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17.04.25 - 15:03
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Torc Names Steve Kenner as Chief Safety Officer (Business Wire)
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Kenner brings a wealth of experience leading safety at multiple automotive and tech companies as Torc nears market entry and commercialization
BLACKSBURG, Va.--(BUSINESS WIRE)--Torc, a pioneer in commercializing self-driving class 8 trucks, today announced the appointment of Steve Kenner as the company's Chief Safety Officer. Kenner brings nearly four decades of experience in engineering and automotive safety for companies like Aurora, Kodiak, General Motors, Uber and more to Torc as the company drives toward the commercialization of autonomous trucks.
In this role, Kenner will report to Torc's CEO, Peter Vaughan Schmidt, overseeing the development and implementation of robust safety programs at a global level and representing Torc to federal and state agencies. Kenner will lead a team of internal safety experts, ensuring the continued cross-functional prioritization of safety into every facet of the organization – from development and testing to deployment.
"Steve's impressive career trajectory...
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16.04.25 - 18:06
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Carney Capitulates: Canada Waives Retaliatory Tariffs On US-Made Cars And Trucks (ZeroHedge)
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Carney Capitulates: Canada Waives Retaliatory Tariffs On US-Made Cars And Trucks
The first skirmish in the US-China trade war just concluded and John Carney is left licking his wounds.
Canadian Prime Minister Mark Carney said his government will allow automakers to import US-manufactured cars and trucks without tariffs, as long as the companies continue to build cars in Canada, and continued with previously announced expansions. Which of course, they all will vow to do - after all, there is no downside to a promise - meaning Canada just conceded to a key Trump demands.
Last week, Carney put retaliatory tariffs of as much as 25% on vehicles made in the US, effectively matching an earlier move by US President Donald Trump on foreign autos.
The move provides relief from the trade war to companies including General Motors and Stellantis that have assembly plants in Ontario but still export large quantities of vehicles from the US into Canada.
Commenting on the capitulation, Rabobank's Michael Eve...
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