At his confirmation hearing Tuesday, Democratic Senators pushed Rohit Chopra to revive the CFPB after the Trump administration weakened enforcement and several rules, while Republicans warned the bureau overstepped its authority previously.
GM did not disclose the impact on volumes or say which supplier or parts were affected by the chip shortage, but said it intends to recover as much of the lost output as possible.
The deep dive into the ID.3 found the platform underpinning VW’s EV models will be fully cost competitive with Tesla and boast best-in-class energy density and efficiency.
If an agreement is struck, it would merge Cruise’s engineering and software capabilities with Voyage’s presence in the retirement community market, which is well suited for a driverless taxi business.
The automaker has long struggled to have the same quality standards as its rivals, CEO Thierry Bollore said.
Stellantis said it was targeting an adjusted operating profit margin of 5.5 percent to 7.5 percent this year, assuming no further significant COVID-19 related lockdowns.
The legislation, introduced Tuesday, would allow a manufacturer to operate dealerships if it “is a manufacturer of all-electric motor vehicles with corporate headquarters and manufacturing facilities in this state.”
European antitrust approval is expected by the end of the year, and if that timeline slips, the companies still expect to hold meetings Jan. 4 to get sign-off from shareholders, Bloomberg reported.
In North Carolina Michael Regan played a central role in shaping Gov. Roy Cooper’s executive order to promote renewable energy, spur zero-emission vehicles and pare the state’s greenhouse gas emissions 40 percent from 2005 levels by 2025.
Technology that allows cars to communicate with each other, the infrastructure and the cloud increases opportunities for hackers.