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News
Ford's relationship with CATL and Geely is under government scrutiny (F:NYSE)
5+ day, 18+ hour ago (54+ words) Seeking Alpha U.S. Transportation Secretary Sean Duffy sent a letter to Ford Motor (F) CEO Jim Farley warning that the automaker's ties to supplier Chinese supplier CATL and Chinese automaker Geely (GELYF) (GELHY). "While DOT recognizes the intense competitive pressures of the...
China car exports surge 78% as domestic sales slide for 11th month (FXI:NYSEARCA)
6+ day, 3+ hour ago (58+ words) Seeking Alpha China’s car exports remained strong in August as automakers shipped more vehicles overseas, contrasting with a weak domestic market where sales fell for an 11th straight month. Passenger-vehicle exports jumped 77.8% Y/Y to 894,000 units in August, according to a...
Volkswagen considers selling Ducati in review of holdings (VWAGY:OTCMKTS)
6+ day, 6+ hour ago (60+ words) Seeking Alpha neiu20001/iStock Editorial via Getty Images Volkswagen (VWAGY) is considering selling motorcycle maker Ducati as part of a broader review of its portfolio, Bloomberg reported, citing comments from Audi CEO Gernot Döllner. Ducati is among about 600 of Volkswagen’s 2,000 businesses…...
Waymo expands driverless rides in Denver, San Diego,Tampa; Zoox moves into Houston and San Diego (GOOG:NASDAQ)
1+ week, 5+ day ago (65+ words) Waymo expands driverless rides in Denver, San Diego,Tampa; Zoox moves into Houston and San Diego Seeking Alpha John Wreford/iStock Editorial via Getty Images Alphabet’s (GOOG) (GOOGL) Waymo (WAYMO) is now offering driverless rides to the general public in…...
Tesla leads China’s record vehicle recall over door safety (TSLA:NASDAQ)
3+ week, 2+ day ago (54+ words) Seeking Alpha China has begun its largest vehicle recall, with Tesla (TSLA) and 10 other manufacturers addressing safety concerns involving emergency access to vehicle doors. The campaign covers almost 4.3 million vehicles, highlighting the growing regulatory focus on electronic systems as automakers…...
A U.S. government lab wants to know if Chinese LiDAR is a national security risk -- TechCrunch (HSAI:NASDAQ)
3+ week, 2+ day ago (102+ words) Seeking Alpha Chesky_W/iStock via Getty Images The U.S. government is looking into the risks using Chinese light detection and ranging (LiDAR) technology in U.S autonomous vehicles presents to both national security and drivers’ safety, potentially closing a the remaining loophole against…...