EV maker Lucid to lay off more than 300 employees - ReadR App

👉 Deep-Search 🌐🔍🧠 and Read More about headlines: #news #breaking #ev #carmaker #lucid #employees

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IPG Automotiveがバーチャル開発プラットフォーム「CarMaker」最新版V15.0を発表し自動運転開発を加速 IPG Automotiveが最新のシミュレーションソフトウェア「CarMaker V15.0」を発表。自動運転開発の加速と耐久性テスト機能が強化され、業界の変革が期待される。

IPG Automotiveがバーチャル開発プラットフォーム「CarMaker」最新版V15.0を発表し自動運転開発を加速 #IPG_Automotive #CarMaker #バーチャル開発

IPG Automotiveが最新のシミュレーションソフトウェア「CarMaker V15.0」を発表。自動運転開発の加速と耐久性テスト機能が強化され、業界の変革が期待される。

Samsung·SK·LG Target Future Mobility with Strategic Carmaker Alliances Samsung Electronics, SK Group, and LG Group are accelerating partnerships with global automakers as they position their automotive electronics (EV components)

Samsung Boosts Global Orders with Semiconductors, Displays, and Harman
#samsung #sk #lg #future #futuremobility #mobility #strategy #carmaker #alliance #it #itchosun #chosun #SouthKorea #Korea #NewsUpdate

Online portal exposed car and personal data, allowed anyone to remotely unlock cars A carmaker’s online dealership portal has been found leaking the private information and vehicle data of its customers. This also meant that anyone with access could remotely break into a car. Researcher Eaton Zveare shared his discovery with TechCrunch. Although he said he has chosen not to disclose the vendor’s name, he revealed that it is a well-known automaker with several popular sub-brands and more than 1,000 dealerships across the United States. Zveare says it wasn’t easy to find the flaw, but once he did, it allowed him to modify the code at the portal’s login page so he could bypass the login security checks. This permitted him to create a new national administrator account. Not only did this allow him to access all the data of these dealerships, he also found a national consumer lookup tool that allowed any logged-in portal user to look-up the vehicle and driver data of that carmaker. Real life tests learned that taking a vehicle’s unique identification number (VIN) from the windshield of a car allowed anyone with access to the portal to look up the name of the owner. It was also possible to pair any vehicle with a mobile account which could then be used to remotely control a car’s functions, such as unlocking the vehicle. Since both a VIN or someone’s first and last name were enough to find and transfer ownership of an account to one under control of an attacker, they would—at least—be able to open the car and steal everything inside. The researcher did not test whether he was able to drive away in it. Although he found no evidence of anyone else exploiting the flaw, the portals were a security nightmare waiting to happen. It even allowed administrator accounts, such as the one he was able to create, access to other dealer systems as if they were that user without needing their logins, and found personally identifiable customer data, some financial information, and telematics systems that allowed the real-time location tracking of rental or courtesy cars. As we have said before, this is exactly the sort of thing the Federal Communications Commission (FCC) wants car manufacturers to make harder for stalkers, not easier. Zveare will be presenting his findings at Defcon. He reported the bugs he found to the car maker, and says it took them a week to fix them. ## Tips to keep a stalker from tracking your car Not all cars offer these options, and the tips may not apply to your situation, but here are some general tips for people that are afraid they are the target of a stalker: * Use the navigation app on your phone (such as Google Maps, Waze, etc), rather than the one built into your car. * Do not store places you visit regularly in the car’s navigation. * Consider using a VPN when you connect to your car’s hotspot. * Find out which devices can access the car or its location data using any “remote access” apps for the car, and remove the devices that are not under your control. * Familiarize yourself with the car manufacturer’s privacy policy so you know where your data might be sent. To give you an idea, data might end up with advertisers, law enforcement, service providers, the car manufacturer and its dealers, tech giants like Apple, Google, and Amazon, connected service providers, and government agencies. * Keep the software updated to make sure your car is equipped with the latest protection against potential intrusions. * If a suspected stalker has been near your vehicle, inspect it thoroughly for trackers and other unfamiliar hardware. * Try not to travel alone and always park in a well-lit, busy area if you are concerned about your physical safety. * If you have a dashcam that uses cloud storage, check who has access to the images. They can be used to track your movements. * * * **We don’t just report on threats—we remove them** Cybersecurity risks should never spread beyond a headline. Keep threats off your devices by downloading Malwarebytes today.

Online portal exposed car and personal data, allowed anyone to remotely unlock cars A carmaker has been found to be open to leaking vehicle data and customer information through their dealership po...

#News #Privacy #carmaker #dealership #stalkers

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Russia’s top carmaker Avtovaz may shorten work week as sales slump By Gleb Stolyarov and Alexander Marrow (Reuters) -Russia’s largest carmaker Avtovaz on Tuesday said it may shorten its working week to four from five days, a rare move from a major state-owned employer, as high interest rates and competition from China squeeze its sales. Avtovaz, struggling to find enough car buyers, said last month that it expects sales across Russia’s car market to shrink by 25% this year and has blamed the central bank’s high interest rates, which reduces appetite for car loans and raises production costs, as a major issue. Russia’s key interest rate has been at a more than 20-year high for several months and the central bank has come under pressure from government officials and business leaders to reduce borrowing costs more quickly. The bank is widely expected to cut rates by 200 basis points to 18% on Friday. "We are talking about the high key rate and tougher demands from the regulator for borrowers on car loans," Avtovaz said in a statement. "In addition, a significant number of cars have been imported into Russia, with imported brands pursuing a policy of price dumping." Avtovaz employs more than 30,000 people, mostly in Togliatti, a city on the Volga river 800 km (500 miles) southeast of Moscow, but does not disclose specific numbers. Its sales fell 25% to 155,481 units in the first half of this year, according to Autostat. The company switched to a four-day work week for three months in 2022 after Western sanctions were imposed over Moscow’s invasion of Ukraine and foreign automakers left the market. Sales of its flagship Lada car dropped by 48.2% to 174,688 units that year. Russia’s domestic production had relied heavily on foreign producers and the market slumped in 2022 before the rapid arrival of Chinese carmakers helped revive the sector. Chinese rivals now account for more than 50% of sales in Russia, up from less than 10% before the war started. "The final decision about introducing a part-time four-day work week regime will be made following analysis of market trends and economic factors, including the level of the key rate and the availability of credit products," Avtovaz said. Should it be implemented, the shortened work week would start in late September. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

Click Subscribe. #Avtovaz #Russia #Carmaker #AutomotiveIndustry #SalesSlump

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#armorer #carmaker #aiart #midieval

Bloomberg: #Chinese #carmaker #BYD flagged first-quarter #profit may more than double after a bumper start to the year. The shares are up 23% in 2025, helped by the unveiling of an #EV system that can charge in just five minutes.

#Germany - #Volkswagen plans to add import fees to the sticker prices of its vehicles shipped into the US, indicating Trump’s 25% #auto #tariffs will have an immediate effect on #Europe’s biggest #carmaker, chart @economics www.bloomberg.com/news/article...

Tesla: the World’s Most Unreliable Car There’s a certain mythology surrounding Tesla — a belief that it represents the pinnacle of innovation, the cutting edge of automotive…

#Tesla is, hands down, the world's most unreliable #carmaker. Ever.
Read the numbers here:

medium.com/@brianiselin...

E-wallet card issuer PassEntry rakes in £5.2m ahead of international push  - UKTN PassEntry, a startup that issues Apple and Google Wallet digital passes for brands, has secured a £5.2m investment.

Mini jumps up to 8th most popular EV brand as Tesla sales recover in February. 📈

➡️ www.uktech.news/funding/e-wa... 🔗

#ev #electricvehicles #carmaker #automotive #data #UKtech

Anti-Elon Musk Tesla advert goes viral in London: "Don't buy a Swasticar" An anti-Elon Musk poster has popped up in London depicting a Tesla and urging people not to buy one of the billionaire’s “Swasticars”.

Advert goes viral in London calling #Tesla = The #Swasticar …you rip what you sow Elonia 👿 Apartheid.

www.nme.com/news/tv/anti... #EV #Auto #Carmaker

“Which #carmaker are most exposed to Trump’s #tariff threats? The larger the #Mexican and #Canadian share of assembly, the worse.” #autoindustry #trade #Trump open.substack.com/pub/adamtooz...

www.youtube.com/watch?v=tfQw...
BYD's Global Dream Ends: Shoddy Work, Unfixable Issues, Risk of Global Ban
#Youtube #ENGdub #Year2025 #GlobalBAN #BYD #Unfixable #Hidden #Hazard #Dangerous #DeletingPosts #CARmaker #Cover-up #CarIndustry

Apparently Honda and Nissan are planning to merge making the new company the third largest #carmaker after #Toyota and #Volkswagen.
#merger #Japan

Has Volkswagen Lost Its Way? Europe’s largest economy is in trouble and Volkswagen is at the heart of the crisis. The German carmaker is facing existential challenges due to mismanagement, competition from China and the rise of...

#Europe’s largest economy is in trouble & #Volkswagen is at the heart of the crisis. The German #carmaker is facing existential challenges due to mismanagement, competition from China and the rise of #electricvehicles. The pressure is on for VW to turn things around
www.bloomberg.com/news/videos/...

#Hyundai Motor India, #India 🇮🇳 second-largest #carmaker 🚘, posted a 16% fall in the first quarterly profit.

and it is performing material handling tasks at the warehousing and loading station after several days of training. #ChinaTech #carmaker #manufacturing

Elon Musk’s $250 billion Tesla losing streak takes another lurch downward on reports of a production cut at his China plant Late last year, Warren Buffett-backed [hotlink]BYD[/hotlink] toppled Tesla as the world’s leading electric carmaker by sales.

$250 billion #Tesla losing streak takes another lurch downward on reports of a production cut at his #China plant

Late last year, Warren Buffett-backed #BYD toppled Tesla as the world’s leading #electric #carmaker by sales.

fortune.com/2024/03/22/e...