Author: Automotivedealernews.com

Tesla CEO Elon Musk is pictured attending the start of production at Tesla’s ‘Gigafactory’ in Gruenheide, southeast of Berlin in Germany. on March 22, 2022. Tesla held an investor day on Wednesday. He didn’t reveal a new vehicle, but he did reveal some of his general ideas about climate change. Patrick Pleul/POOL/AFP via Getty Images hide caption toggle subtitle Patrick Pleul/POOL/AFP via Getty Images Tesla CEO Elon Musk is pictured attending the start of production at Tesla’s ‘Gigafactory’ in Gruenheide, southeast of Berlin in Germany. on March 22, 2022. Tesla held an investor day on Wednesday. He didn’t reveal a…

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PRESS RELEASEPublished on March 2, 2023Global industry analysis Transmission fluid is a specialized lubricant used in automatic and manual transmissions to reduce friction, prevent wear, and cool the transmission system. It is a critical component in the operation of a vehicle and any problem with the transmission fluid can lead to expensive repairs. The global transmission fluid market has been growing steadily in recent years, driven by increasing demand for passenger and commercial vehicles and increasing adoption of automatic transmission systems. Transmission fluid is used in vehicles for transmission with special requirements such as gear lubrication, valve operation, torque converter…

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Production of waxy crude in the Uinta Basin has more than halved since mid-2021, and E&Ps there would like to produce more: The slick, dense hydrocarbon is in high demand, not just from refineries in the nearby Salt Lake City, but also for at least some of their Gulf Coast counterparts. Producers appear to be able to transport increasing volumes of material to market by truck and rail. The problem is that waxy crude emerges from Uinta wells with associated gas that must be piped, pipelines outside the play are approaching capacity, and addressing takeaway limitations is a very complicated…

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SHELBY, NC (WBTV) – No serious injuries were reported after a car plowed into a Shelby sporting goods store Tuesday night.According to Shelby Fire and Rescue, the incident happened at Dunham Sports inside the Cleveland Mall before 9:30 p.mPhotos showed the car sitting in the middle of the store, appearing to have stopped after hitting a pole.Shelves and items for sale littered the floor around him.Officials said crews responded to the scene to help minimize additional damage while removing the vehicle.It’s unclear why the driver entered the store or if they will face any charges.Read also: WBTV gets the scoop…

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The following discussion and analysis should be read in conjunction with theaudited consolidated financial statements and notes thereto included in thisAnnual Report. This Annual Report contains forward-looking statements within themeaning of Section 27A of the Securities Act of 1933, as amended, Section 21E ofthe Securities Exchange Act of 1934, as amended, and the Private SecuritiesLitigation Reform Act of 1995, such statements are subject to the “safe harbor”created by those sections and involve risks and uncertainties. Forward-lookingstatements are based on our management’s beliefs and assumptions and oninformation available to our management as of the date hereof. As a result ofmany factors,…

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Oil ended a tumultuous session higher with record U.S. exports curbing inventory builds, sending the crude market higher even as lingering fears of rising interest rates they dragged Wall Street down. West Texas Intermediate settled at a nine-session high, with the Energy Information Administration reporting that exports rose 23%, slowing recent inventory builds. Encouraging data from China further supported the bulls’ thesis that global demand was recovering and could support oil markets even amid concerns that the United States is headed for an economic contraction. “[EIA data] it could be an indication that Asian demand and Chinese demand for oil…

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SAN FRANCISCO, March 1 (Reuters) – Tesla Inc ( TSLA.O ) will halve assembly costs in future generations of cars, engineers told investors on Wednesday, but Chief Executive Elon Musk did not give meet a long-awaited small and affordable electric. vehicleShares fell more than 5% in after-hours trading after the company’s investor day presentations from its Texas headquarters. A question and answer program continues.In the first three hours of the webcast, Tesla executives led by Musk talked about everything from a white paper plan for the world to embrace sustainable energy to the company’s innovation in managing its operations, from…

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Tesla held its annual Investor Day today, explaining the company’s prerogatives and initiatives to a crowd gathered in person and live. During the presentation, company executives, including CEO Elon Musk, explained their thoughts on ditching fossil fuels and using a new electric vehicle platform, and gave insight into upcoming models .Here are eight of the most interesting things presented at the event.Tesla has a plan to phase out fossil fuels.”My personal opinion is that as we improve the energy density of batteries, you’ll see all transportation go fully electric, with the exception of rockets,” Musk told the audience gathered in…

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Most gun crimes are committed by men, but women also help buy, hide and sell guns for others. The Houston Police Department’s annual “March on Crime” campaign will focus on reducing gun violence and carjackings as the region’s violent crime rate continues to decline. During a news conference Wednesday, HPD Chief Troy Finner said the city would aim to maintain the region’s low crime rate while expanding youth programs and reducing domestic violence in the area. from Houston. “We have a lot of work to do,” Finner said. “When someone is a victim of a violent crime here in this…

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Sparrows Group has expanded its service offering in the North Sea with the aim of replicating the success it had in the Middle East and Asia. To this end, the company has also appointed Sandy Main as Drilling Services Manager – Europe, with Main bringing over 30 years of experience in the drilling services industry. In his new role as Europe Drilling Services Manager, Main will be responsible for the service’s operations and technical resources in the region, ensuring Sparrows can deliver large-scale projects to North Sea operators, Sparrows said. . Since introducing drilling services to its repertoire in the…

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