The sensational confessions of the car-manufacturing giant have sent shockwaves through the industry and have wider implications for the whole corporate sector.
But can you make an EV at half the price of that one?
Maurizio Pesce/flickr
Unlike many countries, Australia does not have mandatory greenhouse emissions standards for cars - meaning that manufacturers are free to sell their least efficient, most polluting vehicles here.
Classic Australian car design is on display at the National Gallery of Victoria. GENERAL MOTORS COMPANY, Detroit (manufacturer)
United States est. 1908. GM HOLDEN LTD, Adelaide (coachbuilder) est. 1931. Pontiac all-enclosed coupe (Silver Streak)
1938 body designed Hartley Chaplin and Tom Wylie. Collection of Violet Cecil, Melbourne.
NGV
It has been a week and the Apple Car rumor hasn’t been denied by Apple. (Here’s the background in case you have been living under a rock). So what are we to make of all this? Much of what has been talked…
Australia’s Luxury Car Tax hits the high end of the market, but fuel efficiency plays an important role.
Armin Weigel/EPA/AAP
The Australian Automotive Association (AAA) recently stepped up its campaign against Australia’s Luxury Car Tax, arguing it means Australians are paying more than their Japanese or UK counterparts for…
Faulty ignition switches like this one were at the core of the troubles at GM, which led to record recalls last year.
Reuters
The US’s top auto safety agency last week fined Japanese car company Honda Motor a record US$70 million for failing to report hundreds of fatal accidents and injuries over the last 11 years. The unfiled…
The light-weight BMW i3 is designed to maximise its range.
EPA
To take a look at the cars on your street, it might not be apparent that the automotive industry is going through one of its most dramatic periods of change. Yet rising purchasing power in emerging markets…
Amidst the hugging of cuddly animals, G20 leaders talked growth.
Andrew Taylor/G20 Australia/AAP
In April, Treasurer Joe Hockey set the tone for his economics policies in a speech in New York on what he referred to as ending the “entitlement culture”. Hockey, who had given a defining speech in 2012…
In 2014, Mercedes became the first German team to secure the Constructors’ World Championship title, the award for the most successful Formula 1 outfit over a season. Lewis Hamilton and Nico Rosberg delivered…
But where does the petrol go in?
Anna Gowthorpe/PA
British-owned car manufacturing has been in decline in UK for decades but the shift to electric cars might be just what is needed for a revival. The recent announcement by US-based Detroit Electric that…
Metal foam in car bumpers could act as a shock absorber in collisions, potentially saving lives and reducing damage in car…
Australia’s loss of economic complexity is leading to a primitive economy in which the nation’s share of the value of its products shrinks and living standards fall.
Marija Piliponyte/Shutterstock
Australia faces a fall in living standards unless policy action is taken. This is due to de-industrialisation and loss of economic complexity. The higher the economic complexity, the stronger the economy’s…
Professeur senior d’analyse financière, d’audit et de risk management - Directrice de Programme pour le MSc Fashion Design & Luxury Management- Responsable de la spécialisation MBA "Brand & Luxury Management", Grenoble École de Management (GEM)