Electric-powered Mini cars are to be built in China, as well as in Oxford where most Minis are currently made. BMW, the owner of the Mini brand, said it had agreed an outline deal with Chinese manufacturer Great Wall Motor. Cars made under that partnership will be for the Chinese market. The deal will not… Continue reading Electric powered Minis to be built in China
Author: BBC News
Tesla investigates claims of crypto-currency hack
Tesla has confirmed that its cloud computing platform has been compromised by hackers. RedLock, the company that alerted it to the breach, believes the attackers may have done this to mine crypto-currency – an attack known as crypto-jacking. Tesla said it had addressed the vulnerability “within hours” and that no customer data had been stolen.… Continue reading Tesla investigates claims of crypto-currency hack
Ford executive leaves over inappropriate behaviour
The head of Ford’s US operations is leaving the company immediately following an internal investigation into inappropriate behaviour. The carmaker said its inquiry had concluded that some of Raj Nair’s actions had been “inconsistent with the company’s code of conduct”. Ford did not specify why the investigation was started nor what it uncovered. Mr Nair… Continue reading Ford executive leaves over inappropriate behaviour
Tesla reports record loss but says outlook is positive
Electric car maker Tesla has notched up its biggest ever quarterly loss and said it “learned many lessons” from its crucial Model 3 production plans. The firm’s future hangs on the Model 3 sedan, but it has so far struggled with production bottlenecks. Tesla reported a loss of $675.4m (£487m) in three months to 31… Continue reading Tesla reports record loss but says outlook is positive
Purplebricks estate agent defends business model
Purplebricks refutes a claim that it only sells about half of properties listed by customers.
Most new cars must be electric by 2030, ministers told
Media playback is unsupported on your device Three-fifths of new cars must be electric by 2030 to meet greenhouse gas targets, ministers have been warned. Homes also need to be built to a higher standard, the Committee on Climate Change – the official watchdog – says. The government says the UK is cutting emissions faster… Continue reading Most new cars must be electric by 2030, ministers told
Detroit Auto Show: Firms bet on trucks to boost US sales
Carmakers are focusing on pickup trucks and SUVs as they seek to counter falling sales in the US. Sales of new vehicles in the world’s second-largest market dropped 2% last year to 17.2 million, the first fall since 2009. This year is expected to see another fall in sales, so carmakers are focusing on the… Continue reading Detroit Auto Show: Firms bet on trucks to boost US sales
Carillion crunch rescue talks to resume
Talks will continue later to try to save the troubled construction firm Carillion amid reports it could collapse by Monday. Its future is being discussed at high-level Whitehall meetings, the BBC understands. The government contractor is involved in major projects such as the HS2 high-speed rail line, as well as managing schools and prisons. Carillion… Continue reading Carillion crunch rescue talks to resume
Carillion’s woes
UK construction firm Carillion is in huge financial trouble. The UK’s second-largest construction company is shouldering a whopping £1.5bn debt pile and some fear it could collapse into administration. The big concern is over the disruption this might cause, given Carillion holds so many government contracts – from building hospitals to managing schools. It also… Continue reading Carillion’s woes
CES 2018: Panasonic’s concept car has pick-your-own views
A concept car with windows that let you swap the view outside for your preferred option is on show at the CES trade fair in Las Vegas. The Living Space Autonomous Cabin is intended to show off the Japanese company’s vision of what vehicle interiors could be like when automobiles drive themselves. The BBC’s Chris… Continue reading CES 2018: Panasonic’s concept car has pick-your-own views