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Ford to invest $11bn in electric vehicles

Bloomberg Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that the auto industry sees growing from what’s now just a fraction of the market. The carmaker will shell out $11 billion bringing 40 electrified vehicles to market by 2022, Jim Farley, president of global markets, said during a presentation at the ...

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Mercedes takes soft touch to first G-Class redo since 1979

Bloomberg In the first revamp of the G-Class since the rugged sport utility vehicle’s introduction nearly four decades ago, Mercedes-Benz took the approach that if it ain’t broke, don’t fix it. There’s a special “G” mode for offroad driving and a large flat screen. But aside from such flourishes, the styling is still dominated by flat steel surfaces and a ...

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‘Palestinians will slap back for Trump Jerusalem move’

Bloomberg Palestinians will “slap back” for the humiliation they’ve suffered from the Trump administration and seek to replace the US with other international players in future peace negotiations with Israel, Palestinian Authority President Mahmoud Abbas said. Opening a conference of the Palestine Liberation Organization’s Central Committee in Ramallah, Abbas criticized US President Donald Trump for recognising Jerusalem as Israel’s capital ...

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