@BMW: New sales record: BMW M GmbH most successful manufacturer in its segment for the first time.

Munich. The BMW M GmbH has concluded the 2019 financial year with a new sales record. 135,829 performance/high-performance automobiles were sold. Compared with the previous year, the number of newly registered BMW M automobiles increased by 32.2 percent. With this result, the BMW Group subsidiary, which has the status of an independent automobile manufacturer, assumes the leading position… Continue reading @BMW: New sales record: BMW M GmbH most successful manufacturer in its segment for the first time.

Car company in transition: VW boss Diess: “If we continue at our current pace, it will be very tight”

VW CEO Herbert Diess The car manager appeals to its managers to face up to change. (Photo: AP) Berlin / Wolfsburg VW-Boss Herbert Diess is considered a man of quiet tones. All the more remarkable is the flaming appeal with which Diess swore his managers in a strategy speech on Thursday. This warned the managers… Continue reading Car company in transition: VW boss Diess: “If we continue at our current pace, it will be very tight”

Bolt raises €50M in venture debt from the EU to expand its ride-hailing business

Bolt, the billion-dollar startup out of Estonia that’s building a ride-hailing, scooter and food delivery business across Europe and Africa, has picked up a tranche of funding in its bid to take on Uber and the rest in the world of on-demand transportation. The company has picked up €50 million (about $56 million) from the European… Continue reading Bolt raises €50M in venture debt from the EU to expand its ride-hailing business

Roadster Salon’s First All-Electric Spider America Now Ready for Production

BARRINGTON, Ill., Jan. 16, 2020 /PRNewswire/ — Based on the beloved classic Fiat 124 convertible, The Spider America EV is the ultimate expression of Roadster Salon technology and craftsmanship. As seen in the Robb Report, https://robbreport.com/motors/cars/roadster-salone-1983-fiat-pininfarina-spider-america-ev-conversion-2891819/. Continue Reading The stunning Roadster Salon Spider America EV The resplendent Roadster Salon EV Jr The Spider America is… Continue reading Roadster Salon’s First All-Electric Spider America Now Ready for Production

@Daimler: Quiet and locally emission-free municipal use with a star: The all-electric Mercedes-Benz eEconic is coming

Daimler Trucks takes next logical step in truck electrification with battery-electric Mercedes-Benz eEconic eEconic is based on all-electric Mercedes-Benz eActros eEconic is ideal as waste-collection vehicle ideal in inner-city traffic due to high levels of ergonomics and safety. Electric drive has environmental and efficiency advantages Practical use of the eEconic is to start in 2021… Continue reading @Daimler: Quiet and locally emission-free municipal use with a star: The all-electric Mercedes-Benz eEconic is coming

Press Releases – Passenger car registrations: +1.2% in 2019; +21.7% in December

Brussels, 16 January 2020 – In December 2019, EU passenger car demand grew for the fourth month in a row (+21.7%), marking the highest December total on record to date. In December 2019, EU passenger car demand grew for the fourth month in a row (+21.7%), marking the highest December total on record to date.… Continue reading Press Releases – Passenger car registrations: +1.2% in 2019; +21.7% in December

Vertu Motors acquires four Sytner Group Volkswagen dealerships

Vertu Motors has added to the recent flurry of acquisitions and disposals within the Volkswagen retail network with the £8.8 million acquisition of four dealerships from Sytner Group. AM highlighted in this month’s magazine that a total of 10 VW dealerships changed hands during the last two months of 2019, with Sytner cutting its Volkswagen… Continue reading Vertu Motors acquires four Sytner Group Volkswagen dealerships

AEye Hires Veteran Financial Exec as VP of Finance

Andrea Haviley to Lead AEye’s Finance, Accounting and Growth Strategies as Company Scales Operations
Pleasanton, CA, December 12, 2019 – Today artificial perception pioneer AEye announced it has hired veteran financial executive Andrea Haviley as the company’s vice president of finance. Reporting to president Blair LaCorte, Haviley is responsible for driving AEye’s long-term and annual operating plans, capital financing, M&A, strategic initiatives and processes, as well as, building the finance team and implementing best practices across Finance, HR and IT to drive operational excellence as the company continues to expand and grow its business.
“We are thrilled that Andrea is bringing her deep financial expertise and acumen to AEye at this pivotal time in our growth,” said Blair LaCorte, president of AEye. “The complexity of our business is increasing as we expand our global OEM, tier 1 and automobility customer base, while moving into new markets. Andrea has a track record of excellence across corporate, operational and strategic finance roles, and she will be an asset to our maturing business.”
Haviley is a 25-year veteran in the field with a history of strong financial management. Prior to AEye, she served as director of operations finance at Veeva Systems, where she grew the team from a private company with approximately $50 million in subscription revenues to a public company with more than $1 billion in projected total revenues. Prior to Veeva, Haviley held corporate and operational finance roles at Taleo, PeopleSoft, Netscape, and Ernst & Young. She graduated from Cal Poly San Luis Obispo with a BS in Business Accounting, received her graduate MBA from UC Davis, and Fintech Premier Certification from Harvard University.
“I am excited to join AEye, a leader and disruptor in perception systems for autonomous vehicles,” said Haviley. “AEye has a powerful mission, vision and values, with a laser focus on innovation and execution, and executive leadership with depth of experience in both product and industry. I’m delighted to come on board at this pivotal time to prepare for high growth in 2020 and beyond.”
About AEyeAEye is an artificial perception pioneer and creator of iDAR™, a perception system that acts as the eyes and visual cortex of autonomous vehicles. Since its demonstration of its solid-state LiDAR scanner in 2013, AEye has pioneered breakthroughs in intelligent sensing. The company is based in the San Francisco Bay Area, and backed by world-renowned investors including Kleiner Perkins Caufield & Byers, Taiwania Capital, Hella Ventures, LG Electronics, Subaru-SBI, Aisin, Intel Capital, and Airbus Ventures.
Media Contact:
AEye, Inc.
Jennifer Deitsch
[email protected]
925-400-4366
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Eberspaecher Sharda JV opens plant in Pune to make BS VI CV exhaust systems for commercial vehicles

The managing directors of the partner companies officially opened the joint production plant for commercial vehicle exhaust systems. Eberspaecher Sharda Exhaust Technology, the Indian JV between Eberspächer Exhaust Technology International GmbH and Sharda Motor Industries, today officially opened its new production plant in Pune. The new joint venture, signed early in March 2019, will develop, produce and… Continue reading Eberspaecher Sharda JV opens plant in Pune to make BS VI CV exhaust systems for commercial vehicles

@Hyundai: Hub and PBV: The Essence of the Future Mobility

Hyundai aims to free future cities and people from constraints of time and space and allow them to create more value in their lives. [embedded content] [embedded content] Hyundai Motor Company has unveiled its innovative vision for urban mobility at CES(Consumer Electronics Show) 2020, for vitalizing human-centered future cities. Based on these mobility solutions, Hyundai… Continue reading @Hyundai: Hub and PBV: The Essence of the Future Mobility