Announcing President Obama’s US$94.7 billion Fiscal Year 2016 budget for the US Department of Transportation, Transportation Secretary Anthony Foxx said, “Our budget proposal lays the foundation for a future where our transportation infrastructure meets the demands of a growing population and an economy that depends on the free flow of freight,” said Secretary Foxx. “This Administration is looking towards the horizon – the future – but to do this we need Congress’ partnership to pass a long-term reauthorisa
Analyst comment from Frost & Sullivan indicates that the business consulting firm believes that Detroit OEMs are in trouble if Apple acquires Tesla and thinks that the rumours surrounding this potential acquisition have some fire behind them.
According to automotive and transportation team leader Paraná Tharthiharan: "Apple has an arm that researches automated driving technology and Tesla is also interested in automated driving. Hence, the speculations carry more weight than mere rumours, as if about cel