Automotive

Deepening rivalries test German luxury car dominance

Berlin-based PR executive Herbert Franz should be a soft target for German luxury automakers - his last car was a BMW (BMWG.DE) X3 - but he can't wait to leave them behind.


Boeing says completed key design review for space taxi

Boeing Co (BA.N) has completed a key review of its design for a new commercial venture to fly astronauts to the International Space Station, making it the only one of four rival bidders to finish the NASA work on time, company officials said on Thursday.

Sensata to buy Schrader as Europe adopts tire pressure sensors

Sensors and electrical controls maker Sensata Technologies Holding NV said it would buy Schrader International to meet growing demand for sensors to monitor car-tire pressure.

The Most Luxurious Automobiles of 2014

Forbes revealed the ten most expensive cars in the world. These luxurious vehicles are most likely owned and can be afford by the one percent of the world population.


Latest News

In 2012, a small team of Google Inc engineers and business staffers met with several of the world's largest car makers, to discuss partnerships to build self-driving cars.
Google Inc (GOOGL.O) (GOOG.O), whose Androidsoftware reigns as the world's dominant smartphone operating system, will step up efforts to make inroads into cars, televisions and other devices at its annual developer conference this week, sources familiar with the matter said.
British engineering company Rolls-Royce has signed a memorandum of understanding with Chinese nuclear reactor vendor SNPTC to cooperate on civil nuclear power projects in the UK and other markets.
Vodafone (VOD.L) said on Monday it had agreed to buy an Italian provider of electronics services to the car industry for 145 million euros ($197 million) as part of its strategy to connect millions of devices such as cars and other machines.
Uber Shanghai announced on 10 June an exclusive offer to test drive the brand new Tesla Model S for free.
PSA Peugeot Citroen plans to build its next C3 compact model in Slovakia instead of France, sources close to the French carmaker told Reuters on Thursday.
Google Inc's self-driving car technology likely will not be available for several more years. But the Internet company is already beginning the job of making the public comfortable with the futuristic vehicles.
Tesla Motors quietly secured permits to modify a former Chrysler facility in California and is hiring 32 workers for the said facility, according to a Bloomberg report published last week.
Auburn Hills, US-based powertrain supplier BorWarner bought Esslingen, Germany-based exhaust gas and thermostat producer Gustav Wahler GmbH & Co KG for an undisclosed sum to strengthen its position in the market.
San Francisco, US-based transportation network firm Uber will launch an on-demand courier service in Manhattan, New York tomorrow, according to an exclusive report by VentureBeat.
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