South Africa is proposing automakers including Toyota, Ford and BMW more than double production in return for tax breaks so generous that the companies can ship the cars all the way to Europe. The car industry
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On Tuesday, during a routine earnings call, Harley-Davidson announced it will produce an all-electric motorcycle. The announcement accompanied news of additional job cuts and a plant closure at the
BMW is targeting another ambitious hike in plug-in hybrid and battery car sales next year to defend its position in the electric-car shift as competitors like Volkswagen ready their own battery line-ups. The planned increase to about
Here are two facts that defy logic: by the end of the year, electric car maker Tesla will have burned through more than US$10bn without ever having made 10c. Yet companies around the world are lining up to compete
The smooth and silent experience that comes with driving an electric vehicle is quite contrary to the progress South Africa has made in effectively implementing appropriate infrastructure to support vehicle
Volvo is phasing out cars that rely on combustion engines, with every new model launched from 2019 to have an electric motor, as the shift away from the technology that’s dominated the auto industry for more than a century gathers pace. Promising the
After years toiling away in secret on its car project, Apple CEO Tim Cook has for the first time laid out exactly what the company is up to in the automotive market: it’s concentrating on self-driving technology. “We’re focusing on autonomous
Tesla stock is the new ultimate driving machine. Shares of Elon Musk’s electric-car maker climbed 1,4% as of 11.10am Friday, boosting its market capitalisation to US$61,6bn, about $280m more than BMW. Tesla now ranks as the
BMW is plotting the revival of a high-end coupé to claw back market share lost to arch-rival Mercedes, part of a model blitz that BMW is billing as the biggest in its history. The sporty 8-Series two-door car is set to hit dealerships next
The Democratic Alliance has accused the ministry of communications of planning to spend millions of rand on new luxury vehicles, despite having two relatively new high-end vehicles already at its disposal. DA spokeswoman on