Pete Buttigieg Says US Is ‘Focused’ on Reducing Auto Emissions

The USA did not join the countries. commitment to rapidly decommissioning petrol and diesel powered vehicles On Tuesday, transportation secretary Pete Buttigieg said the Biden administration is “focused on what we do at home.” Speaking at the United Nations climate conference in Glasgow, where Wednesday’s events focused on transportation, Mr Buttigieg said the United States …

6 Auto Manufacturers and 31 Countries Say They Will Stop Selling Gasoline Vehicles

GLASGOW — At least six major automakers and 31 national governments, including Ford, Mercedes-Benz, General Motors and Volvo, announced Wednesday sales of new gasoline and diesel-powered vehicles worldwide as “leading markets” by 2040 and by 2035. But some of the world’s largest automakers, including Toyota, Volkswagen and the Nissan-Renault alliance, did not join the legally …

6 Auto Manufacturers and 29 Countries Say They Will Stop Selling Gasoline Vehicles

GLASGOW — At least six major automakers and more than two dozen national governments, including Ford, Mercedes-Benz, General Motors and Volvo, pledged on Wednesday to work towards halting sales of new petrol and diesel-powered vehicles worldwide by 2040. 2035 in “leading markets”. But some of the world’s largest automakers, including Toyota, Volkswagen and the Nissan-Renault …

AutoNation’s Profit Increases As Auto Prices Rise

Spherical shortage of computer chips It has hurt auto production, but it’s also helping to increase the profitability of auto retailers. The most recent example came Thursday when AutoNation, a chain of more than 350 new-vehicle dealerships, reported doubling its third-quarter profits to $362 million. As a result, the company’s sixth consecutive record quarter per …

AutoNation’s Profit Increases As Auto Prices Rise

Spherical shortage of computer chips It has hurt auto production, but it’s also helping to increase the profitability of auto retailers. The most recent example came Thursday when AutoNation, a chain of more than 350 new-vehicle dealerships, reported doubling its third-quarter profits to $362 million. As a result, the company’s sixth consecutive record quarter per …

Tesla Earned $1.6 Billion In The Third Quarter As Auto Sales Soared

Autopilot, a computerized system that uses cameras and other sensors to steer, brake and accelerate cars on its own, is the subject of investigation by the National Highway Traffic Safety Administration, the top federal auto safety regulator. The agency is investigating Autopilot’s failure to see parked police cars and other emergency vehicles with flashing lights. …

The IAA Mobility Show Tries to Re-imagine the Auto Show

For industry professionals who make up the bulk of visitors, IAA Mobility also held a Davos-like “summit” on Wednesday that included panel discussions such as “Manage Your Electric Fleet”, “Decarbonising the Automotive Supply Chain” and “Challenge”. The Christian Worldview in the Age of Digitization”. Business and Economy Updated September 9, 2021 at 7:08 PM ET …

BMW and Stellantis reported big jumps in profits as auto sales fell.

The global auto market is recovering strongly despite the lack of essential components such as semiconductors. That was the German automaker’s message on Tuesday. BMW and stellantisOwner of Jeep, Peugeot and Fiat, both reported large increases in profit. BMW said it posted a net profit of 4.8 billion euros, or $5.7 billion, in the second …