Tag: cars
Los Angeles-based SureSale is developing an independent certification service for used cars
Donny Hall, the chief executive and co-founder of the used car certification service, SureSale, knows used cars. The serial entrepreneur built and sold a previous business which was designed CarSure, an insurance plan for vehicle repairs. After selling that business in 2017 to Innovative Aftermarket Systems, Hall decided that his…
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Tesla to begin deliveries of Model Y by end of first quarter
Tesla said Wednesday that production of the Model Y started this month with the first deliveries of the all-electric compact crossover to begin by the end of the first quarter as the company pushes to extend its profitability streak. Production of the Model Y is at limited volume for now,…
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Tesla shares jump on profitable quarter, Model Y production
Tesla continued its profitability streak in the fourth quarter, earning $105 million, results that beat expectations and sent shares higher in after market trading Wednesday. according to earnings reported after the market closed Wednesday. Tesla also announced Wednesday that production of the Model Y started this month, ahead of schedule.…
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Rivian is building Lincoln an all-electric vehicle
Lincoln Motor’s first all-electric vehicle is coming from Rivian . Lincoln, the luxury brand under Ford, said Wednesday the two companies will work together to develop an “all-new” electric vehicle. This electric vehicle, or at least the intent to build it, was announced in April as part of Ford’s $500…
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GM adds automated lane changes to its hands-free Super Cruise driving system
GM has improved its hands-free driving assistance system Super Cruise, adding a feature that will automatically change lanes for drivers of certain Cadillac models, including the upcoming 2021 Escalade. This enhanced version of Super Cruise, which will include better steering and speed control, puts it back in competition with Tesla’s…
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Tesla calls claims of unintended acceleration in NHTSA petition ‘completely false’
Tesla pushed back Monday against claims that its electric vehicles may suddenly accelerate on their own, calling a petition filed with federal safety regulators “completely false.” Tesla also questions the validity of the petition, noting that it was submitted by a Tesla short-seller. Last week, the National Highway Traffic and…
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