Automotive
- Technology
Automotive digital marketplace TrueCar lays off 24% of workforce
San Francisco: US-based automotive digital marketplace TrueCar has announced the laying off of nearly 24 percent of its workforce, or about 102 employees, amid restructuring. Michael Darrow, President, and CEO, has also…
- Technology
Samsung to manufacture Ambarella’s automotive chips
Seoul: Samsung Electronics on Tuesday said that it will manufacture advanced automotive semiconductors for the US chip design company Ambarella. Samsung will produce the Santa Clara-based chip company’s automotive artificial intelligence central…
- Business
Tesla doubles net income to $3.3 bn in Q3, automotive sales up 55%
San Francisco: Elon Musk-run Tesla has reported $3.3 billion in net income for the third quarter (Q3), more than double from a year ago, and its automotive revenue jumped 55 per cent…