Vehicles

Stung By Chip Shortage, VW Loses Production Of "Tens Of Thousands" Of Vehicles In China

Volkswagen has been the latest automaker to be hit hard by the semiconductor shortage that is sweeping its way through the auto industry.  The company has reportedly lost “tens of thousands” of vehicles in production in China as a result, according to Bloomberg.  VW’s China head, Stephan Wollenstein, commented Wednesday: “It was hurting us already in…

World's Largest Muscle Car Collector Set To Auction 200 Rare Vehicles At No Reserve 

While current market euphoria has surpassed dot com levels, what is going on now is absolutely astonishing and gets crazier by the day. The on-going Federal Reserve’s QE purchases, plus all other major central banks, are plowing $1.3 billion into capital markets every 60 minutes since March.  And, of course, all this newly printed money has…

Tesla Slips After Being Forced To Recall 158,000 Vehicles In The U.S.

While we must say that while we were a little confused about the results of the National Highway Traffic Safety Administration’s recent investigation into sudden unintended acceleration incidents with Teslas (the agency cleared Tesla and it was later revealed that the head of the investigation may be a Tesla sympathizer), it is no surprise to…

Army Receives Two Robotic Combat Vehicles That Will “Revolutionize” Combat Operations

By Tyler Durden The US Army wants to field light, medium, and heavy robotic combat vehicles to prepare for future combat on the modern battlefield as part of a rapid modernization effort. American defense firm Pratt Miller tweeted about a week before Christmas that it delivered two Robotic Combat Vehicle-Light unmanned ground vehicle prototypes (RCV-Ls)…

Army Receives Two Robotic Combat Vehicles That Will "Revolutionize" Combat Operations 

The US Army wants to field light, medium, and heavy robotic combat vehicles to prepare for future combat on the modern battlefield as part of a rapid modernization effort.  American defense firm Pratt Miller tweeted about a week before Christmas that it delivered two Robotic Combat Vehicle-Light unmanned ground vehicle prototypes (RCV-Ls) to the Army. …

GM Recalling Nearly 840,000 Vehicles For Seat Belt Failures, Suspension Problems

By Tyler Durden Who would have though there would be a massive, suspension-related recall in December and it wouldn’t be from Tesla? General Motors announced this week it is recalling about 840,000 vehicles in the U.S. for both suspension problems and because its front seat belts can fail, according to Yahoo. The seat belt recall…

Automakers Ask U.S. Dept of Transportation to Make It Easier to Deploy Autonomous Vehicles That Will Eliminate Jobs

By B.N. Frank Experts continue to warn that Autonomous Vehicles (AVs) are NOT safe (see 1, 2, 3, 4, 5). For one thing – they can be hacked from afar with lasers. There have also been numerous reports about Teslas crashing and/or catching fire. Tesla owners have reported other terrifying driving experiences as well (see…

Laser Hacking from Afar: Vehicles, Smart Home Tech, Medical Devices, Industrial and Space Systems

By B.N. Frank There seems to be no shortage of bizarre and terrifying reports about “smart” and wireless devices – including utility “Smart” Meters and medical devices – being vulnerable to cyberattacks (see 1, 2). At least one video has been posted online that demonstrates how to break into a smart home with a laser….

Thousands of Electric Vehicles Recalled by GM due to Battery Fires

By B.N. Frank Maybe someday fires won’t be such a big problem with Teslas and other Electric Vehicles (EVs). Until then – buyer beware. From Bloomberg: GM Recalls Thousands of Electric Vehicles, Warning of Battery Fires (Bloomberg) — General Motors Co. recalled more than 50,000 electric vehicles on Saturday, warning that their high-voltage batteries could…

The Next Area 51? Space Force Opens New Lab For Testing “Novel Space Vehicles”

By Tyler Durden The US Air Force recently announced the opening of a new high-tech lab which it says will be used by the recently established Space Force (USSF) to test advanced materials and designs for space vehicles such as satellites and spacecraft. The new lab facility is located at Kirtland Air Force Base in…

The Next Area 51? Space Force Opens New Lab For Testing ‘Novel Space Vehicles’

The US Air Force recently announced the opening of a new high-tech lab which it says will be used by the recently established Space Force (USSF) to test advanced materials and designs for space vehicles such as satellites and spacecraft. The new lab facility is located at Kirtland Air Force Base in New Mexico and…

New Energy Vehicles Will Be 20% Of China’s Total New Car Sales By 2025

The boom in EV stocks may not be stopping anytime soon. Recent momentum in names like Kandi Technologies, Nio, Tesla, Fisker and other electric vehicle names – already fueled by states like California vowing to ban internal combustion engine vehicles – could see a continued tailwind from the world’s largest auto market, China. Sales of…