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Coda EV startup files for bankruptcy

Electric-car startup Coda Holdings Inc. filed for Chapter 11 bankruptcy Tuesday after producing just 100 of its EV sedans, according to a report from Reuters. Coda filed with U.S.

Red Bull do doughnuts on the Burj Al Arab Helipad to celebrate F1 title (video)

David Coulthard gives the thumbs up whilst doing doughnuts Sebastian Vettel may be cool, collected and composed behind the wheel of his Red Bull F1, but even an in-control German needs to let off steam when he’s just taken his fourth F1 drivers title in a row. So at last week’s Indian Grand Prix, Seb celebrated his title win by producing a series of doughnuts in his car on the finish line, much to the annoyance of FIA officials who fined him €25k for his celebrations. But the latest doughnuts by an F1 team won’t have the FIA up in arms (probably) even if the stunt Red Bull have pulled to mark their latest achievements will give anyone who’s afraid of heights the heebie-jeebies.

Why this year's UAW-Detroit 3 talks don't matter

Here's what you need to know about the current UAW contract talks with the Detroit 3: They don't really matter. Oh, sure, agreements must be reached and contracts signed. But some commentators would have you believe the Detroit 3's future competitiveness hinges on their ability to stand up to the UAW in this year's negotiations.