He built three companies, became a CEO twice, and credits it all to his 6th grade teacherDavid Royce credits his sixth-grade teacher, Lynn Luft, for his success. He struggled with undiagnosed ADHD. Luft created a supportive clas...
24 Jul, 2025, 03.36 PM IST
Aptiv to invest over $45 million to expand production at TN facilityWith nearly 220,000 square feet, the expanded plant will produce cutting-edge cockpit control systems and will scale up to include advanced...
15 Aug, 2024, 10.20 AM IST
Rivian jumps 36% as $5 bln Volkswagen investment signals 'vote of confidence'The investment is set to reinforce Rivian's dwindling cash reserves, push the startup nearer to profitability, and enhance its competitive ...
26 Jun, 2024, 10.01 PM IST
CapitaLand India Trust acquires IT SEZ in Pune’s Hinjewadi for Rs 773 croreCapitaLand India Trust (CLINT) acquires BlueRidge 3 phase 1, an IT SEZ project in Pune's Hinjewadi, for around Rs 773 crore. The acquisitio...
01 Mar, 2024, 01.52 PM IST
US auto strike's economic fallout starts to hurt global businessesThe month-long strike by hourly workers at the Detroit Three automakers is starting to have a financial impact on businesses, including air...
20 Oct, 2023, 08.32 PM IST
Mobileye cuts revenue forecast on slow China EV demand, shares sinkChina’s decision last year to end a more than decade-long subsidy for EV purchases has forced automakers to deepen discounts in the world’s...
27 Apr, 2023, 05.39 PM IST
Alphabet, Meta had highest-paid median workers in 2021: ReportThe report mentioned that Google parent Alphabet and Facebook's Meta Platforms had the highest-paid median workers, at almost $300,000
03 Jun, 2022, 10.47 AM IST
Tesla halts production at Shanghai plant due to supply issues: SourcesThe suspension comes just three weeks after the U.S. automaker partially resumed production at the Shanghai plant on April 19 following a 2...
10 May, 2022, 07.39 AM IST
Russia war could further escalate auto prices and shortagesNow, a new factor - Russia's war against Ukraine - has thrown up yet another obstacle. Critically important electrical wiring, made in Ukra...
04 Apr, 2022, 11.06 AM IST
Russia war could further escalate auto prices and shortagesRussia's war against Ukraine - has thrown up yet another obstacle. Critically important electrical wiring, made in Ukraine, is suddenly out...
03 Apr, 2022, 09.40 PM IST
Qualcomm, SSW Partners to buy Veoneer in $4.5 billion dealQualcomm and SWW Partners, a newly-founded investment firm based in New York, will buy Veoneer for $37 per share in cash, Veoneer's stateme...
05 Oct, 2021, 09.49 AM IST
Hyundai plans to invest $7.4 billion in US by 2025Hyundai Motor Group, which includes Hyundai Motor Co. and Kia Corp., said Thursday that Hyundai and Kia will invest in growing its electron...
13 May, 2021, 09.42 PM IST
Lyft sells self-driving tech unit to Toyota for $550 millionThe acquisition of Level 5 automation will provide Toyota access to the U.S. ride-hailing firm's more than 300 employees of the essentially...
27 Apr, 2021, 09.37 AM IST
Giant screens and walking cars: The best of CES 2019Even without many blockbuster announcements, CES still manages to get people talking because of its sheer size and reach.
10 Jan, 2019, 10.46 AM IST
BMW Group signs on KPIT as software development partner for autonomous drivingThe partners will be able to assist with rolling out the software stack within the Autonomous Driving Platform to third parties.
24 Oct, 2018, 07.27 PM IST
Uber disabled Volvo SUV's safety system before fatality“We don’t want people to be confused or think it was a failure of the technology that we supply for Volvo, because that’s not the case,” sa...
27 Mar, 2018, 10.41 AM IST
The robocar future may take longer than you think: CES roundupTruly driverless vehicles are years away, executives from auto giants Toyota Motor Corp. and Hyundai Motor Co., mega supplier Robert Bosch ...
10 Jan, 2018, 11.49 AM IST