Stories Tagged as
Automobile industry
Automakers and tech companies fight over smart cars
by
Jed Kim
Mar 14, 2017
Intel announced this week it’s acquiring the Israeli company Mobileye for about $15 billion. The merger is part of the tech giant’s bid to become a leader in developing self-driving vehicles. The convergence of automobiles and technology is making for some interesting deal making, and the ones that stand to gain right now just may […]
GM pulls out of Europe as profits elude
Mar 6, 2017
General Motors is out — of Europe, that is. The carmaker is selling its two European car brands Vauxhall and Opel to a French carmaker called PSA Group, which owns Peugeot and Citroen. GM is selling its European brands for $2 billion and is agreeing to be on the hook for $4 billion in pensions […]
Just how much will that VW recall cost?
by
Noel King
Oct 7, 2015
$7.3 billion apparently won't be enough for the recall that may start in January.
These 6 charts show our love affair with cars could be over
by
Scott Tong
Dec 19, 2014
With gas prices down, we're tilting toward bigger cars but still driving less.