William Wilkes

Business, Technology, Equipment

Stellantis to Buy Mercedes-BMW Car-Sharing Venture

Free2Move A Free2Move vehicle. (Jacques Demarthon/AFP/Getty Images)

Stellantis NV will acquire the Share Now car-sharing venture formed by BMW AG and Mercedes-Benz AG, the latest shakeup in the industry as automakers struggle to make mobility services profitable.

William Wilkes | Bloomberg News
May 3, 2022
Government, Business, Safety

Europe’s Biggest Logistics Firms Halt Deliveries Into Russia

DHL DHL Express air hub at the Roissy-Charles de Gaulle airport, outside Paris. (Eric Piermont/AFP/Getty Images via Bloomberg News)

Europe’s biggest logistics firms halted shipments to Russia, further isolating the country’s businesses and consumers after its military invaded Ukraine.

William Wilkes | Bloomberg News
March 2, 2022
Business, Technology

Elon Musk Named FT’s Person of the Year for Transforming Car Industry

Elon Musk Elon Musk, founder of SpaceX and CEO of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany. (Liesa Johannssen-Koppitz/Bloomberg)

The Financial Times followed Time magazine in naming Elon Musk “Person of the Year,” with the British newspaper lauding the world’s richest man’s role in shifting the automotive industry toward an all-electric future.

William Wilkes | Bloomberg News
December 15, 2021
Business, Technology, Logistics, Top 50

Lufthansa Warms to Airbus Freighter as It Plans Cargo-Fleet Expansion

Lufthansa Warms to Airbus Freighter as It Plans Cargo-Fleet Expansion A Lufthansa Cargo AG aircraft on the tarmac at Frankfurt Airport in Frankfurt. (Alex Kraus/Bloomberg)

Deutsche Lufthansa AG’s cargo division said it’s seeking more freighter planes to keep pace with booming global demand and that purchases could include Airbus SE’s new A350F model.

William Wilkes | Bloomberg News
December 10, 2021
Business, Technology, Safety, Autonomous

Mercedes Beats Tesla to Hands-Free Driving on the Autobahn

Mercedes Beats Tesla to Hands-Free Driving on the Autobahn A Mercedes-Benz E200 drives on its own through a parking house equipped with Bosch sensors during a presentation in Stuttgart, Germany. (Getty Images)

Daimler AG’s Mercedes-Benz won regulatory approval to deploy a hands-free driving system in Germany ahead of Tesla Inc., gaining an edge in the race to offer higher levels of automation in one of the world’s most competitive car markets.

William Wilkes | Bloomberg News
December 9, 2021
Business, Technology

BMW Signs Long-Term Chip Deal

BMW Signs Long-Term Chip Deal A cutaway reveals the electronic systems of a BMW iX electric SUV at the IAA Munich Motor Show in Munich, Germany. (Krisztian Bocsi/Bloomberg News)

BMW AG signed a long-term deal to secure semiconductors for in-car lighting systems after a global shortage of the components led to shutdowns at some of its factories.

William Wilkes | Bloomberg News
December 8, 2021

DHL to Add Electric Planes to Fleet

DHL Models of DHL cargo planes. (Billy H.C. Kwok/Bloomberg News)

The race toward zero-emission logistics chains is expanding from the road to the skies.

William Wilkes | Bloomberg News
August 3, 2021
Business, Technology, Equipment, Safety, Fuel

Volvo, Northvolt Join Forces on European EV Battery Factory

Volvo electric battery An electric engine on display at the Volvo Car Brand Experience Centre at the Volvo Car AB headquarters in Gothenburg, Sweden. (Mikael Sjoberg/Bloomberg)

Volvo Car Group and Swedish battery maker Northvolt AB will jointly build an electric car battery factory in the latest move by European manufacturers to localize cell production in the region.

William Wilkes | Bloomberg News
June 21, 2021