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The Truth About Cars
APRIL 16, 2024
General Motors recently announced a move from the Renaissance Center (RenCen), the building it purchased in 1996, to a new location at the Hudson’s Detroit building further north. He did say that GM’s executives and corporate offices, including finance, legal, and other departments would make the move.
The Truth About Cars
JUNE 27, 2023
On Tuesday, Lordstown Motors Corp. Former chief executive of Lordstown Motors, Steve Burns, managed to sell off every share of his stock before the company filed for Chapter 11. Meanwhile, the Lordstown Motors of today is on damage control with the business issuing a press release explaining the bankruptcy and what it intends to do.
Teslarati
NOVEMBER 6, 2023
May Mobility says it has technology that’s the equivalent of Level 4 automated driving, which means that the vehicles won’t be required to have a driver at certain points and in regions where it’s designated as legal, according to Society Automotive Engineers (SAE) autonomy designations.
The Truth About Cars
OCTOBER 18, 2023
Ohio-based Lordstown Motors has received approval from the U.S. that inflated Lordstown Motors’ valuation in October 2020, Burns owned about 25 percent of the company stock. While LAS Capital has no formal affiliation with Lordstown Motors, it didn’t take long for people to notice that Burns was involved.&
The Truth About Cars
NOVEMBER 6, 2023
On Friday, Cruise confirmed that its board had hired an outside law firm and technology consultants after the California Department of Motor Vehicles suspended its driverless vehicle operations. But the hiring of a legal team and technology experts makes it sound like it’s gearing up to defend itself. That’s understandable.
The Truth About Cars
APRIL 16, 2024
General Motors has been trimming employment numbers for years and recently announced plans to abandon the iconic Renascence Center to set up shop within a smaller building. Legal challenges have also been raised on behalf of the manufacturer.
The Truth About Cars
JULY 13, 2023
steering wheels and pedals) have to be given exceptions from the Federal Motor Vehicle Safety Standards (FMVSS) to legally operate in populated areas, NHTSA leadership believes that having access to the data they’ve collected will be useful in informing decisions on how the rules could be changed. That does make sense.
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