Mercedes-Benz to require U.S. employee vaccinations by Jan. 4
The German automaker said it implemented the move in anticipation of a separate U.S. government vaccine mandate that would apply to businesses with at least 100 employees.
Tesla squanders some of $300 billion market gain on Musk’s Hertz tweet
Musk said that because Tesla has demand for more vehicles than it can produce, the deal with Hertz “has zero effect on our economics.”
Tesla recalling nearly 12,000 U.S. vehicles over software communication error
Tesla said the recall of 11,704 Model S, X, 3 and Y vehicles was prompted after a software update on Oct. 23 to vehicles in its limited early access full self-driving beta population.
Jaguar Land Rover records $413 million quarterly loss on chip shortage
The automaker has unfulfilled demand of 160,000 vehicles. “That’s probably the highest number in history of the company,” finance chief Adrian Mardell said.
Toyota, Honda, Hyundai, Kia sales slip 3rd straight month
Subaru deliveries skidded for the 5th consecutive month in October and industry sales are expected to fall 20 to 30 percent, analysts say, as supply bottlenecks continue to undercut light-vehicle output and dealer stockpiles.