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BMW, Daimler experiment with upscale rent-by-the-ride
Fri, 24 Dec 2010Two European luxury brands are tiptoeing into car sharing, a radical move for carmakers whose business for the past 100 years has been selling to individuals. German archrivals Daimler AG and BMW AG have launched sharing programs. The automakers say the move was prompted by changing attitudes about car ownership, especially among young buyers, and increased urban congestion.
Beanz Meanz More Eco-Friendly Future Fords
Wed, 11 Jun 2014THE car industry is full of interesting and unusual business partnerships, but this latest tie-up between Ford and Heinz promises to be one of the more intriguing. Far from seeking to produce 57 varieties of any particular new Ford model, the two firms are exploring the use of tomato fibre to develop a sustainable composite materials for use in vehicle manufacturing. For example, boffins believe that dried tomato skins could become the wiring brackets in future Ford vehicles or the storage bin a customer uses to hold coins and other small objects.
Just how much do F1 drivers earn?
Fri, 01 Jun 2012Business Book GP has published a list of Formula One drivers’ income for piloting their cars round the world’s F1 Grand Prix circuits. Just how much do the drivers of Formula One cars get for risking their lives (well, that may be a bit of an overstatement in 2012) in pursuit of a victory on the track? It seems anything from €150k to €30 million is the spread.