Jaguar Land Rover announced on Tuesday it would reduce its global workforce by 4,500 as part of a cost cutting plan of USD 3.2 Billion. That’s in addition to 1,500...
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Volkswagen to Spend USD 50 Billion Electric and Self Driving Vehicles
Volkswagen said it will plan to spend EUR 44 Billion (USD 50 Billion) to accelerate production and deployment of electric and self driving vehicles. With the new funding, Volkswagen...
The Council of the European Union had agreed to set a regulation for stricter CO2 emission standards for both lighter commercial vehicles and passenger cars. The proposed regulation places...
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Russian Military Intelligence Accused in Series of Cyber Attacks
A joint statement released by Presidents Tusk (of the European Union) and Juncker (of the European Council), as well as High Representative Mogherini (of the Union for Foreign Affairs...
European Union regulators cleared Apple Inc.’s (NASDAQ: AAPL) acquisition of music identification app Shazam on Thursday in a boost for Apple’s Music and Siri segments. The decision comes after...
