GM to Hire Hackers to Find Bugs in Car Computers
Highly computerized cars or trucks could mean consumers’ data is vulnerable or the driver safety might be endangered if car companies aren’t prepared to cut off at the pass any data breach or threat to cybersecurity.
August 3, 2018Toyota Introduces Version 2.0 of Zero-Emissions Class 8 Electric Truck
Toyota’s new zero-emissions, hydrogen fuel cell Class 8 electric truck is a leap forward to creating a completely environmentally friendly vehicle that lowers air pollution especially around the nation’s ports.
August 3, 2018Dana Expands E-Commerce Aftermarket Platform
Dana Inc. announced it is expanding its e-commerce platform, DanaAftermarket.com, to support customers in the European, Middle Eastern and African regions after recently launching the platform in the United States.
August 3, 2018Beemac Adds Alabama Terminal
Flatbed carrier Beemac Trucking announced it opened a terminal in Birmingham, Ala., to better serve its growing customer demand. The company now has 28 terminals across North America.
August 3, 2018Oil Companies Fret as Congress Debates Russia Sanctions
WASHINGTON — Oil and gas executives have watched wearily in recent years as the relationship between the United States and Russia deteriorated, steadily closing off their ability to drill the vast shale plays underlying Siberia and the deep-water oil fields off Russia’s Arctic coast.
August 3, 2018Sirva Acquires Amsterdam-Based Team Relocations
Sirva Inc.’s first move since being acquired by the private equity investment firm Madison Dearborn Partners is to expand its moving and storage business in Europe with the purchase of Team Relocations, a relocation and move management company based in Amsterdam.
August 3, 2018Tesla Burns $739.5 Million in Cash on Way to Record 2Q Loss
Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars.
August 3, 2018Toyota Logs Record Quarterly Profit, Cuts Full-Year Sales Outlook
TOKYO — Toyota Motor Corp. logged a better than expected performance in the last quarter, reporting Aug. 3 that its quarterly profit jumped 7.2% to a record 657.3 billion yen ($5.9 billion), thanks to strong sales in the United States and other overseas markets.
August 3, 2018US Trade Deficit Widens by $46.3 Billion in June
WASHINGTON — The U.S. trade deficit widened in June for the first time in four months as exports fell and imports grew. Politically sensitive trade gaps with China, Mexico and Canada increased.
August 3, 2018China Plans Tariffs on $60 Billion of Imports to Counter Trump
China announced a list of $60 billion worth of U.S. imports it plans to apply tariffs on should the Trump administration follow through with its latest trade threats.
August 3, 2018