GM offers a tiny convertible electric car in China
For a chance to get behind the wheel of a Cabrio, consumers will have to enter a lottery, with winners to be announced later in September. The car is made by made by SAIC-GM-Wuling Automobile Co.
Subaru preparing AI-based next-generation EyeSight driver assist systems from 2025
The technology will build upon Subaru’s stereo camera system and use artificial intelligence to improve computer recognition in hard-to-see situations, such as when road lane markers are covered in snow.
Former Chrysler sales exec Tom Pappert dies at 82
Tom Pappert, who was head of sales for the former Chrysler Corp. during two tumultuous decades, died Monday at the age of 82.
Lucid plans to raise another $8 billion in new offering
Lucid, the startup EV maker, filed for a mixed shelf offering, under which it may sell different types of securities in one or more separate offerings with the size, price and terms to be determined at the time of sale.
Warren Buffett's Berkshire trims holdings in BYD
In a Hong Kong Stock Exchange filing, Berkshire said it sold 1.33 million Hong Kong-listed shares of BYD for about $47 million, reducing its stake in the EV maker’s total issued H shares to 19.92 percent from 20.49 percent.