business finance
“Automakers’ Cheap Sale of Driver Data to Insurers | Giga Gears”
Your car has been spying on you and collecting data. That alone is worrying to many, but a recent letter sent to the Federal Trade Commission (FTC) by two U.S. Senators show something even more sinister: That data is being sold for pennies on the dollar to insurance companies.
“Electric-Only Next-Gen Porsche Cayenne, V8 Model to Coexist | Giga Gears”
If you can believe it, more than 20 years have passed since Porsche introduced the first generation of its Cayenne SUV. What was once a super controversial model that was talked about like it would lead to the death of Porsche has become one of the brand’s biggest sellers and the benchmark of the performance SUV…
Toyota’s Hydrogen Power Expected to Triumph at Le Mans | Giga Gears
Toyota Gazoo Racing is committing to its long-running FIA WEC and Le Mans 24 hypercar program, up to and including building a next-generation car powered by hydrogen. The series had previously announced that it would allow hydrogen-powered vehicles to compete in the top flight Hypercar category, where Toyota currently…
Elon Musk Promises AI and New Models as Tesla Sales Decline
Good morning! It’s Tuesday, July 23, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.
GM Cuts Electric Car Targets by 50,000 Amid Slow EV Growth
Good morning! It’s Monday, July 22, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.