Daimler seeks 1 billion euros in savings at Mercedes-Benz by slashing jobs

2018 Mercedes-Benz A-Class

Stricter emissions rules are going to hit Daimler’s profits in 2020 and 2021, prompting the German automaker to seek over 1 billion euros ($1.1 billion) in savings from slashing staff expenses at its Mercedes-Benz business by the end of 2022, it stated on Thursday. Daimler shares dropped 2.3% in early trading at 52.17 euros, the […]

Hyundai to make Santa Cruz pickups at Alabama plant as a part of expansion strategy

Images of Hyundai Santa Cruz Pickup Truck

Hyundai Motor is going to start making its Santa Cruz pickup trucks at its U.S. factory in 2021, with an investment of about $410 million, as it looks forward to a foothold in the popular, but highly competitive, sector led by U.S. competitors. The Alabama factory expansion was declared as President Donald Trump is expected […]

Teenager solves car blind spots by using a webcam and projector

blind spots

As every cyclist is aware, the blind spots caused by a car’s roof pillars can be very dangerous. Although companies are doing some work on various high-tech solutions for this issue, a 14-year-old from Pennsylvania has taken a more low-tech approach to come up with an ingenious fix for the issue. Alaina Gassler of West Grove came up with the […]