The Ford Motor Company has been dealt a blow by credit rating agency Moody’s Investors Service, which has cut the carmaker’s credit rating to junk on doubts that a turnaround plan by chief executive Jim Hackett will generate earnings and cash quickly enough.
Wed, 11 Sep, 2019
It’s one of the biggest bets going in the world of cars: Since May, General Motors (GM) and its Cruise self-driving car unit have landed €4.35bn in investment commitments from Japan’s SoftBank and Honda Motor to develop a robot taxi service that could safely navigate the city streets of San Francisco by the end of next year - putting it ahead Alphabet’s Waymo self-driving car unit, Uber and Lyft.
Thu, 25 Oct, 2018
The Arla dairy co-op says it wants up to one billion kg/litres of extra milk over the next year from cows getting feed free from genetic modification, and expects to be able to pay an extra 1c per kg of milk produced.
Thu, 09 Jun, 2016
Thu, 07 Jan, 2016
As cars increasingly resemble digital devices, a group of technology firms that can send wireless software updates to cars are in hot demand by carmakers scrambling to catch up to Tesla in the arena of over-the-air updates, or OTAs.
Sat, 03 Oct, 2015
I know your man Baz Ashmawy has that whole 50 Ways to Kill Your Mammy thing all sewn up with his poor – but game, it has to be said – mother Nancy being asked to undertake all sorts of hazardous adventures for the benefit of television viewers and having the gizzard frightened out of her on the altar of entertainment.
Sat, 03 Oct, 2015
Archived notes of presentations made to senior executives in the ’70s and early ’80s establish beyond reasonable doubt that Exxon were ahead of the posse, when it came to having an undertanding of climate change,
Mon, 21 Sep, 2015
WE SHOULD count ourselves lucky that Opel is still with us at all. Over the last decade a number of scenarios were proposed during discussions about the future of Opel’s parent, General Motors; one of those was the closure of the European arm.
Sat, 18 Apr, 2015
As a motoring hack — or, indeed, a critic of any kind — it is always a tad worrying when you are complimented for being too kind to any given subject. In my case, it gets very worrying indeed when car company executives pally-up to tell you that you’ve really been too kind to their brand in recent times.
Sat, 10 Jan, 2015