GE (GE) shut down WMC, its mortgage business, in 2007 after the market for lending to risky borrowers collapsed. But the business still faces legal trouble, including lawsuits from investors and an investigation by the Justice Department. GE warned in a filing on Tuesday evening that WMC could file for bankruptcy if it loses one […]
Imagine you’re a strategist working for a major European carmaker. You’ve been tasked with thinking broadly about the future of e-mobility and its implications for your company, which currently produces over two million automobiles a year, all but a few thousand of them powered by internal-combustion engines (ICEs). What are the key strategic moves your […]
Samsung Electronics estimated its first-quarter operating profit jumped 56 percent to a record high, likely because demand for memory chips continued to be robust, outweighing lower display sales to Apple. The South Korean tech giant said in its preliminary earnings report that its January-March operating income was an estimated 15.6 trillion won ($14.7 billion), compared […]
Tesla has been selling an all-electric luxury SUV, the Model X, since 2015. The vehicle has done relatively well in the market, helping Tesla to deliver a record 100,000 vehicles in total for 2017. The Model X is also a potential profit-driver for profitless Tesla: it can sell for upwards of $150,000, if fully optioned-up […]
If you’ve got a rare older car, then you’ll know how hard it can be to find parts. While it’s possible for suppliers to make compatible spare parts using traditional production tools, doing so isn’t very efficient if only a few are needed. With this in mind, Porsche Classic (which is a division of the […]
How we store energy will be critical to the future of the electric car. While lithium-ion batteries are likely to remain the standard for at least the next decade, academic researchers and startup companies are racing to discover, design, and manufacture alternatives that will move beyond the limits of today’s chemistries. The following three technologies […]
