Pay With Your Fingertips From the Comfort of Your Car (Coming Soon to a Mercedes Near You)
6 Mar 2023, 21:09 UTC · By: Razvan Calin / Mercedes-Benz uses VISA authenticators to introduce the touch-and-pay method to specific models, replacing the two-step verification and payment approval
United Airlines Makes $10M Deposit for 100 Units of Archer's eVTOL Aircraft
11 Aug 2022, 09:52 UTC · By: Cristina Mircea / California eVTOL developer, Archer Aviation, received a $10 million pre-delivery payment from United Airlines for 100 units of Archer's Maker aircraft
Uber Will Have To Compensate NY Drivers, Each Will Get An Average of $900
24 May 2017, 14:46 UTC · By: Sebastian Toma / Ride-hailing giant Uber will have to pay an average of $900 back to its drivers in New York because it took a bigger cut of their fares than it was supposed to
Spyker Completes Saab Purchase
6 Jul 2010, 06:39 UTC · By: Daniel Patrascu / Nearly five months after Dutch supercar manufacturer Spyker announced it decided to purchase GM's Swedish unit Saab, the sale has been completed. Spyker announced yesterday it has paid GM the s...
GM to Repay Loan in Full This Year
26 Mar 2010, 08:09 UTC · By: Daniel Patrascu / In a news which will somewhat upset those hoping GM will not be able to repay the loans it received last year from the US government, the company's (still) CEO Ed Whitacre announced yesterday t...
Lexus Presents LFA Lease Program
18 Mar 2010, 08:48 UTC · By: Alex Vasile / Lexus has finally announced the launch of its LFA payment system. A while ago, the car manufacturer said that clients will not be able to buy their first supercar, only lease it. According to Lex...
Renault to Extend Crisis-Period Labor Deal in 2010
9 Dec 2009, 08:02 UTC · By: Bogdan Popa / French manufacturer Renault confirmed in a statement that it plans to extend the crisis-period labor deal it established in 2009 through the next year. Furthermore, the company wants to rely on mode...
AvtoVAZ Still Awaiting 7,000 Ladas Payment
27 Oct 2009, 08:42 UTC · By: Bogdan Popa / Russian car manufacturer AvtoVAZ, who's now fighting for survival in the domestic market, is awaiting a large payment for approximately 7,000 Lada cars. It appears the company is now looking to...
SsangYong Rescue Plan Accepted by Creditors
23 Oct 2009, 08:48 UTC · By: Alex Vasile / The SsangYong saga is far from being over. As you know, the South Korean manufacturer had a rough year. In 2008 sales went down a staggering 34.5%. As a direct result, in December 2008 Ssangyong was...
GM CEO Base Salary Falls to $950,000
23 Oct 2009, 08:20 UTC · By: Bogdan Popa / The United States Treasury announced today that 175 executives working at seven companies that have received state loans will receive pay reductions, including General Motors' CEO Fritz Henders...
VW to Offer 4.2% Pay Rise
29 Sep 2009, 15:04 UTC · By: Bogdan Popa / The German brand Volkswagen and IG Metall trade union reached an agreement today to provide a 4.2 percent increase in the pay of 95,000 VW AG employees from January 1, 2010. Furthermore, the company...
Most Dealers Still Waiting for First CARS Payment
20 Aug 2009, 07:59 UTC · By: Daniel Patrascu / The immense success of the Car Allowance Rebate System appears to have manifested itself only on paper, as almost two thirds of the dealers participating in the program say they are still waiting to...
GM Receives Second $5.4 Billion Installment
23 Jan 2009, 09:33 UTC · By: Bogdan Popa / General Motors has received the second payment of its $13.4 billion loan approved by the United States government last December, officials of the American automaker confirmed today. GM yesterday sai...
GM Says It Could Run Out of Cash by March 31
22 Jan 2009, 09:04 UTC · By: Bogdan Popa / General Motors is making the headlines once again, as it recently said it may run out of cash as soon as March 31 in case it doesn't receive the second loan payment from the US government. The ...