Mexican Media Brands
Tesla Drops Plan to Go Private
8/24/2018Tesla Inc. CEO Elon Musk and the company’s board announced late tonight that they have decided against privatizing the electric car company.
Report: Japan Plots Takeoff for Flying Taxis
8/24/2018The Japanese government is launching a consortium to help develop and commercialize flying taxis, Bloomberg News reports.
BMW Faces 2,000+ Lawsuits Over Fires in S. Korea
8/24/2018More than 2,000 BMW owners in South Korea have sued the company and its distributor over a spate of alarming car fires this year, The Korea Herald reports.
Fed Affirms Plan to Raise Interest Rates Slowly
8/24/2018Federal Reserve Chairman Jerome Powell affirms that the central bank plans to continue raising its overnight lending rates cautiously.
Audi Revs Up Electric Supercar Concept
8/24/2018Audi AG describes its all-electric PB18 e-tron concept car as a vision of a “high-performance supercar” of the future.
Volvo to Build Tech Training Center Near U.S. Plant
8/24/2018Volvo Car Corp. will begin construction later this year of a technician training center near its new $1.1 billion assembly plant in Ridgeville, S.C.
The AK-47 of EVs?
8/24/2018Russian firearms maker Kalashnikov Group, best known for its AK-47 assault rifles, unveiled a retro-styled electric car this week at a Moscow weapons show.
Waymo Steers To China
8/24/2018Alphabet Inc.’s Waymo self-driving car unit has opened a subsidiary in China, according to multiple media reports.
Force Motors to Buy MAN Truck Plant in India
8/24/2018India’s Force Motors Ltd. has agreed to buy a heavy-duty commercial vehicle plant in Pithampur from former joint venture partner MAN Truck & Bus AG.
Jaguar Charges Up Classic E-Type
8/24/2018Following the popularity of last year’s E-Type Zero electric concept car, Jaguar Land Rover Ltd. plans to beginning selling similarly retrofitted all-electric versions of its classic E-Type roadster in mid-2020.