Self-driving startup Aurora plans to go public with valuation of $11 billion
Aurora says it expects to have $2.5 billion in cash at closing, raising nearly $2 billion from the transaction.
Daimler says Q2 earnings robust despite chip shortages
The pricing power of Mercedes cars overcame lower production volumes due to a global chip shortage, which limited factory output.
Detroit SUV plant among Stellantis factories halting production
The plant in Detroit, which makes the Jeep Grand Cherokee, will be offline from July 11 to Aug. 1 owing to the global microchip shortage.
GM says some Chevy Bolt EV owners should park outside after 2 fires
GM said the mandate should apply to owners of model-year 2017-2019 Chevrolet Bolt EVs that were part of a November 2020 recall.
U.S. urges 50,000 Chevy Bolt owners to park outside because of fire risks
GM made the same recommendation and added owners should not leave vehicles charging overnight.