Business

Daimler says to pay 870 mn euro fine over diesel recalls

German car giant Daimler said Tuesday it will not contest an order from Stuttgart prosecutors to pay an 870 million euro ($957 million) fine over hundreds of thousands of diesel vehicles that breached emissions rules.

Automotive

Somebody's watching you: The surveillance of self-driving cars

Picture the future, where driving is a thing of the past. You can hop in your car or one from a ride-share, buckle up and tell the car where you want to go. During your ride, you can check your email and look up a few things ...

Business

Biden lands another big Taiwan chip investment

The Taiwan chip giant TSMC has agreed to build a third semiconductor factory in Arizona, raising its total investment in the United States to $65 billion, US officials said Monday.

Automotive

GM bets on e-vehicles with $1.4 bn investment in Brazil

General Motors said Wednesday it will invest seven billion reais (more than $1.4 billion) in Brazil in the next five years to develop electric vehicle production in Latin America's biggest economy.

Automotive

Sixt to buy up to 250,000 Stellantis cars

German car rental group Sixt said Tuesday it has agreed to buy up to 250,000 cars from automaker Stellantis in a "multi-billion euro" deal that includes electric vehicles.

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