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Tesla-Hertz Mega Deal to Make EVs Mainstream

The $4.2 billion deal between Hertz Global Holdings Inc. and Tesla Inc. is not just about a 100,000-car purchase. It…

Elon Musk Unveils Tesla’s Latest Vehicle Cybertruck

The CEO of California-based automotive company Tesla, Elon Musk, has launched the company’s latest beast called Cybertruck on Thursday, November…

Lyft’s Big IPO Roadshow to Commence March 18

While the possible initial public offering (IPO) of ride-hailing giant Uber this year is the biggest news for underwriters, banks,…

Nissan X-Trail Plan Scrapped In Britain

Leading car manufacturer Nissan announced that it had scrapped the plans to build the new X-Trail in Britain. The company…

Nissan Decides Against Making New X-Trail Cars in the UK

The uncertainty about Brexit has taken a big toll on businesses in the United Kingdom and in a fresh development,…

Vision Fund to Plough in $1.5 Billion Into Chinese Used Car Trading Platform

SoftBank’s Vision Fund is the world’s biggest private equity fund, and its track record shows that if it invests in…