Toshiba to double power chip production with $1 billion
Announcing plans to more than treble production of power management chips, Toshiba Corp (6502.T) said it will invest approximately 125 billion yen ($1.09 billion)...
As demand rises, Ferrari hints on higher profits
Despite the COVID-19 pandemic, Ferrari (RACE.MI) delivered a record number of cars last year, as worldwide demand for luxury vehicles soared, and the sports...
Tesla to recall nearly 54,000 vehicles that disobeyed ‘stop’ signals
Tesla Inc. (TSLA.O) is recalling 53,822 vehicles in the United States that have the company's Full Self-Driving (Beta) software, which may allow some models...
In 2021’s Consumer Reports reliability study, Tesla and other EVs scored well
In 2021 Consumer Reports’ Auto Reliability Report, Lexus was named the most trustworthy automaker, followed by Toyota and Mazda, with Lincoln, Jeep, and Tesla,...