The incident bore all the hallmarks of a ransomware attack, in which targets are asked to pay a ransom to access encrypted files.
Auto industry
Posted inBusiness, Nation & World, News
Car dealerships are being disrupted by a multi-day outage after cyberattacks on software supplier
A company that provides software for thousands of auto dealers in the U.S. and Canada was hit by back-to-back cyberattacks on Wednesday.
advertisement
Posted inBusiness, Nation & World, News
After decisive loss at Alabama Mercedes plants, powerful auto union vows to return and win
Workers at two Mercedes factories in Alabama voted decisively against unionizing.
Posted inBusiness, Nation & World, News
The unofficial spokesman for the American muscle car, Tim Kuniskis, is retiring
For years Kuniskis was the spokesman for high-performance American cars, introducing many powerful models.
Posted inBusiness, Nation & World, News
Small, well-built Chinese EV, the Seagull poses threat to U.S. auto industry
A tiny, low-priced electric vehicle called the Seagull has American automakers and politicians trembling.
Posted inBusiness
Ford is under investigation for Bronco Sport gas leaks. U.S. says its remedy doesn’t fix the problem
The National Highway Traffic Safety Administration said in documents posted Friday that the probe will ‘evaluate the adequacy and safety consequences of the remedy’ that Ford specifies in the recall.
Posted inBusiness, Nation & World, News
Tesla sales tumble nearly 9% as competition heats up and demand for EVs slows
Tesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to draw more buyers.
Posted inBusiness, News
What does the Baltimore bridge collapse mean for Maine’s supply chains?
The effects won’t reach the state for over a month, one expert said. But there could be delays in restocking various goods, and consumers may see prices go up.
Posted inBusiness, News
EPA sets strict emissions standards for heavy-duty trucks and buses in bid to fight climate change
The new rules for heavy trucks and buses come a week after the EPA announced new automobile emissions standards for passenger vehicles.
Posted inBusiness, News
Major automakers may be using Chinese aluminum produced with forced labor, rights group says
China is accused of running labor transfer programs in which minorities are forced to toil in factories as part of a longstanding campaign of assimilation and mass detention.