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Rivian's AI, autonomy impress Wall Street, but EV and capital concerns remain
4+ mon, 1+ week ago (1016+ words) Rivian Automotive impressed Wall Street on Thursday with its plans for artificial intelligence, automation and an internally developed silicon chip, but significant challenges involving demand and capital remain for the electric vehicle maker. Despite Wall Street analysts expressing some optimism…...
Trump wants the U. S. shipbuilding industry to be great again. Here's what it will take, and what's at stake
4+ mon, 5+ day ago (1482+ words) President Donald Trump has vowed to lead a revival in U. S. shipbuilding, but the success of this manufacturing renaissance in a key sector for national security will rely on the expertise from overseas. "The American shipbuilding industry saw a boom twice…...
Gas prices may not drop below $3 a gallon until next year: Energy Secretary Wright
2+ hour, 51+ min ago (297+ words) Energy Secretary Chris Wright on Sunday said gas prices may not drop below $3 until next year, as the U. S. war with Iran and closure of the Strait of Hormuz continue to wreak havoc on energy markets. "I don't know, that could…...
Check out Off the Hook YS's stock price (OTH) in real time
1+ week, 2+ day ago (33+ words) Off The Hook YS Inc. is a marine wholesaler company. The Company is engaged in yacht and boat dealerships specializing in the buying, selling, and wholesaling of yachts and boats. The Company operates. .....
Trump administration waives gasoline regulations to address surging fuel prices
3+ week, 3+ day ago (353+ words) HOUSTON " The Trump administration on Wednesday temporarily waived regulations on the types of gasoline that are sold during the summer in an effort to ease surging fuel prices during the Iran war. The Environmental Protection Agency lifted restrictions on the…...
Volkswagen targets dominance in Europe with affordable EV push
7+ mon, 1+ week ago (415+ words) The chief executive of Volkswagen says the German auto giant is pushing to strengthen its electromobility dominance in Europe with a new lineup of compact and affordable electric vehicles. Volkswagen, the largest supplier of electric cars in both Germany and…...
Tesla stock true believers could be losing faith
3+ week, 3+ day ago (29+ words) Since January 2023, Tesla (TSLA) shareholders have eagerly snapped up the company's expensive shares, confident in the iconoclastic charisma of Elon Musk and the belief that Tesla's electric vehicles. .....
'It's just scale': Local mom-and-pop car dealerships are growing or dying amid industry consolidation, rise of mega-retailers
1+ day, 4+ hour ago (1372+ words) Derek Sylvester's father built the family's original Chevrolet dealership with his bare hands on Main Street in rural Peckville, Pennsylvania, in 1972. The store and family have been a pillar of the village, outside Scranton, ever since. That was until late…...
EV demand is getting a boost from the Iran war " just as auto giants pivot back to combustion engines
2+ week, 3+ day ago (1001+ words) The sprawling Middle East crisis is expected to spur drivers to abandon traditional internal combustion engine vehicles in favor of EVs, analysts told CNBC, although early evidence suggests this will be a gradual gearshift. The Iran war has severely disrupted…...
Ford recalls about 1. 4 million pickup trucks over gearshift issue, NHTSA says
1+ day, 23+ hour ago (146+ words) Ford is recalling about 1. 4 million F-150 pickup trucks in the U. S. following a U. S. National Highway Traffic Safety Administration (NHTSA) investigation into reports of unexpected downshifts, the regulator said on Friday. The NHTSA said Ford was aware of two "potentially" related injuries and…...
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