Singapore regulator challenges Uber-Grab merger

Singapore regulator challenges Uber-Grab merger  Financial Times Uber and Grab clash with Singapore watchdog as it threatens fines and a break-up of their merger  CNBC Uber’s Big Plan to Sell Its Southeast Asia Division May Have Just Fallen Apart  Fortune Singapore proposes fines on Grab, Uber, says merger harms competition  Reuters Grab-Uber merger has reduced competition and increased prices,… Continue reading Singapore regulator challenges Uber-Grab merger

Carmakers’ June sales rise 9.9 pct as demand recovers

SEOUL, July 2 (Yonhap) — The combined sales of South Korea’s five carmakers rose 9.9 percent last month from a year earlier due to increased demand from major markets, corporate data showed Monday. The five automakers — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong Motor Co. —… Continue reading Carmakers’ June sales rise 9.9 pct as demand recovers

Mazda Joins Toyota in Condemning Trump’s Car-Tariff Plans

LISTEN TO ARTICLE SHARE THIS ARTICLE Mazda Motor Corp. became the latest auto company to condemn the Trump administration’s plans for potential car import tariffs, saying such duties would hit both the industry as well as U.S. consumers. The Japanese manufacturer said it filed comments on the Commerce Department’s investigation into car-related imports on Thursday,… Continue reading Mazda Joins Toyota in Condemning Trump’s Car-Tariff Plans

First Rwandan-made Volkswagen rolls off assembly line

KIGALI: The first Rwandan-made Volkswagen car rolled off the assembly line on Wednesday at the country’s first auto factory. The small Polo hatchback vehicle was greeted by President Paul Kagame and Volkswagen South Africa boss Thomas Schafer at the $20 million (17 million euros) facility, set up following a December 2016 deal. “Some found it… Continue reading First Rwandan-made Volkswagen rolls off assembly line

Uber safety driver of fatal self-driving crash was watching Hulu, not the road

A safety driver operating an Uber self-driving vehicle looked down at a phone that was streaming The Voice on Hulu 204 times during a 43-minute test drive that ended when pedestrian Elaine Herzberg was struck and killed in Tempe, Arizona, according to a 318-page police report reviewed by TechCrunch. The Tempe Police Department released late… Continue reading Uber safety driver of fatal self-driving crash was watching Hulu, not the road

Arizona Uber driver was ‘streaming The Voice’ moments before fatal crash

An Uber driver in a self-driving car was streaming television until moments before the vehicle hit and killed a pedestrian, according to police. Rafaela Vasquez repeatedly looked down instead of at the road prior to the collision in Tempe, Arizona, a report from the Tempe police department stated. It suggested the driver was distracted and… Continue reading Arizona Uber driver was ‘streaming The Voice’ moments before fatal crash

Daimler expects less profit

Thursday, 06/21/2018 09:52 clock The car company Daimler has reduced its outlook for 2018. As reasons were the trade conflict between the USA and China and the diesel affair called. Daimler expects earnings before interest and taxes (EBIT) to be slightly below the previous year’s level in the current year, the Dax Group announced in… Continue reading Daimler expects less profit