Tesla shed about $80-billion of its market value on Tuesday, an amount that overshadows the combined value of General Motors and Ford, after its surprise exclusion from the S&P 500 Index.
Browsing: Motoring and transport
Volkswagen’s new electric car panned by Germany’s leading test publication. Auto Motor und Sport said the ID.3 fell short of the car maker’s usual standards of fit and finish, and had a limited operating range,
General Motors took a US$2-billion equity stake in Nikola and partnered with the truck maker to engineer and manufacture its Badger bakkie, sending its shares soaring in early trading.
Headrest canopies and fabric barriers between seats could start appearing in aeroplane cabins as the embattled industry tries to ward off the coronavirus.
Volkswagen-owned car maker Audi will launch its Audi Connect technology in South Africa this year with the introduction of the new A4 sedan next month.
For decades, the Mercedes S-Class has defined the gold standard in luxury sedans. But as consumers gravitate toward SUVs and electric cars define cutting-edge technology, Daimler must prove its flagship remains relevant.
Tesla shares continued their meteoric rise on Thursday, scoring yet another record high and further expanding the distance between the Silicon Valley electric car maker and its traditional auto industry rivals.
Tesla CEO Elon Musk has suggested the electric car maker may be able to mass produce longer-life batteries with 50% more energy density in three to four years.
Government is assessing the planned multibillion-rand expansion of the Gautrain in terms of its new infrastructure development methodology and is in the process of engaging with stakeholders about the project.
Online shopping was on an upward trajectory long before the Covid-19 pandemic and enforced national lockdown. Despite efforts by some dealerships to sell cars this way, it’s not really feasible. By Mark Dommisse.