vehicle

U.S. Economy Grows At 3% in the Second Quarter

U.S. Economy Grows At 3% in the Second Quarter

The U.S. economy was revised to grow faster than expected in the second quarter due to strong consumer spending and robust business investment.Gross domestic product rose at an annualized 3.0 percent in the second quarter, the fastest pace in more t..

Uber knowingly leased recalled faulty cars to its drivers in Singapore

Uber knowingly leased recalled faulty cars to its drivers in Singapore

Uber Technologies Inc. knowingly leased its drivers recalled cars in Singapore that were at possible risk of catching on fire, reported by the Wall Street Journal. The ride service company said it was already on the problem and has fixed i..

GM Canada's July Sales Rise 22% in July

GM Canada's July Sales Rise 22% in July

On Tuesday, General Motors Co (NYSE: GM) said that it sold 25,852 vehicles in July in Canada. That’s a 22 percent increase from the year prior. This is a striking contrast to the company’s performance in its home market.The company repor..

Tesla Shares Fall After Driver Claims Autopilot Caused Crash

Tesla Shares Fall After Driver Claims Autopilot Caused Crash

Tesla Inc. (NASDAQ: TSLA) shares fell on Monday after a Minnesota man claimed his vehicle suddenly accelerated after he engaged the car’s driver-assistance system and crashed into a marsh.Dave Clark, 58, told police the 2016 vehicle left the r..

Tesla Stock in Correction Mode

Tesla Stock in Correction Mode

Tesla Inc. (NASDAQ: TSLA) stock fell more than 3% Monday. During the National Governors Association summer meeting, which took place Saturday, CEO Elon Musk commented on Tesla’s impressive stock market rally year to date – up more than 5..

High-Tech Dashboards to Boost Electronics Market in Auto Industry

High-Tech Dashboards to Boost Electronics Market in Auto Industry

There is a race amongst auto supply companies to provide a new high-tech dashboard for the next models of cars.Current dashboards in auto vehicles, crammed with digital features such as navigation and entertainment systems, are composed of parts fro..

BMW Makes $600 Million Investment In Spartanburg Plant, To Add 1,000 Jobs

BMW Makes $600 Million Investment In Spartanburg Plant, To Add 1,000 Jobs

BMW AG, the German manufacturer, announced on June 26, that it will invest approximately $600 million in the United States. This money will go the company's existing Spartanburg, South Carolina plant. The company will buttress its manufacturing ..