Self-driving tech company Aurora issued its earnings report Wednesday, Feb. 16, its first since going public in November. The company says it’s making progress toward a launch of autonomous trucks in late 2023.
Cargo ship fire strands thousands of U.S.-bound VW Group vehicles in Atlantic Ocean
Nearly 4,000 VWs, Porsches, Audis, Lamborghinis and Bentleys are aboard the ship drifting in the Atlantic Ocean. About 1,100 Porsche vehicles are on board, the brand said.
Visteon ‘vigorously' passing cost increases to customers as chip shortage crimps business
The company had 43 new launches last year, 20 percent of which were on EVs. Launches include GM SUVs and trucks, GM Hummer EV, Nissan Ariya, Mahindra XUV700, Ford/Lincoln SUVs and JLR Group Range Rover.
ACV Auctions said its revenue surged 86 percent to a little more than $100 million in the fourth quarter and that it gained dealer partners, but it posted a $26 million net loss.