The Securities and Exchange Commission has been investigating German automaker BMW. The news was confirmed by a company spokesperson a few days ago. The investigation is regarding BMW’s sales practices, specifically whether the company is “punching” its sales.
The German automaker confirmed it has been contacted by the Securities and Exchange Commission, however, declined to provide further comment on the ongoing investigation.
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An airport in Lithuania is getting in the holiday spirit with a Christmas tree made of banned items that passengers had to leave behind during screening at the airport in Vilnius, Lithuania. The confiscated items surely landed some passengers on Santa’s naughty list this year.
The festive display of knives, toy guns, and corkscrews – all taken from passengers’ carry-on luggage during security screenings at the airport over the year is a friendly reminder on the importance of aviation security, said the officials from the airport.
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Chinese authorities have recently given Tesla the green light for production in its huge factory in Shanghai. Europe could be next.
Tesla’s new Gigafactory in Shanghai started trial production ahead of schedule this month and is starting to build “full vehicles”, “from the body to paint”, officials from the company told investors Wednesday. In addition, Tesla CEO Elon Musk said the company is planning to announce the location of its Gigafactory that will be built in Europe by the end of the year.
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A $1.5billion electric guitar-shaped hotel opened in Hollywood, Florida Thursday with a star-studded red carpet event.
The 36-story venue that boasts a 7,000-seat casino floor, 1,200 hotel rooms, and more than 3,000 slot machines and gaming tables, is the latest creation of the wealthy Native American Seminole Tribe who boast a huge Hard Rock empire.
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California start-up ZeroAvia wants to fill the skies with hydrogen-powered planes by 2022
ZeroAvia recently announced that it has been working on hydrogen fuel airplane technology for years and made significant advancements in developing a zero-emission electric power train. Their goal is the powertrain to deliver the same performance as a conventional aircraft engine at a lower operating cost.
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Starhopper test rocket has made its highest and final test flight.
SpaceX Starhopper prototype took flight around 5 p.m. CT on August 27 and successfully completed its 150-meter test. The whole flight lasted a little under a minute. You can watch whole launch right here.
From start to finish, the test rocket spent almost a full minute, approximately 57 seconds, in-flight, showing off the first-ever public view of a Raptor engine fired in daylight.
Elizabeth Taylor’s custom Rolls Royce convertible could fetch up to $7 million at an auction on August 6.
The actress’ beloved vehicle, nicknamed Green Goddess, was custom-made and has become a legend in the antique car community.
Taylor’s relationship with Green Goddess lasted longer than any of her marriages—and that includes both periods with Burton combined. The automobile was sold in 1978 to its current owner, a West Coast resident who meticulously maintained it for almost 40 years. Thus, the Rolls Royce Silver Cloud II has had only two owners for 58 years, with 40,644 miles on it. Without its link to the Oscar-winning screen star, this rare vehicle might be worth around $700,000. However, with Taylor’s enduring fame it could change hands for $7 million at its auction in August.
More »Four Seasons announced 2021 itineraries for US$160,000 jet trips featuring the return of record-selling 24-day World of Adventures journey.
Four Seasons Hotels and Resorts is adding four exclusive journeys to its Airbus private jet flights available for guests in 2021. The new custom-built aircraft will replace the previous Boeing model the hotel giant relied on for luxury group excursions around the world.
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The Falcon Heavy rocket launched early Tuesday, two cores made it back safely.
SpaceX’s Falcon Heavy rocket launched at 2:30 am ET from Launch Complex 39A at the Kennedy Space Center in Florida on Tuesday morning. It sent its payload of 24 satellites into space. Less than three minutes after the launch, the rocket’s two side-mounted boosters separated as planned from the first stage’s center core and subsequently returned to make a safe landing near KSC. Over the next 3 hours and 30 minutes, the Falcon Heavy’s upper stage separated from the center core and flew onward, into the first of several orbits. One of its missions was to drop off 24 satellites into three different orbits.
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Five-seater, all-electric and jet-powered air taxi makes its first test flight in Munich, Germany.
Lilium, the Munich-based startup developing a revolutionary on-demand air taxi service has unveiled its five-seater, all-electric air taxi prototype. In an announcement last week, the German startup said that its jet-powered air taxi has just completed its maiden flight.
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