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Hackers demand massive ransom as cyberattack plagues auto dealerships

Teslarati

and Canada’s most commonly used auto dealer management software has rendered over 15,000 dealerships unable to make sales over the past few days, and those who claim to be behind the outage are demanding tens of millions of dollars as ransom. Auto dealerships in the U.S. A cyberattack on the U.S. dealerships.

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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

Moreover, Recurrent Auto , the company that published the report, has more good news for current and will-be Tesla owners. Credit: Recurrent Auto The shift from Teslas being appreciating assets to more typical depreciating vehicles has been a dramatic one. Credit: Recurrent Auto What do you think of the article?

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Tata Motors CV earmarks 40% of its investment this year on advanced technologies – ET Auto

Baua Electric

The road ahead is not absolutely clear in terms of technology demand for the automotive industry, but preparations have to be made nonetheless. The SDV (Software Defined Vehicle) trend is making more progress in the passenger vehicle industry, but there may be use cases in the commercial vehicle industry too. “It

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Sany Heavy Industry India Pvt Ltd expands presence in Odisha | Autocar Professional

Baua Electric

Sany Heavy Industry India Pvt Ltd, a leading global provider of construction machinery and equipment, on Friday announced opening of HO, M/s Raghunath Machinary. The establishment of this state-of-the-art facility underscored Sany Heavy Industry’s commitment to its customers in South Odisha and Western Odisha regions.

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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

Green Car Congress

Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Honda SUV e:prototype shown at Shanghai 2021.

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Autonomous car rules advancing faster than the vehicles themselves: UN – ET Auto

Baua Electric

He said regulations for electric vehicles was ready before they hit the market, and the framework is also now in place for hydrogen vehicles, should the industry move towards mass production. Five levels There are five levels of automation, with the lower levels already becoming commonplace.

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Hertz Global eyes worst day on record as EV rental business falters – ET Auto

Baua Electric

The company is slimming down the business due to weak demand, with plans to sell 10,000 more EVs, taking its total planned sales to 300,000 this year. The Estero , Florida-based company said it took a USD 588 million hit in vehicle depreciation costs during the quarter, of which USD 195 million was related to EVs held for sale.

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