Volkswagen is deciding where to establish a new factory in North America for making electric vehicles for the U.S. market, the German automaker’s new head for the Americas stated on …
Silicon Valley
- Daimler
Daimler, Bosch to bring self-driving taxis in California test program
by SpeedLuxby SpeedLuxGerman automaker Daimler AG and auto supplier Bosch Corp are going to deploy self-driving taxis in California’s Silicon Valley region in 2019 as part of a test program of vehicles …
Tesla Inc will be profitable in the third and fourth quarters of 2018 and will not have to raise any finance from investors, company’s CEO Elon Musk stated on Friday, …
Alphabet Inc CEO Larry Page stated that the holding corporate structure for search system Google and a host of new businesses has been successful in developing more transparency for investors. …
- General MotorsTesla
Tesla surpasses General Motors to become most valuable U.S. automaker
by SpeedLuxby SpeedLuxIt’s the first time in the modern era, that the most valuable U.S. automaker is not based in Detroit. Silicon Valley’s Tesla Inc surpassed General Motors on Monday to become …
- American
Elaine Chao: Trump administration examining self-driving car guidance
by SpeedLuxby SpeedLuxU.S. Transport Secretary Elaine Chao stated on Sunday she was examining self-driving vehicle guidance released by the Obama administration and advised companies to discuss the benefits of automated vehicles to …
Mercedes-Benz maker Daimler is welcoming Silicon Valley management techniques in a drive to speed up decision making, empower personnel and ward off brand-new competitors such as electric automaker Tesla Motors. …
Elon Musk’s Tesla electrical automobile business has made an offer to purchase Musk’s solar energy business, SolarCity, for as much as $2.8 billion in stock in an effort to create …
Coming from Silicon Valley autonomous automobile designer called Zoox stated the secretive startup raised a fresh round of capital valuing it at more than $1 billion, roughly equal to a …

