Category: News Type

UPDATE 1-Hyundai invests in Grab to gain ‘foothold’ in Southeast Asia ride-hailing market

SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) said on Thursday it had invested in Southeast Asian ride-hailing firm Grab, as it seeks to expand into the region to reduce its reliance on China following a damaging diplomatic row between Seoul and Beijing. Hyundai’s first direct investment in a ride-hailing firm gives it a… Continue reading UPDATE 1-Hyundai invests in Grab to gain ‘foothold’ in Southeast Asia ride-hailing market

Uber rival Taxify expands into Lisbon while eyeing fresh funding

FRANKFURT (Reuters) – Taxify, Uber’s upstart European-based rival, is looking to expand during the coming year outside of the biggest cities in the more than 20 countries where it now operates into secondary markets, Chief Executive Markus Villig said on Thursday. The Estonia-based taxi-hailing platform active in Central and Eastern Europe and Africa, has taken… Continue reading Uber rival Taxify expands into Lisbon while eyeing fresh funding

Ford sued in federal court over claims of diesel emissions cheating

CLOSE Pushing the price boundaries again, Ford debuted the 2018 F-Series Super Duty Limited pickup truck Thursday at the State Fair of Texas that inches the once-humble haulers closer to the $100,000 mark. USA TODAY Ford Motor Co. is being sued over allegations that it cheated on diesel emissions testing.(Photo: Ford Motor Company) Super Duty… Continue reading Ford sued in federal court over claims of diesel emissions cheating

Xpeng Motors premieres its EV-G3 at 2018 International with 4 prominent attributes to Usher in A new Era of Autonomous Driving Experience.

LAS VEGAS, Jan. 10, 2018 /PRNewswire/ — On January 9, Xpeng Motors debuts its ready-to-sell production car at the International CES 2018 in Las Vegas, NV, USA. It is also the first mass production version of the intelligent car released by Chinese carmakers at CES. Xpeng Motors named its first production model G3. “G” is… Continue reading Xpeng Motors premieres its EV-G3 at 2018 International with 4 prominent attributes to Usher in A new Era of Autonomous Driving Experience.

Toyota C-HR leads the pack as the top-selling new SUV in 2017

Toyota City, Japan, January 11, 2018―Toyota Motor Corporation today revealed strong results for its C-HR model in 2017(Jan.-Dec.), with sales topping 117,299 units1, earning the top spot among all automakers in the number of new SUVs sold in Japan in 2017. The C-HR debuted in December 2016 as an SUV that reflects Toyota’s commitment to… Continue reading Toyota C-HR leads the pack as the top-selling new SUV in 2017

We’re growing our relationship with Baidu to create indoor maps

We’re proud to announce that we will broaden our collaboration with the Chinese firm Baidu to power Baidu Maps’ indoor map data for locations outside of China. We at HERE are excited to be building and expanding our successful business relationship with Baidu. For the last three years, we’ve been powering the street and satellite… Continue reading We’re growing our relationship with Baidu to create indoor maps

Hyundai Motor and Grab Sign Strategic Partnership to Expand Mobility Service

SEOUL, South Korea and SINGAPORE, Jan. 10, 2018 /PRNewswire/ — Hyundai Motor Company, South Korea’s largest automaker, and Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia, today announced a strategic partnership that will expand Hyundai’s innovative future mobility services in Southeast Asia. The strategic partnership will help Hyundai explore new opportunities in the… Continue reading Hyundai Motor and Grab Sign Strategic Partnership to Expand Mobility Service

Toyota sees U.S. auto industry 2018 sales at 16.8 mln units -exec

(Reuters) – Toyota Motor Corp (7203.T) sees U.S. auto industry new vehicle sales at 16.8 million units in 2018, Jim Lentz, the Japanese automaker’s top executive in North American told Reuters on Wednesday. U.S. new vehicle sales fell 2 percent in 2017, after hitting a record high in 2016, and are widely expected to fall… Continue reading Toyota sees U.S. auto industry 2018 sales at 16.8 mln units -exec

Argo AI self-driving test car hit in Pittsburgh as truck runs red light

One of the test cars Argo AI operates in its Pittsburgh fleet was involved in an accident on Wednesday, with two people sent to hospital (n stable condition) with injuries as a result of the accident. The incident appears to have been caused by a light box truck driving through a red light, rather than… Continue reading Argo AI self-driving test car hit in Pittsburgh as truck runs red light