Geely plans to manufacture flying cars

A flying car named the TF-X lands at Lawrence Municipal Airport, Massachusetts. [Photo/China Daily] For Zhejiang Geely Holding Group, even the sky is no limit to its ambition, literally. The Chinese carmaker, which made headlines last week by becoming the largest shareholder in Mercedes-Benz owner Daimler, is to produce flying cars in China. A Geely… Continue reading Geely plans to manufacture flying cars

Volvo Cars global sales up 17.2 per cent in the first two months of 2018 as first XC40s reach customers

Volvo Cars global sales up 17.2 per cent in the first two months of 2018 as first XC40s reach customers   Volvo Cars’ good start to 2018 continued in February after the premium car maker reported a global year-on-year sales increase of 12.1 per cent for the month, with deliveries of the new XC40 small… Continue reading Volvo Cars global sales up 17.2 per cent in the first two months of 2018 as first XC40s reach customers

Chinese car trading platform Chehaoduo raises $818m in Tencent-led funding

March 2, 2018 Beijing-based online car trading platform Chehaoduo has raised $818 million in a Tencent Holdings-led Series C funding round, less than five months after it reached the unicorn status in late October. According to a China Money Network report, the Series C round of financing was also joined by a number of new… Continue reading Chinese car trading platform Chehaoduo raises $818m in Tencent-led funding

Toyota to form $2.8 bln venture with group cos for self-driving R&D

TOKYO (Reuters) – Toyota Motor Corp and group suppliers Denso Corp and Aisin Seiki Co said on Friday they would form a joint venture for researching and developing automated-driving technology, investing more than 300 billion yen ($2.8 billion). FILE PHOTO: A Toyota Motor Corp. logo is seen on a car at the International Auto Show… Continue reading Toyota to form $2.8 bln venture with group cos for self-driving R&D

Huawei automates Porsche Panamera

On the occasion of the mobile radio fair in Barcelona, ​​Huawei automated a Porsche with simple means. The model Panamera of the sports car manufacturer Porsche Has Huawei taken because he has no self-propelled technology and presented it to some media representatives. Huawei modified Porsche to the mobile radio fair. Source: CNET The modification of… Continue reading Huawei automates Porsche Panamera

Powerful cash injection for US high-carat startup: VW’s self-driving partner Aurora sank 90 million

All articles and backgrounds 03/02/2018 Powerful cash injection for US high-car startup VW’s self-driving partner Aurora sank $ 90 million DPA Aurora co-founder Chris Urmson receives $ 90 million from investors for his robotic car startup Just a year old and already a heavyweight in the field of autonomous driving: This lightning start has the… Continue reading Powerful cash injection for US high-carat startup: VW’s self-driving partner Aurora sank 90 million

Toyota Research Institute-Advanced Development (TRI-AD) Established in Tokyo To Provide Fully-Integrated, Production-Quality Software For Automated Driving

Toyota will establish a new company in Tokyo in the latter part of this month named “Toyota Research Institute-Advanced Development” (TRI-AD) that will accelerate its efforts in advanced development for automated driving.

Subaru Corporation Announces Top Management Change

March 2, 2018 Tokyo, March 2, 2018 – Subaru Corporation resolved the following top management change at a Board of Directors meeting today. Under the new management structure to be run by its rejuvenated executive team, Subaru aims to build a solid structure for sustainable growth as a high quality company, while addressing the drastic… Continue reading Subaru Corporation Announces Top Management Change

Subaru Corporation Announces Organizational and Management Changes(Effective March 31, 2018 and April 1, 2018)

Tokyo, March 2, 2018 – Subaru Corporation today announced the following organizational and management changes. 1. Organizational Changes (Effective April 1, 2018) < Establishment of “Tadashii-Kaisha” Promotion Department >Tadashii-Kaisha: A company doing the right thing in the right way.This department plans and promotes company-wide efforts and activities that will lead to building a company that is… Continue reading Subaru Corporation Announces Organizational and Management Changes(Effective March 31, 2018 and April 1, 2018)