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☆ Subaru CEO: working with suppliers to lower procurement risks of EV battery materials
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

[1/4] Representative Director, President and CEO at Subaru Atsushi Osaki unveils the Sport Mobility Concept and Air Mobility Concept vehicles during a press day of the Japan Mobility Show 2023 at Tokyo Big Sight in Tokyo, Japan October 25, 2023. REUTERS/Issei Kato Acquire Licensing RightsTOKYO, Oct 25 (Reuters) - Japan's Subaru (7270.T) is working with suppliers to decrease risks related to procuring materials used in electric-vehicle batteries, it chief executive said on Wednesday, as automakers grapple with China's move to curb exports of graphite. We want to procure resources while considering various risk hedges," Chief Executive Atsushi Osaki told reporters on the sidelines of the Japan Mobility Show, which opened to the press on Wednesday, a day ahead of its official start. "We are working with suppliers to come up with measures to deal" with the risks, he said. Reporting by Maki Shiraki and Daniel Leussink; Writing by David Dolan; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

Persons: Atsushi Osaki, Issei Kato, Subaru, China's, Maki Shiraki, Daniel Leussink, David Dolan, Jacqueline Wong Organizations: Mobility, Japan, REUTERS, Rights, Thomson Locations: Tokyo, Japan, China

It’s a message ringing clear at the Tokyo Mobility Show, which will run through Nov. 5 at Tokyo Big Sight hall and where battery-powered electric vehicles are the star at practically every booth. Toyota Motor Corp.’s lean angular Lexus concept, set to go on sale in 2026, is an electric vehicle running on lithium-ion batteries. That is partly because of Toyota’s past success in hybrids, exemplified in the Prius, which have a gasoline engine in addition to an electric motor. In China, a third of vehicles sold are EVs. Nissan, an early EV maker among the Japanese with its Leaf going on sale in 2010, is showcasing four EV concept cars.

Persons: —, ” Takero Kato, China's BYD, Kato, Tesla, EVs, Joe Biden, BYD, ” Kato, Joshua Cobb, ”, Cobb, Alfonoso Albaisa, ” Albaisa, De Souza, “, John de Souza, ___ Yuri Kageyama Organizations: TOKYO, Toyota, Tokyo Mobility, Mazda Motor Corp, Honda Motor, Toyota Motor Corp, Journalists, General Motors Co, Ford Motor Co, Benz, Subaru, Lexus, International Energy Agency, BMI, SAIC, GM, EV, Nissan, “, Manufacturers, Mitsubishi Fuso, Daimler, Mitsubishi Locations: Tokyo, Japan, U.S, China, San Francisco

Toyota Motor Corporation's cars are seen at a briefing on the company's strategies on battery EVs in Tokyo, Japan December 14, 2021. The Japan Mobility Show, which opens on Thursday, comes at a critical moment for the domestic industry. Toyota (7203.T), the world's top-selling automaker, this year announced a strategic pivot to battery EVs, including plans to commercialise advanced batteries and adopt die-casting technology pioneered by Tesla (TSLA.O). Toyota's shift has helped silence criticism that it was too slow to embrace battery EVs. In contrast to the darkening outlook in Japan, data from the ASEAN Automotive Federation shows that the auto market in Southeast Asia has been growing.

Persons: Kim Kyung, Koji Endo, Daniel Leussink, David Dolan, Jamie Freed Organizations: Toyota, REUTERS, Companies, Japan, Japan Mobility, Tesla, Subaru, Mazda, Mitsubishi Motors, BYD, HK, BMW, Honda, SBI Securities, Nissan, Mitsubishi, Japan Automobile Manufacturers Association, ASEAN Automotive Federation, EV upstarts, Thomson Locations: Tokyo, Japan, TOKYO, China, Southeast Asia, Thailand

☆ Toyota’s electric cars will adopt Tesla’s charging standard
▼ + stars: | 2023-10-20 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Toyota has joined the growing list of automakers that have decided to switch to using Tesla’s charging standard. Beginning in 2025 all Toyota electric vehicles sold in the US will have charging ports designed to work with Tesla’s North American Charging Standard (NACS), rather than the Combined Charging System plugs automakers in the US now use. Toyota’s announcement means that all of America’s best-selling automakers — Toyota ranks second only to General Motors in US sales — have agreed to switch to Tesla’s standard in the next few years. Tesla chief executive Elon Musk announced in November of last year that he was inviting other automakers and charging companies to adopt Tesla’s NACS. Major charging companies have announced they will offer both types of cables to service electric vehicles with either type of charging port.

Persons: Toyota's, NATHAN LEACH, Elon Musk, Ford, Tesla, doesn’t Organizations: CNN, Toyota, — Toyota, General Motors, GM, Benz, Nissan, Honda, Hyundai, Kia, Lexus, EV, CCS, Ford, Chrysler, Fiat, Volkswagen, Mazda, Subaru Locations: EVs, America

Like many other Black Protestant churches, Calvary Baptist struggled economically during the coronavirus pandemic. But the church has transformed its parking lot to accommodate game-day fundraisers, with volunteers from the congregation staffing the lots and selling spaces for $15 per vehicle. All 250 parking spaces at the Calvary lot were full when Messi’s Inter Miami played the Union. Sometimes, rival fans park at the church. The church parking lot is often full on game days.

Persons: Martin Luther King Jr, Keith Dickens, Calvary, ”, Dickens, Lionel Messi, Jeffrey Scholes, “, Scholes, ” Scholes, King, ” Abe Gitterman, Lisa Lewis, Leslie Cranford, RVs —, Jones, Cranford, Kevin Ness, Jill Connerym, Connery, Taylor, Kevin Ulmet Organizations: Eagles, NFL, Calvary Baptist Church, Major League Soccer, Philadelphia Union, Subaru, Union, Calvary Baptist, Green Bay Packers, MLS, Messi’s Inter Miami, Sports, Chester’s Crozer Theological Seminary . Chester, John’s United Methodist Church, Texas Tech, Red Raiders, T, ”, Christian Science Church, Red Sox, Christian, Christian Science, Bethany Church, Packers, Nashville, Church, Nazarene, Nissan, Tennessee Titans, Lilly Endowment Inc, AP Locations: CHESTER, Pa, Philadelphia, Delaware, Calvary, Lubbock , Texas, St, Boston, Fenway, Green Bay , Wisconsin, Nashville, Haiti, Kenya, “

☆ Automakers blast US plan to hike fuel efficiency rules
▼ + stars: | 2023-10-16 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

The Alliance for Automotive Innovation said the National Highway Traffic Safety Administration's (NHTSA) Corporate Average Fuel Economy (CAFE) proposal was unreasonable and requested significant revisions. The auto alliance said last month automakers would face more than $14 billion in non-compliance penalties between 2027 and 2032. Automakers also raised alarm at the Energy Department's proposal to significantly revise how it calculates the petroleum-equivalent fuel economy rating for EVs in NHTSA's CAFE program, saying it would "devalue the fuel economy of electric vehicles by 72%." GM said on Monday it could support NHTSA's proposal if the Energy Department rescinded its petroleum-equivalent proposal. Automakers and the United Auto Workers union have previously also complained parallel rules proposed by the Environmental Protection Agency are not feasible and should be significantly softened.

Persons: Jorge Duenes, Biden, David Shepardson, Jamie Freed Organizations: Toyota Motor Manufacturing, REUTERS, Rights, General Motors, Toyota, Volkswagen, Alliance, Automotive Innovation, NHTSA, American Automotive Policy Council, Detroit Three, Ford, GM, Chrysler, U.S, Energy, Energy Department, Subaru, United Auto Workers, Environmental Protection Agency, Thomson Locations: Baja California, Tijuana, Mexico, NHTSA's, KS

Roadway deaths in the U.S. are mounting despite government test data showing vehicles have been getting safer. Subaru, which has performed well in IIHS pedestrian crash avoidance tests, considers visibility its first line of safety, according to spokesperson Todd Hill. Thanks to vehicle improvements, seatbelt laws and other changes, fatal crashes in the U.S. trended downward for decades, hitting a low of 29,867 in 2011. Government estimates of fatal crashes in 2022 show a 43% increase to 42,795 — partially thanks to increases in speeding and drunk driving and decreases in seatbelt use. Fatal crashes also increased as a percent of total miles driven.

Persons: — Alyssa Milligan, Alyssa, ”, Jessica Cicchino, they’re, ” Cicchino, Todd Hill, Transportation’s Volpe, Billy Richling, Jessica Hart, Allie, ” Hart, “, didn’t, ” John Capp, we’re, I’ve, — Organizations: Nashville —, National Association of City Transportation, Insurance Institute for Highway Safety, Insurance Institute for Highway, Subaru, Consumer, U.S . Department, Transportation’s, Transportation’s Volpe Center, Volpe Center, Silverado, U.S, Traffic Safety Administration, NHTSA, National Association of City Transportation Officials, D.C, Ford Transit, General Motors, GM Locations: Tenn, Tennessee, Nashville, U.S, Washington

☆ Vehicle-related deaths are rising even though cars are built safer than ever. The popularity of larger vehicles may be to blame.
▼ + stars: | 2023-09-26 | by ( Associated Press | ) www.businessinsider.com time to read: +9 min

Vehicles are built to be safer than ever before, but pedestrian and cyclist deaths are rising. A rise in the popularity of larger vehicles, like vans and trucks, may be a factor in this increase. Ronald E. VanHoose/Associated PressRoadway deaths in the U.S. are mounting despite government test data showing vehicles have been getting safer. Fatal crashes also increased as a percent of total miles driven. AP Photo/Mark SchiefelbeinHart is now an advocate with the Washington chapter of Families for Safe Streets, a nonprofit working to end fatal crashes.

Persons: —, Alyssa Milligan, Alyssa, Ronald E, Jessica Cicchino, they're, Cicchino, Todd Hill, Transportation's Volpe, Billy Richling, Jessica Hart, Allie, Allie Hart, Mark Schiefelbein, Hart, didn't, Mark Schiefelbein John Capp, we're, Mark Schiefelbein Hart, I've Organizations: Service, Nashville —, Associated, National Association of City Transportation, Insurance Institute for Highway, Subaru, Consumer, U.S . Department, Transportation's, Transportation's Volpe Center, Volpe Center, Silverado, U.S, Traffic Safety Administration, NHTSA, National Association of City Transportation Officials, D.C, AP, Ford Transit, General Motors, GM Locations: Tennessee, Nashville, U.S, Washington

☆ Buying a car? What the UAW strike means – and doesn’t mean – for auto sales
▼ + stars: | 2023-09-15 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +5 min

New York CNN —Now that the United Auto Workers union has started a strike, the US auto market is about to be thrown into turmoil all over again. Auto sales hadn’t entirely recovered from the pandemic, but car shopping in the United States could change once more. The auto manufacturing crises of recent years have left auto dealers better prepared to deal with disruptions, said Scott Kunes, chief operating officer of Kunes Auto and RV Group, which owns more than 40 dealerships in the Midwest. It pays to be flexibleBefore the strikes started, auto dealerships had reasonably healthy inventories of new vehicles, according to Michelle Krebs, an analyst with AutoTrader. That means they’ll still have vehicles to sell for a few weeks, but, as the strike wears on, the choices available will start to dwindle.

Persons: They’re, Jonathan Smoke, Scott Kunes, ” Kunes, “, Kunes, Tyson Jominy, JD Power, Thomas Goldsby, Jominy, Michelle Krebs Organizations: New, New York CNN, United Auto Workers, Auto, Ford, GM, Cox Automotive, Kunes, RV Group, Toyota, BMW, Hyundai, Nissan, Volvo, Subaru, South Korean, JD, University of Tennessee, Trailblazer, Dodge, AutoTrader Locations: New York, United States, Michigan, Canada, Mexico, South Korea

☆ Mercedes-Benz's $100,000 electric SUV is an awesome Tesla rival — but its blob-like looks aren't for everyone
▼ + stars: | 2023-09-13 | by ( Tim Levin | ) www.businessinsider.com time to read: +6 min

I drove Mercedes-Benz's new electric SUV: the EQE SUV. The 2023 Mercedes-Benz EQE 500 4MATIC SUV. The 2023 Mercedes-Benz EQE 500 4MATIC SUV. The 2023 Mercedes-Benz EQE 500 4MATIC SUV. AdvertisementAdvertisementThe 2023 Mercedes-Benz EQE 500 4MATIC SUV.

Persons: Mercedes, Tim Levin, I'm, anyone's, Elon Musk's, Tesla, iX, fanny, that's Organizations: Mercedes, Service, Benz, Subaru, BMW, Tesla's, EV Locations: Wall, Silicon, Stuttgart, Elon

Now, given the current high car costs and interest rates, drivers are shifting their focus to less expensive models. That shift shows in so-called "days to turn" numbers, which measure how long cars are in dealer inventory before being sold. "People have stopped going for top-of-the-line cars and are going for mid-trim cars," he added, "That's where we're starting to see the shift." Paul Waatti industry analyst at AutoPacificFive years ago, there were 12 vehicles selling for an average price of more than $100,000. Know your budget — really Most car buyers use monthly payments to conceptualize how expensive a car is.

Persons: Patrick T, Joseph Yoon, homebuyers, Yoon, Edmunds, Brian Moody, Kelley, Moody, Paul Waatti, Waatti, they're, Tom McParland Organizations: Fallon, Bloomberg, Getty, Finance, Mitsubishi Mirage, Consumers, Chevrolet, Chrysler, Fiat, Honda, Hyundai, Kia, Mazda, Mitsubishi, Nissan, Subaru, Toyota, Volkswagen —, Auto, AutoPacific, Ferrari, Lamborghini, Royce, Automatch Consulting Locations: Autonation, Carvana, Buffalo , New York, Edmunds

☆ Japan says swarms of tourists defiling sacred Mt Fuji
▼ + stars: | 2023-09-09 | by ( Mariko Katsumura | ) www.reuters.com time to read: +3 min

[1/2] Visitors are seen at the fifth stage on the slopes of Mount Fuji, Japan's highest mountain 3,776 metres (12,388 ft), in Fujiyoshida, Japan, September 9, 2023. Mt Fuji, which straddles Yamanashi and Shizuoka prefectures in eastern Japan, has always been popular with local and overseas tourists. "It's uncontrollable and we fear that Mt Fuji will soon become so unattractive, nobody would want to climb it," he said. Mt Fuji was listed as a UNESCO World Heritage site 10 years ago, further boosting its popularity. "Any Japanese person would want to climb Mt Fuji at least once in their life," said 62-year-old Jun Shibazaki, who arrived on a tour.

Persons: Mariko Katsumura, Masatake Izumi, Shibazaki, Chang, Ran Kim, Michael Perry Organizations: REUTERS, Mt Fuji, Mt, UNESCO, International Council, World Heritage, Thomson Locations: Mount, Fujiyoshida, Japan, Yamanashi, Shizuoka

☆ Van life is hard. I shower at the gym and go to the bathroom at gas stations, but van life helped me find my passion.
▼ + stars: | 2023-08-30 | by ( Alyshia Hull | ) www.businessinsider.com time to read: +7 min

Before I could make the leap into van life, I'd spent six years dreaming about it. I wasn't sure what I wanted to do as a civilian — but I did still have my dream of van life. I'd spent so much time researching van life that I felt prepared overall, but there were some challenges I had to figure out. Van life is a scary decision – but I say, do it scaredStarting van life was a huge, scary decision. AdvertisementAdvertisementThat's why I'd tell anyone who is interested in van life: Do it scared, and definitely go for it.

Persons: Brianna Walston, Chandler, I'd, van, I'm, van lifers, Walston, Brianna Waltson, I've, Alyshia Organizations: Subaru, Service, Air Force, Ford Transit, Alyshia Hull, ahull Locations: Wall, Silicon, Nevada, Colorado

☆ Fact Check-Green lights in Hawaii sky came from satellite, predate 2023 fires
▼ + stars: | 2023-08-24 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A night-time video showing streaks of green light in the sky over Hawaii predates the August 2023 wildfires in the U.S. state by several months. The lights were filmed by Japan’s Subaru-Asahi Star Camera in January 2023 and emanate from a Chinese weather satellite launched in April 2022. The 2023 wildfires in Maui, killed over a 100, making it the deadliest wildfire in the U.S. in more than a century, Reuters reported (here). Green lights captured over the night sky in Hawaii in January 2023 predate the August 2023 wildfires. Read more about our work to fact-check social media posts (here).

Persons: Japan’s, DEWs, Read Organizations: Japan’s Subaru, Asahi, “, Office, Reuters, Subaru, of Japan, YouTube, Asahi Shimbun Locations: Hawaii, U.S, Maui, Kea, NAOJ, Dqui

☆ After 10 Years of My Ride, Our Writer Reveals What He Drives. Hint: It’s Not a Porsche.
▼ + stars: | 2023-08-18 | by ( A.J. Baime | Photographs Andri Tambunan For The Wall Street Journal | ) www.wsj.com time to read: 1 min

I have profiled owners of special vehicles from around the country nearly every week for the past 10 years. The one question people always ask me is: What kind of car do you drive? They expect Porsches in my garage, but no. On the 10th anniversary of My Ride, I present my family’s humble Subaru Outback, which we call Dougie.

Persons: Dougie

CNN —Lionel Messi said he is “very happy” with his decision to sign for Inter Miami after bringing the Major League Soccer (MLS) club to the brink of its first ever piece of silverware. “I came from a month and a half of vacations, so yes at first the day to day and training was hard, and the humidity was hard,” Messi said. Tim Nwachukwu/Getty ImagesMessi went on to compliment the club for helping the transition period off the field which he and his family have gone through. “But it has been very easy, very easy. The truth is that it is very nice how the Inter fans come to each game to support us and that stadium has been filled.

Persons: Lionel Messi, Messi, he’s, Gonzalo Higuain, “, ” Messi, Tim Nwachukwu Organizations: CNN, Inter Miami, Major League Soccer, CONCACAF Leagues Cup, Philadelphia Union, Messi, Nashville SC, Subaru, Getty, MLS, Inter, Leagues, Liga Locations: Nashville , Tennessee, Saudi Arabia, Miami, Florida, Barcelona, Paris

It's just too early to tell," said George Glassman, president of Glassman Automotive Group, which sells five automotive brands outside Detroit. Since then, VinFast shares have retreated, and were down 17.2% at $24.92 at midday on Thursday. The new hybrid sales plan is just another challenge and the luxury carmaker is already talking to dealers. U.S. dealers said there are too many unanswered questions, including how VinFast will distribute parts needed to make repairs. Several dealers said VinFast may need to offer sweetened profit margins to dealers to account for the added risk.

Persons: It's, George Glassman, VinFast, Le, Thuy, Scott Fink, I'm, Tesla, Andrew DiFeo, Augustine, Warren Browne, Rhett Ricart, Dealers, it's, Ricart, Beau Boeckmann, Boeckmann, Ben Klayman, Phuong Nguyen, Matthew Lewis Organizations: Nasdaq, U.S, Reuters, Glassman Automotive, Ford, General Motors, U.S ., Fink Automotive Group, VW, Subaru, GM, Hyundai, Ricart Automotive, Toyota, Honda, Galpin Motors, Thomson Locations: U.S, North America, Detroit, VinFast, Tampa , Florida, St, Jacksonville , Florida, Columbus , Ohio, Los Angeles, VinFast's, Vietnam, Hanoi

☆ If automakers like Ford and GM want to catch Tesla, they'll have to offer fewer options on your new car
▼ + stars: | 2023-08-16 | by ( Alexa St. John | ) www.businessinsider.com time to read: +5 min

Tesla and automakers in China have found ease and success in having fewer options. Car buyers like having options — but as the Tesla and Chinese automakers continue to find success in electric vehicles, old-guard automakers would do well to force buyers to compromise. Elon Musk's automaker has pared down the build options it gives customers to fewer color options and interior choices, limited trims, and many features that simply come standard. The lack of build complexity has been an advantage for Tesla, startup EV makers, and Chinese competitors, experts say. "A number of the traditional players have initiatives underway to benchmark the build complexity of their start-up competitors."

Persons: Elon, Brian Irwin, Alvarez, Irwin, Ford, Jim Farley, Farley, Mary Barra, Barra Organizations: Morning, Tesla, Elon Musk's, GM, Ford, Benz, Subaru Locations: China, Detroit, Germany

☆ Messi magic continues as Inter Miami reach Leagues Cup final
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +1 min

[1/5] Aug 15, 2023; Chester, PA, USA; Inter Miami CF forward Lionel Messi (10) misses a shot against the Philadelphia Union the second half at Subaru Park. Mandatory Credit: Bill Streicher-USA TODAY Sports Acquire Licensing RightsAug 15 (Reuters) - Lionel Messi notched his ninth goal in six matches as Inter Miami crushed Philadelphia Union 4-1 to reach the Leagues Cup final on Tuesday. Philadelphia, who made the MLS Cup final last year and have a dominant record at home, were poised to be Miami's biggest test since the latter added the Argentinean striker to their roster last month. Miami will face either CF Monterrey or Nashville SC, who play later on Tuesday, in Saturday's Leagues Cup final, Miami's first final appearance in club history. The win also mean Miami will play in their first ever CONCACAF Champions League next year.

Persons: Lionel Messi, Bill Streicher, Josef Martinez, Serhiy Kryvtsov, Messi, Martinez, Andre Blake, Jordi Alba, Alejandro Bedoya, David Ruiz, Miami's, Rory Carroll, Muralikumar Organizations: Inter Miami CF, Philadelphia Union, Subaru Park, Inter Miami, Philadelphia, Leagues, MLS, Miami, Union, CF Monterrey, Nashville SC, Saturday's Leagues, CONCACAF Champions League, Thomson Locations: Chester , PA, USA, Philadelphia, Miami, Los Angeles

Nissan late last month upgraded its full-year operating profit forecast, raising it by 30 billion yen ($208 million) to 550 billion yen. About 20 billion yen of that came from the currency, CFO Stephen Ma told a briefing. At smaller Subaru (7270.T), a move of one yen against the dollar has a 20 billion yen impact on operating profit, CFO Katsuyuki Mizuma said earlier this month. On Wednesday, a Honda official said its April-June operating profit came in tens of billions of yen higher than expected, with the weak yen accounting for about half of that. It is unclear how long the weak yen will last.

Persons: Aly, Satoru Aoyama, Stephen Ma, Katsuyuki Mizuma, Eisuke Sakakibara, Mizuma, Daniel Leussink, David Dolan, Toby Chopra Organizations: Auto, REUTERS, Toyota, Honda, Nissan, Fitch, Japan, U.S . Federal Reserve, Subaru, Lexus, Reuters, Thomson Locations: Auto Shanghai, Shanghai, China, Asia, Europe, CHINA

☆ How Van Leeuwen turned a $60,000 investment into a $300,000-a-day ice cream empire
▼ + stars: | 2023-08-10 | by ( Nicolas Vega | ) www.cnbc.com time to read: +8 min

An introduction to ice creamBen Van Leeuwen earned money in college by driving a Good Humor ice cream truck. From left: Ben Van Leeuwen, Pete Van Leeuwen and Laura O'Neill. Van Leeuwen Ice CreamDespite their best efforts, they were only able to raise a total of $60,000 from 15 friends and family members. Van Leeuwen Ice CreamVan Leeuwen Ice Cream was a hit from day one. Van Leeuwen Ice Cream CEO and co-founder Ben Van Leeuwen at a Williamsburg, Brooklyn scoop shop.

Persons: Ben Van Leeuwen, Ben, Van, Van Leeuwen, Leeuwen, SpongeBob, hadn't, I'm, Pete, Laura O'Neill, Thomas Keller's, Laura, Pete Van Leeuwen, Van Leewen, There's, it's, Van Leeuwen's, Lauren Shamo, Tasia Jensen Organizations: CNBC, Walmart, Foods, Mister, eBay, Subaru Impreza, Prince, Kraft, Cream Locations: Washington ,, Van Leeuwen, Greenpoint , Brooklyn, New York, SoHo, Southeast Asia, Europe, Spain, Italy, France, American, New York City, York, Bronx, Greene, Van, Greenpoint, Brooklyn, Williamsburg , Brooklyn

☆ US opens investigation into fatal Tesla crash in Virginia
▼ + stars: | 2023-08-10 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

The National Highway Traffic Safety Administration (NHTSA) is probing a July 19 fatal crash in which the driver of a Tesla died after striking a tractor-trailer truck in Warrenton, Virginia. The Fauquier County Sheriff's Office said the 57-year Tesla driver was killed after the tractor trailer was attempting to turn onto a highway from a truck stop. The Tesla struck the side and went underneath the tractor trailer and the driver was pronounced deceased on the scene. NHTSA last month opened another special crash probe into a July 5 fatal accident in California involving a 2018 Tesla Model 3. Transportation Secretary Pete Buttigieg last month declined to offer an update on the status of the Tesla Autopilot investigation but told Reuters "we're moving as quickly as we responsibly can."

Persons: Tesla, Pete Buttigieg, David Shepardson, Alexandra Hudson Organizations: Tesla, Traffic Safety Administration, Fauquier County Sheriff's, Subaru Impreza, NHTSA, Transportation, Reuters, Alexandra Hudson Our, Thomson Locations: Virginia, Warrenton , Virginia, Fauquier County, U.S, California

☆ Drivers Frustrated With Their Cars Door Handles, Screens, Other Tech
▼ + stars: | 2023-08-07 | by ( Alexa St. John | Tim Levin | ) www.businessinsider.com time to read: +4 min

The auto research firm JD Power assessed dozens of vehicle brands for its latest quality study. The overall quality of new vehicles is deteriorating and nagging problems are on the rise, according to a new study from JD Power. "The basic touch point of door handles is now a percolating problem area as manufacturers attempt to redesign them," JD Power said. JD Power assigned a score to each auto brand based on problems per 100 vehicles, and calculated an industry average of 192 problems per 100 vehicles (PP100), up from 180 in 2022. In terms of vehicles themselves, the Nissan Maxima had the highest initial quality overall, with 106 problems per 100 vehicles, according to the survey.

Persons: Tesla, Dodge, Frank Hanley, Power, JD Power, Ram, Alfa Romeo, Polestar Organizations: JD Power, Fiat Chrysler, French PSA Group, Buick, Chevrolet, Volvo, Chrysler, Volkswagen, Nissan, JD, Dodge, Romeo, GMC, Porsche, Kia, Lexus, Maserati, Hyundai, Honda, BMW, Mitsubishi, Toyota, Ford, Benz, Rover, Mazda, Acura, Lincoln

For investors looking to weed out climate laggards from portfolios, these are vital questions but existing guidelines on emissions reporting and new rules due to come in for the United States and Europe are unlikely to provide hard answers. The United States is on track to announce similar rules this year and the corporate standard, first launched in 2001 and revised in 2004, is also embedded in other international emissions reporting standards. Nonetheless, many investors scrutinise carbon emissions data to gauge how polluting a company is, how it compares with rivals and how this might affect its bottom line and share price. Another area of investor concern is how companies account for their own energy use, or Scope 2 emissions. The GHGP allows companies to buy green energy to offset their emissions, using contractual instruments such as renewable energy certificates, and reflect this in their reporting.

Persons: Fabrizio Bensch, Vanessa Bingle, David Lubin, Subaru, SCA's Lubin, Laura Kane, Kane, Jimmy Jia, Jia, abrdn, Pedro Faria, Faria, Pankaj Bhatia, Douglas Gillison, Sumanta Sen, Dan Flynn, David Clarke Organizations: REUTERS, Toyota, Shell, Greenhouse, World Business, Sustainable Development, World Resources Institute, Reuters, Alpha Financial Markets Consulting, Analytics, Subaru, North, Voya Investment Management, Voya, EU, Sustainability, IFRS, Oxford Smith School of Enterprise, Reuters Graphics, U.S . Securities, Exchange, Thomson Locations: Berlin, Germany, United States, Europe, Japan, North America, U.S, Britain, British, EU

Going "car-lite" and cutting nonessential car travel can be an affordable, impactful choice. That may sound expensive, but even a used car in the US now costs about $32,000. Even a brand-new, high-end bike costs about 90% less than the average used car. Public transit costs vary, but one household can save $10,000 a year by using public transportation instead of a car. Smart's research shows that families with a car experience an average income growth of 1% every two years.

Persons: Sonja Langford, Charlotte , North Carolina —, Langford, she's, Peter Krull, Krull, Michael Smart, Smart, Langford isn't Organizations: Service, University of North, Transportation, Earth Equity Advisors, Tesla, Rutgers University, Subaru, Charlotte, Bloomberg, Research Locations: Wall, Silicon, Charlotte , North Carolina, University of North Carolina, Asheville , North Carolina, Los Angeles

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