Author: Google News Scanning

General Motors South Korea employees trash CEO’s office over bonuses dispute

General Motors South Korea trashed their Chief Executives office after they found out they would not earn a bonus. Photo credit: Youtube Employees at General Motors South Korea have trashed their Chief Executive’s office after learning no one will earn a bonus due to a ‘cash crisis’.  Security footage has emerged showing about a dozen… Continue reading General Motors South Korea employees trash CEO’s office over bonuses dispute

General Motors To Stop Production Of Chevrolet Sonic Subcompact Car

General Motors Co will stop production of its subcompact Chevrolet Sonic by as early as this year, the Wall Street Journal reported, citing people familiar with the matter. While GM is also planning to discontinue Chevrolet Impala in the next few years, Ford Motor Co will stop making the Fiesta small car for the U.S.… Continue reading General Motors To Stop Production Of Chevrolet Sonic Subcompact Car

Lyft Expands Subscription Ride-Hailing Test to Dozens of Cities

Lyft Inc. is testing a subscription service in more than two dozen cites, hoping to lock in customers as competition with Uber Technologies Inc. heats up in the U.S. In recent weeks, the San Francisco-based company began experimenting with a variety of subscription packages, now available in 30 markets. Lyft President John Zimmer said he… Continue reading Lyft Expands Subscription Ride-Hailing Test to Dozens of Cities

Volkswagen plans to squash production of one of its most iconic cars

The Beetle, the Bug, Herbie—whatever you call it, it looks like it’s being phased out. German automaker Volkswagen plans to stop production on the iconic vehicle after the current generation, the company’s research and development leader Frank Welsch confirmed to Autocar at this week’s Geneva Motor Show. Despite makings it way onto various lists of… Continue reading Volkswagen plans to squash production of one of its most iconic cars

Phantom Auto will drive your autonomous car if it gets confused

Imagine, you’re sitting in your autonomous taxi when suddenly the power goes out and the traffic signals in your area no longer function. To keep things moving, traffic officers arrive at the intersection, waving cars through and the vehicles with human drivers move on without too much trouble. But your robot-controlled car stops. The car… Continue reading Phantom Auto will drive your autonomous car if it gets confused

Daimler to explore further cooperation with Geely

Daimler AG (AG) is exploring the possibility of further cooperation with new major shareholder Li Shufu’s Chinese car maker Geely, Chief Executive Dieter Zetsche said at Daimler’s annual general meeting on Thursday. Mr. Li, who has accumulated close to a 10% stake in Daimler, is supporting the car maker’s long-term strategy and talks have been… Continue reading Daimler to explore further cooperation with Geely

GM to kill Chevrolet Sonic, Ford to discontinue Fiesta, Taurus, report says

Autoplay Show Thumbnails Show Captions Last SlideNext Slide The 2017 Chevrolet Sonic. (Photo: General Motors) General Motors is reportedly planning to kill the Chevrolet Sonic while Ford Motor plans to ditch the Fiesta in the U.S., spelling the death of two subcompact cars. The Wall Street Journal, which reported the plans Wednesday, also said that… Continue reading GM to kill Chevrolet Sonic, Ford to discontinue Fiesta, Taurus, report says

Grab boss: ‘Zero issues’ with Uber deal in South East Asia

The chief executive of ride-sharing firm Grab says he is confident regulators will not derail his plan to buy Uber’s South East Asian operations. Anthony Tan told the BBC he saw “zero issues” on how the deal was done. South East Asia’s most popular ride-hailing firm said last week it would buy its rival’s regional… Continue reading Grab boss: ‘Zero issues’ with Uber deal in South East Asia

At Uber, a New CEO Shifts Gears

The Indian city of Gurugram, which in Hindi means “village of the guru,” is a technology-and-business hub twenty miles south of New Delhi, reached by highways filled with auto-rickshaws, exhaust-spewing buses, and the occasional immovable cow. The city’s glass high-rises contain dozens of multinational corporations, including Pepsi, Google, and Microsoft. On a recent morning, a… Continue reading At Uber, a New CEO Shifts Gears