Taiwan Semiconductor Manufacturing Co. briefly surpassed $1 trillion in market capitalization after Morgan Stanley joined a list of brokers boosting price targets on the chipmaker.
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
GM to Forfeit Emissions Credits in Settlement With EPA
General Motors has agreed to settle allegations that nearly 6 million of its pickups and sport utility vehicles released more emissions than the company reported.
July 3, 2024Ford F-Series Pickup Sales Fall
Ford Motor Co.’s F-Series pickup truck sales dropped in the second quarter as the automaker slowly rolls out a redesign of its top-selling model to avoid quality problems and recalls.
July 3, 2024Chinese Firms Eye Morocco to Cash In on US EV Subsidies
TANGIERS, Morocco — After the U.S. passed subsidies designed to boost domestic EV production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in Morocco.
July 3, 2024Stellantis Invests Additional $55M in Electric Air Taxi
Stellantis has invested an additional $55 million in the electric air taxi company Archer Aviation following a successful test flight and other major milestones.
July 2, 2024Polestar Plans Cuts as EV Tariffs Deepen Loss
Polestar Automotive Holding UK Plc is making more cost cuts after losses deepened in the first quarter as tariff barriers grow and price pressures increase for electric vehicle makers.
July 2, 2024Northvolt Might Slow Battery Projects Due to EV Slump
Northvolt AB may slow its battery projects, the latest in a line of industry reassessments after the transition to electric cars cooled.
July 2, 2024Biden Provides $504 Million to Support 12 Technology Hubs
WASHINGTON — The Biden administration said July 2 that it was providing $504 million in implementation grants for a dozen technology hubs nationwide.
July 2, 2024Tesla Sales Fall for Second Straight Quarter
DETROIT — Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company’s products.
July 2, 2024Securing Legacy Maintenance Software
Outdated fleet software puts your company at risk of cyberattacks. One breach can cripple operations and finances. Download the National Motor Freight Traffic Association Inc.’s (NMFTA)™ whitepaper to learn about new threats, vulnerabilities, and solutions for securing your legacy systems.
July 1, 2024