Category: Auto & Truck

GM Shanghai Cadillac Plant Opens as China Hit by Lapse in Luxury

GM expects further local demand for cars despite the country’s economic slowdown. SHANGHAI— General Motors Co. on Thursday opened a $1.2 billion plant in Shanghai to build premium-brand Cadillac cars targeting a luxury market that has been pressured by China’s economic slowdown. The facility, operated … Continue reading GM Shanghai Cadillac Plant Opens as China Hit by Lapse in Luxury

Toyota just hired a dream team of scientists to create a car that’s ‘incapable of causing a crash’

Toyota announced the six-man tech team that will head up the company’s new Toyota Research Institute (TRI). “The institute was created to be the leading edge explorers for Toyota in new areas,” TRI CEO Dr. Gil Pratt told Business Insider. “To make sure that as … Continue reading Toyota just hired a dream team of scientists to create a car that’s ‘incapable of causing a crash’