Kia will push EV leasing to reap tax credit boon

<p>Kia will lean more aggressively into the Inflation Reduction Act provision that extends a $7,500 federal EV incentive to leasing customers.</p>

https://www.autonews.com/retail/why-kia-...ev-leasing

Ford E-Transit extended-range model can go almost 50% further

<p>The electric van will be able to travel up to 186 miles on a single charge, up from 126 miles today. Ford plans a formal announcement May 11.</p>

https://www.autonews.com/manufacturing/f...-nearly-50

Morgan Automotive Group buys 4 dealerships in Florida, including its first in Miami

<p>Morgan Automotive followed its acquisitive 2022 by adding 4 dealerships so far this year and has entered the Miami market.</p>

https://www.autonews.com/dealers/morgan-...ters-miami

UberX Share to expand to 5 more cities in coming weeks

<p>Uber Technologies Inc. said it plans to expand UberX Share, which gives users a discount for sharing their ride with others, in the coming weeks.</p>

https://www.autonews.com/mobility-report...ng-service

Fed delivers small interest rate hike, flags possible pause in tightening cycle

<p>The unanimous decision lifted the U.S. central bank's benchmark overnight interest rate to the 5-5.25 percent range. The Federal Reserve’s actions increase the likelihood of higher borrowing costs for new and used vehicles and other forms of credit.</p>

https://www.autonews.com/finance-insuran...-rate-hike

Rubio seeks probe of Ford nickel plant as Democrats renew efforts to counter China

<p>Rubio said the venture threatens U.S. national security and asked the Justice, State, Treasury, Commerce, Homeland Security departments as well as the Securities and Exchange Commission to investigate the plan.<br />
 </p>

https://www.autonews.com/china/rubio-eye...nter-china

Learn about PACEpilot on May 16 in Detroit

<p>Join Automotive News Executive Editor Jamie Butters, program judges, a past honoree and others for a free informational discussion about the PACEpilot program.</p>

https://www.autonews.com/suppliers/autom...set-may-16

Trucking event will provide independent Tesla Semi performance data

<p>PepsiCo confirmed Wednesday it would enter at least one of the Tesla Semis it operates in the Run On Less trucking industry event later this year.</p>

https://www.autonews.com/mobility-report...ruck-event

CISA Issues Advisory on Critical RCE Affecting ME RTU Remote Terminal Units

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) on Tuesday released an Industrial Control Systems (ICS) advisory about a critical flaw affecting ME RTU remote terminal units.
The security vulnerability, tracked as CVE-2023-2131, has received the highest severity rating of 10.0 on the CVSS scoring system for its low attack complexity.
"Successful exploitation of this

https://thehackernews.com/2023/05/cisa-i...l-rce.html

Hackers Exploiting 5-year-old Unpatched Vulnerability in TBK DVR Devices

Threat actors are actively exploiting an unpatched five-year-old flaw impacting TBK digital video recording (DVR) devices, according to an advisory issued by Fortinet FortiGuard Labs.
The vulnerability in question is CVE-2018-9995 (CVSS score: 9.8), a critical authentication bypass issue that could be exploited by remote actors to gain elevated permissions.
"The 5-year-old vulnerability (

https://thehackernews.com/2023/05/hacker...tched.html