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Automobiles

All articles tagged with #automobiles

VW's sweeping cost-cutting drive aims to cut up to 100,000 jobs
business15 days ago

VW's sweeping cost-cutting drive aims to cut up to 100,000 jobs

Volkswagen plans to cut up to 100,000 jobs and end production at four German plants (Emden, Zwickau, Hanover and Audi's Neckarsulm), as part of a faster cost-cutting push to streamline the group amid pressure from Chinese rivals. The cuts could represent about 16% of its roughly 625,000 global roles and follow previous German targets, with union negotiations expected to be tough; the move comes after asset sales and a broader drive to focus on core automotive business under CEO Oliver Blume.

via Financial Times|
#automobiles#business#economy
Ferrari’s Luce electrifies Italy’s debate over the Agnelli dynasty
automobiles1 month ago

Ferrari’s Luce electrifies Italy’s debate over the Agnelli dynasty

Ferrari’s first fully electric model, the Luce (€550k, designed with Jony Ive and Marc Newson), has sparked a heated Italian debate about John Elkann’s stewardship of Exor and the Agnelli legacy, amid criticism that asset sales and relocations are detaching Italy from its industrial core, while Ferrari executives defend the pivot and point to expected strong demand.

via Financial Times|
#agnelli#automobiles#electric-vehicles
Trump presses 25% tariff on EU cars unless US production rises
world2 months ago

Trump presses 25% tariff on EU cars unless US production rises

President Donald Trump said he will impose a 25% tariff on EU cars and trucks entering the United States next week unless European manufacturers move production to U.S. plants; shipments manufactured in the United States would face no tariff. The move upends last year's trade deal reducing tariffs on many EU imports and heightens transatlantic tensions, drawing warnings from EU officials and automakers about potential damage to the European auto industry.

via Financial Times|
#automobiles#global-trade#trade-disputes
IRS Announces 2026 Mileage Rates: Business Up, Medical and Moving Down
business6 months ago

IRS Announces 2026 Mileage Rates: Business Up, Medical and Moving Down

The IRS announced that the standard mileage rate for business use of vehicles will increase to 72.5 cents per mile in 2026, while rates for medical and moving purposes will slightly decrease, reflecting updated cost data and inflation adjustments. These rates apply to various vehicle types, including electric and hybrid cars, and are used to calculate deductible vehicle expenses for tax purposes.

via IRS (.gov)|
#2026#automobiles#business
Tesla Under Scrutiny Over Door Safety and Emergency Features
automobiles6 months ago

Tesla Under Scrutiny Over Door Safety and Emergency Features

The NHTSA has launched an investigation into Tesla's Model 3 doors after a consumer petition claimed the manual release is not intuitive in emergencies, raising safety concerns especially after incidents where doors failed to open during crashes. The probe focuses on 179,071 vehicles and follows previous safety issues with Tesla's door handles and emergency features. Tesla is exploring improvements to its door mechanisms amid ongoing safety scrutiny.

via MarketWatch|
#automobiles#door-handles#model-3
This Week's Must-Know Food Recalls and Contamination Alerts
news1 year ago

This Week's Must-Know Food Recalls and Contamination Alerts

This week, several product recalls were announced, including Kia vehicles due to lighting issues, Aldi's churro bites for undeclared milk, Vivint smoke detectors for safety failures, Midea air conditioners for mold risk, BowFlex dumbbells for impact hazards, and Sea Salt Crackers for undeclared sesame allergen, emphasizing the importance of consumer awareness and prompt action.

via NJ.com|
#automobiles#consumer-safety#food
"1968 White Wind Dune Buggy: A $5,900 Bargain?"
automobiles2 years ago

"1968 White Wind Dune Buggy: A $5,900 Bargain?"

An 80-year-old seller is offering a 1968 VW-based White Wind dune buggy for $5,900, noting it needs restoration after decades in storage. The buggy, built in 1969, features a 1600 cc VW engine from a Type 3 and a four-speed transaxle. While the car has some wear and requires significant work, it has a clean title and could be a good project for someone with time to invest.

via Jalopnik|
#automobiles#classic-cars#dune-buggy
technology2 years ago

TomTom and Microsoft collaborate to integrate generative AI into vehicles

TomTom and Microsoft have announced a partnership to bring generative AI technology to automobiles. The collaboration aims to enhance the driving experience by providing real-time, personalized information and services to drivers. This integration of TomTom's navigation expertise and Microsoft's AI capabilities will enable vehicles to generate and analyze data, improving safety, efficiency, and convenience on the road.

via Engadget|
#automobiles#generative-ai#microsoft