Chinese President Xi Jinping reviews an honor guard during a welcome ceremony at the Great Hall of the People in Beijing. (Photo: Mark Schiefelbein, AP) BEIJING – President Xi Jinping promised Tuesday to cut China’s auto tariffs and improve intellectual property protection in possible concessions aimed at defusing a worsening dispute with Washington over trade… Continue reading China’s President Xi Jinping offers U.S. possible trade concessions
Category: News Type
Ford really wants to succeed in India: Here's why
Pankaj Radhe, Special to the Free Press Published 6:00 a.m. ET April 6, 2018 | Updated 9:55 a.m. ET April 6, 2018 From left to right: Jim Farley, Ford executive vice president and president of Global Markets, Peter Fleet, Group vice president & president, Ford Asia Pacific with Rajan Wadhera, president, automotive sector and Pawan… Continue reading Ford really wants to succeed in India: Here's why
Ford Debuts More Upscale Focus to Trade Sales for Richer Margins
As Ford Motor Co. rolls out a redesigned version of its Focus compact car in China and Europe, it’s also debuting a strategy to be more choosy about which buyers it battles for and where. The automaker is taking the wraps off upscale grades of the car in London including the Focus Vignale, expanding the… Continue reading Ford Debuts More Upscale Focus to Trade Sales for Richer Margins
Uganda Backs Electric Vehicle Project It Says Can Lead Continent
Uganda’s cabinet approved a plan to commercially produce electric vehicles its company has been designing, a project it describes as putting it at the forefront of African innovation in the industry. The Kiira Electronic Vehicle Project seeks to spark investment by businesses in the manufacture of vehicle parts, increase demand for natural resources and create… Continue reading Uganda Backs Electric Vehicle Project It Says Can Lead Continent
Alphabet’s Waymo Takes a Page Out of Google’s Android Playbook
When Google set out to tackle the smartphone market with its Android operating system, it picked off the more vulnerable subscale brands with little software expertise. Within three years, those phone makers had surged up the sales charts to become the biggest players. At the time of Android’s launch in 2008, Samsung Electronics Co. Ltd. and… Continue reading Alphabet’s Waymo Takes a Page Out of Google’s Android Playbook
Germany May Inflict More Diesel Pain on Carmakers
Germany is preparing to take another run at shoring up diesel as it seeks to balance efforts to improve urban air quality with concerns about lost jobs from the technology’s decline. Transport Minister Andreas Scheuer signaled automakers including Volkswagen AG and BMW AG could be hit with more painful measures to reduce smog-causing emissions, while… Continue reading Germany May Inflict More Diesel Pain on Carmakers
Gunnar Kilian becomes HR Director
The car maker Volkswagen wants to rebuild its leadership. The successor to SPIEGEL information has already been determined for the personnel director. Volkswagen headquarters in Wolfsburg Tuesday, 10.04.2018 18:35 clock The Volkswagen Group is building his board around, In addition to CEO Matthias Müller and HR Director Karlheinz Blessing go. Blessings successor is already clear… Continue reading Gunnar Kilian becomes HR Director
FCA US Invites Automotive Suppliers to Take Their Best Shot in “Pitch Pit”
In conjunction with SAE, FCA US will set up “Pitch Pit” April 10 – 11, 2018. There, in private meetings with FCA US purchasing and engineering representatives, suppliers who might not otherwise have such an opportunity will tout their innovations and products in an energetic setting.
Alibaba-backed Electric Vehicle Maker Xiaopeng Plans $2.7B Funding For Expansion
Alibaba-backed Chinese electric vehicle maker Xiaopeng Motors plans to raise RMB17 billion (US$2.7 billion) this year to expand its business, its CEO He Xiaopeng said in an interview at the Boao Forum in China. The news came two months after the firm raised RMB2.2 billion (US$348 million) in a series B round led by Alibaba… Continue reading Alibaba-backed Electric Vehicle Maker Xiaopeng Plans $2.7B Funding For Expansion
UPDATE 2-Icahn to sell Federal-Mogul to Tenneco for $5.4 bln
(Reuters) – Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc (TEN.N) in a $5.4 billion deal that will also give him a stake in the company. FILE PHOTO: Billionaire activist investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York… Continue reading UPDATE 2-Icahn to sell Federal-Mogul to Tenneco for $5.4 bln