President Donald Trump’s nominee to lead the U.S. Department of Transportation’s internal watchdog division is scheduled to appear before a Senate panel Aug. 6.
August 4, 2020Search
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DOT Funds Four New University Transportation Centers
The U.S. Department of Transportation announced $4.9 million in funding has been awarded to support four new University Transportation Centers.
August 4, 2020SAF-Holland to Supply Air Suspension for VW E-Delivery Truck in Brazil
SAF-Holland announced it has been selected to supply the rear-drive air suspensions for the new VW electric delivery truck in Brazil.
August 3, 2020Tesla’s ‘Mind-Boggling’ Value Leads Bernstein to Downgrade
Tesla Inc.’s soaring valuation led to a downgrade by Sanford C. Bernstein analyst Toni Sacconaghi on July 28, who said it is difficult to justify the market capitalization even using best-case scenarios.
July 28, 2020VW CEO Herbert Diess Lauds Elon Musk Over Tesla’s Earnings
Volkswagen AG’s CEO again praised Tesla Inc.’s Elon Musk, this time for showing it’s possible to profit off electric cars even in the midst of a global pandemic.
July 24, 2020Tesla to Build Factory in Austin, Texas, for Semi Production
Tesla Inc. managed to stay profitable even in the midst of a global pandemic, but something is still nagging at Elon Musk: the electric-car maker isn’t growing fast enough.
July 23, 2020FCA, Waymo Extend Autonomous Partnership
Fiat Chrysler Automobiles and Google affiliate Waymo said July 22 they are extending their partnership in the development and testing of autonomous vehicles for commercial delivery and for future FCA products.
July 22, 2020Tesla Slashes Deposit for China Customers to Just $143
Tesla Inc. lowered the deposit that buyers in China have to put down on its cars, seeking to keep sales momentum in the face of intensifying competition and reductions in the government’s electric-vehicle subsidies.
July 22, 2020Class 8 Trucks to Be Part of Aurora’s Autonomous Testing in Texas
Autonomous vehicle technology developer Aurora plans to launch testing of self-driving Peterbilt Class 8 trucks and smaller vehicles that can be used for package delivery in the Dallas-Fort Worth area this year.
July 20, 2020Texas County Gives Thumbs Up to Tesla Factory Tax Break
The prospect of a Tesla Inc. factory in the Austin, Texas, area has moved a big step closer to reality, after Travis County commissioners on July 14 approved tax breaks the electric vehicle maker requested.
July 15, 2020