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Is Tiger Woods’ crash bad news or good news for Genesis? It depends
What is ? If you can’t answer that question beyond the biblical sense, don’t worry, because you’re not alone. Searches for both that phrase and the word “Genesis” spiked this week after it was reported that after rolling a off of a California road early on Tuesday.Ticker Security Last Change Change % HYUNDAI MOTOR CO. LTD. 33.69 -0.76 -2.21% It’s not that surprising. The Hyundai-owned automaker only introduced its first vehicle as a standalone brand in 2017 after previously using the name on a . Annual sales for the brand broke 21,000 in 2019 before dropping to just over 16,000 during the...…What is ? If you can’t answer that question beyond the biblical sense, don’t worry, because you’re not alone. Searches for both that phrase and the word “Genesis” spiked this week after it was reported that after rolling a off of a California road early on Tuesday.Ticker Security Last Change Change % HYUNDAI MOTOR CO. LTD. 33.69 -0.76 -2.21% It’s not that surprising. The Hyundai-owned automaker only introduced its first vehicle as a standalone brand in 2017 after previously using the name on a . Annual sales for the brand broke 21,000 in 2019 before dropping to just over 16,000 during the...WW…
Elon Musk confirms Tesla plant closure amid stock slide
Tesla CEO confirmed Thursday night that the automaker's Fremont, Calif., factory had shut down for two days this week due to a parts supply issue, but was back up and running. Musk was responding to a Twitter follower asking for an update after that the Model 3 production line at the plant would be closed for two weeks. Tesla shares fell 8% on Thursday and were down in pre-market trading Friday. Earlier this week the stock entered a bear market, down 20% from recent highs. Musk didn't elaborate on the supply issue, or whether it was the entire plant that had closed and reopened. Along with...…Tesla CEO confirmed Thursday night that the automaker's Fremont, Calif., factory had shut down for two days this week due to a parts supply issue, but was back up and running. Musk was responding to a Twitter follower asking for an update after that the Model 3 production line at the plant would be closed for two weeks. Tesla shares fell 8% on Thursday and were down in pre-market trading Friday. Earlier this week the stock entered a bear market, down 20% from recent highs. Musk didn't elaborate on the supply issue, or whether it was the entire plant that had closed and reopened. Along with...WW…
General Motors to go all-electric by 2035
has committed to transitioning its entire fleet of light-duty vehicles to zero-emissions powertrains by 2035 as part of an effort to go carbon neutral across the company by 2040. GM is in the process of launching and expects the roll-out to accelerate in the following years. The 2035 goal applies to cars and light-duty trucks, with heavy and medium-duty trucks following by 2040. GM currently sells 137 different models worldwide.With the move, GM becomes the first major legacy automaker to put a hard date on finalizing an all-electric vehicle lineup. “General Motors is joining governments...…has committed to transitioning its entire fleet of light-duty vehicles to zero-emissions powertrains by 2035 as part of an effort to go carbon neutral across the company by 2040. GM is in the process of launching and expects the roll-out to accelerate in the following years. The 2035 goal applies to cars and light-duty trucks, with heavy and medium-duty trucks following by 2040. GM currently sells 137 different models worldwide.With the move, GM becomes the first major legacy automaker to put a hard date on finalizing an all-electric vehicle lineup. “General Motors is joining governments...WW…
General Motors to go all-electric by 2035
FoxNews.com Automotive Editor Gary Gastelu on General Motors launching electric vehicles and their competition. has committed to transitioning its entire fleet of light-duty vehicles to zero-emissions powertrains by 2035 as part of an effort to go carbon neutral across the company by 2040.Continue Reading BelowGM is in the process of launching and expects the roll-out to accelerate in the following years. The 2035 goal applies to cars and light-duty trucks, with heavy and medium-duty trucks following by 2040.With the move, GM becomes the first major legacy automaker to put a hard date on...…FoxNews.com Automotive Editor Gary Gastelu on General Motors launching electric vehicles and their competition. has committed to transitioning its entire fleet of light-duty vehicles to zero-emissions powertrains by 2035 as part of an effort to go carbon neutral across the company by 2040.Continue Reading BelowGM is in the process of launching and expects the roll-out to accelerate in the following years. The 2035 goal applies to cars and light-duty trucks, with heavy and medium-duty trucks following by 2040.With the move, GM becomes the first major legacy automaker to put a hard date on...WW…
PSA Group shareholders vote to approve merger with Fiat Chrysler
Shareholders in Peugeot owner PSA Group voted overwhelmingly on Monday to approve the automaker’s proposed merger with . During an online meeting, 99.85% of PSA investors voted in favor of the deal ahead of a vote by Chrysler shareholders scheduled for later in the day.“We are fully aware of the fact that together we will be stronger than individually,'' PSA CEO Carlos Tavares said during the meeting. “The two companies are in good health. These two companies have strong positions in their markets.” Tavares is set to become CEO of the new company, called Stellantis, while Fiat Chrysler...…Shareholders in Peugeot owner PSA Group voted overwhelmingly on Monday to approve the automaker’s proposed merger with . During an online meeting, 99.85% of PSA investors voted in favor of the deal ahead of a vote by Chrysler shareholders scheduled for later in the day.“We are fully aware of the fact that together we will be stronger than individually,'' PSA CEO Carlos Tavares said during the meeting. “The two companies are in good health. These two companies have strong positions in their markets.” Tavares is set to become CEO of the new company, called Stellantis, while Fiat Chrysler...WW…
Toyota's Hino to sell hydrogen fuel cell semi-trucks
Toyota has announced plans to introduce a hydrogen fuel-cell powered semi in the U.S. that could potentially compete with if the embattled Arizona startup’s vehicles ever make it to production. The will be based on the recently introduced XL series tractor from Toyota-owned Hino and use a zero-emission powertrain that Toyota has been testing by hauling freight between the . California Governor along with all new light-duty vehicles sold in the state. "Expanding upon our proud heritage of the Hino powertrain, Toyota Fuel Cell Technology offers our customers a commercially viable,...…Toyota has announced plans to introduce a hydrogen fuel-cell powered semi in the U.S. that could potentially compete with if the embattled Arizona startup’s vehicles ever make it to production. The will be based on the recently introduced XL series tractor from Toyota-owned Hino and use a zero-emission powertrain that Toyota has been testing by hauling freight between the . California Governor along with all new light-duty vehicles sold in the state. "Expanding upon our proud heritage of the Hino powertrain, Toyota Fuel Cell Technology offers our customers a commercially viable,...WW…
GM confirms return of HUMMER name on all-electric truck to be sold by GMC
You can now listen to Fox News articles!HUMMER is coming back … and it’s a in more ways than one.General Motors has confirmed that it is dusting off the decade-dormant brand name for a battery-powered monster truck called the HUMMER EV. The all-electric vehicle will be sold through GMC, rather than a rebooted standalone HUMMER division, and is set to be the most powerful vehicle GM has ever produced.GMC says the truck features an all-wheel-drive electric powertrain with 1,000 hp and 11,500 lb-ft of torque that can accelerate it to 60 mph in just 3 seconds, which would rival the performance...…You can now listen to Fox News articles!HUMMER is coming back … and it’s a in more ways than one.General Motors has confirmed that it is dusting off the decade-dormant brand name for a battery-powered monster truck called the HUMMER EV. The all-electric vehicle will be sold through GMC, rather than a rebooted standalone HUMMER division, and is set to be the most powerful vehicle GM has ever produced.GMC says the truck features an all-wheel-drive electric powertrain with 1,000 hp and 11,500 lb-ft of torque that can accelerate it to 60 mph in just 3 seconds, which would rival the performance...WW…
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