Toyota is investing $500 million into Joby Aviation, a California-based startup that wants to make flying taxis.
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“Any potential cost savings based off a vehicle’s lower-than-average carbon footprint could influence more price-conscious consumers.”
US manufacturers might not have the best grasp on what drivers want. The ones who seem to know reside about 6,000 miles away in Japan.
On Friday, Beijing announced that a trade-in program that previously applied to big appliances and cars will now be widened to smartphones.
As the New Year rolls in, Wall Street is preparing for a slew of listing announcements from private equity-backed firms.
It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.