Boeing [NYSE: BA] and Dubai Aerospace Enterprise (DAE) today announced the aircraft lessor is growing its 737 MAX portfolio with an order for 15 737-8 jets. DAE had been investing in the 737 MAX by buying jets from existing customers and leasing them back to the carriers. The new order is DAE’s first direct 737 MAX purchase from Boeing as it modernizes its portfolio for better economic and environmental performance. Continue reading
Volvo Cars is committed to becoming a leader in the fast-growing premium electric car market and plans to become a fully electric car company by 2030.
By then, the company intends to only sell fully electric cars and phase out any car in its global portfolio with an internal combustion engine, including hybrids. Continue reading
Soriano Motori, an Italian company of modern electric motorcycles, has reinvented the business model of the motorcycle sector, eliminating accumulated inventory, and manufacturing limited edition custom motorcycles for each client. He wants to give users the opportunity to build their own motorcycle and make it virtually unique. Continue reading
July light vehicle sales in Europe provided surprises aplenty, not least in the UK. Without incentives or a scrappage scheme in place, UK sales totalled over *203,000 – a whopping 10.6% ahead of last year. However, the UK market is still expected to be **28-30% down at year end, according to the latest data from GlobalData, a leading data and analytics company. Read more
The Porsche Taycan is celebrating its US premiere at the LA Auto Show on November 20, 2019. The all-electric, four-door sports sedan offers the performance and connectivity expected of a Porsche, with everyday usability. Highly advanced production methods and the Taycan’s capabilities are setting new standards in the fields of sustainability and digitalization. Read More
INTERNET (NOVEMBER 21, 2017) (REUTERS) – Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the personal information of about 57 million accounts of the ride-service provider, the company said on Tuesday (November 22). Continue reading
The peace deal struck by Uber’s board will allow Softbank to make an investment worth up to $10 billion, according to sources. Fred Katayama reports. Continue reading
A British tribunal has upheld a lower body’s decision that Uber drivers are entitled to rights including minimum wage and vacation time. It’s yet another blow to the taxi service as it struggles to survive in its most important European market. Matthew Larotonda reports. Continue reading
Chicago may follow Hawaii in fining pedestrians who use mobile devices while walking. Diane Hodges reports. Continue reading
(UBER) – Uber has struck a deal with NASA to develop software for managing “flying taxi” routes in the air along the lines of ride-hailing services it has pioneered on the ground, the company said on Wednesday (November 8). Continue reading