27 Dec Turkish Leader Unveils Prototypes of Electric Car ANKARA, Turkey — Turkish President Recep Tayyip Erdogan on Dec. 27 unveiled prototypes of a domestically produced electric car, putting him closer to fulfilling a long-held dream of building Turkey’s first “national” automobile. Read more...
27 Dec Volkswagen Raises Forecast for Electric Car Production FRANKFURT, Germany — Automaker Volkswagen is accelerating its move into battery-powered cars, saying it will reach its goal of 1 million electric cars per year two years earlier than planned. Read more...
27 Dec Uber’s Travis Kalanick to Leave Board to Focus on New Business Uber Technologies Inc.’s former Chief Executive Officer Travis Kalanick is stepping down from the board, severing his last ties to the company he co-founded a decade ago and helped become one of the world’s most valuable, and controversial, startups. Read more...
27 Dec FMCSA Increases Random Drug Test Rate to 50% for 2020 The Federal Motor Carrier Safety Administration is increasing the minimum annual percentage rate for random controlled substances testing for truck drivers. Read more...
27 Dec GM, Tesla Head for New Year Without Electric Vehicle Tax Credits General Motors Co. and Tesla are about to become the first automakers that will have to sell EVs without the benefit of a $7,500 federal tax credit. Read more...
27 Dec West Coast Ports Slump While East Coast Facilities Weather Tariffs Several of the nation’s most prominent ports felt the impact of the trade war between the United States and China as 2019 comes to a close, just as the Trump administration struck an initial trade agreement with China that is due to be signed sometime in 2020. Read more...
27 Dec Rust Belt Region Banks on Becoming Hub for Electric Vehicles The day Youngstown’s steel mills began shutting down 40 years ago remains fresh in the minds of those who live in the blue-collar corner of Ohio. Community leaders don’t want the recent closing of General Motors’ massive assembly plant to leave that same lingering gloom. Read more...
27 Dec Drones Need Tracking Network for Expanded Flights, FAA Says All but the smallest civilian drones would have to broadcast radio tracking data to ensure greater safety and prevent terrorism under a sweeping proposal unveiled by U.S. regulators Dec. 26. Read more...
27 Dec Amazon Leads S&P 500 After Reporting ‘Record’ Holiday Sales Amazon.com Inc.’s stock had the biggest advance on the S&P 500 Index after the e-commerce giant said its holiday season this year was “record-breaking,” with billions of items shipped and “tens of millions” of Amazon devices like the Echo Dot sold. Read more...
27 Dec NYC Creeps Ahead on Congestion Fees, Raising Doubts on Deadline Tolls on motorists entering midtown Manhattan promise to alter everyday life for millions of people in the most populous U.S. city. Yet with the fees slated to begin in a year, the panel empowered to set pricing and other policies has yet to be created. Read more...