Articles Tagged with "AI"

Tesla to raise $1.6 billion to build battery factory

Tesla Motors Inc (TSLA.O) said on Wednesday it plans to raise $1.6 billion from investors to finance a new battery factory that will help the upstart U.S. automaker reach its goal of producing a lower-priced, mass-market electric car by 2017.

Feb. 28 , 2014
VW recalls almost 600,000 Caddy vans on tailgate malfunction

German carmaker Volkswagen (VOWG_p.DE) said on Wednesday it is recalling 589,000 Caddy small delivery vans globally to fix a condition that may cause an open tailgate to snap shut.

Feb. 27 , 2014
Jaguar, aided by 3 villains, ready to challenge

Americans like puppies, Bob Dylan and even angel wings, as shown by the response to this year's Super Bowl commercials. But they also like villains -- so much that Jaguar has decided to post a two-minute director's cut of the 60-second "Rendezvous" commercial it aired during the Super Bowl.

Feb. 24 , 2014
GM's new chairman not afraid to make unpopular calls

General Motors Co's (GM.N) new Chairman Theodore "Tim" Solso is not afraid to make edgy and sometimes unpopular decisions, a trait that could come in handy as the No. 1 U.S. automaker seeks to further reinvent itself under new Chief Executive Mary Barra.

Feb. 12 , 2014
After two-year pause, Hyundai Motor poised to add new capacity

Two years ago, Hyundai Motor Co's (005380.KS) 75-year-old chairman Chung Mong-koo called a halt to capacity expansion, worried the South Korean group risked running into the kind of quality issues that dogged Japanese rival Toyota Motor Corp (7203.T) when it grew too aggressively in the 2000s.

Feb. 12 , 2014
The Partner of Tesla Remains to be a Puzzle

The new of Maske planning to build a factory in China in 2015 motivate different guesses in capital market about the partner of Tesla in China. Several insiders said the only way which must be passed to realize localization in China for Tesla is to cooperate with Chinese industry chain enterprises.

Feb. 12 , 2014