This strategic move, agreed by its powerful labour unions, will significantly boost its profitability, help it put dieselgate-related costs behind and more importantly, place it as a strong competitor in tomorrow’s burgeoning market of electric vehicles. As per a source… Read More ›
This is in response to Beijing pushing auto manufacturers to sell low-emission cars vide friendly regulations and incentives. Toyota Motor Corp has disclosed that it is in the process of testing its Mirai fuel-cell vehicle in China. As per Hiroji… Read More ›
Hackers were able to access Three’s upgrade database. The country’s data protection regulator had earlier fined the TalkTalk Telecom Group Plc with $496,200 for failing to secure handsets. One of Britain’s biggest mobile phone companies has been hacked. The Telegraph… Read More ›
Since 22 years, under NAFTA, the auto industry and their suppliers have worked as if there were no borders between Canada, U.S. and Mexico. If Donald Trump revisits the agreement and if Canadian manufacturers and exporters prioritize the U.S. over… Read More ›
New Age Vehicles (NEVs) automakers are being wooed by China as it tries to mitigate pollution from gas guzzling traditions vehicles. Armed with incentives and friendly regulations, Beijing has applied it 2 child policy on automakers restricting their local footprint… Read More ›
Discounting fears that the sale of its diesel cars will not hit levels before the emission scandal, Audi opines that there could still be a place for a diesel model in its product mix in the United States, since after… Read More ›
While the contents of the memo have been leaked showing a government at odds with itself vis-à-vis Brexit, it would be prudent to be on guard, since this could be part of an overall strategy to make EU negotiators feel… Read More ›
Siemens expect the deal to lift its EPS within 3 years of this merger. Within 4 years of the closure of this acquisition, Siemens expects its EBIT to jump by $108 million. In a strategic move aimed at strengthening its… Read More ›
It is expected to match if not exceed amenities provided by Tesla’s Model X. The Jaguar is after all a symbol of class. Southern California is certainly not new to tech offerings, but a battery-powered Jaguar SUV is certainly a… Read More ›
With Donald Trump in the U.S., Britain could cozy up to the U.S. once it triggers Brexit negotiations. Following the surprising win of Donald Trump, the USD has climbed to its 9 month high against a basket of major currencies…. Read More ›
