The SEC wanted the monitor to protect GPB's assets, including the more than three dozen Prime dealerships which it said represent at least 70 percent of GPB's revenue.
Continue Reading the above article 'Monitor overseeing Prime's majority owner wants ov...
Prosecutors selected Neil Barofsky, a lawyer with Jenner & Block who has previous experience serving as an independent monitor, from a list of candidates supplied by the UAW.
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The tech giant will open its existing factory network to auto chip companies to provide more immediate help with the ongoing shortage, CEO Pat Gelsinger told White House officials Monday.
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The Swedish carmaker is among a crowd of new and established automakers putting digital processing power ahead of horsepower as they try to catch up with Tesla Inc.
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Maps+ will be available to about 900,000 vehicles as part of select Connected Services plans. It's an upgrade from GM's OnStar turn-by-turn navigation tool.
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President Biden said he will urge Congress to invest $50 billion in semiconductor manufacturing and research, but the Monday meeting was not expected to immediately lead to a decision or announcement about what to do about chip shortages.
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Mobileye is supplying a fully automated driving system for Udelv’s new Transporter, a boxy electric shuttle without seats or cockpit that is designed specifically for delivery.
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Mercedes-Benz, Toyota, General Motors and Nissan previously have issued vehicle recall notices for the auto supplier's airbag assemblies over a defect that could prevent the airbags from properly deploying during a crash.
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The group, with two stores in New Jersey, has purchased DeSoto Auto Mall. The dealership sells Ford, Chrysler, Dodge, Jeep and Ram vehicles.
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The Chinese telecom giant will partner with three automakers initially to make self-driving cars that carry the Huawei name as a sub-brand.
Continue Reading the above article 'Huawei to invest $1 billion on auto technology...