Behind the scenes of a luxury car dealership

It’s not about hard selling. Not any more. Spend an hour or two with Ken Choo at London’s Bentley dealership Jack Barclay — flagship of the countrywide HR Owen network of 15 luxury car dealerships — and you’ll soon learn that the process that delivers prestige cars into the hands of new owners no longer involves old-style persuasion.… Continue reading Behind the scenes of a luxury car dealership

Tesla’s Musk defends comments made in conference call

Associated Press Published 11:28 a.m. ET May 4, 2018 Tesla CEO Elon Musk (Photo: Evan Vucci / AP) Tesla CEO Elon Musk is going on the defensive in a series of tweets, saying the people he shut down during a contentious conference call were “sell-side analysts who represent a short seller thesis, not investors.” Musk,… Continue reading Tesla’s Musk defends comments made in conference call

Waymo van involved in serious collision in Arizona

A Waymo self-driving vehicle was involved in a serious accident in Chandler, Arizona earlier this afternoon. Local police have said that there were minor injuries from the incident after a sedan swerved into the Waymo van to avoid another collision, ABC 15 reported. I’ve contacted the Chandler police department for more information. Although Waymo has… Continue reading Waymo van involved in serious collision in Arizona

A Waymo self-driving van was involved in a crash in Arizona

A self-driving van operated by Waymo — a cousin company to Google under the corporate umbrella of Alphabet — was involved in a crash on Friday in Chandler, Arizona. According to Fox 10 Phoenix, a Honda sedan traveling the opposite direction swerved and struck the Waymo vehicle. Police are investigating the accident, per that report.… Continue reading A Waymo self-driving van was involved in a crash in Arizona

Toyota Plans $1.1 Billion Expansion at Canadian Plant

Toyota Motor Corp. is set to announce a C$1.4 billion ($1.1 billion) expansion of its Canadian operations to build the RAV4 sport utility vehicle, a bet on the nation’s manufacturing amid a cloud of uncertainty from ongoing Nafta talks. The Japanese automaker is slated to make an announcement Friday afternoon at its facility in Cambridge,… Continue reading Toyota Plans $1.1 Billion Expansion at Canadian Plant

Diesel Sheds Pariah Status to Become One of Hottest Energy Plays

After spearheading oil’s rally last summer, diesel markets have gotten even tighter. The cold winter in the U.S., strong global economic growth and refineries increasingly processing lighter crude oil have all contributed to the steady draw-down of diesel stockpiles the world over. All of that, along with the longer-term fillip of new shipping regulations, is… Continue reading Diesel Sheds Pariah Status to Become One of Hottest Energy Plays

UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior

(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk acknowledged on Friday that it was “foolish” of him to snub analysts on a conference call earlier in the week, but further needled Wall Street with a series of accusatory tweets. In a post-earnings call on Wednesday, Musk refused to answer questions from analysts on… Continue reading UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior

Tesla’s Favorite Autopilot Safety Statistic Doesn’t Hold Up

For more than a year, Tesla has defended its semiautonomous Autopilot as a vital, life-saving feature. CEO Elon Musk has lambasted journalists who write about crashes involving the system. “It’s really incredibly irresponsible of any journalists with integrity to write an article that would lead people to believe that autonomy is less safe,” he said… Continue reading Tesla’s Favorite Autopilot Safety Statistic Doesn’t Hold Up

UPDATE 1-Motor racing-Agag makes 600m euro bid for Formula E

LONDON (Reuters) – Formula E founder and chief executive Alejandro Agag has made a 600 million euro ($716.34 million) bid to take full ownership of the company, the all-electric series said on Friday. FILE PHOTO: Alejandro Agag, Formula E CEO, speaks during an interview with Reuters ahead of round four of the Formula E championship… Continue reading UPDATE 1-Motor racing-Agag makes 600m euro bid for Formula E

VW’s version of the single adversaries fizzles

The indictment of US justice against the former VW boss Martin Winterkorn contradicts the previous defense strategy of the car company. What did the then leadership know about diesel fraud? VW plant in Wolfsburg (archive) Friday, 04.05.2018 16:53 clock This Thursday should actually be a liberation for Volkswagen. The new CEO Herbert Diess promised his… Continue reading VW’s version of the single adversaries fizzles