Dave Larsen Talks Jaguar Land Rovers Commitment to Electric by 2020
Jaguar Land Rover launched its 2019 Range Rover at the LA Auto Show this week. Alyssa Julya Smith caught up with Jaguar Land Rover's Product Planning Manager Dave Larsen to check out some of the cool features on the new model, including hot stone massage chairs in the back seat.
The vehicle is part of the Autobiography collection and the cost can be more than $200,000 for the fully loaded version of the Range Rover. Larsen showed off some of the other features, including 17-plug ports, and automatic doors that open and close with the push of a button.
Larsen also touched on Jaguar's commitment to electric vehicles, and where he thinks the industry will be in the next 20 years. He says that he thinks electric will be the new standard and hybrid cars will be the norm, with many going full electric.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
