BizLizzy Reporter, Author at Business, Science & Industry News

Hyundai-backed self-driving startup Motional delays plans, cuts employees
Auto May 7, 2024 , by BizLizzy Reporter
Motional, the joint venture between Hyundai and Aptiv, said Tuesday it would delay its driverless commercialization plans […]
Little-known self-driving startup raises $1 billion from Nvidia, Microsoft, SoftBank
Auto May 6, 2024 , by BizLizzy Reporter
Wayve is a UK startup with an AI-focused approach to solving autonomy for cars. It’s akin to […]
Lucid reports Q1 net loss of $685 million and revenue of $173 million as cash burn continues
Auto May 6, 2024 , by BizLizzy Reporter
Lucid’s net loss was an improvement over the $780 million loss in the first quarter of 2023, […]
Mercedes dealership sued for allegedly not revealing used car had flood damage
Auto May 6, 2024 , by BizLizzy Reporter
A customer has accused a South Carolina dealership group of fraud, negligence, breach of contract and a […]
Tesla lays off more staff in software, service teams
Auto May 6, 2024 , by BizLizzy Reporter
Electric-vehicle maker Tesla has launched another round of layoffs including staff from the software, service and engineering […]
Openlane Q1 earnings: Net income rises 46%; revenue down 1%
Auto May 6, 2024 , by BizLizzy Reporter
Openlane said wholesale used-vehicle sales facilitated through its online marketplace rose 13 percent in the first quarter. […]
White House pledges $100 million to help small suppliers shift to EV parts
Auto May 6, 2024 , by BizLizzy Reporter
The Biden administration on Monday said it will spend more than $100 million to help small and […]
GM-backed self-driving firm Momenta filing for U.S. stock offering, report says
Auto May 6, 2024 , by BizLizzy Reporter
Momenta is working with China International Capital Corp., Goldman Sachs and UBS Group on a potential listing […]
Rivian to report Q1 earnings as EV maker cuts costs, prepares new models
Auto May 6, 2024 , by BizLizzy Reporter
While Rivian announced an $827 million incentive package from the state of Illinois last week, analysts still […]
From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits
Auto May 6, 2024 , by BizLizzy Reporter
Toyota expects stellar results in its fiscal-year earnings announcement on May 8, from record sales to record […]
Magna adds 363 jobs at 3 operations in Michigan
Auto May 5, 2024 , by BizLizzy Reporter
Magna, the world’s fourth-largest auto supplier, will open an engineering center for lighting in Novi and an […]
Aston Martin brings luxury car feel to Miami condo tower
Auto May 5, 2024 , by BizLizzy Reporter
The Aston Martin Residences Miami features 391 condos, an art gallery, two movie theaters, a golf simulator, […]

Breaking News

Business, Science & Industry News

Hyundai-backed self-driving startup Motional delays plans, cuts employees

Little-known self-driving startup raises $1 billion from Nvidia, Microsoft, SoftBank

Lucid reports Q1 net loss of $685 million and revenue of $173 million as cash burn continues

Mercedes dealership sued for allegedly not revealing used car had flood damage

Tesla lays off more staff in software, service teams

Openlane Q1 earnings: Net income rises 46%; revenue down 1%

White House pledges $100 million to help small suppliers shift to EV parts

GM-backed self-driving firm Momenta filing for U.S. stock offering, report says

Rivian to report Q1 earnings as EV maker cuts costs, prepares new models

From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits

Magna adds 363 jobs at 3 operations in Michigan

Aston Martin brings luxury car feel to Miami condo tower

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