Mercedes Locks Faster Acceleration Feature Behind Annual Subscription
Business

Mercedes Locks Faster Acceleration Feature Behind Annual Subscription

Mercedes is the latest car maker to fully embrace the trend of locking car features behind subscriptions, now including a forced handicap on the car’s acceleration capabilities that can be “unlocked” for $1200 a year.
How to Save $7,500 When Buying a New Plug-In Vehicle
Business

How to Save $7,500 When Buying a New Plug-In Vehicle

A new incentive approved by the Biden administration aims to encourage more Americans to purchase electric cars. This is part of a larger plan to greatly increase electric car production this decade.
Tesla’s Stock Drops 5% After the Launch of an NHTSA Investigation into Autopilot Crashes
Money

Tesla’s Stock Drops 5% After the Launch of an NHTSA Investigation into Autopilot Crashes

The investigation will cover all cars produced from 2014 to 2021. The NHTSA also confirmed that it had identified up to 11 crashes associated with the autopilot system from the beginning of January 2018.
Amazon Says It Doesn’t Plan to Start Accepting Bitcoin Payments
Money

Amazon Says It Doesn’t Plan to Start Accepting Bitcoin Payments

Following a number of reports, Amazon clears up that it currently has no plans to accept Bitcoins on their platform, though they are open to exploring other options.
SEC Sues Volkswagen Over Massive Fraud on American Investors
Business

SEC Sues Volkswagen Over Massive Fraud on American Investors

The company was caught using illegal software to cheat on US pollution tests, and it was one of the largest scandals in the automotive industry.
Toyota Recalls 1.7 Million Vehicles in North America Because of Airbag Issues
Business

Toyota Recalls 1.7 Million Vehicles in North America Because of Airbag Issues

The issue is due to deterioration of ammonium nitrate in Takata airbag inflators, and the recall will affect a number of models including 4Runner, Corolla, Matrix and Lexus.

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