Street scooter of Deutsche Post With the vehicle, Swiss Post has become a leading manufacturer of electric transporters. (Photo: AP) DüsseldorfDie German postal serviceSubsidiary Streetscooter sells for the first time electric van on a large scale to a single customer abroad. The British company Milk & More has ordered 200 of the electric vehicles, said… Continue reading Electric cars: Post delivers 200 street scooters to British milkmen
Category: News Type
End of 35 hours, negotiations open at PSA factory in Vesoul
The bargaining meeting will open Tuesday, May 29 at 1:30 pm between the management of PSA Vesoul and the trade unions. In mid-May, the management proposed a local agreement to increase the actual working time by 7.8%, from 7 hours to 7 hours 33 per day, or from 35 hours to 37 hours 45 per… Continue reading End of 35 hours, negotiations open at PSA factory in Vesoul
Mahindra Reaffirms its Commitment to South Africa with the Establishment of Local Assembly Facility
Mahindra Reaffirms its Commitment to South Africa with the Establishment of Local Assembly Facility Durban facility to assemble full Pik Up range enhancing local employment and skills Planned at the Dube Tradeport SEZ Company aims to source up to 40% of value locally Company aspires to leverage SA as base for future African exports Durban,… Continue reading Mahindra Reaffirms its Commitment to South Africa with the Establishment of Local Assembly Facility
Mercedes-Benz reaches 100,000 cars production milestone in India
NEW DELHI: India’s largest luxury car manufacturer Mercedes-Benz on Monday celebrated a historic milestone of rolling-out one lakh cars for the Indian market. The 100,000th car, which is an E-Class, rolled-out from the assembly line of company’s manufacturing facility at Chakan, by Roland Folger, Managing Director and CEO, Mercedes-Benz India and Piyush Arora, Executive Director,… Continue reading Mercedes-Benz reaches 100,000 cars production milestone in India
Grab launches a food delivery service in Southeast Asia
Fresh from completing its acquisition of Uber’s Southeast Asia business, ride-hailing firm Grab has officially launched its food delivery business — GrabFood — today. The service is already available in beta in a handful of countries, including Thailand, but now it is available in Singapore (Grab HQ) with plans to reach Grab’s core six markets… Continue reading Grab launches a food delivery service in Southeast Asia
JLR product boss: Driver’s cars will thrive despite greater autonomy
Enthusiast drivers are going to have more choice than ever before as autonomous technology is developed because car firms will be able to increasingly polarise their line-ups, according to Hanno Kirner, Jaguar Land Rover’s head of product strategy. Kirner believes that while many people will be happy to use autonomous cars day to day –… Continue reading JLR product boss: Driver’s cars will thrive despite greater autonomy
Grab Launches GrabFood Beta And Unveils Vision To Be An Everyday App
Singapore, 28 May 2018 – Grab today launched an islandwide beta of GrabFood in Singapore, and unveiled its vision of an everyday app for Southeast Asian consumers’ most essential daily services: transport, food, delivery, and payments. This move enables Grab to bring more Southeast Asians online, providing consumers, driver-partners, delivery-partners, and merchant-partners with better convenience… Continue reading Grab Launches GrabFood Beta And Unveils Vision To Be An Everyday App
Study – By 2030, hundreds of thousands of auto jobs will disappear: electric cars threaten 270,000 jobs in Europe in the long term
Electric cars drive much cleaner – but they also present enormous challenges to car manufacturers. A study by the consulting firm PA Consulting describes in detail how many jobs are at risk for automakers in Europe until 2030 – and which German carmakers are best equipped for the upheavals. The prognosis has it all: In… Continue reading Study – By 2030, hundreds of thousands of auto jobs will disappear: electric cars threaten 270,000 jobs in Europe in the long term
India’s correlation with global markets approaches 10-year low
By Masaki Kondo and Kartik GoyalA shrinking correlation between financial markets in India and those in the rest of the world is one reason to buy its assets. The weighted average correlation of India’s currency, bonds and stocks with those in other global economies fell to 0.32 last month, approaching a more than 10-year low… Continue reading India’s correlation with global markets approaches 10-year low
Mazda Celebrates 50 Million Vehicles Made in Japan
2018/05/28 Company Information HIROSHIMA, Japan – Mazda Motor Corporation has announced that cumulative production in Japan reached 50 million units on May 15. The company held a commemorative ceremony today at its Hofu Plant in Yamaguchi prefecture. Representative Director, President and CEO Masamichi Kogai, executive officers and union representatives were in attendance. The 50 million-unit… Continue reading Mazda Celebrates 50 Million Vehicles Made in Japan