Musk expects volume production of new Tesla ‘robotaxi’ by 2024 after record Q1 earnings

Tesla Inc. expects to reach volume production of a new ‘robotaxi’ vehicle without a steering wheel or pedals by 2024, CEO Elon Musk said on the automaker’s first-quarter earnings call Wednesday. The goal of the new model, which would use Tesla’s still-incomplete “full self-driving” software, is to reach the lowest cost per mile for a […]

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What It Took To Salvage That Drowned Ford Bronco In Maine From The Guy Who Saved It

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Ex-Ferrari tech chief eyed for McLaren CEO post, report says

McLaren Automotive is considering hiring Michael Leiters, the former head of technology at Ferrari, as its next CEO, according to people familiar with the matter.  Leiters stepped down from Ferrari in December as part of a leadership reorganization under new CEO Benedetto Vigna, and is one of the main candidates being evaluated for the top job

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Conti restarts tire production in Russia to protect local workers

FRANKFURT — Continental said it has resumed production at its Russian plant in Kaluga to protect local workers who could otherwise face criminal charges. “Our employees and managers in Russia face severe criminal consequences should we refrain from serving local demand,” the German supplier said on Tuesday. Continental did not elaborate on the potential charges

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Shanghai’s manufacturing plant restarts fall short due to lack of truckers, parts

Even those companies in China whose factories are operating under so-called closed-loop systems might be forced to stop work due to parts shortages or logistical challenges that make moving people and goods around the country near impossible, a European chamber of commerce has warned. “A few companies are running in closed-loop production now. Those companies

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Ford wins order for 750 E-Transit vans from Penske Truck Leasing

DETROIT — Penske Truck Leasing has ordered 750 Ford E-Transit electric cargo vans, the latest high-profile company to buy in following the vehicle’s February launch. Penske plans to take delivery of the first several vans in the coming weeks, it said in a release. Those vans will be made available to customers in Southern California,

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