Disney is taking advantage of the pandemic to make changes at its parks, CEO says
“We’ve made some moves already, but we’re going to make further moves,” Disney CEO Bob Chapek said.
Volvo juices EV push with C40 Recharge
The all-new compact crossover coupe, on sale at U.S. stores in the second half, signals Volvo’s ambitions to become an EV-only brand by 2030.
Hertz to sell to Knighthead, Certares in plan to exit bankruptcy
The bid is backed by a travel industry-focused investment fund that Knighthead and Certares created last year to take advantage of an expected rebound in companies that were disrupted by the COVID-19 pandemic.
India woos Tesla with offer of cheaper production costs than China
India is ready to offer incentives to ensure Tesla Inc.’s cost of production would be less than in China if the carmaker commits to making its electric vehicles in the South Asian country, Reuters reported.
Toyota, Hyundai, Kia post lower Feb. volume
U.S. light-vehicle sales fell at Toyota, Hyundai and Kia in February, in line with forecasts for what is expected to be a weaker month with fewer selling days as the industry slowly recovers from the pandemic. Volume surged 51 percent at Genesis.