(Reuters) – PACCAR Inc beat estimates for fourth-quarter profit and revenue estimates on Tuesday, on sustained demand for its fuel-efficient truck models. Shares of the U.S. truck maker were up…
MILAN (Reuters) – Stellantis will launch eight electric models by the end of 2026 based on a new platform for large vehicles, the automaker said on Friday presenting its ‘STLA…
By Gilles Guillaume PARIS (Reuters) – Renault is banking on new models and a price cut for its Megane model to help in its battle against U.S. rival Tesla Inc…
BEIJING (Reuters) – China’s electric vehicle giant BYD Co Ltd on Friday announced subsidies for some models and a discount of up to 20,000 yuan ($2,803) in December for buyers…
By Foo Yun Chee BRUSSELS (Reuters) – Businesses and tech groups on Thursday warned the European Union against over-regulating artificial intelligence systems known as foundation models in upcoming AI rules…
By Anna Tong and Krystal Hu ChatGPT maker OpenAI is expected to announce product enhancements that will make its AI models cheaper, with more functionality, in its first-ever developer conference…
By Josh Ye HONG KONG (Reuters) – Chinese technology giant Alibaba said on Tuesday it has updated its artificial intelligence (AI) model Tongyi Qianwen and released a suite of industry-specific…
By Gilles Guillaume PARIS (Reuters) – Renault said on Wednesday it will invest 3 billion euros ($3.2 billion) by 2027 to launch eight new vehicles and boost electric vehicle (EV)…
MEUDON, France (Reuters) – Stellantis plans to base seven models on a fifth, low-cost platform, an executive for the automaker said on Tuesday, as it prepares to compete against an…
(Reuters) – Hollywood studios are expected to retain the right to train artificial-intelligence models based on writers’ work under the terms of a tentative labor agreement between the two sides,…
By Josh Ye HONG KONG (Reuters) – China’s craze over generative artificial intelligence has triggered a flurry of product announcements from startups and tech giants on an almost daily basis,…
MOUNT HOLLY, NJ – Hurricane Lee continues to stay one step ahead of weather forecasters and the National Weather Service’s National Hurricane Center. While the storm is expected to continue…
SUZANNE DOWNING: One Of America’s Greatest Role Models Snubbed By Woke School District Suzanne Downing on August 20, 2023 It’s back-to-school season in America. In Alaska, the annual migration of…
By Nick Carey LONDON (Reuters) – Porsche has a plan to gradually electrify its car lineup so that electric vehicles make up 80% of sales by 2030, and it aims…
By Nick Carey LONDON (Reuters) – China’s looming gallium export controls leave automakers with a dilemma over whether they can continue to rely on a metal which had been seen…
(Reuters) – Tesla’s Model S and Model X were not available for order in some Asia-Pacific countries, including Australia, Thailand, Singapore and New Zealand, the automaker’s website showed on Sunday.…
PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of German group Volkswagen, wants to expand its electric vehicle range to six models by 2026, the company said, further boosting its…
BERLIN (Reuters) – Volkswagen’s U.S.-assembled ID.4 models will be eligible for a $7,500 tax credit this year, according to the German carmaker, after new U.S. Treasury requirements on battery sourcing…
By Jane Lanhee Lee OAKLAND, California (Reuters) – Artificial intelligence chip startup Cerebras Systems on Tuesday said it released open source ChatGPT-like models for the research and business community to…
(Reuters) – Volkswagen-owned Audi forecast sizeable revenue growth in 2023 to 69-72 billion euros ($149.53 billion) from 61.8 billion last year, but expects a more conservative earnings margin as higher…
(Reuters) – China’s Geely Auto said on Thursday it aimed to launch seven electrified models under a new premium brand in the next two years. Of the seven models planned…
(Reuters) – Lucid Group said on Thursday that customers will get a $7,500 credit on buying certain variants of the Air luxury electric car, revving up a price war started…
SEOUL (Reuters) – Tesla Inc has cut prices of some of its car models in South Korea, a local Tesla sales official said on Friday, the second straight month the…
By Aditi Shah and Praveen Paramasivam GREATER NOIDA, India (Reuters) – Tata Motors plans to expand its electric car portfolio with new models and higher price points, its managing director…
SHANGHAI (Reuters) – Tesla is offering a limited time discount of 6,000 yuan ($859.20) to Chinese buyers on some models from Wednesday through to the end of 2022, a company…