Jia Yueting, the founder of troubled Chinese technology conglomerate LeEco, has been placed on a national list of defaulters after failing to comply with a court order related to unpaid debts, according to Chinese media reports. The news is the latest setback for a business leader who once dreamed of creating a Chinese tech juggernaut… Continue reading LeEco Founder Jia Yueting Placed On Defaulters List After Ignoring Chinese Court Order
Tag: Apple
Fiat Chrysler participates in Alliance for robot cars
Wednesday, 08/16/2017 13:26 clock Fiat Chrysler wants to work with you in the future BMW and the US chip specialist Intel Assistance Systems for self-driving cars develop. The Italian-American concern with brands such as Fiat, Chrysler, Jeep and Alfa Romeo joins for it as the first automaker of the alliance founded last year, as the… Continue reading Fiat Chrysler participates in Alliance for
robot cars
Didi Ponders SoftBank-Led $6B Investment As China’s Ride Share Giant Suffers Volume Declines
China’s Uber equivalent Didi Chuxing is considering whether to take a US$6 billion investment backed by SoftBank Group Corp. – which could be the largest private fundraising for an Internet company anywhere, anytime – as the Chinese ride sharing giant suffers volume declines after regulations were rolled out across the country. SoftBank might be investing… Continue reading Didi Ponders SoftBank-Led $6B Investment As China’s Ride Share Giant Suffers Volume Declines
BMW and Daimler let Apple flash off with iCar
Apple is suffering a setback in its expansion into the car market. According to “Handelsblatt” both BMW and Daimler reject a partnership with the IT giant. BMW headquarters in Munich Thursday, 21.04.2016 10:56 The US company Apple apparently failed with his attempt, along with BMW or Daimler to build a car. Appropriate negotiations are over,… Continue reading BMW and Daimler let Apple flash off with iCar
Fiat Chrysler participates in Alliance for Robot Cars
Fiat Chrysler is the first manufacturer to join the BMW Alliance for self-driving cars. This is growing the alliance against powerful IT rivals from the Silicon Valley. Fiat Chrysler boss Sergio Marchionne Wednesday, 16.08.2017 13:26 clock Fiat Chrysler wants to work with you in the future BMW and the US chip specialist Intel Assistance Systems… Continue reading Fiat Chrysler participates in Alliance for Robot Cars
Poly Group Invests $400M As Part Of Didi’s New Funding Round
Chinese state-owned real estate conglomerate Poly Group has invested US$400 million in Didi Chuxing as the country’s largest ride share company’s latest US$7.3 billion financing round announced last week. Poly, which invested through two vehicles managed by Poly Capital Management, will in turn obtain a 1.45% of Didi Chuxing at a valuation of over US$27.6… Continue reading Poly Group Invests $400M As Part Of Didi’s New Funding Round
Ferrari GTC4 Lusso T 2018 UK review
Last year saw the introduction of the new GTC4 Lusso model, a front-engined, four-seater successor to the previous FF, which was followed by this: the GTC4 Lusso T. We drove it last year on Italian roads in left-hand drive form, but we’re now testing it for the first time in the UK. The GTC4 Lusso… Continue reading Ferrari GTC4 Lusso T 2018 UK review
Alpina D5 S 2018 review
If you like the D5 S, there’s little to rival what it offers. The kicker is that the legendary residual value of Alpina cars is far from certain, given the nature of the powertrain. Putting that to one side, the D5 S costs £62,000, to which you can add £1785 for adaptive dampers with electronically… Continue reading Alpina D5 S 2018 review
Ford EcoSport review
The Ford EcoSport has never been a favourite of ours, but credit where it’s due: the most recent facelift means that it’s more of a threat to rival compact crossovers than before. In particular, that’s thanks to big aesthetic improvements in the cabin brought about by a smart new Fiesta-inspired dashboard. The addition of some… Continue reading Ford EcoSport review
Ford Kuga review
A facelift for the 2017 model year saw the ageing Kuga get a much more distinctive and handsome look, with the larger grille seen on the Ford Edge now sitting on the front of the car, and a new set of head and taillights giving it a more interesting appearance overall. It’s a different story… Continue reading Ford Kuga review