AP Top Technology News at 11:12 p.m. EDT
Tesla founder Musk visits China as competitors show off new electric vehicles at Beijing auto show
Tesla founder Musk visits China as competitors show off new electric vehicles at Beijing auto show
New rules will see many drivers forced to pay additional tax on their vehicle from next year. The so-called 'luxury' car tax would see motorists forking out £410 each year
Carmakers announce disappointing results, and production in UK revealed to have dropped
BYD only launched in the UK last year – but has already caused a stir with its three-strong line-up of electric cars.
With the Competition and Markets Authority saying that British drivers are paying over the odds for fuel, tips to improve MPG are welcome
In early June, Toyota announced the recall of nearly 100,000 Tundra pickups and about 3,500 Lexus luxury SUVs to fix a problem that could cause their engines to lose power while driving.
Mike Hawes, of the Society of Motor Manufacturers and Traders, suggested the Government should consider allowing sales of hybrids to continue longer.
A new engine—free of charge—is the only solution for the recall that affects 2022 and '23 Tundra pickups and LX SUVs.
TOKYO (Reuters) -Japan's Toyota Motor plans to build a battery plant for electric vehicles in the southwestern prefecture of Fukuoka and supply its batteries to a factory that makes luxury Lexus brand cars, the Nikkei business daily reported on Friday. The world's top-selling automaker would seek to make the island of Kyushu where Fukuoka is located a central part of its supply chain for battery-powered vehicles and an export base for Asia, the newspaper said. A Toyota spokesperson said the company was aware of the report, but that it was not something it had announced.
German car parts manufacturer ZF said Friday it would cut a fifth to a quarter of jobs in Germany as it struggled with the switch to electric vehicles and foreign competition.The switch to electric vehicles was eating away at demand for "transmissions for conventional and hybrid vehicles", an area where German suppliers have traditionally excelled, it said.
From the McMurtry Spéirling, which covers zero to 60 mph in 1.4 seconds, to the 2,011 hp Lotus Evija X, these EV outliers are otherworldly.
Investors are punishing automakers' stocks this week after second-quarter earnings reports exposed industrywide issues of slowing sales and high prices, just as the companies are having to spend huge sums to make new electric and gas vehicles. Ford Motor Co., which reported a drop in second-quarter earnings due electric-vehicle losses and persistently high warranty costs, led the declines. Carlos Tavares, CEO of Jeep and Ram maker Stellantis, said a significant auto-industry storm he's been warning about for several years has arrived.
India's IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to focus on its e-scooter business, two people with direct knowledge of the decision said. Ola's founder Bhavish Aggarwal laid out plans in 2022 to launch an electric sports car with an all-glass roof in two years that could reach 100 km per hour within four seconds. Aggarwal reiterated those plans as recently as Sept. 2023 in an interview with Forbes, but the two sources said the project is now suspended ahead of its planned August IPO, where it is set to raise around $660 million.
Affordable second-hand options for newly-qualified drivers - discover the best affordable used car options that are easy to drive and cheap to run. Volkswagen, Ford Fiesta, Fiat 500, Toyota Yaris and more
STORY: Nissan slashed its annual outlook Thursday after reporting a 99% plunge in first-quarter profits.That’s as deep discounting in the U.S. shredded the Japanese automaker’s margins. Nissan’s shares fell following the results, which were far short of analyst expectations.Operating profit for April-June was just $6.5 million.That was just a fraction of the roughly $1 billion profit predicted ahead of the results. It marks Nissan’s worst quarterly performance in more than three years.While global sales remained even year-on-year at 787,000 vehicles, the profit from those sales was hit by an increase in discounts and marketing costs. That’s as Nissan tried to ride out intense competition, particularly in the U.S. The automaker, which has struggled in the U.S., said sales there were also hurt by an aging portfolio and a market shift to hybrid vehicles. However, the firm's CEO told Reuters that Nissan plans to bolster sales with fresh models in the second half of the year. Despite this, investors will now likely worry about the car maker's outlook in the United States.That concern adds to Nissan’s woes in China, where it has seen tough competition from domestic rivals.Shares in the company tumbled around 11% at one point before finishing down 7% - their biggest one-day decline since February.
Meghan Markle was given strict instructions by Prince Harry before she sat down for an interview with Vanity Fair - but the Duchess of Sussex seemingly didn't listen
The presenter is covering the 2024 Olympics in Paris for the BBC
Rosalía stepped out wearing a breathtaking naked dress at the Prelude to the Olympics in Paris. The design was a nude coloured see-through lace gown by Dior.
EXCLUSIVE: After claims Prince Harry and Meghan were offered advice on balancing their public and private lives, an expert explains why Prince William was right to air his concerns
Yeah, this is why I'd never mess with a manager of a Dunkin'.
EXCLUSIVE: The Duchess of Sussex has taken on a lot involving herself in the British royal family and sometimes she wishes for her 'old life back' a source says