Tesla Q3 Revenue Climbs, Profit Margins Squeeze
Tesla's third-quarter report shows an 11.6% revenue increase to $28.1 billion but a miss on profit expectations and squeezed operating margins.
#Tesla#Earnings Report#Electric Vehicles
#Automotive Industry
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Honda Boosts Investment in AI for Self-Driving Cars
Honda is expanding its investment in AI startup Helm.ai to accelerate the development of autonomous driving systems for its future electric and hybrid vehicles.
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Magna International Uses AI to Navigate Manufacturing Shifts
Magna International is adopting AI to improve manufacturing and supply chain management as the auto industry adapts to the end of the federal EV tax credit.
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US Auto Industry Faces Policy Shifts as AI Adoption Surges in Medicine
The U.S. auto industry confronts uncertainty from shifting EV policies, while the medical field sees a surge in AI adoption, with 60% of doctors now using the tech.
#Automotive Industry#Artificial Intelligence#Economic Policy
Stellantis and Mistral AI Expand AI Partnership
Automaker Stellantis and AI firm Mistral AI announced an expanded partnership to integrate generative AI across all business operations, from cars to factories.
#Stellantis#Mistral AI#Artificial Intelligence
Customer Sues VW Dealer After Paperwork Error Led to Arrest
A Florida man is suing a Volkswagen dealership, alleging a clerical error led to his new truck being reported stolen and his subsequent arrest at gunpoint.
#Automotive Industry#Lawsuit#Volkswagen