Tuesday, October 07, 2025

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Tesla soars 8% to a nearly $1 trillion valuation after Hertz orders 100,000 Model 3 vehicles

Shares of Tesla jumped as much as 8% to new all-time-highs on Monday after Hertz said it acquired 100,000 Model 3 vehicles from the company.

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Tesla Hits Speed Bump With Self-Driving Software

Tesla rolled back the latest version of its autonomous driving software, called full self driving, or FSD.

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Toyota Remained the Most Valuable Automotive Brand in 2021 Full Global Brands List

Toyota has once again topped the Interbrand’s Best Global Brands for 2021, which lists the most valuable brands in the world.

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Volvo recall to service models from 20 years ago for airbag problems

Volvo is recalling another 306,782 older models globally in the U.S.

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Tesla reports record quarterly profit for third consecutive time

The company said its third-quarter net income rose 389%.

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Vietnam’s VinFast to Begin Selling Cars in USA by 2022

Vietnamese automaker Vinfast will begin taking pre-orders in the USA market for its VF e35 and e36 electric SUVs in the first half of 2022 and expects to begin delivering them by the end of that year.

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Geneva International Motor Show Cancelled Once Again

The 2022 Geneva International Motor Show (GIMS), which was scheduled to be held between 19 and 27 February 2022 has been cancelled.

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A Chinese company is getting closer to launching a flying car for 2024

HT Aero, a flying car startup backed by Chinese electric vehicle maker Xpeng, said on Tuesday it has raised over $500 million in its latest funding round.

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Chery Remains Highest Vehicle Exporter from China

Chery has maintained its position as the highest vehicle exporter from China with 22,052 units exported in September, up 108.7% year on year.

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Volvo is returning to the stock market pending an estimate of $ 23 billion

Volvo Cars confirms that it will undergo an initial public offering as the company returns to the Nasdaq Stockholm Stock Exchange after 2 decades of being owned by other automakers.

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