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Diesel Fears Become Reality With First Driving Ban in Germany

LISTEN TO ARTICLE SHARE THIS ARTICLE Hamburg, Germany’s second-largest city, will restrict older diesel vehicles from selected urban areas starting next week, marking the first driving ban in the country for the embattled technology. Beginning May 31, the port city of 1.8 million people will prevent cars and trucks that don’t meet at least Euro-6… Continue reading Diesel Fears Become Reality With First Driving Ban in Germany

Brexit a threat to flow of goods in and out of Europe

After the Pride of York ferry sailed into the Belgian port of Zeebrugge from Hull in the UK earlier this month, dozens of cargo containers were offloaded and whisked away on lorries. The hundreds of passengers weren’t as lucky: they had to line up for border checks. Brexit risks putting UK freight in the slow… Continue reading Brexit a threat to flow of goods in and out of Europe

Porsche’s $1.7 Million 918 Spyder Recalled Again Over Suspension

One of the world’s most exclusive sports cars, the Porsche 918 Spyder, is being recalled because of potential suspension cracking — an issue that’d prompted three previous recalls in the U.S. This recall affects 305 units from the 2015 model year, the U.S. National Highway Traffic Safety Administration said in a posting on its website… Continue reading Porsche’s $1.7 Million 918 Spyder Recalled Again Over Suspension

Fiat Chrysler Suit Emails Suggest Diesel Cheat Known in 2010

Suppliers to Fiat Chrysler Automobiles NV discussed alleged illegal use of software to pass emissions tests in 2010, according to emails disclosed in federal court in San Francisco this week. Fiat Chrysler wanted to use software in its diesel engines that was capable of “cycle detection,” meaning it could sense when the vehicle was undergoing… Continue reading Fiat Chrysler Suit Emails Suggest Diesel Cheat Known in 2010

Porsche Slapped With Diesel Recall by German Regulator

Porsche must recall almost 60,000 sport utility vehicles in Europe to fix manipulated diesel engines after the German auto industry regulator found software functions that are illegal. Inspections of Macan and Cayenne SUVs found they contained software that could reduce emissions controls for smog-inducing nitrogen oxide, the German transport ministry said Friday in an emailed… Continue reading Porsche Slapped With Diesel Recall by German Regulator

Tesla May Require $10B in Funding by 2020, Says Goldman Sachs

For You Live TV Stream Schedule: U.S. TV 21:00 Bloomberg Technology UP NEXT 22:00 Bloomberg Daybreak: Australia 19:20 Kevin R Kelly Kelly & Co, Managing Partner 23:00 Bloomberg Daybreak: Asia 01:00 Bloomberg Markets: Asia 03:00 Bloomberg Technology 04:00 PAID PROGRAMMING 04:30 PAID PROGRAMMING 05:00 Bloomberg Daybreak: Europe 06:30 Bloomberg Markets: European Open 08:00 Bloomberg Surveillance… Continue reading Tesla May Require $10B in Funding by 2020, Says Goldman Sachs

Musk Says He’s ‘Flattening’ Tesla Structure With Defections Mounting

The Tesla Inc. management ranks that Elon Musk told employees he’s “flattening” had already been raising eyebrows by how quickly it was thinning out. Musk announced a “thorough reorganization” in a memo to employees Monday, saying Tesla was changing its structure to improve communication, combine functions and get rid of activities that aren’t “vital to… Continue reading Musk Says He’s ‘Flattening’ Tesla Structure With Defections Mounting