Category: News Type

New V-12 Apollo Intensa Emozione

Supercar start-up Apollo is an Italian based firm backed by Chinese capital investments. The Apollo Company has its evolution roots planted in German automobile manufacturing enterprise Gumpert. Roland Gumpert, the founder of Apollo, once held the position of director of Audi Sport. Under his management, Audi won a total of 25 World Rally Championship races… Continue reading New V-12 Apollo Intensa Emozione

FCA to review potential Magneti Marelli spinoff in second quarter

DETROIT (Reuters) – Fiat Chrysler Automobiles NV (FCA) (FCHA.MI) said on Wednesday that in the second quarter the automaker would review the possible spinoff of its Magneti Marelli unit. Last month FCA Chief Executive Officer Sergio Marchionne said he had recommended to the company’s board that the automaker spin off the maker of components for… Continue reading FCA to review potential Magneti Marelli spinoff in second quarter

Group 1 Automotive Appoints UK Operating Leader

HOUSTON, Feb. 28, 2018 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), (“Group 1” or the “Company”), an international, Fortune 500 automotive retailer, today announced that effective March 1, 2018, Group 1 Automotive will appoint Darren Guiver as managing director of its UK operations.   Mr. Guiver has worked for Group 1 in the UK since February 2016… Continue reading Group 1 Automotive Appoints UK Operating Leader

Anne Abboud appointed Senior Vice-President of PSA Retail

Anne Abboud is appointed Senior Vice-President, PSA Retail, effective 1st April 2018. She succeeds Xavier Duchemin appointed Europe Sales Director for Opel and Vauxhall on 1st March 2018. She will report to Jean-Philippe Imparato, Chief Executive Officer of Peugeot and member of Groupe PSA Executive Committee who will take over interim head of PSA Retail… Continue reading Anne Abboud appointed Senior Vice-President of PSA Retail

VW’s first electric bus begins service in mid-March

VW/Scania The I.D. Buzz might not be the first electric Volkswagen bus you see roaming the streets. VW’s Scania brand has announced that its first electric bus, the Citywide Low Floor, is going into full-fledged service in the Swedish town of Österlund in mid-March. And it’s not a tiny experimental run, either. The initial three… Continue reading VW’s first electric bus begins service in mid-March

Alexa is Aiming to Enter the Car Market

22:00 Anurag Rana Bloomberg Intelligence, Senior Analyst:Software & IT Services 22:00 Cory Johnson Bloomberg Editorial, Anchor/Editor-At-Large:Bloomberg TV 22:10 Bruce Douglas Bloomberg Editorial, Bloomberg Journalist 22:10 Brendan T Carr Self, FCC Commissioner 22:20 Caroline Hyde Bloomberg/ Newsroom:Qvs London, Reporter 22:30 Spencer Soper Bloomberg Editorial, Bloomberg Journalist 22:30 Selina Wang Bloomberg Editorial, Journalist 22:40 Ayman Al Hariri… Continue reading Alexa is Aiming to Enter the Car Market

Ballard Receives LOI For 40 Fuel Cell Engines To Power Van Hool Buses in Germany

Largest order ever for fuel cell buses in Europe Indicative of growing European interest in fuel cells for use in heavy duty transportation applications VANCOUVER and KONINGSHOOIKT, Belgium, Feb. 28, 2018 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced it has received a Letter of Intent (“LOI”) from Van Hool NV (“Van… Continue reading Ballard Receives LOI For 40 Fuel Cell Engines To Power Van Hool Buses in Germany

Aurora, Led by Google and Tesla Driverless Car Vets, Lands $90M

Aurora Innovation, a self-driving car startup whose founders have ties to Google, Tesla, and Uber, has raised $90 million in Series A funding co-led by Greylock Partners and Index Ventures. Along with the money, Greylock and Index are adding a member each to Aurora’s board of directors: Reid Hoffman, the co-founder of LinkedIn and partner… Continue reading Aurora, Led by Google and Tesla Driverless Car Vets, Lands $90M

Ford is laying the groundwork for autonomous ride-hailing and delivery in Miami (F)

BI Intelligence This story was delivered to BI Intelligence Transportation and Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. Ford is setting up the foundation for a wide-ranging autonomous mobility and delivery services project in Miami, Florida, reports Recode. The automaker is establishing partnerships… Continue reading Ford is laying the groundwork for autonomous ride-hailing and delivery in Miami (F)