GMC teases its 1,000HP electric Hummer truck and SUV

Just as LeBron James is getting ready to take the court again for NBA games in Orlando, GMC has released a new advertisement featuring the basketball star teasing its upcoming EV. The video reveals both truck and SUV versions of the Hummer, which has previously promised a “quiet revolution” with 1,000 HP, 11,500lb/ft of torque… Continue reading GMC teases its 1,000HP electric Hummer truck and SUV

Enterprise Lowers Rental Age for College Students

Reservations must be made in advance and an official student ID must be presented at the time of rental. Photo via Wikimedia Commons/Concordia College. Starting this week through Sept. 30, 2020, Enterprise Rent-A-Car has lowered the minimum rental age to 18 years in the U.S. and Canada. The offer is valid for economy through full-size cars, minivans,… Continue reading Enterprise Lowers Rental Age for College Students

Renault handed ‘wake-up call’ with record 7 billion euro loss

PARIS (Reuters) – French carmaker Renault (RENA.PA) said it had been given a wake-up call on Thursday with a record net loss of 7.29 billion euros ($8.6 billion) in the first half of the year, inflicted by the COVID-19 crisis and troubles at its alliance partner Nissan (7201.T). FILE PHOTO: A Renault car is seen… Continue reading Renault handed ‘wake-up call’ with record 7 billion euro loss

Vietnam’s beGroup partners ComfortDelGro’s local unit to launch beTaxi

Vietnamese ride-hailer beGroup has partnered with Vinataxi, the local business of Singapore transport firm ComfortDelGro Corporation, to launch its beTaxi service. The new offering provides four-seater and seven-seater taxi booking for users, starting July 30. beGroup said, in a statement, the new service will help facilitate the transportation needs in peak hours when customers usually… Continue reading Vietnam’s beGroup partners ComfortDelGro’s local unit to launch beTaxi

Uber halts move of APAC headquarters from Singapore to Hong Kong

FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. Picture taken December 12, 2019. REUTERS/Luisa Gonzalez/File Photo SINGAPORE (Reuters) – Uber Technologies Inc said it will keep its Asia Pacific headquarters in Singapore at least until December 2022, pausing a potential plan to relocate to Hong Kong. The company… Continue reading Uber halts move of APAC headquarters from Singapore to Hong Kong

@VW Group: Volkswagen Group measures reduce the effects of Covid-19 in the first half of the year

Frank Witter, member of the Group Board of Management responsible for Finance and IT, said: “The first half of 2020 was one of the most challenging in the history of our company due to the Covid-19 pandemic. The health of our employees, customers and business partners is still the top priority. With our 100-points plan… Continue reading @VW Group: Volkswagen Group measures reduce the effects of Covid-19 in the first half of the year

Auto industry set to put brakes on central Europe’s COVID-19 recovery

BUDAPEST/PRAGUE (Reuters) – The auto industry, long a driver of economic growth in central Europe, is likely to be one of the main drags on the region’s efforts this year to recover from the impact of COVID-19. FILE PHOTO: Employees work on an assembly line as the Volkswagen construction plant reopens after shutting down due… Continue reading Auto industry set to put brakes on central Europe’s COVID-19 recovery

Press Releases – COVID: Stakes are high for European automotive recovery, new facts and figures show

Brussels, 30 July 2020 – The European Automobile Manufacturers’ Association (ACEA) has published its annual Pocket Guide that provides an overview of the EU auto industry, including the latest sector-specific data on employment, vehicle production and sales, road safety, R&D, the environment and trade flows. New data in this flagship publication confirm that the automobile… Continue reading Press Releases – COVID: Stakes are high for European automotive recovery, new facts and figures show

Sea Machines Raises $15M in Funding

Sea Machines Robotics, a Boston, MA-based developer of autonomous systems for ocean-going vessels and workboats, closed a new $15 million financing round. The round was led by Accomplice with further participation by Toyota AI Ventures, Brunswick Corp. (through investment partner TechNexus), Geekdom Fund, NextGen Venture Partners, Eniac VC, LaunchCapital and others. It included participation from… Continue reading Sea Machines Raises $15M in Funding

HONORING “LOCAL LEGENDS” DURING A TIME OF NEED

July 30, 2020 HONORING “LOCAL LEGENDS” DURING A TIME OF NEED Open share list Share this content. Life in Australia, as in most other countries around the world, has proved very challenging these past few months. In addition to managing the effects of the pandemic, the South Pacific nation has also had to contend with… Continue reading HONORING “LOCAL LEGENDS” DURING A TIME OF NEED