Magna hires 120 engineers, acquires self-driving tech, from Boston AV firm
Magna hired a majority of Optimus’ engineers as part of the transaction. Optimus Ride has discontinued its commercial activities, which were not part of the deal.
3 dealerships in Calif., 1 in Ore. change hands in Q4 deals
Victory Automotive Group and a dealer who just opened GM’s first BrightDrop store were among buyers in transactions in November and December.
Senators back $2 million tax credit for film, TV productions
Tax credits of up to $2 million for film, television and digital productions drew support from senators on Monday as part of an effort to make Florida more attractive to the entertainment industry.
Lawsuit claims these popular pressure cookers burst open, scalding consumers
Boca Raton-based appliance maker Sunbeam faces a federal lawsuit claiming that the locking lids of its Crock Pot-brand pressure cookers can come loose during operation, causing pressurized contents to shoot out of the machines and scald consumers.
2022 Toyota Tundra Capstone rumbles into luxury pickup space
The new halo version of the full-size pickup will ride on standard 22-inch chrome wheels and be loaded with standard options to compete with domestic plush pickups.