Hints and tips:
...Ford’s F-150 Lightning electric truck starts from $42,000, while General Motors has launched an electric Hummer, which starts from $80,000 and weighs almost five tons....
...Ford and General Motors have vowed separately to spend between $30bn and $35bn to develop new EVs. Each has unveiled a suite of new models....
...But on Wednesday, Stellantis announced a deal to sell its own electric Ram ProMaster vans to the online shopping company from 2023....
...to start: rail group Canadian Pacific is set to present a new, higher offer to buy Kansas City Southern, worth about $31bn, including debt, in a move that is set to revive the takeover battle for the US freight...
...Uber has already structured its freight booking unit as a standalone business in which it owns a majority stake....
...Other cities have created freight corridors which force big trucks down certain highways to distribution centres on the outskirts. Some have established consolidation centres....
...After all, the coronavirus crisis continues to take a battering ram to the automotive industry....
...General Motors and Ford, whose trucks generate a large portion of their profits, will maintain their hold over the US truck market....
...Ford is experimenting with autonomous postal services, while General Motors through its Cruise unit is also planning to launch a public robo-taxi service....
...not just Uber’s core ride-hailing operations but also its stakes in China’s Didi Chuxing, Russia’s Yandex and Singapore’s Grab, as well as its other growing lines of business, including food delivery and freight...
...Other top shareholders General Motors, Fidelity and venture capital firm Andreessen Horowitz will each own stakes worth more than $1bn. Alphabet’s holding will be worth $924m....
...It offers rides in dozens of countries and has expanded into food delivery, freight, autonomous cars, flying taxis, bikes and scooters....
...With big tech and auto companies hoping to launch robotaxi fleets of their own — including Tesla, the Alphabet subsidiary Waymo and General Motors — prices are likely to fall quickly, says Mr Price....
...In a bit of good news for Korea Inc, there have been signs of a thaw. Additional reporting by Kang Buseong...
...As well as targeting traditional diesel trucks, Tesla is looking to disrupt rail freight, too....
...Pick-ups and SUVs eclipse electric cars at Detroit show A chill wind blew through the motor industry this week at the Detroit motor show, writes Peter Campbell in Detroit....
...The bigger push was to partner with lenders such as Tata Motors Finance, Toyota Financial Services, Mahindra Finance and AU Auto Finance, to extend car loans to would-be drivers, including many who might...
...Fiat Chrysler, which owns the Jeep, Ram, Maserati and Alfa Romeo brands, reported North American profits were down fractionally at €1.2bn, with revenues 4 per cent lower at €17bn....
...More than 100 design leaders, including Lord Norman Foster, Sir Paul Smith, Sir Terence Conran, Calvin Klein and Dieter Rams, have joined Apple’s side as the long-running patent case is considered by the...
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...making it possible for pods carrying people or freight to move at close to the speed of sound....
...Our campaign starts when the NFL season starts,” says Ram Krishnan, chief marketing officer at PepsiCo’s Frito-Lay, maker of Doritos and other snacks....
...Mr Marchionne has made plain his preference for a merger with GM because of synergies between the Detroit carmaker’s products and Fiat Chrysler’s Jeep and Ram truck brands....
...Simon Greaves EARNINGS AstraZeneca Q3 $1.02 ($1.05) Toyota Motor Q2 Y201.82 (Y170.65) Walt Disney FY $5.09 ($4.32) An industry on its metal The impact of the collapse in steel prices on the world’s...
...Last November, it unveiled a pilot customs transit system in Malaysia, Singapore and Thailand to harmonise procedures for road freight....
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