AeroMobil plans on selling flying cars by 2017
AeroMobil CEO Juraj Vaculik shared some exciting news about the company's upcoming flying car, which is being developed for those who wish to travel...
City investors set to acquire British Car Auctions for £1.2 billion
Britain's largest secondhand car dealer, British Car Auctions (BCA), is set to be acquired by Haversham Holdings (a consortium of the City's largest investors)...
GM buying back $5 billion in shares by the end of 2016
General Motors announced that it will be buying back $5 billion in shares by the end of 2016.
In return, activist investor Harry J. Wilson...
Jaguar Land Rover plans to build first electric car in Austria
Luxury car maker Jaguar Land Rover (JLR), owned by Tata Motors, is set on building its first all-electric vehicle in Austria.
The company is apparently...
US government fining Takata Corp. $14,000 a day
The US federal government said on Friday that it will be fining the Japanese air bag maker Takata Corp. $14,000 a day for failing...
Most brits would travel in a driverless car
Would you sit in a car with no driver and let a computerized artificial intelligence be behind the wheel? 58.56% of Brits said they...
Rolls-Royce is working on a luxury SUV
Rolls-Royce announced that it is going to be making a luxury SUV.
The British automaker said in a statement that it will build "A car...
Sony said to be developing a self-driving vehicle
Sony may be working on a futuristic high-tech vehicle. Reports indicate that it is partnering up with robotics firm ZMP to develop self-driving vehicles.
ZMP...
Apple said to be producing an electric iCar
According to various sources, Apple will be producing a car that will "give Tesla a run for its money".
It may seem like a bit...
Tesla posts Q4 loss of $107.6 million, 2014 loss of $294 million
After trading hours on Wednesday Tesla Motors announced that it lost $107.6 million the fourth quarter (86 cents per share), worse than the $74.7...