Industry News
Hurricane Melissa plowed toward Jamaica as a powerful Category 5 storm, threatening to bring widespread destruction to the island.
Via: Claims Journal
The National Highway Traffic Safety Administration said on Friday it is seeking information from Tesla about a new driver assistance mode dubbed “Mad Max” that operates at higher speeds than other versions. Some drivers on social media report that Tesla …
Via: Claims Journal
Europe’s auto industry is working around the clock to prevent the conflict with China over chipmaker Nexperia from triggering production outages. Task forces at Volkswagen AG and ZF Friedrichshafen AG are scouring for replacement supplies and boosting semiconductor stockpiles. While …
Via: Claims Journal
U.S. carrier Alaska Airlines said early on Friday it had restored operations following a technology outage that grounded flights across all airports and led to the cancellation of more than 229 flights. Shares of the airline fell 5.4% in morning …
Via: Claims Journal
Rivian Automotive Inc. agreed to pay $250 million to settle an investor lawsuit, against the electric vehicle maker, saying it's eager to put the legal wrangling behind it.
Via: Claims Journal
When the Winton Motor Carriage Company introduced the inaugural trailer truck model in 1899, it marked the inception of the United States trucking industry by transforming a car into a tractor through the addition of a small trailer. In the …
Via: Claims Journal
Ford Motor Co. expects a profit hit of as much as $2 billion after a devastating fire at a key supplier of aluminum for its top-selling F-150 pickup truck, overshadowing financial results that exceeded expectations. The automaker now expects full-year …
Via: Claims Journal
Tesla is recalling 63,619 Cybertruck vehicles in the U.S. as parking lights that are too bright can reduce visibility of oncoming drivers, increasing the risk of a crash., the U.S. National Highway Traffic Safety Administration (NHTSA) said on Thursday. Related: …
Via: Claims Journal
U.S. Google users who won a $425 million jury verdict in a consumer privacy class action last month have asked a federal judge to force the Alphabet unit to forfeit an additional $2.36 billion in profits. The consumers in a …
Via: Claims Journal
GEICO is taking aggressive action against medical firms in Florida and New York, accusing them of leading multimillion-dollar, no-fault auto insurance fraud schemes. In a lawsuit filed this month in federal court in Tampa, GEICO charged that AJ Therapy Center …
Via: Claims Journal