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GM Recalling 340,000 Big SUVs Because of Headlight Issue
General Motors is recalling nearly 340,000 big SUVs in the U.S. because their daytime running lights may not shut off when the regular headlights are on.
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With Few New Cars on Lots, U.S. Auto Sales Likely Fell Sharply in the First Quarter, Analysts Say
Tight supplies of new cars and rising inflation fears likely hit U.S. auto sales hard in the first quarter.
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‘A Ghost Is Driving the Car' — My Peaceful and Productive Experience in a Waymo Self-Driving Van
Riding in a self-driving van underscored the potential of autonomous vehicles, which some believe will be a multitrillion-dollar market for investors.
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GM Looks to Increase Electric Hummer Production as Reservations Top 65,000, Exceeding Expectations
The Hummer EV pickup is currently on sale, but new orders would not likely be fulfilled until 2024 due to the number of reservations.
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GM to Halt Pickup Truck Production in Indiana Due to Chip Shortage
GM will idle the plant, which produces Silverado and GMC Sierra pickups, the weeks of April 4 and April 11, the company said Friday.
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FedEx Is Testing Electric Carts for Last-Mile Delivery in Big U.S. and Canadian Cities
As e-commerce surges, FedEx is testing an electric cart service to help delivery services in cities where room for parking is tight.
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China's EV Makers Could See a ‘Shake Down' as They Hike Prices on Rising Material Costs
Tesla and BYD are better positioned to weather rising prices due to their strong supply chains, analysts said, while low-cost players could struggle.
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General Motors Is Creating an Import Business to Send Certain Iconic Vehicles to China
The business, which GM is calling a start-up within the company, will focus on vehicles and potentially brands that are currently not available in that market.
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Stocks Making the Biggest Moves Midday: Boeing, Disney, Berkshire Hathaway and More
These are the stocks posting the largest moves in midday trading.
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What to Watch Today: Wall Street Looks Relatively Steady After Best Week Since November 2020
U.S. stock futures dropped slightly Monday after strong gains last week.
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Stocks Making the Biggest Moves Premarket: Boeing, Anaplan, Nielsen Holdings and More
These are the stocks posting the largest moves before the bell.
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GM to Buy SoftBank's Stake in Cruise Self-Driving Unit for $2.1 Billion
GM is acquiring SoftBank Vision Fund 1’s equity ownership stake in its majority-owned Cruise autonomous vehicle unit for $2.1 billion.
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Toyota, Major Chip Supplier Suspend Production Due to Earthquake in Japan
The earthquake adds to already tumultuous times for the automotive industry involving supply chain problems due to Covid-19 and Russia’s invasion of Ukraine.
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GM Will Begin Production Next Week on the Cadillac Lyriq, the Brand's First EV Model
The Lyriq, starting at $59,990, is the first of a new lineup of electric cars and SUVs for the brand as it moves toward an all-EV production plan by 2030.
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Electric Last Mile Shares Plummet to $1 After Company Confirms SEC Probe
The investigation is the latest problem for the Michigan-based company following unexpected resignations last month of both the company’s chairperson and CEO.
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Ford and Volkswagen Expand EV Partnership to a Second Electric Model for the European Market
Ford said it now expects to produce 1.2 million electric vehicles using Volkswagen’s platform over six years, starting in 2023.
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U.S. Clears Way for Truly Driverless Vehicles Without Steering Wheels
U.S. vehicle safety regulators have issued final rules eliminating the need for highly automated and self-driving vehicles to need such controls.
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5 Things to Know Before the Stock Market Opens Friday
Dow futures jumped Friday on hopes of progress in Russia-Ukraine ceasefire talks even as Moscow’s military offensive widened.
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Ford and PG&E Partner on Electric F-150 Powering Homes, Grid
Ford will collaborate with Pacific Gas and Electric Co. on the capabilities of the electric F-150 Lightning to power homes and return energy to the power grid.
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Tesla Will Pay Ukrainian Employees for Up to 3 Months If They Are Conscripted to Fight
Tesla employees were also praised for helping SpaceX, the aerospace venture also led by Tesla CEO Elon Musk.