Ford Motor is planning to cut up to 8,000 jobs in the near future in a bid to decrease costs and intensify its focus on electric vehicles, according to Bloomberg …
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Bloomberg
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Elon Musk has become the world’s richest person after surpassing Amazon.com’s founder Jeff Bezos. This may have seemed unbelievable about one year ago, but it was almost inevitable by the …
- Tesla
Bill Gates says electric cars are ‘far easier’ than other climate change technology
by SpeedLuxby SpeedLuxMicrosoft co-founder Bill Gates doesn’t think it’s fair to refer to Tesla CEO Elon Musk as “the next Steve Jobs,” the billionaire philanthropist said during an interview on Bloomberg TV. …
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The United States may not need to put tariffs on imported automobiles later this month after holding “good conversations” with automakers in the European Union, Japan and Korea, U.S. Commerce …
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Daimler AG has boosted the prospect of increasing its stake in a joint venture with Chinese partner BAIC Motor, Bloomberg reported on Tuesday, mentioning people knowledgeable with the matter. Daimler …
- Google
Huge salaries reportedly led staffers to leave Alphabet’s car project
by SpeedLuxby SpeedLuxThe vehicle project at Google-parent Alphabet paid some workers a lot that they developed a nest egg and dropped the company, according to a report by Bloomberg. Some veteran staffers …
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BMW AG’s profit downed 2.5 percent in the first quarter as vehicle prices dropped while continuing battle with Mercedes-Benz to keep its status as the world’s biggest developer of luxury …