Business, Equipment

Stellantis Profit Plunges 48% in First Half of Year

MILAN — Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere July 25 after reporting a plunge in first-half earnings.

July 25, 2024
Government, Business, Technology, Safety

Stellantis Reports Battery Fire Risk for Hybrid Minivans

AUBURN HILLS, Mich. — Stellantis is telling the owners of more than 24,000 plug-in hybrid minivans to park them outdoors, and to stop charging them due to the possibility of battery fires.

July 19, 2024
Business, Technology, Safety, Autonomous

Driverless Car Hits Person Crossing Against Light in China

BEIJING — A driverless ride-hailing car in China hit a pedestrian, and people on social media are taking the carmaker’s side because the person was reportedly crossing against the light.

July 9, 2024
Business, Technology, Equipment

Tesla Sales Fall for Second Straight Quarter

DETROIT — Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company’s products.

July 2, 2024
Government, Business, Safety, Logistics

NTSB Chair Says Norfolk Southern Botched Vent-and-Burn Call

EAST PALESTINE, Ohio — The head of the National Transportation Safety Board said Norfolk Southern tried to interfere with the agency’s investigation into the East Palestine derailment.

June 26, 2024
Government, Business, Safety

Trackside Sensor Didn’t Catch Burning Rail Bearing in Ohio

EAST PALESTINE, Ohio — The NTSB confirmed that a trackside detector failed to detect accurate elevated temperatures in a railcar bearing that was on fire 20 miles away from where it derailed. 

June 25, 2024
Government, Business, Safety

Rail Bridge Collapses During Midwest Flooding

A huge train bridge collapsed into the Big Sioux River near Sioux City, Iowa, late June 23, an emergency manager said.

June 24, 2024
Business, Technology, Autonomous

Chipmaker Nvidia Becomes Most Valuable Company in S&P 500

Nvidia’s startling ascent in the stock market reached another milestone June 18 as the chipmaker rose to become the most valuable company in the S&P 500.

June 18, 2024
Government, Safety, Logistics

Large Chunk of Wyoming’s Teton Pass Road Collapses

JACKSON, Wyo. — A chunk of the Teton Pass collapsed in Wyoming, leaving a chasm in the highway and severing a well-traveled link between towns in Idaho and the tourist destination of Jackson.

June 10, 2024
Business, Equipment

Average US Vehicle Age Hits Record 12.6 Years

DETROIT — Cars, trucks and SUVs in the U.S. keep getting older, hitting a record average age of 12.6 years in 2024 as people hang on to their vehicles largely because new ones cost so much.

May 22, 2024