General Motors has officially agreed to sell its Opel and Vauxhall brands to the PSA Group as the Detroit automaker attempts to stanch more than a decade of staggering losses in Europe.
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Tesla, Profits, Self-Driving Subscription
Tesla, Profits, Self-Driving Subscription
Despite its flagship Fremont, California, factory being shut down since March 23, Tesla announced it posted a $16 million profit during the first quarter of 2020. It's the first time the company has made a profit during the first quarter, which is traditionally a slow period. Also, it was able to eke this out despite shutdowns at its Shanghai and Fremont sites. This and a few news nuggets were announced during an investor call on Wednesday, April 29, including a new timeline for Full Self Driving (FSD), an upcoming Gigafactory announcement, and a Model 3 price drop in China...
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BMW enlisted the help of its Individual departments to create an appearance package named Golden Thunder for the 8 Series. It wraps the inside and the outside in black and adds a handful of gold accents....
The issue will not end any time soon as automakers will add close to 10 million additional inflators to the record-setting recalls in January, according to the report from monitor John Buretta. More than 290 injuries worldwide have been linked to Takata inflators that can explode, spraying metal shrapnel inside cars and trucks.....