News of New York

Study Reveals: Top Car Brands Symbolizing Success in America
5 March 2024
4160
Revolutionizing Wheels Embracing automotive culture extends beyond transport, embodying individuality, ambition, and status. In a recent study by Tinting Chicago, American automotive desires reveal iconic cars that transcend function to become symbo...
Paccar inc. beats fourth-quarter earnings and revenue estimates
25 January 2022
3220
Truck manufacturer's report PACCAR released its fourth-quarter results on Tuesday, which beat analysts' estimates. The earnings figure exceeded forecasts. PACCAR, which is owned by Zacks Automotive Domestic Industry, reported re...
Luminar shares up 16%
21 January 2022
3950
Luminar on the stock exchange Shares in US lidar maker Luminar Technologies jumped 16% to $15.63 a share in early trading on the back of its partnership with Mercedes-Benz. NASDAQ trading data showed this. According to a press releas...
Gores Guggenheim SPAC nears merger agreement with Polestar
27 September 2021
3957
Approaching SPAC Polestar is moving closer to a public listing deal through a merger with a specialist acquisition company that would value the Swedish electric carmaker at $21 billion, according to sourc...
Tesla unveiled Model S Plaid - the fastest production car on the planet
11 June 2021
3696
Model S Plaid presentation Tesla went live on Thursday, demonstrating the long-awaited version of its ten-year-old Model S sedan, the Plaid. Elon Musk said the Model S Plaid is "faster than a Porsche and safer than a Volvo". Tesla (TSLA) CEO Elon M...
The global semiconductor shortage has affected the shares of these companies
29 March 2021
4226
Popconductor shortages The chip shortage problem has affected technology manufacturers around the world while shares of carmakers have fallen due to forced plant shutdowns, shares of semiconductor and semiconductor equipment manufacturers are rising...
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