The main creditor of SsangYong Motor Co. said Tuesday it has yet to decide on the cash-strapped automaker’s push for a speedier bankruptcy procedure as SsangYong failed to receive approval from its potential buyer. The pre-packaged plan is a combination of workout and court protection under which a restructuring plan is agreed upon prior to… Continue reading World NM: No decision yet on Ssangyong Motor’s speedier bankruptcy plan: main creditor000815
Category: Official Press Release
World NM: Ford cars will run on Google’s Android starting in 2023000814
Ford and Google have announced a six-year strategic partnership under which vehicles from the brand, including Lincoln models, will run Android starting 2023. The new partnership will give millions of Ford cars access to Google’s suite of services like Google Maps and Google Assistant. The partnership will also mean Ford will employ Google Cloud as… Continue reading World NM: Ford cars will run on Google’s Android starting in 2023000814
Uber: Uber to Acquire Drizly
SAN FRANCISCO & BOSTON–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) and Drizly today announced that they have reached an agreement for Uber to acquire Drizly for approximately $1.1 billion in stock and cash. Drizly is the leading on-demand alcohol marketplace in the United States, available and designed to be fully compliant with local regulations in more… Continue reading Uber: Uber to Acquire Drizly
Doosan Bobcat Signs Multi-Year Agreement with Synchrony
“We partnered with Synchrony for its financial expertise and quality customer experience. Our dealers can count on Synchrony to provide their customers with access to excellent, simplified consumer financing options and service,” said George Macia, president of Doosan Bobcat Financial Services. “Synchrony’s solutions align with our commitment to providing Bobcat dealers with flexible financing and… Continue reading Doosan Bobcat Signs Multi-Year Agreement with Synchrony
Zero Electric Vehicles, Inc. (ZEV) Adds Three Critical Executives to Leadership Team
ZEV Brings On Key Leadership Roles in Automotive Software Engineering & Cloud Services, EV Battery and Fuel-Cell Science Tweet this Jonas has more than 20 years’ experience building and delivering successful products and services around new and emerging technologies, from telematics systems to holographic beam-forming satellite antennas. His M&A work in technical due diligence resulted… Continue reading Zero Electric Vehicles, Inc. (ZEV) Adds Three Critical Executives to Leadership Team
Vayyar’s industry-first in-cabin safety solution delivers multifunctionality on a single-chip platform, meeting numerous Euro NCAP standards
As part of the global effort to improve in-car safety, Euro NCAP is introducing stricter scoring criteria across all protocols, starting in 2023. Child Presence Detection (CPD) will be worth up to four points, while the existing requirement for front and rear Seat Belt Reminders (SBR) will become a precondition for achieving three additional Occupant… Continue reading Vayyar’s industry-first in-cabin safety solution delivers multifunctionality on a single-chip platform, meeting numerous Euro NCAP standards
@Ford: Ford Hires Renowned Architectural Arts Firm to Re-Create ‘Jaw-Dropping’ View for Michigan Central Station Visitors
DETROIT – More than three decades after the last train left Michigan Central Station, the building’s ornate interior will soon look as its creators envisioned more than a century ago. Ford Motor Company has brought on EverGreene Architectural Arts, one of the largest specialty contractors in the U.S., with a lengthy résumé of restoring historic… Continue reading @Ford: Ford Hires Renowned Architectural Arts Firm to Re-Create ‘Jaw-Dropping’ View for Michigan Central Station Visitors
@BMW: Harnessing the power of the desert sun: BMW Group sources aluminium produced using solar energy000883
Munich. The BMW Group will begin sourcing aluminium produced using solar electricity with immediate effect. This marks an important milestone on the road to the company’s goal of lowering CO2 emissions in its supplier network by 20% by 2030. Since producing aluminium is highly energy-intensive, the use of green power – such as solar electricity… Continue reading @BMW: Harnessing the power of the desert sun: BMW Group sources aluminium produced using solar energy000883
World NM: Ford, Google announce technology partnership000811
Ford and Google announced a new partnership Monday to allow Ford and Lincoln vehicle models will feature Android and Google apps and services built-in by 2023. Vehicles at all price levels will have access to Google’s offerings. The deal will fast track the implementation of data-driven business models where customers can receive real-time notices such… Continue reading World NM: Ford, Google announce technology partnership000811
@Ford: Ford Invests $1 Billion (R15.8) to Modernize, Expand South African Manufacturing for All-New Ranger; Adds 1,200 Jobs
New advanced technologies and systems will modernize and grow the Ford Silverton Assembly Plant to support expanded production of the all-new Ranger pickup truck, starting in 2022 Ford will hire an additional 1,200 team members to support expanded production, bringing its workforce in South Africa to 5,500 employees. The investment also will create an estimated… Continue reading @Ford: Ford Invests $1 Billion (R15.8) to Modernize, Expand South African Manufacturing for All-New Ranger; Adds 1,200 Jobs