HANGZHOU, China, Sept 2 (Reuters) – “Do you know how big Volvo is?” asked Don Leclair, finance chief at Ford Motor Co.(F.N). It was 2008, and Leclair was responding to an offer from a little-known Chinese businessman to purchase the Swedish carmaker, which Ford owned. The businessman, Li Shufu, had a company with less than… Continue reading Autos & Transportation · 12:58 PM UTCSpecial Report: How the Chinese tycoon driving Volvo plans to tackle Tesla”Do you know how big Volvo is?” asked D…
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Subaru Announces Pricing On Refreshed 2022 Forester SUV
The 2022 Forester will be offered in six trim levels when it arrives at Subaru retailers in October: Base, Premium, Sport, all-new Wilderness, Limited, and Touring. For 2022, Forester is the latest model to join the adventure-ready Wilderness family. The new rugged trim level combines Subaru’s renowned Symmetrical All-Wheel Drive with a specially revised drivetrain,… Continue reading Subaru Announces Pricing On Refreshed 2022 Forester SUV
How the Chinese tycoon driving Volvo plans to tackle Tesla
The businessman, Li Shufu, had a company with less than half Volvo’s sales and a flagship model, King Kong, almost unknown outside China. He was politely shown the door of the “Glass House,” Ford’s iconic headquarters near Detroit, according to two people who were at the meeting. Ford’s Leclair did not respond to requests for… Continue reading How the Chinese tycoon driving Volvo plans to tackle Tesla
Apple will allow some media apps to link outside the App Store for payments
Apple has been taking a lot of flak lately over the 30 percent cut it takes from app developers. Starting next year, though, certain developers will be able to avoid paying the tech giant a commission. The company has announced that it will update the App Store in early 2022 to allow developers of “reader”… Continue reading Apple will allow some media apps to link outside the App Store for payments
Technology · 2:57 AM UTCApple loosens App Store payment rules for Netflix, others in deal with JapanApple Inc said on Wednesday it would loosen rules …
SAN FRANCISCO, Sept 1 (Reuters) – Apple Inc (AAPL.O) said on Wednesday it would loosen rules on its App Store that have banned companies such as Netflix Inc (NFLX.O) from providing customers a link to create a paid account to bypass Apple’s in-app purchase commissions. It is the second concession to regulators and companies in… Continue reading Technology · 2:57 AM UTCApple loosens App Store payment rules for Netflix, others in deal with JapanApple Inc said on Wednesday it would loosen rules …
Indian car rental giant drives full speed into Southeast Asia
A new competitor enters Southeast Asia’s heated car-sharing space and the company that’s handing out Apple stock Go to Source
HERE location platform ranked #1 by industry analysts at Omdia
Index highlights HERE data and HD map usage in driver assistance, connected and automated vehicle systems Omdia points to HERE private mapping services and growth of HERE Marketplace Amsterdam – HERE Technologies, the global location data and technology company, today announced it has been ranked as the number one location platform by industry analyst firm… Continue reading HERE location platform ranked #1 by industry analysts at Omdia
South Korea passes bill to curb Google, Apple dominance in payments
South Korea‘s parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases. It is the first such curb by a major economy on the likes of Apple Inc and Alphabet Inc’s… Continue reading South Korea passes bill to curb Google, Apple dominance in payments
Isuzu and Arctic Trucks reveal hardcore D-Max AT35
Isuzu has joined forces with Arctic Trucks to deliver the latest D-Max AT35, based on the new D-Max. Set to go on sale 14 February 2022 the hardcore pick-up truck features a strengthened chassis and Arctic Trucks’ Bilstein performance suspension set-up, which includes bespoke springs and dampers at the front, an adjustable anti-roll bar and extended shackles… Continue reading Isuzu and Arctic Trucks reveal hardcore D-Max AT35
Nio slumps over Q3 deliveries cut, Xpeng falls on manufacturing shift
Nio shares fell on Tuesday after the company cut its Q3 delivery outlook. Meanwhile, Xpeng shares dive despite August deliveries nearly tripling in 2021. Yahoo Finance’s Myles Udland and Brian Sozzi share the details. Video Transcript – All right. Let’s talk about some news here, Sozzi. And I know you’ve had your eyes on Chinese… Continue reading Nio slumps over Q3 deliveries cut, Xpeng falls on manufacturing shift