Posts

Hertz results show revenue increase with strong rental car demand

Hertz Global Holdings Inc. on Thursday described&#xA0that its over-all profits rose 13 p.c to $two.05 billion for the quarter finished March 31.&#xA0 The enterprise also posted an modified quarterly internet earnings of 39 cents for each share, when compared with Refinitiv IBES estimates of 21 cents. Desire for rentals continues to be solid as extra organizations mandate do the job from office environment and people today resume their vacation options just after a very long pandemic-induced hiatus. The enterprise also benefited from rate hikes on one particular-way rentals amid flight disruptions in the U.S. previous yr, as extra people today opted to use automobiles and get to their place on time. “Hertz described improved-than-anticipated final results as they continue on to advantage from solid customer need for vacation and the ongoing restoration in company vacation,” Ivan Feinseth, Tigress Economic Companions analyst, explained. Desire for Hertz’s rental provide

Column: Wireless charging helps improve EV purchase consideration

Right after screening a wi-fi charging method manufactured by WiTricity Corp., you will find no question in my brain that it is considerably improved than any plug-in EV charger. But that nonetheless may well not be ample to assure professional results &#x2014 at minimum proper absent. A wi-fi charger eliminates many of the hassles and snags that are sapping the general performance and trustworthiness of plug-in chargers. You can find no button to push to open up a cost port doorway. No plugs to offer with. No credit score card info to enter. Wi-fi charging can also make dwelling with an EV simpler for bodily challenged motorists. In a nutshell, the WiTricity charger will work like this: When a car drives more than a pad on the floor, it routinely “shakes palms” with the charger’s wall box. A charging pad on the floor converts the electrical power it gets from the wall box into a magnetic industry. A receiver underneath the car captures the electricity from the magnetic indu

Boosting the ’66 Chevhell & Dusting the Competition! | Hot Rod Garage

Image
With a few upgrades installed, it’s time for a 1000 horsepower showdown! Watch the new 1000-hp Chevelle take on the 1000-hp Caprice & more! #hotrodgarage #motortrend #horsepower MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive research and news. Get a fast, simple, and free car quote today https://ift.tt/qUAW4bZ Start your MotorTrend Streaming Free Trial today! https://ift.tt/6WrKqlY Follow MotorTrend for the latest! MotorTrend News: https://ift.tt/iemxlZu MotorTrend App: https://ift.tt/nrMf4FY Facebook: https://ift.tt/tJ5nsXG Instagram: https://ift.tt/UGlY7wI Twitter: https://twitter.com/MotorTrend TikTok: https://ift.tt/gPmUd0R MotorTrend preferred music partner: PrimalHouse Music. The post Boosting the ’66 Chevhell & Dusting the Competition! | Hot Rod Garage appeared first on Cars News Magazine . The Auto Xone

Tesla says Elon Musk’s statements on self-driving ‘might have been deep fakes’ in bizarre defense

Image
Tesla has made the decision to use a weird protection in a lawsuit introduced by the loved ones of a Tesla operator who died in an incident though applying Autopilot a couple decades in the past. The automaker claimed that CEO Elon Musk shouldn&#x2019t be designed obtainable to demonstrate some of his statements on self-driving for the reason that some of the general public feedback may well have been &#x201Cdeep fakes.&#x201D The lawsuit revolves all-around the demise of Walter Huang, an Apple engineer who died in his Tesla Model X while driving to work in 2018 . As we earlier noted, the Design X was driving on Autopilot when it entered the median of a ramp on the freeway as if it was a lane and strike a barrier about 150 meters soon after likely into the median. The effect was really serious for the reason that there was no crash attenuator considering the fact that it was currently ruined from a prior crash. The driver was rushed to the clinic, but he died of his

Aurora, Continental to deliver autonomous systems for big trucks

Self-driving engineering developer Aurora Innovation Inc. is turning to world provider Continental as it pushes to commercialize autonomous vehicles. &#xA0 The two corporations reported Thursday they have entered into a partnership to structure, manufacture and provide autonomous methods supposed for significant rigs. They anticipate these methods to be put in on Course eight vehicles that achieve U.S. streets in 2027. &#xA0 3 months just after Aurora reported its self-driving program was “characteristic finish,” possessing the technological abilities wanted for business provider, the settlement now places specifics at the rear of the firm’s industrialization strategies. &#xA0 But Aurora’s milestone and settlement with Continental will come amid uncertainty in the autonomous-trucking section brought on by technological hurdles, funding shortages, regulatory thoughts, pushback from structured labor and financial headwinds. &#xA0 “I know the prevailing sentiment i

Ford BlueCruise 1.2 Adds New Features And Improves Existing System

Image
Ford has started rolling out the hottest edition of its arms-cost-free state-of-the-art driver aid procedure (ADAS), BlueCruise one.two, and so considerably the evaluations have been primarily favorable. We questioned and have been granted the mortgage of a 2023 Mustang Mach-E, geared up with BlueCruise one.two, so we could exam out the procedure ourselves.&#xA0 Just after paying out a 7 days in the Mustang Mach-E, masking about one,000 miles, such as conducting the InsideEVs 70 mph range test , we observed a significant enhancement in excess of BlueCruise one.. The advancements were not minimal to the new characteristics, but also to how perfectly the Mustang Mach-E taken care of its posture in the lane, lowering the quantity of lane wandering (occasionally named “ping-ponging”) that we noticed with BlueCruise one.. Ford BlueCruise one.two with Lane Adjust Guide Arms-cost-free with driver checking Ford’s BlueCruise is&#xA0a arms-cost-free freeway driving aid pr

Battery startup Sparkz strikes partnership with auto workers union

California -centered battery company startup Sparkz Inc. reported Tuesday it experienced agreed to a partnership with the UAW &#xA0as it finalizes designs to commence commercializing zero-cobalt, zero-nickel battery generation. The UAW has been functioning to arrange new battery amenities as the automobile field shifts to electric vehicle generation. Sparkz and the UAW reported they experienced signed a memorandum of being familiar with setting up a nationwide labor-administration arrangement and assertion of neutrality. “Sparkz is very pleased to lover with the United Car Employees to protected the American worker’s location in the new power economic system, whilst re-engineering the battery offer chain domestically,” CEO Sanjiv Malhotra reported in a assertion. White Residence local climate adviser John Podesta praised the announcement. “With this partnership, Sparkz and UAW are encouraging build very good-paying out, large-high quality American careers making batteries fo