and regulatory issues, others see it as a potential setback for GM's autonomous driving ambitions. The pause follows an incident involving a Cruise robotaxi in San Francisco, which led to the suspension of its license by the California Department of Motor Vehicles. Despite the halt, analysts remain largely optimistic about GM's long-term prospects in the autonomous vehicle market, citing the company's commitment to safety and technology development. They believe that this strategic retreat could allow Cruise to refine its technology, enhance safety protocols, and strengthen its regulatory compliance, potentially positioning it for a stronger comeback. However, there are concerns about the financial implications and the competitive landscape, with some analysts questioning the timeline for Cruise's return and its impact on GM's overall market position.

Read the Full Reuters Article at:
https://www.reuters.com/business/autos-transportation/wall-street-mostly-upbeat-gms-decision-pull-plug-cruise-2024-12-11/