News - DAX Street

Why American Automakers Are Slow to Adopt European Safety Standards

The automotive industry in the United States and Europe operates under different regulatory frameworks, which influence the safety standards for vehicles. While European safety standards are often more stringent and innovative, American automakers have been…

Dowlais and American Axle Finalize $1.2 Billion Cash-and-Stock Deal

American Axle invests £1.16 billion in a strategic acquisition aimed at enhancing growth (Credit: American Axle)

A £1.2 billion takeover agreement has been reached between British car parts manufacturer Dowlais and its American counterpart American Axle & Manufacturing, marking another major exit from the London stock market in 2024. Dowlais, which…

Charlotte Aims for Full EV Fleet Conversion by 2030 to Reach Carbon Neutrality by 2050

Charlotte, North Carolina, has set an ambitious goal to transition its municipal fleet to electric vehicles (EVs) over the next 8 years. Currently, the city has only 88 EVs in its fleet, but it plans…

Freezing Temperatures Drain Car Batteries and Reduce EV Range, Creating Winter Challenges

Brutal cold weather not only affects our physical well-being, but it can also have a severe impact on vehicles, often rendering them inoperable. The extreme temperatures can make starting cars difficult, and in some cases,…

Universal Orlando Enhances Guest Travel with Electric Buses for Faster, Greener Park Transportation

Universal Orlando Resort is revolutionizing its transportation system with the introduction of electric buses. This new initiative, announced in September 2023 by CEO Mark Woodbury, aims to enhance both guest experience and sustainability. The electric…

Michigan’s Cautious Approach to Electric Vehicles Faces Political, Economic, and Infrastructure Challenges

Claude Townsend, an auto-repair instructor at Oakland Community College, appears to be eager to promote electric vehicles (EVs) in Michigan. He has even developed a new course on hybrids and EVs for his students. However,…

Seattle Leads Electrified Transit Shift with Zero-Emissions Bus Fleets and Electric Ferries for Cleaner Future

Seattle Leads Electrified Transit Shift with Zero Emissions Bus Fleets and Electric Ferries for Cleaner Future

Seattle is embracing the transition to electrified public transit, powered by clean electricity from Seattle City Light. The city already benefits from several modes of electrified transportation, including streetcars, trolley buses, and light rail. Moreover,…

Electric Boating Gains Momentum with Advancements in Speed, Efficiency, and Commercial Applications

Electric boating is rapidly gaining popularity as advancements in technology make it a more viable alternative to traditional petrol-powered boats. While the concept of electric boats has been quietly growing, recent innovations in design and…

Extreme Heat Shortens Battery Life for Cars and Electronics, Experts Explain How to Prevent Damage

Mike Yu has owned Midtown Auto Service on Almeda Road for 25 years, and every summer, he faces a common problem with cars that fail to start due to battery issues. While many believe that…

First Fatal U.S. Crash Involving Fully Driverless Car Occurs in San Francisco, Waymo Vehicle Not at Fault

Self Driving Cars, Now Common In San Francisco, Bring Backlash From Residents

On Sunday evening, a deadly multi-car collision occurred in San Francisco, marking the first fatality in the U.S. involving a fully autonomous vehicle with no driver. The incident involved a self-driving Waymo car, which was…

Waymo Begins Testing Driverless Cars on Los Angeles Freeways for the First Time

Los Angeles, known for its congested freeways and intense traffic, will soon see an innovation in its streets: driverless cars. Waymo, a leading company in autonomous vehicle technology, has confirmed that it will begin testing…

The Role of Auto Companies in Underfunding Public Transit Systems

Public transit systems are vital for reducing traffic congestion, lowering carbon emissions, and providing affordable transportation options for urban populations. Despite these benefits, public transit in the United States often faces chronic underfunding and underdevelopment.…

How Poor Road Conditions Hurt Low-Income Americans the Most

How Poor Road Conditions Hurt Low Income Americans the Most

Poor road conditions are a significant problem across many parts of the United States, affecting everyone who relies on transportation. However, the impact of deteriorating infrastructure is felt most acutely by low-income Americans, who often…

Why the U.S. Government Should Break Up Auto Industry Monopolies

The American auto industry is dominated by a few major companies, including Ford, General Motors, and Chrysler. This concentration of market power raises concerns about reduced competition, innovation stagnation, and negative impacts on consumers. Breaking…

The Impact of Cheap Car Imports on the American Auto Industry

The influx of cheap car imports has had a profound impact on the American auto industry, reshaping the landscape of vehicle manufacturing, consumer preferences, and economic dynamics. While these affordable imports offer consumers greater variety…

Fatal Pileup in Canada Involving Multiple Trucks Shuts Down Highway West of Ignace

Igance Collision

The Ontario Provincial Police (OPP) has confirmed that three people lost their lives in a major early-morning crash near Ignace last week. OPP officers, along with fire and emergency medical services, responded to the collision,…

India’s Car Exports Reach Record High Amid Strong Demand for Compact SUVs

Car Sales Growth In India

In 2024, India’s automobile industry achieved a notable 19 percent increase in exports compared to the previous year. This growth can largely be attributed to strong demand across various segments, including commercial vehicles, two-wheelers, and…

Tragic Collision in Australia: Motorbike Rider Killed by Stolen Vehicle Driven by Teenagers

Tragic Collision in Australia

Three teenage boys have appeared in court following a fatal crash that claimed the life of an innocent motorcyclist during a police pursuit in Gunnedah, located in north-western New South Wales. The victim, 52-year-old Daniel…

Why Small Automakers Struggle in the U.S. Auto Market and Face Challenges of Growth

The American auto market has long been dominated by major players such as Ford, General Motors, and Chrysler. While these large manufacturers have established a strong presence and significant influence, smaller automotive companies often struggle…

Fiat Revives Iconic Model with an Affordable Electric Upgrade

Drawing inspiration from the classic 1980s design, the Grande Panda revives nostalgia (Credit: Grande Panda)

With its blend of vintage aesthetics and modern technology, the Grande Panda is set to succeed the current model of Fiat’s beloved city car, which has been on the market for 13 years. Fiat officially…

The Exploitation of Low-Income Americans in the Used Car Market

The Exploitation of Low Income Americans in the Used Car Market

The used car market, a vital segment of the automotive industry, often serves as the primary source of transportation for low-income Americans. However, this market can also be a treacherous world, rife with exploitation and…

Expert Calls for National Test to Ensure Autonomous Vehicles Meet Safety Standards Before Public Roads

Amid growing concerns about the safety of self-driving vehicles, Henry Liu, a leading expert in autonomous vehicle testing, has called for the federal government to create a national driver’s test that self-driving vehicles would need…

FTC Finalizes CARS Rule to Combat Auto Retail Scams and Protect Consumers from Hidden Fees

The Federal Trade Commission (FTC) has finalized a new rule aimed at addressing two prevalent illegal tactics that consumers often face when buying a car: bait-and-switch tactics and hidden junk fees. These deceptive practices cost…

How Automakers’ Data Collection Practices Impact Car Insurance Rates and Consumer Privacy

Kenn Dahl, a 65-year-old software company owner from Seattle, was surprised when the cost of his car insurance spiked by 21% in 2022. As someone who considered himself a careful driver and had never caused…

EPA Report Reveals Automakers Fall Short on Carbon Emission Reductions and Fuel Efficiency Gains

According to the Environmental Protection Agency’s (EPA) Automotive Trends Report released on December 20, 2023, automakers are making minimal strides in reducing carbon emissions and improving fuel efficiency. The 2022 new vehicle fleet showed only…