The divided star – Dieter Zetsche assigns his legacy: The new power quartet at Daimler

The solo for overboss Zetsche has an end: the car maker will be controlled by a four-pointer in the future. MANAGER MAGAZINE 2018/1 DIETER-SHOW CEO Dieter Zetsche finds a new role Companies                   COMPANIES DAIMLER Dieter Zetsche arranges his heritage. The CEO splits the group and redistributes power. Four very different men will steer the carmaker… Continue reading The divided star – Dieter Zetsche assigns his legacy: The new power quartet at Daimler

Asia tech news roundup – Jan 10

Checking stock before it gets sent to buyers. Photo credit: Leflair APAC Mining, NiYO, and Leflair were a few of the startups that announced funding in Asia Pacific today, while news emerged of Line’s plans to support cryptocurrencies. Fintech Lendingkart secures US$4.7 million in debt funding (India). The online lender for small businesses netted the… Continue reading Asia tech news roundup – Jan 10

Fiat Chrysler turbo engine built in Trenton is built for the future

Fiat Chrysler Automobiles is producing a new turbocharged 4-cylinder engine in Trenton, Mich.(Photo: Fiat Chrysler Automobiles) Is Fiat Chrysler building a future-proof engine? The new 2.0-liter inline turbocharged 4-cylinder engine now being built at the company’s Trenton Engine Complex could be close, according to one expert, who notes its adaptability. “It’s almost future proof,” said Bill… Continue reading Fiat Chrysler turbo engine built in Trenton is built for the future

TomTom Cooperates with Zenuity, Baidu & Qualcomm

The industry participants are moving closer together: TomTom, Baidu and Qualcomm on maps. The map service provider and competitor of HERE. TomTom, has on the CES 2018 new map services introduced: TomTom AutoStream and TomTom MotionQ. TomTom HD cards. Source: TomTom The AutoStream service is a map-providing service for up-to-date data, such as the curve… Continue reading TomTom Cooperates with Zenuity, Baidu & Qualcomm

E-car startups Nio and Byton rely on electric SUVs: China’s new Tesla rivals – that’s how far they are already

24/11/2017 E-car startups Nio and Byton rely on electric SUVs China’s new Tesla rivals – they are already here They have potent Chinese backers on their backs, bring loads of Western auto engineers on board and are already the first electric electric SUV ready series: A handful of startups from China wants to resist the… Continue reading E-car startups Nio and Byton rely on electric SUVs: China’s new Tesla rivals – that’s how far they are already

Bosch Group sells starter motor division to ZMJ  

The Bosch Group’s well-established starter motor and generator division has completed its transition to an independent company and will operate as SEG Automotive, effective immediately, including the local division SEG Automotive India. The company’s new owner is Zhengzhou Coal Mining Machinery Group Co (ZMJ) and an investment group. SEG Automotive India is an integral part… Continue reading Bosch Group sells starter motor division to ZMJ  

Renault-Nissan-Mitsubishi launch $1 bln venture capital fund

TOKYO, Jan 10 (Reuters) – The Renault-Nissan-Mitsubishi alliance said it is setting up a venture capital fund that plans to invest as much as $1 billion over five years, the latest move by major carmakers as they seek to adapt to rapid industry change by investing in startups. It is set to be largest corporate… Continue reading Renault-Nissan-Mitsubishi launch $1 bln venture capital fund

DiDi completes 7.43b rides in 2017

A mobile phone user uses the taxi-hailing and car-service app DiDi Chuxing, Feb 22, 2015. [Photo/IC] BEIJING — Chinese ride-hailing giant DiDi Chuxing completed 7.43 billion rides for 450 million users in more than 400 cities across China last year, the company announced Monday. The record high number of rides, which does not include bike-sharing… Continue reading DiDi completes 7.43b rides in 2017

Didi to roll out all-inclusive bike-sharing platform

A mobile phone user uses the taxi-hailing and car-service app Didi Chuxing, Feb 22, 2015. [Photo/IC] Didi Chuxing, China’s largest ride-sharing company, announced on Tuesday that it will soon launch a comprehensive bike-sharing platform within its app, which will integrate Ofo Inc, Bluegogo, and other potential bike-sharing partners, as well as Didi’s upcoming own-branded bike-sharing… Continue reading Didi to roll out all-inclusive bike-sharing platform

Ford’s plan for a ‘smart city’: Join transit cloud

Ford imagines a network of technologies they call the Transportation Mobility Cloud, which the automaker is developing with Silicon Valley start-up Autonomic. At the center is a “cloud”-based platform that Ford thinks can improve city streets by using advanced data-sharing and, of course, self-driving cars.(Photo: Ford) Las Vegas — Facing pressure to demonstrate Ford Motor… Continue reading Ford’s plan for a ‘smart city’: Join transit cloud