Automotive

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Argo AI Launches Driverless Testing in Austin and Miami

Rebecca Urena05/17/202205/17/2022

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Argo AI has officially begun operating its driverless test vehicles, with no human safety drivers, in both Miami and Austin. Nevertheless, the vehicles will not be transporting any paying...

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General Motors Reaches 52-Week Low Amid Wells Fargo Downgrade

Rebecca Urena05/12/202205/12/2022

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General Motors (NYSE: GM) shares hit a 52-week low, opening at its lowest price since November 2020, after Wells Fargo downgraded the stock and cut its target price for...

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Uber Set to Reduce Spending Amid ‘Seismic Shift’

Rebecca Urena05/09/202205/09/2022

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Uber (NYSE: UBER) is prepared to reduce spending and become a leaner business, focused on the “seismic shift” in investor sentiment, according to CEO Dara Khosrowshahi. The ride-sharing company...

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Ford Expected to Sell 8 Million Rivian Shares

Rebecca Urena05/09/202205/09/2022

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Ford Motor (NYSE: F) is set to sell 8 million of its Rivian Automotive shares as its lockup period comes to an end on Sunday, according to sources familiar...

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Lucid to Raise EV Reservation Prices Next Month

Rebecca Urena05/06/2022

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Electric luxury vehicle manufacturer Lucid Group (NASDAQ: LCID) revealed it has over 30,000 reservations for its Air sedan and any reservations made after June 1 will have higher prices....

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Uber Reports Better-than-Expected Q1 Earnings

Rebecca Urena05/04/202205/04/2022

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Uber (NYSE: UBER) reported positive earnings on Wednesday as it continues to recover from the pandemic lows. Moreover, the company revealed it would not need to make “significant” investments...

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Intel CEO Believes Chip Shortage Will Stretch into 2024

Rebecca Urena04/29/202204/29/2022

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The shortage of semiconductors within the U.S. will carry on through 2024 according to Intel (NASDAQ: INTC) CEO Pat Gelsinger. The CEO highlighted that the scarcity of chips had...

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GM to Produce Electric Chevrolet Corvettes

Rebecca Urena04/25/2022

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General Motors (NYSE: GM) is set to build an electrified Chevrolet Corvette in 2023 as well as an all-electric version of its iconic sports car, according to GM President...

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Uber Eases Mask Requirement for Riders and Drivers

Rebecca Urena04/19/202204/19/2022

20022

Uber (NYSE: UBER) revealed that it is no longer mandatory for its drivers or riders to wear masks. The movie comes after a federal judge dismissed the Biden administration’s...

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Kia Showcases Redesigned Niro EV

Rebecca Urena04/13/202204/13/2022

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Kia (OTCPK: KIMTF) just unveiled its new 2023 Niro hybrid lineup and EV crossovers as well as improvements to its extremely popular Telluride SUV. The automaker had previously disclosed...

Argo AI Launches Driverless Testing in Austin and Miami

General Motors Reaches 52-Week Low Amid Wells Fargo Downgrade

Uber Set to Reduce Spending Amid ‘Seismic Shift’

Ford Expected to Sell 8 Million Rivian Shares

Lucid to Raise EV Reservation Prices Next Month

Uber Reports Better-than-Expected Q1 Earnings

Intel CEO Believes Chip Shortage Will Stretch into 2024

GM to Produce Electric Chevrolet Corvettes

Uber Eases Mask Requirement for Riders and Drivers

Kia Showcases Redesigned Niro EV

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