Autos

Huawei spin-off Honor reveals off tech to command a car with your eyes and chatbot primarily based on Meta&#x27s AI
World

Huawei spin-off Honor reveals off tech to command a car with your eyes and chatbot primarily based on Meta&#x27s AI

Honor demonstrated how its smartphone eye-monitoring technologies could be made use of to command a automobile. Honor BARCELONA — Chinese agency Honor on Sunday confirmed off technological innovation that lets a person to handle a vehicle just by working with their eyes. The firm’s Magic 6 Pro device launched internationally on Sunday at the Cell […]

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Carvana stock surges on first annual profit, pair of analyst upgrades
Business

Carvana stock surges on first annual profit, pair of analyst upgrades

Vehicles are seen on a display at a Carvana dealership on February 20, 2023 in Austin, Texas. Brandon Bell | Getty Images Carvana shares surged 30% Friday morning after posting its first-ever annual profit and receiving a pair of upgrades by Wall Street analysts. The used-car retailer has been trimming inventory and expenses as it […]

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Volvo falls 5% just after it sets out to dilute stake in electrical vehicle automaker Polestar
World

Volvo falls 5% just after it sets out to dilute stake in electrical vehicle automaker Polestar

A Polestar Roadster thought electric car throughout the Singapore Motorshow in Singapore, on Thursday, Jan. 11, 2024. The demonstrate operates via Jan. 14. Photographer: Lionel Ng/Bloomberg by means of Getty Images Lionel Ng | Bloomberg | Getty Visuals Shares of Volvo Vehicles dipped on Friday, immediately after the firm claimed it would dilute its stake […]

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VinFast decline widens in fourth quarter, self-assured of accomplishing 2024 income ambitions
World

VinFast decline widens in fourth quarter, self-assured of accomplishing 2024 income ambitions

Vietnamese electrical vehicle, or EV, maker VinFast on Thursday said its fourth-quarter internet reduction deepened 3.4% from the past a few months but it aims to nearly triple automobile product sales this yr as it expands into new markets. Nhac Nguyen | Afp | Getty Illustrations or photos Vietnamese electrical car or truck, or EV, […]

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Rivian and Lucid shares plunge after weak EV earnings reports
Business

Rivian and Lucid shares plunge after weak EV earnings reports

A Rivian electric truck sits parked in front of a Rivian service center on August 08, 2023 in South San Francisco, California. Justin Sullivan | Getty Images Shares of electric vehicle makers Rivian and Lucid plummeted Thursday after the companies reported disappointing results and stagnant production in their fourth quarter earnings after the bell Wednesday. […]

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Mercedes shares climb 5% on share buyback, despite &#x27extraordinary&#x27 uncertainty ahead
World

Mercedes shares climb 5% on share buyback, despite &#x27extraordinary&#x27 uncertainty ahead

Mercedes-AMG GT 43 4MATIC+ on display screen at Brussels Expo on January 9, 2020 in Brussels, Belgium.  Sjoerd Van Der Wal | Getty Pictures News | Getty Photos Mercedes-Benz shares attained about 5% on Thursday early morning right after the German carmaker conquer fourth-quarter earnings expectations and declared a new share buyback method, despite warning […]

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Tesla faces hurdle in Germany as locals vote to oppose manufacturing facility growth
Technology

Tesla faces hurdle in Germany as locals vote to oppose manufacturing facility growth

Personnel of the Tesla Gigafactory Berlin-Brandenburg do the job on a manufacturing line of a Model Y electric motor vehicle on March 20, 2023. Patrick Pleuil | Image Alliance | Getty Images Electric powered vehicle maker Tesla unsuccessful to protected a vote amongst locals in favor of authorizing a major manufacturing facility enlargement for the […]

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Ford, UAW reach local labor deal to avert strike at Kentucky plant
Business

Ford, UAW reach local labor deal to avert strike at Kentucky plant

Ford Super Duty trucks are seen at the Kentucky Truck assembly plant in Louisville, Kentucky, U.S., April 27, 2023. Joe White | Reuters Ford and a United Auto Workers local union reached a tentative deal on Wednesday to avert a strike at the automaker’s most profitable plant. The UAW had threatened that nearly 9,000 workers […]

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Xpeng ideas to retain the services of 4,000 people, commit in AI as CEO warns rigorous EV rivalry may end in &#x27massacre&#x27
Technology

Xpeng ideas to retain the services of 4,000 people, commit in AI as CEO warns rigorous EV rivalry may end in &#x27massacre&#x27

The Xpeng G9 SUV is on screen throughout the 20th Shanghai Global Car Market Exhibition at the Nationwide Exhibition and Convention Heart in Shanghai, April 18, 2023. VCG | Visual China Team | Getty Photographs Xpeng designs to hire 4,000 new people today and spend in artificial intelligence technological innovation, in accordance to the firm’s […]

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Companies — profitable or not — make 2024 the year of cost cuts
Business

Companies — profitable or not — make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that are turning a profit. Barbie maker […]

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