Rivian Automotive Inc., the electric vehicle manufacturer, has experienced a significant boost in its stock value following Volkswagen’s announcement of a substantial investment. The German automotive giant has committed to an immediate $1 billion injection, with the potential for an additional $4 billion in the future. This partnership is part of a broader agreement focused […]
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CDK Global, a leading provider of software solutions for automotive dealerships, recently experienced a significant cybersecurity breach that forced the company to shut down many of its services. This incident has had widespread repercussions, affecting thousands of car dealerships across North America. The attack, which occurred on June 19, 2024, was reportedly carried out by […]
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The market for used Tesla Cybertrucks is experiencing a notable surge, driven by a combination of high demand and limited supply. As Tesla’s futuristic electric pickup truck continues to captivate consumers, the secondary market is seeing a significant uptick in activity. The Cybertruck, with its distinctive design and advanced features, has garnered a dedicated following […]
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Tesla’s Cybertruck, with its distinctive design, is becoming a more common sight on the roads, signaling a shift in the electric vehicle (EV) market. Despite its polarizing appearance, the Cybertruck’s sales are on the rise, potentially boosting Tesla’s market share. The automotive industry has seen a general decline in average transaction prices for new vehicles […]
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In a recent revelation, Japanese car manufacturers have come under intense scrutiny for allegedly manipulating safety tests. The controversy centers around Daihatsu, a subsidiary of Toyota, which has been accused of altering the results of side-collision tests to meet regulatory standards. This scandal has cast a shadow over the reputation of Japan’s automotive industry, known […]
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In a significant move towards enhancing road safety, the United States is on the verge of making Automatic Emergency Braking (AEB) systems a mandatory feature in all new vehicles. This development marks a pivotal moment in the country’s commitment to reducing traffic accidents and fatalities. AEB systems, which automatically apply the brakes when a collision […]
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In a bold move that underscores the automotive industry’s shift towards sustainability, General Motors (GM) has announced a strategic pivot away from hybrid vehicles, focusing its resources on the development of fully electric vehicles (EVs). This decision marks a significant milestone in GM’s journey towards an electrified future and reflects the company’s commitment to reducing […]
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Tesla’s much-anticipated Cybertruck has recently encountered a significant hurdle. The innovative electric vehicle, which has been a topic of conversation for its futuristic design and promised capabilities, has been recalled. This move by Tesla underscores the challenges faced by automakers as they push the boundaries of technology and design in their vehicles. The recall was […]
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In the rapidly evolving landscape of autonomous driving, Tesla’s Autopilot system has emerged as a pioneering force, pushing the boundaries of technology and transportation. However, this innovation has not been without its challenges. Recent data has illuminated a concerning aspect of Tesla’s journey towards full autonomy: the brand currently leads in the number of accidents […]
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Tesla, the renowned electric vehicle manufacturer, has recently announced a recall of 2.2 million vehicles in the United States. The recall is due to a concern raised by the National Highway Traffic Safety Administration (NHTSA) regarding the font size of the warning lights on the vehicle’s display. The NHTSA stated that the small font size […]
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