Before the bell: What you need to know before the US market open May 4, 2016 US stock futures are heading south in New York, following most European markets moving downwards in early afternoon trading. Asian markets recorded small losses by their close this morning. A little earlier the S&P was down by 0.64 per cent, while the Nasdaq was off by 0.72 per cent, and the Dow 0.53 per cent [...]
The return of the supersonic brand and designing flights of the future April 26, 2016 The new generation of supersonic planes could defy all design conventions. Concorde may be long retired from the skies but the romance and excitement of supersonic travel lives on, a new age of aviation is now on the horizon. Earlier this month, NASA announced it is developing a range of supersonic ‘X-planes’ that could ultimately lead to [...]
It’s the end of totally pointless road signs on Britain’s roads and it could save millions of pounds April 17, 2016 Drivers rejoice – road signs are about to become a lot less confusing. If you've ever felt that there are simply too many notices on the roads telling you what's what and what to do, that's all about to change. In what many may agree is a win for "common sense", no longer will signs [...]
Is it a boat? Is it a wardrobe? No, it’s Toyota’s latest concept car, the Setsuna April 12, 2016 Forget Tesla and its fancy pants technology – Toyota’s gone back to basics with its latest prototype. Who needs plastic and metal when the natural world provides its very own materials? Yes, wood is the main component of the Setsuna car, which goes on show at the Milan Design Week this week. It has not just [...]
Kerching: Tesla Model 3 pre-orders are now worth $14bn April 7, 2016 People are seriously loving Tesla's newest car. Just a week after the Model 3 was revealed, pre-orders worth $14bn (£9.9bn) have flooded in from eager car fans. That's an impressive 325,000 vehicles – roughly the equivalent of around 32 orders every single minute for the $35,000 electric car. Read more: Here's what you need to know about the Tesla Model [...]
The UK’s car buyers might be beginning to forgive Volkswagen April 6, 2016 Forget this month's Tesla mania. It seems the UK's car buyers finally forgiving and forgetting: after a tough(ish) few months for the marque in the UK, in March sales inched up – but only by a tiny bit. The figures, from the Society of Motor Manufacturers and Traders (SMMT), suggested the brand sold 38,394 vehicles in March, 0.02 [...]
The Tesla Model 3 attracts 276,000 pre-orders in three days, reveals Elon Musk April 3, 2016 Pre-orders of the Tesla Model 3 currently total 276,000, according to the firm's founder and chief executive. Elon Musk unveiled Tesla's “car of the people” on Thursday and has been keeping his Twitter followers up-to-date on its progress. Read more: The Tesla Model 3 has arrived: Here's what you need to know In his latest update, [...]
The Tesla Model 3 has finally been unveiled: Here’s what Elon Musk has told us so far April 1, 2016 After the kind of hype (not to mention queues outside stores) only Apple tends to create, it's finally here: in the wee hours of this morning, Elon Musk unveiled Tesla's "car of the people" – the Model 3. Musk said the car is the "next logical step" of Tesla's "secret master plan" to make the [...]
Elon Musk to unveil new Tesla: Here’s everything you need to know about the Model 3 March 31, 2016 Tesla may be among the coolest marques around at the moment, but with a Model S priced at just shy of £50,000, for the majority of petrol (er, lithium?) heads, the brand has been pretty out of reach thus far. But that's all about to change, with the launch of the Model 3, set to take place [...]
General Motors given the go-ahead to acquire driverless car startup Cruise Automation March 28, 2016 The Federal Trade Commission has green-lighted General Motors' purchase of Cruise Automation, a Silicon Valley startup that makes the technology behind self-driving cars. The FTC and Justice Department has granted the transaction "early termination", or quick antitrust approval. The acquisition of Cruise Automaton – which has only 40 employees – has been reported to be worth over $1bn in [...]