Category: Official Press Release

Markus Duesmann to be new Audi CEO

Markus Duesmann will become the new CEO of Audi on April 1, 2020. The 50-year-old mechanical engineer will succeed Bram Schot, who has held the position since June 2018. Duesmann has been active in the automotive industry for almost three decades, most recently as Board of Management Member for Purchasing at BMW. Bram Schot, 58,… Continue reading Markus Duesmann to be new Audi CEO

Groupe PSA: Handicap International and PSA Foundation sign a partnership for a Road Prevention Project in India

Road safety actions with 1,500 students from two schools in Chennai Multimedia awareness campaign targeting 200,000 children, adolescents and young adults Launch of the program on November 15 at Madras Christian College Higher Secondary School “We are very proud to enter into this partnership with Handicap International in India in a new territory where Groupe… Continue reading Groupe PSA: Handicap International and PSA Foundation sign a partnership for a Road Prevention Project in India

Hyundai: Hyundai Motor Group Launches Future Mobility Venture MoceanLab

MoceanLab to provide mobility services in Los Angeles starting with its pilot carshare service, Mocean Carshare Hyundai Motor Group today established MoceanLab, a mobility service venture, as part of the Group’s larger initiative to create a sustainable, connected future. MoceanLab will provide mobility services in the City of Los Angeles, and expand its services to… Continue reading Hyundai: Hyundai Motor Group Launches Future Mobility Venture MoceanLab

Lyft Adds Thousands of Hybrids to its Rental Car Fleet, Expanding on Recent Sustainability Efforts

In 2019, we added electric vehicles (EVs) to our rental car fleet, providing a cleaner transportation option for Lyft riders, and increasing net earnings for our driver community. But our work was not yet done: more drivers expressed interest in fuel-efficient vehicles than there were EVs available, so additional cars were needed to meet the… Continue reading Lyft Adds Thousands of Hybrids to its Rental Car Fleet, Expanding on Recent Sustainability Efforts

Press: ZF and Danfoss Seal Strategic Partnership

“This is a robust long-term partnership that enables ZF and Danfoss to pool their strengths. Coming together on this opens up significant innovation potential to improve the technical and commercial competitiveness of our inverters. We will utilize this advantage in all our drivetrain applications, from hybrid up to full electric applications,” explains Jörg Grotendorst, Head… Continue reading Press: ZF and Danfoss Seal Strategic Partnership

Alabama-built Hyundai Santa Cruz pickup in the works

Hyundai has confirmed plans for an Alabama-built pickup called the Santa Cruz.Along with its sleek styling, the Santa Cruz concept featured an extended cab with rear-hinged half-doors and a unique extendable bed that gave it the carrying capacity of a midsize pickup.Hyundai has not confirmed either feature or the final styling for the production vehicle.

German carmaker Daimler presents new business strategy for coming years

BERLIN, Nov. 14 (Xinhua) — The German car manufacturer Daimler on Thursday presented a new sustainable business strategy with a “clear commitment” to CO2-neutral mobility as well as cost-cutting measures.
According to Daimler, global regulatory CO2 targets would require ongoing high investment. The growing range of plug-in hybrids and all-electric vehicles was leading to cost increases that would have a negative impact on the return on sales of Mercedes-Benz cars.
In Daimler's core business alone, Mercedes-Benz Cars, the car manufacturer planned to save more than 1 billion euros (1.1 billion U.S. dollars) in personnel costs by the end of 2022. To this end, Daimler was seeking to cut jobs both in management and in non-production areas such as logistics and accounting.
According to Daimler, it would be in close contact with its employee representatives “in order to make the measures as acceptable as possible.”
With the business strategy, Daimler was also seeking to improve its free..

Daimler takes “reality check” on robotaxis

* Daimler says robotaxi tech proving difficult to perfect
* Benefits of such vehicles unclear
* CEO says to “rightsize” spend level on robotaxis
* Commercial vehicles may be more suited for assisted driving tech (Adds details)
FRANKFURT, Nov 14 (Reuters) – Daimler has taken a “reality check” on self-driving “robotaxis”, acknowledging that making them safe is proving harder than first thought amid questions over their future earnings potential.
Chief Executive Ola Kaellenius told journalists on Thursday Daimler would “rightsize” its spending level on robotaxis and that self-driving technology would more likely be applied to commercial vehicles for freight companies on long haul routes.
Carmakers raced to develop self-driving vehicles after Google presented a prototype car in 2012, leading Daimler to develop an autonomous Mercedes.
The idea of fleets of robotaxis picking up and ferrying customers around cities gained traction, driven by the stellar growth of ride services such as Uber an..

McLaren appeals to tailors, dressmakers & boat builders in recruitment for high-tech facility

British supercar maker McLaren is on the hunt for some unexpected recruits for its new £50m innovation and manufacturing facility in Yorkshire in the North of England. Applicants with experience in a wide variety of sectors from boat-building to the textiles trade and sporting goods industries are being encouraged to apply for the next wave… Continue reading McLaren appeals to tailors, dressmakers & boat builders in recruitment for high-tech facility