Generative AI and large language models are poised to impact how we all access and use information. But as organizations race to adopt these new technologies for business, it requires a global ecosystem of partners with industry expertise to identify the right enterprise use-cases for AI and the technical skills to implement the technology. During...Read More

Automotive Ford has announced a significant recall affecting approximately 169,000 vehicles in the United States due to rearview camera-related issues. The company is taking proactive measures to replace these cameras and update the associated software, incurring a substantial cost of $270 million to address the recall. This recall is just the latest in a series...Read More

Toyota Open Labs is launching an innovation platform to match startups with its own experts to help scale up and develop sustainability and mobility solutions. The business is targeting startups working across five categories: energy, circular economy, carbon-neutral technologies, smart communities, and mobility initiatives. Those selected will be able to tap into a network of Toyota advisors and mentors to open...Read More

At launch in the fourth quarter of 2023, the EV9 will be available in Light, Wind, Land, and GT-Line trim levels, offered in two battery sizes and rear-wheel drive or dual-motor AWD configurations. Photo: Kia Kia America revealed on Aug. 22 additional details about the 2024 EV9, including an advance reservation program to...Read More

Shares of Vietnamese electric-vehicle maker VinFast surged 21% on Monday, extending a rally from last week that more than quadrupled its market value to $160 billion. The company made a blowout debut on Wall Street this month and has quickly grown in valuation to become the third-most valuable automaker – only behind Tesla and Toyota....Read More

With nearly 5 billion users worldwide—more than 60% of the global population—social media platforms have become a vast source of data that businesses can leverage for improved customer satisfaction, better marketing strategies and faster overall business growth. Manually processing data at that scale, however, can prove prohibitively costly and time-consuming. One of the best ways...Read More

There is much talk in the automotive industry about the “internet of vehicles” (IoV). This describes a network of cars and other vehicles that could exchange data over the internet in an effort to make transportation more autonomous, safe and efficient. The IoV could help vehicles identify roadblocks, traffic jams and pedestrians. It could help...Read More

Subaru Corporation today announced its consolidated financial results for the first quarter of the fiscal year ending March 31, 2024 Subaru Corporation today announced its consolidated financial results for the first quarter of the fiscal year ending March 31, 2024. Results for April–June 2023: Consolidated Revenue Global production increased 18.3% to 243,000 units, despite continued...Read More

Automotive It looks to be confirmed that Tesla’s newer V4 Superchargers will support charging speeds of up to 350 kW. The information regarding this upgrade was discovered in a planning and design filing for 16 ‘ultra-rapid V4 superchargers (350kW) in Swindon, UK, published on Reddit by user u/RealPokePOP. Although Tesla has yet to release official...Read More

Author: Mike Todd, Volkswagen Financial Services UK chief executive We’ve arrived in July, the month where the much-anticipated Consumer Duty kicks into action. I wrote previously about how the new regulation will encourage a renewed focus on customers, helping our entire industry drive even better outcomes for our most important stakeholders. A very valid reason...Read More