Filed under: Aftermarket,Ford,Coupe,Performance
Shelby American announces Mustang Shelby GT500SE with over 800 horsepower, plus GT350SE limited edition variants originally appeared on Autoblog on Fri, 31 Jul 2020 16:00:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Earnings/Financials,Green,Podcasts,BMW,Honda,Hyundai,Infiniti,Mazda,Truck,Crossover,SUV,Future,Hybrid,sedan
The editors also discuss Hyundais and BMWs
Continue reading Driving the Honda Ridgeline and marveling at Tesla | Autoblog Podcast #638
Driving the Honda Ridgeline and marveling at Tesla | Autoblog Podcast #638 originally appeared on Autoblog on Fri, 31 Jul 2020 15:00:00 EDT. Please see our terms for use of feeds.
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Continue reading Watch episode three of 'The Autoblog Show' online
Watch episode three of 'The Autoblog Show' online originally appeared on Autoblog on Fri, 31 Jul 2020 14:30:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Mercedes-Benz,Commerce
Continue reading Win a 600+ horsepower Mercedes-AMG E 63 S Wagon and $20,000
Win a 600+ horsepower Mercedes-AMG E 63 S Wagon and $20,000 originally appeared on Autoblog on Fri, 31 Jul 2020 14:00:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Technology
Continue reading Here's what the inside of a tire looks like as it goes down the road
Here's what the inside of a tire looks like as it goes down the road originally appeared on Autoblog on Fri, 31 Jul 2020 13:30:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Etc.,Volkswagen,Automotive History,Bikes,sedan
Continue reading Junkyard Gem: 1997 Volkswagen Jetta Trek Edition
Junkyard Gem: 1997 Volkswagen Jetta Trek Edition originally appeared on Autoblog on Fri, 31 Jul 2020 12:30:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Plants/Manufacturing,Land Rover,SUV,Luxury,Off-Road
Continue reading Land Rover Defender delays mount due to coronavirus-related production issues
Land Rover Defender delays mount due to coronavirus-related production issues originally appeared on Autoblog on Fri, 31 Jul 2020 10:39:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Commerce
Continue reading The Grip-Lock is a smart, portable way to lock up your motorcycle
The Grip-Lock is a smart, portable way to lock up your motorcycle originally appeared on Autoblog on Fri, 31 Jul 2020 10:03:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Comparison,Ford,Toyota,SUV,Off-Road
Continue reading 2021 Ford Bronco vs 2021 Toyota 4Runner | How their specs compare
2021 Ford Bronco vs 2021 Toyota 4Runner | How their specs compare originally appeared on Autoblog on Fri, 31 Jul 2020 10:00:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsOFF THE TOP
You might have heard: The Department of Justice has been quietly exploring ways to more easily spy on journalists (The Hill)
But did you know: The Department of Homeland Security compiled ‘intelligence reports’ on journalists who published leaked documents (The Washington Post)
After two journalists — a reporter for the New York Times and the editor in chief of the blog Lawfare — published leaked, classified documents about DHS operations in Portland, Ore., the department’s Office of Intelligence and Analysis compiled intelligence reports focused on the journalists’ tweets sharing the information. The reports, obtained by The Washington Post, include written descriptions and images of the tweets and the number of times they had been liked or retweeted by others. An article published yesterday by The Post prompted the acting homeland security secretary, Chad Wolf, to order the intelligence office to stop collecting information on journalists and to announce an investigation into the matter. “This has no operational value whatsoever,” said John Sandweg, the department’s former acting general counsel. “This will just damage the intelligence office’s reputation,” he added, calling the decision to report on journalists “incredibly dumb.”
+ Noted: Report for America is taking applications from newsrooms that want to host reporters for 2021-22 (Report For America); Philadelphia education news site The Notebook partners with Chalkbeat to form Chalkbeat Philadelphia (The Notebook); Pittsburgh Post-Gazette union journalists will vote to go on strike (Pittsburgh City Paper)
API UPDATE
In this week’s edition of ‘Factually’
How censorship claims are misused for partisan gain, should Big Tech work together to limit conspiracy theories, and Russians are using lessons learned from the 2016 election to spread COVID-19 disinformation. Factually is a weekly newsletter produced by API and the Poynter Institute that covers fact-checking and misinformation.
TRY THIS AT HOME
How The Rivard Report has been so successful at generating earned revenue (Institute for Nonprofit News)
The San Antonio-based nonprofit, which started in 2012 as a community blog, has managed to grow its earned revenue — coming from event sponsorships, advertising and business memberships — so that it now makes up more than a quarter of its total revenue. The core reason for this is that it has a five-person business development team that works closely with business clients to create custom packages that suit the clients’ needs. A custom package might include a flat rate for advertising, plus sponsorships and a business membership to the news site. This case study from INN explains the team’s workflow.
+ If you can’t aggressively moderate it, shutting down your comments section could help contain the spread of COVID-19 misinformation (Twitter, @millie)
OFFSHORE
In Nigeria, thinking of financial journalism as financial education (Reuters Institute)
After several years as a financial journalist in Nigeria, the poverty capital of the world, Adesola Akindele-Afolabi realized that she was writing only for the country’s business elite. “My audience at that time was made up of the 2% of the country’s nearly 200 million people who had savings of $1,400 or more in their bank accounts,” she writes. “The people who actually needed financial information are the >50% of Nigerian adults living in rural areas.” Thanks to increasing internet connectivity in those areas, it is now much easier to deliver journalism to this demographic. Akindele-Afolabi now focuses her journalism on the average Nigerian’s financial information needs, including topics like microfinance, loan accessibility, pensions, inclusive banking, and — “maybe, much later” — investment opportunities.
+ Australia releases draft code under which Google and Facebook would be forced to share revenue with news companies (The Guardian)
OFFBEAT
How, when and if publishers are returning to the office (Digiday)
Five months into the coronavirus crisis, publishers are thinking about how to safely start bringing their employees back to the office. But many say they have begun thinking differently about how — and why — work gets done in the office. “It’s not just for the sake of coming in, but being intentional with how you’re coming in,” said Natalie De Paz, a manager at the consulting firm Landor & Fitch. Companies need to “define the activities that would make the most sense in a workspace,” meaning that office space should be seen as a collaboration environment versus a place where workers filter in and out on a daily basis to sit at a desk, she suggested.
+ Earlier: How remote work, continuing in a post-pandemic world, could pave the way for women in newsrooms (WAN-IFRA)
UP FOR DEBATE
‘This was the week America lost the war on misinformation’ (The Washington Post)
The viral spread this week of a video featuring dangerous misinformation about the coronavirus — helped along by President Trump’s sharing it — signals that “we’ve not only lost the public-health war, we’ve lost the war for truth,” writes Margaret Sullivan. “Misinformation and lies have captured the castle.” As new research from Pew shows, Americans who rely on social media as their pathway to news are more ignorant and more misinformed than those who come to news through print, a news app on their phones or network TV. This growing group is frequently absorbing fake news — but according to Pew, they’re also the ones who tend to be least concerned about that. “In a society that depends on an informed citizenry to make reasonably intelligent decisions about self-governance,” writes Sullivan, “this is the worst kind of trouble.”
SHAREABLE
Making corrections spread faster on social media — is there a tool for that? (News Co/Lab)
ASU’s News Co/Lab has been working on a tool that would help news organizations send story corrections and major updates down the same social media paths as the original stories, and it’s looking for more newsrooms to test the tool in the real world. The Kansas City Star, for example, used it to automatically send an update on a coronavirus article to people who had shared the original article with their followers on Twitter. “Thank you for sharing the Star’s story,” the tweet, sent as a reply to those users, read. “Here are the latest KC COVID-19 numbers,” with a link to the update. Eric Nelson, McClatchy’s Central regions growth editor, said users were appreciative of the communication and “even thanked us for the updates.”
FOR THE WEEKEND
+ “A very strong defensive play for local papers”: How The Matchup, local newspapers’ collaborative response to The Athletic, could rescue their sports coverage (A Media Operator)
+ What it’s like to cover the Portland protests (CJR)
The post Need to Know: July 31, 2020 appeared first on American Press Institute.
Filed under: Honda,Truck,Road Tests
Continue reading 2020 Honda Ridgeline Road Test | Hauling dirt
2020 Honda Ridgeline Road Test | Hauling dirt originally appeared on Autoblog on Fri, 31 Jul 2020 09:00:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Plants/Manufacturing,Subaru,Toyota,Coupe,Future,Performance
Continue reading Subaru ends orders for BRZ in Japan as production winds down
Subaru ends orders for BRZ in Japan as production winds down originally appeared on Autoblog on Fri, 31 Jul 2020 08:45:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Earnings/Financials,Chrysler,Fiat
Italian-American automaker Fiat Chrysler Automobiles (FCA) posted a smaller-than-expected operating loss in the second quarter, as a small profit in North America helped to limit the damage wrought by the COVID-19 pandemic. FCA said on Friday it made an adjusted loss before interest and tax of 928 million euros (838.3 million pounds) in April-June, versus a forecast 1.87 billion euro loss in an analyst poll compiled by Reuters. The group also said it made adjusted earnings b
Continue reading North America profit helps Fiat Chrysler limit its losses from coronavirus
North America profit helps Fiat Chrysler limit its losses from coronavirus originally appeared on Autoblog on Fri, 31 Jul 2020 08:32:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Earnings/Financials,Plants/Manufacturing,Mazda
Mazda Motor Corp forecast a record annual operating loss on Friday as the Japanese automaker continues to be pummelled by falling vehicle sales due to the COVID-19 pandemic. Japan's No. 5 automaker anticipates a 40 billion yen (291.67 million pounds) loss for the year to March, joining a growing number of automakers including Ford Motor Co and Nissan Motor Co which expect annual losses after the virus shuttered vehicle plants and kept customers away from car dealerships.
Continue reading Mazda braces for record annual operating loss as car sales slump
Mazda braces for record annual operating loss as car sales slump originally appeared on Autoblog on Fri, 31 Jul 2020 08:05:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Motorsports,Racing
Mexican Formula One driver Sergio Perez will miss Sunday's British Grand Prix after testing positive for COVID-19, his Racing Point team said on Thursday. With Britain extending the virus isolation period to 10 days from seven on Thursday, Perez also looks set to miss the 70th Anniversary Grand Prix -- race five -- at the same circuit on the following weekend. Racing Point share reserves with engine supplier Mercedes, who have Belgian Stoffel Vandoorne and Mexican Esteban Gutierrez in those ro
Continue reading F1 driver Sergio Perez is COVID-19 positive, will miss British Grand Prix
F1 driver Sergio Perez is COVID-19 positive, will miss British Grand Prix originally appeared on Autoblog on Thu, 30 Jul 2020 19:43:00 EDT. Please see our terms for use of feeds.
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Continue reading Barrett-Jackson plans scaled-back fall auction in Scottsdale
Barrett-Jackson plans scaled-back fall auction in Scottsdale originally appeared on Autoblog on Thu, 30 Jul 2020 14:16:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Government/Legal,Green,Honda,Motorcycle,Electric
Continue reading Honda trademarks 'Motocompacto' and we're hoping for a Motocompo revival
Honda trademarks 'Motocompacto' and we're hoping for a Motocompo revival originally appeared on Autoblog on Thu, 30 Jul 2020 14:00:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Videos,Original Video
We're playing F1 2019 today.
Continue reading Autoblog is Live: Playing Mario Kart 8
Autoblog is Live: Playing Mario Kart 8 originally appeared on Autoblog on Thu, 30 Jul 2020 13:50:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Green,Cadillac,Crossover,Electric,Luxury
Continue reading Cadillac Lyriq teased ahead of debut next week
Cadillac Lyriq teased ahead of debut next week originally appeared on Autoblog on Thu, 30 Jul 2020 12:56:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Commerce
Continue reading Blipshift's '96 Hours of BS' sale starts right now
Blipshift's '96 Hours of BS' sale starts right now originally appeared on Autoblog on Thu, 30 Jul 2020 12:00:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Plants/Manufacturing,Honda
Continue reading Honda asks office workers to help build cars as it struggles with COVID-19
Honda asks office workers to help build cars as it struggles with COVID-19 originally appeared on Autoblog on Thu, 30 Jul 2020 11:24:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Motorsports,Acura,Luxury,Performance,sedan
Continue reading 2021 Acura TLX Type-S to be powered by 355-horsepower V6
2021 Acura TLX Type-S to be powered by 355-horsepower V6 originally appeared on Autoblog on Thu, 30 Jul 2020 11:11:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Reviews,Kia,First Drives,sedan
Continue reading 2021 Kia K5 First Drive | Comfy, cool, but not quite king
2021 Kia K5 First Drive | Comfy, cool, but not quite king originally appeared on Autoblog on Thu, 30 Jul 2020 10:53:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Green,Fisker,Truck,Crossover,Electric,sedan
Continue reading Fisker plans lineup of four electric vehicles by 2025
Fisker plans lineup of four electric vehicles by 2025 originally appeared on Autoblog on Thu, 30 Jul 2020 10:39:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Porsche,Wagon,Luxury,Performance,sedan
Continue reading Porsche explains why the Panamera isn't getting a drift mode
Porsche explains why the Panamera isn't getting a drift mode originally appeared on Autoblog on Thu, 30 Jul 2020 10:00:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsThe major social media platforms aren’t always in lockstep on what content they moderate. But this week, Twitter, Facebook and YouTube were all on the same page in blocking a video of a group called “America’s Frontline Doctors” touting the anti-malaria drug hydroxychloroquine as a cure for COVID-19, contrary to scientific evidence. One of the doctors said “you don’t need masks” to halt the spread of the virus.
By now, the story of the video is well known — the retweets by President Donald Trump and his son, the fact-checks that followed, and the bizarre beliefs of one of the doctors involved, Stella Immanuel.
What happened in the days after that, though, is key in understanding the methods and tactics of people who push unproven “cures” and other falsehoods and then have their content blocked: The blocking itself and the claims of censorship that follow become part of the attempt to get attention.
The day after the video of their Washington press conference was removed, the white-coated doctors were out again talking about the same messages, but with an added angle: They were being silenced.
“We’re coming after you Big Tech, we’re coming after you,” said Simone Gold, one of the doctors leading the effort. “We won’t be silenced,”
The “censorship” message then took off among the doctors’ supporters on Twitter and other platforms.
This is a common tactic among groups that champion unconventional messages. The censorship claim becomes central to their efforts to control the narrative, said Aimee Rinehart, U.S. deputy director of the nonprofit organization First Draft, which fights disinformation.
Cries that “Big Tech is censoring us!’” become part of the attention grab, she said, even though the platforms are clear that they will only remove content that spreads false information about the coronavirus or messages that suppress the vote.
The doctors’ events were also held the same week that the CEOs of Amazon, Google, Facebook and Apple (Twitter was not among them) were testifying before a House subcommittee, which is probing the power of the tech companies. So it was convenient timing for the doctors, since there was a good chance that the platforms’ decision to take down the video would come up in the hearing, and it did.
In short, the doctors were successful in inserting their cause into the hearing, in effect, using the platforms’ content moderation decision to extend what might otherwise have been written off as a one-news-cycle fringe event.
– Susan Benkelman, API
This week, Brazilian fact-checking organizations Agência Lupa and Aos Fatos debunked a claim that citrus fruit peels contain the same basic ingredients as chloroquine and ivermectin.
Chloroquine has been shown to be ineffective at treating COVID-19, according to studies by both the World Health Organization and U.S. Centers for Disease Control and Prevention. Ivermectin, a medicine used to treat heartworm in animals and roundworm in humans, has shown some promise in early studies to treat COVID-19, but has not been properly vetted and approved to treat the disease.
Both fact-checkers talked to experts who explained both chloroquine and ivermectin are created through combining other chemicals in laboratory settings. They do not exist in citrus fruit peels. Both also noted misinformation about using citrus to treat COVID-19 is not new, and put this latest hoax in that context.
What we liked: This is a unique fact-check that builds on the work fact-checkers have been doing throughout the infodemic. It reiterates the current scientific understanding about the efficacy of chloroquine, and recognizes the trope of citrus fruits being used to treat COVID-19. This falsehood is a combination of those two narratives, and Aos Fatos and Agência Lupa unpack that for their readers.
– Harrison Mantas, IFCN
Gulin Cavus, editor-in-chief of Turkish fact-checking organization Teyit, spoke to NPR about that country’s new law tightening controls on social media.
That’s it for this week! Feel free to send feedback and suggestions to factually@poynter.org. And if this newsletter was forwarded to you, or if you’re reading it on the web, you can subscribe here. Thanks for reading.
The post Factually: Misinformation and claims of censorship appeared first on American Press Institute.
OFF THE TOP
You might have heard: Artificial intelligence won’t take over journalists’ jobs (Polis)
But did you know: A lesson in automated journalism: Bring back the humans (Nieman Lab)
Duke University’s Tech & Check team has been using automation and artificial intelligence to fact-check statements made by politicians and political candidates since 2017. Now, the co-directors of the Duke University Reporters’ Lab say that despite the successes of their technology, “human help is still vital.” In the case of their video fact-checking app, it was often hard for voice-to-text and matching algorithms to accurately find the right fact check for the right claim. So the team has developed a new app, Gardener, which allows humans to weed out bad matches and make the final call on what appears.
+ Related: Machines are gaining the ability to write, and they are getting terrifyingly good at it (The New York Times)
+ Noted: Poynter Institute announces 57 emerging journalists named to Poynter-Koch Media and Journalism Fellowship (Poynter); Current has launched its fourth Local that Works contest (Current); Conde Nast shows more signs of cookie-less future for publishers (MediaPost); Los Angeles Times journalists will be working full time again starting next week (Twitter, @latguild); Hearst Magazines staffers vote to form a union (CNN)
API UPDATE
How the Indianapolis Star’s multimedia project playbook helped earn nearly $100,000 in sponsorships (Better News)
The Indianapolis Star created a playbook that helps journalists build a business plan for multimedia projects, including how to engage target audiences, acquire subscribers and increase advertising and sponsorships. The goal was to set projects up for success in engagement, sales and subscriber acquisition before they launched. This story is part of a series on Better News that showcases innovative and experimental ideas that emerge from Table Stakes, the newsroom training program; and shares replicable tactics that benefit the news industry as a whole.
TRY THIS AT HOME
The Dallas Morning News partners with Black-owned Texas Metro News for content, events and training (The Dallas Morning News)
The Dallas Morning News is partnering with the Texas Metro News, a Black-owned publication, in order to boost coverage of Dallas’ communities of color. The Texas Metro News will be able to publish any Dallas Morning News articles for free, while the Morning News will pay a consulting fee for sourcing, story ideas and other resources to the Metro News. Texas Metro News, which began in 2012, has a weekly printed newspaper, as well as daily podcasts and newsletters.
+ The Financial Times improved reader habit by 39% by improving user experience (Medium, FT Product & Technology)
OFFSHORE
How a Ukrainian radio station put women first in its coronavirus coverage (Poynter)
Hromadske Radio in Ukraine faced a unique problem in March — its listeners didn’t think COVID-19 was a major problem in the country. To raise alarm bells, the nonprofit radio station created four programs specifically aimed at women, covering issues like domestic violence and child care alongside coronavirus statistics and public health messages. The station also ran a campaign urging listeners to verify pandemic information that they saw online, and repeatedly aired clips with public health information from medical authorities.
OFFBEAT
Google gives almost half of the first page of search engine results to its own products (The Markup)
Google started as a way to send users around the web, but these days, it’s more interested in keeping them inside Google products. A new investigation from The Markup found that 41% of the first page of search results on a mobile phone included Google properties or “direct answers,” which are excerpts from other sites. One out of five searches on an iPhone X did not include any outside links on the first page. Some companies, including in the travel industry, say the preferential treatment is killing competition. Nearly nine out of 10 web searches in the U.S. is on Google.
UP FOR DEBATE
A growing group of journalists has cut back on Twitter, or abandoned it entirely (Poynter)
For many journalists, Twitter is a meeting ground and a megaphone, a way to connect with sources, amplify stories, and network with colleagues. But a lot of journalists are dramatically scaling back their Twitter usage, either getting rid of their profiles entirely, or deleting old tweets and limiting usage of the site. Plenty of journalists can point to Twitter as a way they developed connections, built their brand and found work, but with it can come torrents of abuse, particularly for people of color and women.
SHAREABLE
Five lesson on equitable fundraising for local journalism (The Lenfest Institute)
Recent discussions surrounding systemic racism in the U.S have amplified the need to address inequities in the way local journalism in the U.S. is funded. A recent discussion about race and equity in news fundraising and philanthropy found that one of the first lessons for news organizations is to recognize inequalities as well as how past coverage may have hurt communities of color. Funders have the ability to drive change by requiring demographic data about boards and staffs from the newsrooms they sponsor. And all of these issues must be addressed immediately, as local news steps up to cover coronavirus.
The post Need to Know: July 30, 2020 appeared first on American Press Institute.
Filed under: Ford,SUV,Off-Road
Continue reading 2021 Ford Bronco has reportedly racked up over 230,000 reservations
2021 Ford Bronco has reportedly racked up over 230,000 reservations originally appeared on Autoblog on Thu, 30 Jul 2020 09:34:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Government/Legal,Nissan
Former Nissan executive Greg Kelly, who was arrested in connection with the financial scandal of his ex-boss Carlos Ghosn, will soon face trial in a Tokyo court. Tokyo Deputy Chief Prosecutor Hiroshi Yamamoto said Thursday the trial of Kelly, an American, and Nissan Motor Co., a defendant in the same trial as a company, will start Sept. 15. Ghosn has publicly denounced the allegations as groundless and accused Nissan officials of a conspiracy to oust him.
Continue reading With Ghosn gone, Japan sets trial date for ex-Nissan executive left behind
With Ghosn gone, Japan sets trial date for ex-Nissan executive left behind originally appeared on Autoblog on Thu, 30 Jul 2020 09:25:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Spy Photos,Maserati,Luxury,Performance,sedan
Continue reading 2021 Maserati Quattroporte spied getting ready for another light refresh
2021 Maserati Quattroporte spied getting ready for another light refresh originally appeared on Autoblog on Thu, 30 Jul 2020 09:14:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Mercedes-Benz,Coupe,Luxury,Performance,Driveway Tests
Continue reading 2020 Mercedes-AMG C 63 S Coupe Driveway Test Video | The S should be a $
2020 Mercedes-AMG C 63 S Coupe Driveway Test Video | The S should be a $ originally appeared on Autoblog on Thu, 30 Jul 2020 09:00:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Earnings/Financials,Volkswagen
Carmaker Volkswagen recorded an after-tax loss of 1.54 billion euros ($1.81 billion) in the second quarter as the pandemic shut down auto plants and closed dealerships. The company sold 35% fewer cars and cut back its proposed dividend but said it had been able to safeguard its cash reserves and would make an operating profit for the full year. Chief Financial Officer Frank Witter said that “the first half of 2020 was one of the most challenging in the history of our company due to the COVID-1
Continue reading VW lost $1.8 billion in Q2 but forecasts an annual profit
VW lost $1.8 billion in Q2 but forecasts an annual profit originally appeared on Autoblog on Thu, 30 Jul 2020 08:55:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Earnings/Financials,Nissan,Renault
French carmaker Renault said it had been given a wake-up call on Thursday with a record net loss of 7.29 billion euros ($8.6 billion) in the first half of the year, inflicted by the COVID-19 crisis and troubles at its alliance partner Nissan. Renault shares were down 3.3% when trading opened in Paris. "Today's results will be a disturbing wake up call," CEO Luca de Meo, the former Volkswagen executive who started at Renault this month, said on a call with analysts.
Continue reading Renault gets a 'wake-up call' — a record $8.6 billion loss
Renault gets a 'wake-up call' — a record $8.6 billion loss originally appeared on Autoblog on Thu, 30 Jul 2020 08:33:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Green,Tesla,Electric
Panasonic Corp plans to boost the energy density of "2170" battery cells it supplies to Tesla Inc by 20% in five years and commercialize a cobalt-free version "in two to three years", the head of its U.S. EV battery business said. This is the first time Panasonic, a leading cell provider for the world's top electric vehicle (EV) maker Tesla, has outlined these targets, putting down a marker in a highly competitive sector to stay ahead of the game. Panasonic introduced the "21
Continue reading Panasonic aims to boost energy density in Tesla batteries by 20%
Panasonic aims to boost energy density in Tesla batteries by 20% originally appeared on Autoblog on Thu, 30 Jul 2020 08:20:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Government/Legal,Off-Road,Specialty
The biggest, most sophisticated Mars rover ever built — a car-size vehicle bristling with cameras, microphones, drills and lasers — blasted off Thursday as part of an ambitious, long-range project to bring the first Martian rock samples back to Earth to be analyzed for evidence of ancient life. NASA’s Perseverance rode a mighty Atlas V rocket into a clear morning sky in the world’s third and final Mars launch of the summer. The plutonium-powered, six-wheeled rover will drill down and collect t
Continue reading NASA launches Perseverance Mars rover to look for signs of ancient life
NASA launches Perseverance Mars rover to look for signs of ancient life originally appeared on Autoblog on Thu, 30 Jul 2020 08:16:00 EDT. Please see our terms for use of feeds.
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