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NEW YORK, United States (AFP)–Tesla Motors announced a bid Tuesday to acquire SolarCity and position the electric carmaker as a leader across the clean energy sphere. Under the all-stock deal, Tesla offered SolarCity between $26.50 and $28.50 a share, depending on a volume-weighted five-day average price of Tesla shares. SolarCity has a market capitalization of $2.1 billion and the Tesla offer amounts to about $2.7 billion. “We would be the world’s only vertically integrated energy company […]
by Frankie TAGGART LOS ANGELES, United States (AFP) — The car that fatally crushed “Star Trek” actor Anton Yelchin had been under recall over fears that it could roll off without warning, it emerged on Monday. Friends discovered the Russian-born actor pinned against a brick mailbox pillar and security fence at his California home by his Jeep Grand Cherokee in the early hours of Sunday. Investigators said the actor, who was just 27, had momentarily […]
LE MANS, France (AFP)–Switzerland’s Neel Jani, behind the wheel of a Porsche 919 Hybrid, stayed on pole position for the Le Mans 24 Hour Race on Thursday when the third qualifying session was red-flagged due to heavy rain. As a result of the conditions, most of the 60 cars taking part were unable to improve on their times set on Wednesday night. The last section of qualifying is due to take place later Thursday but with […]
LOS ANGELES, United States (AFP)–The IndyCar race at Texas Motor Speedway in Forth Worth was cancelled on Sunday after heavy rain halted the event after 71 laps, organizers said. The race — which had been postponed on Saturday because of torrential rain — will be completed on August 27, IndyCar chiefs confirmed. The 248-lap race will resume on lap 72 when it is held in August. It will also feature a single practice session on the […]
Motor Image Pilipinas, Inc., the official distributor of Subaru in the country formally opened its dealership in Dolores, San Fernando, Pampanga on June 10, 2016. The ANC Group of Companies owns the 1,108 square meter facility, located along Mc Arthur Highway. This is the newest in the expanding dealership network of Subaru in the country. The showroom is big enough to display five vehicles and the service center is run by qualified technicians aided by […]
OTTAWA, Canada (AFP)–General Motors announced plans Friday to hire 1,000 engineers and software developers at its Canadian research facilities near Toronto over the coming years to design new self-driving cars. “With this expansion, GM Canada will play an important role in our evolution toward vehicles that are connected, autonomous, shared and electric,” Mark Reuss, GM executive vice president of global product development, said in a statement. In addition to autonomous vehicle software and controls, the teams […]
MONTREAL, Canada (AFP)–A revitalised Lewis Hamilton kept Mercedes on top in Friday practice for this weekend’s Canadian Grand Prix with a dominant display as rival teams Ferrari and Red Bull closed in on the championship pace-setters. The defending three-time champion, who won for the first time in seven months at the Monaco Grand Prix to trim team-mate Nico Rosberg’s championship lead to 24 points, was at his confident best at the Circuit Gilles Villeneuve. Hamilton clocked […]
SAN FRANCISCO, United States (AFP) — Google co-founder Larry Page has secretly poured more than $100 million into building flying cars, Bloomberg reported Thursday. Page has backed Zee.Aero while striving to keep his involvement hidden, according to the report that cited unnamed sources described as having intimate knowledge of the flying car startup launched in 2010. “Based in the heart of Silicon Valley, Zee is developing a revolutionary new form of transportation,” the startup said […]
MONTREAL, Canada (AFP)–Ferrari are not expecting miracles in improved performance from their upgraded power units this weekend, Finn Kimi Raikkonen said on Thursday. The Italian team, without a win this year, are to introduce revisions for both the turbo and the compressor for their cars at the Canadian Grand Prix. “This is a step forward, but how much only time will tell,” Raikkonen told reporters. “It is a new part and we never put new parts […]
MONTREAL, Canada (AFP) —Lewis Hamilton seeks to confirm his title defence is back on track at Montreal, one of his most rewarding, circuits, a fortnight after his resounding return to form and first win of 2016. Hamilton’s win on the unforgiving street circuit of Monte Carlo was his first in seven months since clinching his third title triumph in Texas last year and, with Mercedes team-mate Nico Rosberg finishing seventh, he cut the German’s lead from […]
MEXICO CITY, Mexico (AFP)–Mexico’s government announced Tuesday measures to reduce smog in the capital by preventing corruption at emission inspection centers that have allowed polluting cars to stay on the road. The environment ministry unveiled the new rules three months after authorities issued the first air quality alert in 13 years in the greater Mexico City area. Normally, cars that pass emissions tests are allowed to drive every day while those that fail have to stay off […]
SEOUL, South Korea (AFP) 6/7/2016 —South Korea has called for car giant Nissan to face criminal charges for allegedly manipulating emissions data on a popular sports utility vehicle, weeks after Seoul slapped the firm with a fine over the issue. The environment ministry called on state prosecutors to probe Nissan Korea after saying tests had shown an emission defeat system on the Qashqai model that made it appear to be less polluting than it really was. It […]
