As Ford Motor Co. rolls out a redesigned version of its Focus compact car in China and Europe, it’s also debuting a strategy to be more choosy about which buyers it battles for and where. The automaker is taking the wraps off upscale grades of the car in London including the Focus Vignale, expanding the… Continue reading Ford Debuts More Upscale Focus to Trade Sales for Richer Margins
Author: Bingborg Newsfeed
Uganda Backs Electric Vehicle Project It Says Can Lead Continent
Uganda’s cabinet approved a plan to commercially produce electric vehicles its company has been designing, a project it describes as putting it at the forefront of African innovation in the industry. The Kiira Electronic Vehicle Project seeks to spark investment by businesses in the manufacture of vehicle parts, increase demand for natural resources and create… Continue reading Uganda Backs Electric Vehicle Project It Says Can Lead Continent
Alphabet’s Waymo Takes a Page Out of Google’s Android Playbook
When Google set out to tackle the smartphone market with its Android operating system, it picked off the more vulnerable subscale brands with little software expertise. Within three years, those phone makers had surged up the sales charts to become the biggest players. At the time of Android’s launch in 2008, Samsung Electronics Co. Ltd. and… Continue reading Alphabet’s Waymo Takes a Page Out of Google’s Android Playbook
Germany May Inflict More Diesel Pain on Carmakers
Germany is preparing to take another run at shoring up diesel as it seeks to balance efforts to improve urban air quality with concerns about lost jobs from the technology’s decline. Transport Minister Andreas Scheuer signaled automakers including Volkswagen AG and BMW AG could be hit with more painful measures to reduce smog-causing emissions, while… Continue reading Germany May Inflict More Diesel Pain on Carmakers
Toyota’s China Crisis
The world’s biggest carmaker and the world’s biggest car market should be made for each other. So why is Toyota Motor Corp. misfiring in China? As recently as 2015, it was the No. 2 marque in the country, behind the eternally dominant Volkswagen AG. Since then, though, sales have flatlined, while rivals have picked up… Continue reading Toyota’s China Crisis
Japan’s Automakers Should Get in the Fast Lane
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Alibaba-Backed China Car Startup to Raise $2.7 Billion This Year
Xiaopeng Motors, which counts Alibaba Group Holding Ltd. and Foxconn Technology Group among its investors, plans to raise 17 billion yuan ($2.7 billion) in funds this year as the Chinese car startup seeks to take on rivals in the world’s biggest market for electric vehicles. The company plans to start pre-sales of its first model,… Continue reading Alibaba-Backed China Car Startup to Raise $2.7 Billion This Year
BMW Subscription Pilot Puts You in a Top Tier Car for $3,700 a Month
BMW AG’s new U.S. subscription pilot will put drivers into the brand’s top performance cars for as much as $3,700 a month as the German automaker tests a new ownership model with its most exclusive customers. The app-based service — which begins in Nashville, Tennessee, this week — provides members with unlimited access to a… Continue reading BMW Subscription Pilot Puts You in a Top Tier Car for $3,700 a Month
A Handy Guide To Tesla’s Guidance
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Waymo CEO Says Self-Driving Tech Isn’t to Blame for Tesla Death
As controversy swirls around the death of a Model X driver last month, the head of Alphabet Inc.’s self-driving car unit is drawing distinctions between his company’s technology and Tesla Inc.’s Autopilot. Wei Huang, 38, died March 23 when his sport utility vehicle using the driver-assistance system Autopilot collided with a highway barrier in Mountain… Continue reading Waymo CEO Says Self-Driving Tech Isn’t to Blame for Tesla Death