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BUSINESS

GM's Cruise Seeks Regulatory OK to Test Shuttle With No Steering Wheel

Business, Published on 03/12/2022

» General Motors Co.'s driverless-car unit has requested approval from California regulators to begin public testing of a shuttle that has no steering wheel or manual controls, showing the auto maker's determination to make progress on autonomous vehicles as rivals step back.

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BUSINESS

Luxury Car Makers Drive Formula One to Survive

Business, Published on 27/06/2022

» Formula One motor racing might be just the kind of noisy marketing tool luxury car makers need in the hush of the electric era.

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BUSINESS

Volvo Cars Announces IPO Plan That Could Value It at $25 Billion

Business, Published on 06/10/2021

» Volvo Cars, the Swedish auto maker owned by China's Zhejiang Geely Holding Group, said Monday it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.

BUSINESS

Musk Says He Once Approached Apple CEO About Buying Tesla

Business, Published on 24/12/2020

» Tesla Inc.'s effort to bring out its Model 3 brought the electric car company near collapse in 2018. Now Chief Executive Elon Musk has divulged a new twist: He says he contacted his Apple Inc. counterpart, Tim Cook, to save his company.

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BUSINESS

Volvo's Polestar joins electric car race with rival to Tesla 3

Business, Published on 01/03/2019

» STOCKHOLM: Volvo Cars' luxury performance brand Polestar unveiled its first fully electric sedan on Wednesday, opening up online pre-orders for the five-seater fastback at a price and with a driving range to rival Tesla Inc's mass market Model 3.

BUSINESS

Volkswagen's monkeys

Business, Published on 07/02/2018

» Late last month, the New York Times reported that researchers used monkeys to test the effects of inhaling diesel fumes from a Volkswagen. The research was commissioned by the European Research Group on Environment and Health in the Transport Sector, an organisation funded entirely by three big German car manufacturers: Volkswagen, Daimler and BMW.