Chinese group drops plans to invest in German-led maps firm HERE – Reuters: A Chinese-led group seeking to buy a stake in the German carmaker-backed mapping company HERE, has withdrawn its offer after the group failed to win approval from a U.S. national security oversight board, the companies said on Tuesday.
Self-driving car advocates launch ad campaign to prod Congress – Reuters: A coalition of supporters of self-driving cars said on Tuesday that it will run ads this week in social media and Washington newspapers, in an effort to convince the U.S. Congress to adopt sweeping legislation to boost the nascent industry.
Breakingviews – German vote bodes ill for utilities and autos – Reuters: Germany’s new electoral landscape … a ban on the sale of new cars with internal combustion engines by 2030.
Two wheels good: Bike boom nibbles on Asia gasoline demand growth – Reuters: It is not quite going back to the horse, even if the … survey that bike services are resulting in fewer trips by motor vehicles.
Bike-sharing takes off among youths in major Asian cities: survey – Reuters: Orange, yellow and other brightly colored bikes have … a sign that some are moving away from carbon-intensive vehicles.
Rising diesel consumption is main driver for higher oil demand in 2017: Shell – Reuters: A massive surge in diesel fuel demand this year has been the main driver for higher crude oil consumption in 2017 along with buying to fill up strategic petroleum reserves, an executive from oil major Royal Dutch Shell said on Tuesday.
Samsung Zips Past Toyota To Become Asia’s Top Brand – Asian Review – Nikkei: Samsung has overtaken Toyota as Asia’s most valuable brand for the first time, according to a global ranking released on Monday..
Germany’s Douglas appoints former Opel marketing boss as CEO – Reuters: German perfume and cosmetics retailer Douglas has appointed … (Reporting by Andreas Cremer; Editing by Mark Potter).
Uber CEO to London: ‘I apologize for the mistakes we’ve made’ – CNBC: Uber Chief Executive Dara Khosrowshahi admitted the firm “got things wrong” Monday in a plea to London after the ride-hailing app was stripped of its license to operate in Britain’s capital city.
Motor racing- The name’s Red Bull, Aston Martin Red Bull from 2018 – Reuters: FILE PHOTO: The Aston Martin logo is seen at a car repair workshop in Beijing, China June 19, 2017. Picture taken June 19, 2017.
Fighting for survival in London, Uber CEO apologizes and says it must change – CNBC: Uber’s chief executive apologized for the taxi app’s mistakes in London and promised to change as the firm fights a decision by the city not to renew its license.