Europe’s biggest carmakers brace for China’s EV challenge
BMW CEO Oliver Zipse speaks during the presentation of the new BMW “New Class” during an event ahead of the IAA motor show in Munich. Picture Alliance | Picture Alliance …
Transportation
German automaker BMW unveils new EV concept car
German automaker BMW on Saturday launched a hotly anticipated electric concept car, saying the so-called “Vision Neue Klasse” represents the dawn of a new era for the company. BMW’s latest design …
China’s electric carmakers BYD, Xpeng ramp up push overseas
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC …
Walter Isaacson biography of Elon Musk excerpt
The following is adapted from Walter Isaacson’s biography “Elon Musk,” publishing Sept. 12. On a Friday in late August of this year, Elon Musk got into his Model S at …
BMW to use Amazon cloud to build its driverless features for new EVs
BMW revealed the BMW Vision Neue Klasse, a concept electric vehicle that will underpin its foray into battery-powered cars. Arjun Kharpal | CNBC MUNICH — BMW will build its semi-autonomous …
How Brightline is changing passenger rail in the U.S.
When it comes to passenger rail in the the U.S., Americans have one option — Amtrak, which is often plagued with high ticket prices and delays. But one Florida-based company …
Looming UAW strike puts ‘Union Joe’ Biden in a tough position
WASHINGTON — President Joe Biden finds himself in a tough spot between his “Union Joe” persona and his aggressive climate goals as the United Auto Workers prepare to strike. The UAW, …
International travel surges while domestic airfares, hotel rates lag
Women pose for a photo while holding an ice cream at Trevi fountain during hot weather as a heat wave hits Europe in Rome, Italy, July 19, 2022. Guglielmo Mangiapane …
Flexport CEO Ryan Petersen rescinds hiring offers, cuts office space
Ryan Petersen, chief executive officer of Flexport, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 4, 2022. Bloomberg | …
Used vehicle prices may have bottomed for 2023
Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois. Scott Olson | Getty Images DETROIT – Prices of wholesale used vehicles may have …