Friday 26 August 2016

Tesla wins US antitrust approval to buy SolarCity

Tesla Motors Inc has won US antitrust approval to buy solar panel installer SolarCity Corp, moving closer to its goal of creating a carbon-free energy and transportation company. The Federal Trade Commission said on Thursday that the deal was approved. It was on a list of propose


VW to spend at least $1.2bn to compensate US dealers

Volkswagen has agreed to spend more than $1.2 billion to compensate its 650 US dealers for their losses from the German automaker's diesel emissions scandal, two sources briefed on the matter said on Thursday. The company and a lawyer for VW dealers announced a tentative sett


GM cleared in second verdict over crash blamed on ignition switch

A Texas jury on Thursday said a General Motors Co ignition switch was not to blame for a fatal 2011 crash, according to a statement from the company. The verdict in Harris County, Texas, is the second in favour of GM this year in a lawsuit over a recalled ignition switch that has


Volkswagen reaches deal to compensate US dealers

Volkswagen AG announced on Thursday that it has reached a deal in principle to compensate its 650 US dealers in connection with the German automaker's diesel emissions scandal. The automaker and a lawyer for VW brand dealers announced a tentative settlement at a court hearing


First driverless taxi hits Singapore streets

The first driverless taxi began work on Thursday in a limited public trial on the streets of Singapore. Developer nuTonomy invited a select group of people to download their app and ride for free in its "robo-taxi" in a western Singapore hi-tech business district, hopin


Al Haddad launches Mercedes-Benz promotion

Al Haddad Motors, the sole dealer of Mercedes-Benz in Bahrain, has launched a promotion in which customers can receive cash back on their purchase of new or pre-owned vehicles along with a package that includes service, insurance and registration. Among the vehicles offering thes


Ford to recall 91,000 cars worldwide to fix fuel-pump issue

Ford Motor Co said on Wednesday it was recalling about 91,000 vehicles worldwide to replace faulty fuel-pump parts that could potentially cause a car to stall without warning. Ford said it would replace fuel-pump control modules in about 88,151 vehicles, including certain of its


All-new Harley-Davidson offers more power

The all-new Harley-Davidson Milwaukee-Eight engine, ninth in the lineage of the company’s iconic Big Twin engines, delivers more power and an improved motorcycling experience for riders, a company report said. An all-new design, the Milwaukee-Eight engine offers quicker thr


Mercedes-Benz ME offers Facebook chat bot

Mercedes-Benz Cars Middle East has launched a Facebook Messenger Chatbot that provides quick and easy access to information through question and answer messaging over chat. This makes Mercedes-Benz the first automotive brand globally to go live with Facebook’s Messenger Cha


Lamborghini sees global sales doubling by 2019 post SUV launch

Luxury automaker Lamborghini expects to at least double production to 7,000 vehicles a year by 2019 once it rolls out a new SUV, but it will not lose its focus on making sports cars, chief executive officer Stefano Domenicali said Tuesday. Domenicali told Reuters the company plan

 1 2 > 

calendarCalendar of Events