U.S. Auto Sales Maintain Momentum for Now
9/4/2018, 6:19:32 PMMost major auto makers reported increases in U.S. sales in August, though analysts expect consumer demand for new vehicles to cool for the remainder of 2018. ✔ Strong Jeep sales drove a 10% August gain for Fiat Chrysler ✔ Overall U.S. auto sales were expected to rise slightly in August as customers took advantage of Labor Day discounts against a backdrop of a healthy U.S. economy, analysts say ✔ The shift toward higher-priced SUVs and pickup trucks continues unabated, which should help bolster auto makers’ bottom lines
Hyundai Motor Will Finally Join Pickup Truck Market After Sluggish Car Sales
9/4/2018, 7:35:59 PMHyundai Motor has decided to finally join the competition in the pickup truck market amid sluggish sales of its cars. ✔ Hyundai’s sales in the U.S. struggled in the first half of the year ✔ It is also rumored to be front-wheel drive, though the Santa Cruz concept was AWD ✔ There’s also reason to believe that the upcoming vehicle will not focus on towing capacity and other pickup truck metrics, but on its capacity to provide a more manageable footprint
Polestar wants to change almost everything about how you own a car
9/4/2018, 5:40:30 PMPolestar wants to change how you buy cars. ✔ Roberto Baldwin / Engadget Two older gentlemen walk up the stairs of the Polestar booth at Pebble Beach ✔ A hybrid that'll be the last vehicle the company builds with a gas engine ✔ Yet, the list of electrified vehicles coming to showrooms in the next few years continues to grow
Brits spend up to a QUARTER of monthly wages on their motor
9/4/2018, 5:08:51 PMEAST Anglians spend £437 on their cars every month, which amounts to 24 per cent of the average £1,800 salary. Meanwhile, although Londoners allocate the smallest proportion of their earnings to th… ✔ Moneybarn 2 The true cost of owning a car per UK region This includes having the cheapest parking in the UK, with an average of £74.65 per month ✔ UK fuel is the tenth most expensive in Europe, with the Netherlands, Italy and Greece charging the most
Mercedes-Benz reveals its first all-electric SUV
9/4/2018, 5:26:53 PMThe Mercedes-Benz EQC will be the brand's first all-electric production model SUV. It will go on sale in the United States in 2020. ✔ The EQC will be able to go from a stop to 60 miles an hour in just under five seconds ✔ The Mercedes-Benz EQC also has a unique taillight design ✔ Other models in the EQ range will be revealed later, Mercedes has not yet announced pricing for the new model but it will go on sale in the United States in 2020
IndyCar to debut in Austin, return to Laguna Seca in 2019
9/4/2018, 5:35:22 PMINDIANAPOLIS (AP) — IndyCar will make its debut at the Circuit of the Americas in Texas and return to Laguna Seca, California, as part of its 2019 schedule. The 17-r ✔ Circuit of the Americas founder and chairman Bobby Epstein said the track's fan base has been excited for an IndyCar from Year 1 ✔ The road course near Monterey was last the site for an Indy car season finale in 1996 ✔ Takuma Sato drives during the IndyCar auto race Sunday, Sept
Jack Dorsey: Twitter isn’t guided by ‘political ideology’
9/4/2018, 6:46:21 PMDorsey released a prepared statement ahead of his Congressional hearings tomorrow. ✔ Dorsey says that the issue was fixed within 24 hours once identified and upon further investigation, Twitter found that the problem didn't have an effect on Congressional leaders' follower counts ✔ We think increased transparency is critical to promoting healthy public conversation on Twitter and earning trust
Elon Musk is known for sending emails that simply say 'WTF' and an insider says they cause 'huge scrambles' at Tesla
9/4/2018, 5:22:53 PMThe emails say, "WTF". ✔ This includes swapping a chain of command management style for an open-inbox email policy ✔ I have emailed him when certain things started to happen at the company, and I got no response back ✔ We always welcome any suggestions that might help us achieve that goal, the spokesperson added ✔ Are you an insider with a story to tell about Tesla
70-hour weeks and 'WTF' emails: 42 employees reveal the frenzy of working at Tesla under the 'cult' of Elon Musk
9/4/2018, 5:11:25 PMBusiness Insider spoke with employees from all over the organization to find out what it's like to work for one of the world's most ambitious companies. In a word: intense. ✔ They talked about long hours and an intense work environment that some call the Tesla life ✔ They described an attitude of worship that some employees have toward Musk, likening it to a cult ✔ They're burning people out like crazy, the mechanical engineer said ✔ Are you an insider with a story to tell about Tesla
How Amazon's Jeff Bezos went from the son of a teen mom to the richest person in the world
9/4/2018, 4:45:06 PMThe iconic entrepreneur is worth more than $167 billion. Here’s his story. ✔ It was basically just whatever the person had on their mind right now, said Bezos, and that sparked an idea ✔ Here's what makes up the Jeff Bezos empire 12:48 PM ET Thu, 29 June 2017 | 01:05 One of customers said, 'I wish you sold windshield wipers because I need windshield wipers for my car.' A light kind of went on in my head ✔ This is an updated version of a previously published story
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