Tag Archives: Industry

Report: Former Porsche R&D chief arrested in connection to diesel scandal

Former Porsche R&D chief Wolfgang Hatz who stepped down in the wake of the diesel scandal afflicting the Volkswagen Group has been arrested in Germany as part of an investigation into the scandal by local prosecutors, a person familiar with the matter told Reuters on Thursday. German business daily Handelsblatt first reported the arrest and Sueddeutsche...

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California could introduce its own ban on internal combustion engine cars

The state of California is, and has been, a staunch supporter of electric cars and tight regulations aimed at curbing car emissions in order to reduce pollution. Most of its programs and initiatives have supported the sale of electrified cars in general, but the state may take a much bigger, more worrying step. California Governor Jerry Brown has expressed...

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Ford and Lyft partner on self-driving cars

Ford has partnered with ride-sharing company Lyft to help accelerate the rollout of a fully self-driving taxi service. It's a goal a number of firms spanning the automotive, ride-share and tech industries are chasing, and this has led to several partnerships like the one between Ford and Lyft. In fact, Lyft has been working closely with General Motors...

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Vacuum company Dyson plans electric car by 2020

British household appliance firm Dyson's claim to fame may be a bagless vacuum cleaner, but in the not too distant future we may also associate the company with cars. In an email sent to Dyson employees on Tuesday, founder and chief engineer James Dyson confirmed plans for an electric car to be launched by 2020—something he's been hinting...

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Volvo to build next-gen XC90 in US starting from 2021

Volvo on Monday confirmed it will add XC90 production to its new plant being constructed just outside of Charleston, South Carolina. The first model to be produced at the plant which becomes operational in the fall of 2018 will be the next-generation S60. XC90 production will start in 2021. By then, Volvo will have introduced a next-generation version of...

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Could Elon Musk’s Tesla take on 7-Eleven next?

Charging an electric car isn't exactly the same as stopping at a local fuel station to fill up in a matter of minutes. In fact, owners of electric vehicles often wait for 20 to 30 minutes while their car charges. Tesla may be interested in making the wait time at its Supercharger stations a tad more bearable and is reportedly mulling over the addition of...

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Why Care by Volvo could revolutionize car ownership

Automakers go to great lengths to make their cars stand out but surprisingly they do very little to make the actual ownership experience pleasant. Typically, it's the exclusive responsibility of the dealership or third-party firms to look after the customer. Volvo is introducing a new model, one that could potentially revolutionize the car ownership...

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What goes up must come down: classic car values dipped in 2016

For the past few years, some of the most solid investments a person could make were in classic cars. From 2012 onward, the value of vintage models has skyrocketed to heights the market has never seen before. But, nothing lasts forever. The most recent report on the state of collectible items shows classic car values have (finally) dipped. Coutts Bank showed...

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Ford taps Mahindra for Indian expansion

India is often touted as the next China but apart from a similar population, currently at well over a billion people, there isn't much else to compare. China has invested heavily in infrastructure and manufacturing over the past few decades, and this in turn has attracted plenty of foreign investment and helped build up a sizable middle class keen on...

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