Date
25 March 2017

Transportation

  • Chery said it has been using the name "eQ" for its two-door battery electric car over the past two years. Photo: Reuters

    China’s Chery files trademark complaint against Mercedes-Benz

    Mar 24, 2017 8:26am
    Chinese automaker Chery Automobile Co. Ltd. has filed a complaint with the country’s trademark regulator over Mercedes-Benz’s use of the “EQ” name for a line of green-energy vehicles. The move could pose a potential road block...
  • At the results announcement, Cathay Pacific chairman John Slosar emphasized how difficult things are and spoke of the need for economies.
Photo: Bloomberg

    Has Cathay Pacific lost its mojo?

    - Mar 17, 2017 4:14pm
    What on earth is going on at Cathay Pacific Airways? Once a much loved iconic Hong Kong company, it is now facing criticism from a growing number of its customers and is shrouded in a feeling...
  • Elon Musk outlines his plans to colonize Mars. Musk's business interests span from Tesla to solar power and space exploration.  Photo: Bloomberg

    Young Hongkongers should dream big

    - Mar 15, 2017 3:41pm
    Many people have rushed to buy Tesla’s newly released Model X before the first registration tax waiver for e-cars ends in March. Tesla chief executive Elon Musk once described Hong Kong as a “beacon city for...
  • Geely Automobile has taken its brand and technology to a new level following the acquisition of Volvo in 2010. Photo: Bloomberg

    China automakers: A report card for Jan-Feb

    Mar 14, 2017 4:13pm
    China’s vehicle sales rose 8.8 percent in the first two months of 2017 compared to the same period last year, according to the China Association of Automobile Manufacturers (CAAM). In the month of February, sales rose...
  • Following feedback from the industry, China may revise the targets for production of new energy vehicles. Photo: Bloomberg

    China may ease electric car quotas and targets: report

    Mar 14, 2017 10:55am
    China may ease proposed quotas and targets related to electric vehicles, responding to feedback from automakers which were concerned about the scale and pace of the plans, Reuters reports. Proposed changes under discussion could see a...
  • SF Holdings founder Wang Wei (right) gave out generous bonuses to staff to celebrate the company's listing. Photo: Jianshu

    What’s the secret behind SF Holding’s share surge?

    - Mar 6, 2017 11:50am
    Shares of China’s leading express delivery firm SF Holding (002352.CN) surged after its backdoor listing last month, catapulting its founder Wang Wei to number two spot on the country’s rich list. While there is no doubt...
  • Uber has admitted to deploying a program to help the firm sidestep authorities in cities where its service was banned or faced resistance. Photo: Bloomberg

    Uber used secret ‘Greyball’ tool to evade authorities

    Mar 6, 2017 8:40am
    Uber Technologies has confirmed that it used a secret tool for many years to avoid authorities in markets where its ride hailing service faced resistance or was banned. The company admitted that it deployed a program...
  • Blue Origin’s reusable New Shepard space vehicle ascends near Van Horn, Texas. Blue Origin is expected to announce new initiatives and customers. Photo: WSJ

    Bezos to unveil further plans for private space exploration

    Mar 6, 2017 8:31am
    The burgeoning space-transportation company owned by Amazon.com Inc. chairman Jeff Bezos this week is expected to announce some customers and new initiatives. It is the latest step toward its long-term goal of building rockets powerful enough...
  • Buyers of this Tesla model and other electric cars will now have to shoulder 80 percent of the tax payable. Photo: HKEJ

    Tesla falls victim to Paul Chan’s budget

    - Feb 23, 2017 2:49pm
    Former financial secretary Antony Leung used to love Lexus, but Paul Chan, the latest official to succeed him in the post, apparently has no regard for Tesla. That is perhaps why in his first (and possibly last) budget,...
  • A wheel of a prototype of the Tesla Model 3 is shown on display at a factory in Nevada. Tesla says the Model 3 will be ready for volume production by September. Photo: Reuters

    Tesla Model 3 on course for volume production by September

    Feb 23, 2017 8:03am
    Tesla Inc. says its mass-market Model 3 sedan is on track for volume production by September, relieving investors who see the electric vehicle as the avenue to profitability for the young company. But the carmaker’s operations...
  • The logos of General Motors' Opel and Peugeot. Acquiring GM's Opel and Vauxhall brands would give PSA a 16.3 percent share of the European passenger car market. Photo: Reuters

    GM in talks to sell European auto business to Peugeot

    Feb 15, 2017 8:39am
    General Motors Co. and French automaker PSA Group are in talks that could result in PSA buying GM’s European auto operations, the two companies said. For PSA, owner of the Peugeot, Citroen and DS brands, acquiring...
  • Journalists gather around a Faraday Future vehicle in Las Vegas. The start-up company says its operations are overextended. Photo: Reuters

    China-backed Faraday Future scales back US plans

    Feb 2, 2017 7:55am
    Electric luxury car start-up Faraday Future, one of several Chinese-funded companies taking aim at Elon Musk’s Tesla Inc., is throttling back on plans to build vehicles in the United States, Reuters reports. Faraday, an affiliate of...
  • Donald Trump shakes hands with Mark Fields, CEO of Ford Motor, as Sergio Marchionne, head of Fiat Chrysler (R) looks on, before a meeting at the White House on Tuesday. Photo: Bloomberg

    Trump urges automakers to build new plants in US

    Jan 25, 2017 8:07am
    US President Donald Trump urged the bosses of the Big Three American automakers to build more cars in the country in order to create new jobs at home, pushing a key campaign pledge. During a meeting...
  • High labor cost is a big disadvantage faced by traditional airlines like Cathay Pacific compared with their budget rivals. Photo: HKEJ

    Cathay Pacific likely to shift to a flatter structure

    - Jan 23, 2017 10:17am
    Cathay Pacific (00293.HK) unveiled a disappointing restructuring plan on Wednesday night. An apparent lack of clarity has left investors worried. Investors said the restructuring plan offers few details and stokes fear on how it could turn...
  • US regulators found Tesla's automatic emergency braking and forward-collision warning features performed as designed. Photo: WSJ

    US regulators close Tesla autopilot probe

    Jan 20, 2017 8:37am
    US regulators have closed a probe of a fatal crash involving a Tesla Motors Inc. car driving itself, concluding the Silicon Valley auto maker’s semi-automated technology didn’t contain a safety defect, the Wall Street Journal reports....
  • Malaysia Airlines aircraft are seen from a viewing gallery at the Kuala Lumpur airport. Australia, Malaysia and China have now stopped the search for MH Flight 370 after finding scant evidence. Photo: WSJ

    Countries halt search for MH Flight 370

    Jan 18, 2017 7:45am
    The nearly three-year search to resolve one of history’s biggest aviation mysteries ended on Tuesday the same way it began: with the barest of clues over what happened to missing Malaysia Airlines Flight 370, the Wall...
  • Tom Enders expects Airbus to fly a demonstration vehicle for single-person transport by the end of the year. Photo: Reuters

    Airbus CEO sees ‘flying car’ prototype ready by end of year

    Jan 17, 2017 8:07am
    Airbus Group plans to test a prototype for a self-piloted flying car by the end of the year as a way of avoiding gridlock on city roads.  Airbus last year formed a division called Urban Air...
  • Chief executive Ivan Chu is expected to unveil the results of a review of the airline's operations on Wednesday. Photo: Bloomberg

    Cathay set for overhaul

    Jan 16, 2017 8:54am
    Cathay Pacific Airways (00293.HK) is expected to announce job cuts, cost reductions and shifting of flights to its short-haul arm when it unveils the results of a key review this week. The 71-year-old Hong Kong airline is...
  • The anticipated Takata settlement caps a government probe stemming from the largest automotive recall in US history. Photo: AP

    Takata expected to pay US$1 bln to settle US air-bag probe

    Jan 13, 2017 8:17am
    Automotive supplier Takata Corp. is expected as soon as Friday to plead guilty to criminal wrongdoing and pay roughly US$1 billion to resolve a US Justice Department probe of the Japanese company’s handling of rupture-prone air...
  • Volkswagen's supervisory board will meet soon to approve a multi-billion-dollar settlement with the US Justice Department over an emissions cheating scandal. Photo: Bloomberg

    Volkswagen confirms US$4.3 bln settlement in US emissions case

    Jan 11, 2017 8:31am
    Volkswagen AG confirmed Tuesday that it has negotiated a US$4.3 billion draft settlement with US regulators over a diesel-emissions cheating scandal. Under the deal, the German automaker would plead guilty to criminal misconduct, Reuters reports. VW...

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