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Car manufacturers Financial and economic news

Christian Transfers – New Tesla Roadster revealed – 250mph and 0-60 in 1.9 seconds

Tesla touts yet another ‘quickest car ever’ – and is already taking deposits Electric car manufacturer Tesla has revealed the first images of its new Roadster model, alongside its long-proposed semi-truck commercial vehicle. A new Roadster has been expected for quite some time, with Tesla CEO and founder Elon Musk having suggested that once the …

Car manufacturers Transport and Logistics

Mercedes eSprinter: electric version of next-generation Sprinter confirmed for 2018-2019

All-new Sprinter e-van to be called eSprinter 1,250kg payload max, scalable battery packs Set to debut in 2018, on sale in 2019 We’re starting to get more details of the forthcoming Mercedes eSprinter electric van, which is set to go on sale in 2019. Then in November 2017, Mercedes announced that the van will be …

Car manufacturers

Volvo Cars to stop developing new diesel engines

BERLIN, May 17 (Reuters) – Swedish carmaker Volvo will not develop any new diesel engines as the cost of reducing emissions of nitrogen oxide is becoming too expensive, Chief Executive Hakan Samuelsson was quoted as saying on Wednesday. “From today’s perspective, we will not develop any more new generation diesel engines,” Samuelsson told German’s Frankfurter …

Financial and economic news

Inside the eccentric, relentless deal-making of Masayoshi Son

Early last year, Cheng Wei, founder and chief executive of the Chinese ride-hailing juggernaut Didi Chuxing, tried to resist taking money from legendary investor Masayoshi Son. Cheng told the SoftBank Group chief he didn’t need the cash because his company had already raised $10 billion, according to people familiar with the matter. Fine, Son said, …