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Capital Research Global Investors now owns 31,074,412 shares of the electric vehicle automaker’s stock valued at $1,520,474,000 after purchasing an additional 5,318,672 shares during the period.
Department of Justice documents pertaining to maker’s Full Self-Driving and Autopilot driver-assistance systemsTesla disclosed the letter of request from the DOJ on Tuesday, scrutiny of the automaker’s systems kicked into high gear.
Source: https://jalopnik.com/u-s-doj-wants-tesla-to-hand-over-autopilot-full-self-1850053450
Ford Motor Co., executive chairman Bill Ford, announces the automaker’s new BlueOval Battery Park, Monday, Feb. 13, 2023, in Romulus, Mich.
In an interview with this past Wednesday (1 March), Volkswagen South Africa managing director, Martina Biene, said the automaker’s production numbers fell by 30 000 units last year as a result of the various stages of power cuts implemented by Eskom.
Source: https://www.citizen.co.za/motoring/volkswagen-low-vehicle-blame-on-load-shedding/
It’s a style statement that helps justify its $40,000-plus price tag, much like a scaled-down interpretation of the automaker’s larger CLS.
Source: https://www.thecarconnection.com/cars/mercedes-benz_cla-class
Quadrant Capital Group LLC now owns 979 shares of the electric vehicle automaker’s stock worth $32,000 after buying an additional 484 shares in the last quarter.
Ronald Blue Trust Inc. now owns 1,745 shares of the electric vehicle automaker’s stock valued at $27,000 after buying an additional 870 shares during the period.
The automaker’s EVs will be also seen in select Netflix shows and films, including “Love Is Blind,” “Queer Eye” and “Unstable,” which will feature the Chevrolet Bolt EUV, GMC HUMMER EV Pickup and Cadillac LYRIQ, respectively.
Source: https://techcrunch.com/2023/02/02/netflix-evs-tv-shows-and-movies-part-new-partnership-with-gm/
The automaker’s recall of 2 million cars comes after a top US auto-safety regulator found its driver-assistance program failed to ensure drivers stay attentive.
Source: https://www.insurancejournal.com/news/national/2023/12/15/752230.htm
The CLA concept car is the first of Mercedes’ new entry-level EV class that will underpin the automaker’s future compact and midsize EVs.
Source: https://techcrunch.com/2023/09/05/affordable-high-tech-evs-in-focus-at-munichs-iaa-mobility-2023/
The strike is scheduled for Sept.18, as the labor unions demand more information about the automaker’s future production plans at the plant.
While still an important model, a report from Australia has confirmed that the current generation Kia Rio will be the automaker’s final iteration to be offered with right-hand drive.
Source: https://www.citizen.co.za/motoring/kia-rio-ending-right-hand-drive/