Toyota and Suzuki Agree to Start Discussing Joint Projects for Technological Development, Vehicle Production, and Market Development

Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) have agreed today to start discussing new joint projects in the fields of technological development, vehicle production, and market development. After having concluded a memorandum of understanding toward business partnership on February 6, 2017, Toyota and Suzuki have been pursuing concrete forms of cooperation and have… Continue reading Toyota and Suzuki Agree to Start Discussing Joint Projects for Technological Development, Vehicle Production, and Market Development

Autoliv Board approves completion of spin-off

Thu, May 24, 2018 17:00 CET –       Board of directors approves completion of spin-off and sets record date –       New board members of Veoneer –       Details on share distribution and first day of trading –       Bridge financing –       Details on second quarter reporting (Stockholm, Sweden, May 24, 2018) – Autoliv, Inc. (NYSE: ALV… Continue reading Autoliv Board approves completion of spin-off

Daimler informs about current status of action by the KBA regarding the Mercedes-Benz Vito

Stuttgart. Germany’s Federal Motor Transport Authority (KBA) has officially notified Daimler AG that it must carry out a recall of its Vito van model with the 1.6-liter diesel Euro 6 engine. According to the KBA’s interpretation of the law, the specific programming of two functions of the vehicle’s engine control does not comply with the… Continue reading Daimler informs about current status of action by the KBA regarding the Mercedes-Benz Vito

Returning to Detroit to Power Up Our Electrified, Self-Driving Future

Returning to Detroit to Power Up Our Electrified, Self-Driving Future By Sherif Marakby, Ford Vice President, Autonomous Vehicles and Electrification Employees gather for a quick huddle in Ford’s new offices in Detroit’s Corktown district. All over the world, you hear cities are changing rapidly. Here in Detroit, that’s irrefutable. We’re getting to see it firsthand,… Continue reading Returning to Detroit to Power Up Our Electrified, Self-Driving Future

Optimising flow within mobility systems with AI: The Turing and Toyota Mobility Foundation collaborate to modernise city planning and traffic management

The Alan Turing Institute and the Toyota Mobility Foundation are collaborating on a project to transform the way cities are planned and managed. The objective of this new project, ‘Optimising flow within mobility systems with AI’, part of the Turing’s new AI programme, is to transition complex traffic management from static systems into dynamic, optimized… Continue reading Optimising flow within mobility systems with AI: The Turing and Toyota Mobility Foundation collaborate to modernise city planning and traffic management

Groupe PSA Improves Its €3 Billion Revolving Credit Facility

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) signed, on May 24th 2018, with its banking partners, an amendment of its €3 billion syndicated credit facility. This amendment improves the economic conditions of this credit facility, signed on April 8th 2014 and amended on November 10th 2015, and extends its maturity. Thus, Groupe PSA benefits from… Continue reading Groupe PSA Improves Its €3 Billion Revolving Credit Facility