CT6 Plug-in (2018) Get more info More 72 Scores Engadget 72 Critic Not yet scored Users Not yet scored Key Specs From $0.00 Buy Now More and more luxury automobile owners want to go green. Sure there’s a chance they’re looking to save a few bucks on gas, but you rarely find… Continue reading Cadillac goes green with the CT6 Plug-In hybrid
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Icahn to sell Federal-Mogul to Tenneco for $5.4 billion
(Reuters) – Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc (TEN.N) in a $5.4 billion deal, unloading an investment he has held for nearly two decades and picking up a new stake in Tenneco. Tenneco plans to separate into two independent, publicly traded companies – one… Continue reading Icahn to sell Federal-Mogul to Tenneco for $5.4 billion
Bosch Disbands Internal Battery Cell Research, Will Sell Solid-State Startup Seeo
But this is not the way to go for Bosch. Seeo is to be sold, while the Lithium Energy and Power GmbH & Co. KG (LEAP) joint venture dissolved. Bosch’s reasoning is too high economic risks as initial investment alone would be some 20 billion euros to build a 200 GWh production facility for some… Continue reading Bosch Disbands Internal Battery Cell Research, Will Sell Solid-State Startup Seeo
Uber suffers further setback from Europe’s top court
This isn’t really surprising if you’ve been following Uber’s legal woes. But the Court of Justice of the European Union has confirmed to Uber France that Uber is operating a transportation company. Member countries can prohibit or punish Uber in their own countries without involving the European Union. Over the past few years, Uber has… Continue reading Uber suffers further setback from Europe’s top court
Tesla deploying Powerpacks at a BP wind farm
Tesla’s energy division has been on a roll lately and it has now secured another Powerpack project – this time at a wind farm operated by BP’s wind energy division in South Dakota. Home Solar Power In a press release today, BP Wind Energy confirmed that they have entered into a purchase agreement with Tesla to install… Continue reading Tesla deploying Powerpacks at a BP wind farm
BP teams up with Tesla to venture into battery storage for windfarm
LONDON (Reuters) – BP has teamed up with Tesla to build its first battery storage project at one of its U.S. windfarms as part of a strategy to expand its renewable energy business, the energy group said on Tuesday. FILE PHOTO: The logo of BP is on display at a petrol station in Moscow, Russia,… Continue reading BP teams up with Tesla to venture into battery storage for windfarm
NEWSMAKER-Cost-cutter Diess seen driving change as Volkswagen CEO
FRANKFURT, April 10 (Reuters) – Loved by investors and prepared to take on trade unions, Volkswagen brand boss Herbert Diess is likely to finally get his chance to lead Germany’s biggest carmaker which is expected to change faster under his cost-cutting style. Diess is known for squeezing more savings out of suppliers than fellow managers… Continue reading NEWSMAKER-Cost-cutter Diess seen driving change as Volkswagen CEO
China’s President Xi Jinping offers U.S. possible trade concessions
Chinese President Xi Jinping reviews an honor guard during a welcome ceremony at the Great Hall of the People in Beijing. (Photo: Mark Schiefelbein, AP) BEIJING – President Xi Jinping promised Tuesday to cut China’s auto tariffs and improve intellectual property protection in possible concessions aimed at defusing a worsening dispute with Washington over trade… Continue reading China’s President Xi Jinping offers U.S. possible trade concessions
Ford really wants to succeed in India: Here's why
Pankaj Radhe, Special to the Free Press Published 6:00 a.m. ET April 6, 2018 | Updated 9:55 a.m. ET April 6, 2018 From left to right: Jim Farley, Ford executive vice president and president of Global Markets, Peter Fleet, Group vice president & president, Ford Asia Pacific with Rajan Wadhera, president, automotive sector and Pawan… Continue reading Ford really wants to succeed in India: Here's why
Ford Debuts More Upscale Focus to Trade Sales for Richer Margins
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