Tag: General Motors Co.
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Opinion: San Francisco transit agency sees more concerning incidents with driverless cars
[ad_1] Worrisome incidents involving driverless cars in San Francisco are on the rise and are averaging about 90 reports a month, the head of San Francisco’s Municipal Transit Authority told MarketWatch in a recent interview. The SFMTA is one of three city agencies that recently joined together in letters of protest to the California Public…
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U.S. stocks surge to fresh 15-month highs as S&P 500 heads for best week since March
[ad_1] U.S. stocks climbed to fresh 15-month highs on Friday following a batch of strong big-bank earnings reports, as the S&P 500 index headed for its best week since late March. How are stocks trading S&P 500 SPX, +0.12% gained 46 points, or 0.3%, at 4,520. Dow Jones Industrial Average DJIA, +0.22% gained 169 points,…
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Opinion: Driverless cars are driving San Francisco crazy — ‘They are not ready for prime time’
[ad_1] A street was blocked for road work in my San Francisco neighborhood this month, with a worker holding a large STOP sign to direct traffic. A white car did as instructed, stopping in the middle of the intersection and blocking traffic at the four way intersection. No one was in the driver’s seat and…
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Ford’s U.S. sales rise 11% in latest quarter
[ad_1] Shares of Ford Motor Co. fell nearly 2% Thursday, pulling back from a 10-month closing high in the previous session, amid broad equity-market weakness and after the automaker said its second-quarter U.S. vehicle sales rose 11.2%. Second-quarter U.S. truck sales increased 26.2%, with F-Series sales rising 34%, Ford F said. Electric-vehicle sales continue to…
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Tesla beats 2nd quarter estimates with deliveries of 466,000 vehicles
[ad_1] Tesla Inc. delivered a record number of vehicles in the second quarter, beating market estimates after the electric carmaker increased discounts and incentives, the company reported on Sunday. The Elon Musk-led electric vehicle manufacturer delivered 466,140 vehicles in the three months ended June 30 and produced 479,700 vehicles. The second quarter of 2023 marked…
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U.S. companies told to adapt as Washington fights against forced labor in China
[ad_1] A focus on forced labor and enforcement actions to fight against it are “here for some time,” according to a U.S. Customs and Border Protection official. “It’s going to be a very different environment in the years to come,” said Eric Choy, executive director for trade remedy law enforcement for CBP’s Office of Trade. He…
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Tesla Model Y is the first electric vehicle to be the world’s best-selling car
[ad_1] For the first time ever, an all-electric vehicle — the Tesla Model Y — is now the world’s bestselling car. According to analyst data from Jato Dynamics published by Motor1, the Tesla Model Y has surpassed Toyota’s RAV4 and Corolla models to top global sales rankings in the first quarter of 2023 even though…