July 17, 2018 Chinese ride-hailing giant Didi Chuxing Technology Co Ltd is looking to spin off its car services unit in a deal worth up to $1.5 billion ahead of its expected initial public offering, people with direct knowledge of the matter told Reuters. Didi is hoping to raise between $1 billion and $1.5 billion… Continue reading Ride-hailing giant Didi to spin off car services unit in up to $1.5b deal
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UPDATE 1-Ford agrees to $299.1 mln U.S. Takata air bag settlement
WASHINGTON (Reuters) – Ford Motor Co (F.N) agreed to a so-called economic loss settlement of $299.1 million covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show. The Ford logo is pictured on the company’s stand during the 88th… Continue reading UPDATE 1-Ford agrees to $299.1 mln U.S. Takata air bag settlement
Ford agrees to $299.1 mln U.S. Takata ‘economic loss’ settlement
WASHINGTON (Reuters) – Ford Motor Co (F.N) agreed to a $299.1 million so-called economic loss settlement covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show. The Ford logo is pictured on the company’s stand during the 88th Geneva… Continue reading Ford agrees to $299.1 mln U.S. Takata ‘economic loss’ settlement
China is Europe in battery production consider
D The first battery cell production for electric cars on German soil is being built in Erfurt, Thuringia. But her owner is not a German automaker. The operator comes from far away China. Contemporary Amperex Technology Co. Limited (CATL) is the name of the company, which is currently emerging as the world leader in the… Continue reading China is Europe in battery production
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Tesla will be profitable by September, says Gene Munster
Loup Ventures’ Gene Munster predicts the embattled automaker will be profitable by September.
Investors betting against Tesla are getting killed but not for the reason you may think: Cramer
Tesla seems to be able to weather negative headline after negative headline without any substantial decline because there are no “real sellers,” CNBC’s Jim Cramer said Thursday.
‘Made in America’ is not a priority for Harley-Davidson riders in Europe, says custom motorcycle builder
Harley-Davidson riders in Europe don’t care whether the iconic American motorcycles are made in the United States, custom motorcycle builder Alan Stulberg told CNBC.
Tesla shares fall after British diver mulls legal action over Elon Musk’s baseless ‘pedo guy’ claim
Tesla’s stock fell Monday after a British diver involved in the mission to save 12 Thai boys and their soccer coach said he is considering legal action against Elon Musk because the company’s boss labeled him “pedo guy.”
Opel has to answer in the diesel scandal
Friday, 07/13/2018 21:16 clock Opel is suspected, according to a media report, to have manipulated exhaust emissions in diesel engines. The Federal Motor Transport Authority (KBA) has, according to a report of ” Picture on Sunday “In recent months, reliable evidence found that the car maker worldwide with 60,000 cars off the exhaust gas while… Continue reading Opel has to answer in the diesel scandal
It is too early for regulation | NHTSA
In a statement, the NHTSA (National Highway Traffic Safety Administration) has declared a regulation premature. In the US, traffic law is in the hands of individual states. A nationwide regulation for dealing with autonomous driving is for the time being failed, Many companies now fear a patchwork of 50 different regulations from 50 different states.… Continue reading It is too early for regulation | NHTSA