Yahoo Finance Inside China's EV Takeover
Chinese car makers are ramping up electric-vehicle production, posing a challenge to U.S. automakers. WSJ’s Yoko Kubota traveled to the city of Hangzhou to see the impact of China’s EV boom. Photo: The Wall Street Journal
Chinese car makers are ramping up electric-vehicle production, posing a challenge to U.S. automakers. WSJ’s Yoko Kubota traveled to the city of Hangzhou to see the impact of China’s EV boom. Photo: The Wall Street Journal
Airbus has unveiled a new unmanned combat jet that will be capable of acting as a “loyal wingman” for RAF pilots flying Eurofighter Typhoon aircraft.
Fiat owner Stellantis and Mercedes-Benz have paused plans to build gigafactories in the EU amid slowing electric vehicle sales and rising costs.
Timothy Hoffman, 58, crashed on the final leg of the memorial ride in Alaska
Former "Late Late Show" host James Corden helped stranded British Airways passengers in Portugal after the plane had to make an emergency landing.
The ill passengers, who were flying from Vancouver to Houston, had been on the same cruse, the airline told PEOPLE
Toyota will recall about 100,000 vehicles over concerns that loose debris inside the engine could cause it to stall or otherwise fail, federal regulators announced last week. The recall covers about 3,500 Lexus LX SUVs made in 2022 and 2023 and nearly 100,000 Toyota Tundra pickup trucks from the same time frame, the National Highway…
China has granted approval to a first group of nine automakers to carry out tests on vehicles with advanced autonomous driving technologies on public roads, as part of a plan to accelerate adoption of self-driving cars. The tests of so-called level three autonomous driving technologies will be carried out by automakers including BYD and Nio, as well as major state-owned manufacturers such as Changan Automobile, GAC and SAIC, according to a statement published by the industry ministry on Tuesday. Fleet operators such as ride-hailing companies will also be involved in the tests.
Manufacturers have warned that high levels of discounting for electric cars cannot continue “indefinitely” amid a downturn in household sales.
Airlines are showing more interest in turbulence prediction technology after two headline-grabbing incidents in recent weeks, but are holding back from making passengers stay in seatbelts at all times, according to global airline body IATA. A dramatic loss of altitude on a Singapore Airlines flight last month led to dozens of injuries and the first death linked to plane turbulence in 25 years. Days later, 12 more were injured as a Qatar Airways flight hit turbulence.
Car dealers are bringing back attractive offers and incentives this month thanks to a rise in inventory. Check Out: 5 Luxury Cars Mechanics Do Not Recommend Read Next: 4 Genius Things All Wealthy...
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Local Colorado officials have reached an $8.5 million settlement with a woman who hospitalized in 2022 after being left handcuffed in a police SUV that was then hit by a train.
Tesla CEO Elon Musk believes self-driving technology will change the world of personal transportation—and the fortunes of his electric-vehicle firm—forever. “I think [achieving fully autonomous driving] might be the biggest asset value appreciation in history,” Musk said on Tesla’s first-quarter-earnings conference call. Self-driving cars can be used more often, instead of parked in a commuter lot, earning money for owners or ride-hailing fleet operators.
When it comes to buying a new car, it's often true that you get what you pay for. However, not all high-end vehicles deliver on the promise of reliability, particularly when it comes to their engines....
Back-slapping over record passenger figures is tinged with frustration at the airline trade body's annual meeting as carriers lament years-long delays to deliveries of new Boeing aircraft.Headline projections of nearly five billion passengers and close to $1 trillion in revenues this year, both records, were reasons for celebration at the IATA annual general meeting in Dubai.
Officials from the fire department noted that the passengers were exhibiting flu-like symptoms and complaining of nausea
Two passengers and a pilot were injured after a hot air balloon hit power lines in Indiana on Sunday and the Federal Aviation Administration is now investigating the incident.
A new note from Bank of America points to the "all-in" cost of vehicle ownership — which includes high interest rates, insurance, and maintenance costs — as a factor behind the flattening of car sales. Autoblog Editor-in-Chief Greg Migliore joins Wealth! to discuss how electric vehicles could be the more affordable option. Migliore notes that charging is becoming more attractive to consumers than gas, especially when incentives, like rebates and subsidies, are available for home chargers. He adds that EVs often have fewer maintenance costs than gas vehicles, which could resonate with many American drivers. As more EVs hit the roads, Migliore says the industry is moving "beyond that early adopter phase." He explains that the EV market will grow as more variations become available, offering consumers more options, from trucks to sedans. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl
STORY: Japanese transport ministry officials arrived at Toyota's headquarters on Tuesday (June 4) to begin an onsite probe over a widening vehicle certification scandal. The fallout involves five domestic automakers, who were found to have submitted either flawed or manipulated data when applying to certify some vehicle models.Authorities said on Monday they would also be inspecting Mazda, Honda, Suzuki and Yamaha Motor.The issue emerged after the ministry requested automakers in late January to investigate certification applications, following a safety test scandal at Toyota's Daihatsu compact car unit that emerged last year.Toyota's chairman apologized for the company's wrongdoings on Monday (June 3), admitting that some cars did not go through the correct certification process before being sold.Toyota, the world's largest automaker by volume, has now suspended sales of some models, as has Mazda. Though both said there were no performance issues that violated regulations, and told customers they did not need to stop using their cars.
The killing of Yolanda Sanchez comes just hours after a historic landslide victory for Mexico's first woman president.