Category: Trucking News

With More Self-Driving Tech, Is Tesla Ruining What’s Best About the Model S?

Much of the endless stream of chatter surrounding Tesla lately has centered around topics other than what the company actually sells. There's also much to discuss when dealing with Tesla's financial health. Tesla may not have intended its up-to-seven-person sedan to be a car that makes you want to drag race at every stoplight, but that's exactly what it is.


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Graphic – China’s tariffs on U.S. oil would disrupt $1 billion monthly business

Graphic - China's tariffs on U.S. oil would disrupt $1 billion monthly business

China's threat to impose duties on U.S. oil imports will hit a business that has soared in the last two years, and which is now worth almost $1 billion (753.52 million pounds) per month. In an escalating spat over the United States' trade deficit with most of its major trading partners, including China, U.S. President Donald Trump said last week he was pushing ahead with hefty tariffs on $50 billion of Chinese imports, starting on July 6. China said Friday it would retaliate by slapping duties on several American commodities, including oil.


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Google to invest $550 million in Chinese e-commerce giant JD.com

Google to invest $550 million in Chinese e-commerce giant JD.com

Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com. The two companies described the investment as one piece of a broader partnership that will include the promotion of JD.com products on Google's shopping service. This could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in U.S. and European markets.


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FOCUS-Boeing creates one-stop shop for jets and services in Airbus battle

Boeing has reorganised its sales operations as part of a push into services that has helped it take a lead over rival jet maker Airbus this year. Boeing set up a standalone division in 2017 to build a $50 billion business in services for civil and defence aircraft. Now sales of jetliner services have been brought under the same umbrella as plane sales, headed by senior vice president Ihssane Mounir, Boeing Co's overall commercial sales chief.


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