Daimler-Chef Ola Källenius feels the success of the electric car market leaderTesla spurred on. “Maybe it’s not bad at all when a newcomer stirs up the situation,” he said to manager magazin. The US competitor’s share price in particular shows “the fantasy that lies behind the new mobility. We have to grow, and that also… Continue reading German Manager Magazin: Daimler AG: Ola Källenius sees Tesla as an incentive000264
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German Manager Magazin: Deutsche Bahn: Subsidiary Mobimeo buys mobility platform Moovel from Daimler and BMW000266
Next to the almost immoral offer from About for the taxi service FreeNow, which emerged from Mytaxi Daimlerand BMW found another exit from parts of their joint new mobility holding company YourNow. Its subsidiary Moovel will in future concentrate on the direct mobility services business with the “Reach Now” app. The entire division, which develops… Continue reading German Manager Magazin: Deutsche Bahn: Subsidiary Mobimeo buys mobility platform Moovel from Daimler and BMW000266
German Manager Magazin: Ola Källenius from Daimler AG: “We need a cultural change” 000265
The first 17 months as DaimlerBoss could hardly have gone worse for Ola Källenius (51). It issued profit warnings, failed product launches and savings plans, and there were no electric cars. In the interview, the Swede announced, in flawless German, a cultural change – and with it the departure from a course that he himself… Continue reading German Manager Magazin: Ola Källenius from Daimler AG: “We need a cultural change” 000265
German Manager Magazin: Uber offers BMW and Daimler more than one billion euros for FreeNow000264
The American taxi and mobility service Uber is offering well over a billion euros for the FreeNow joint venture between the car manufacturers BMW and Daimler. Uber wants the partners according to information from manager magazin each pay a high three-digit million amount . The decision to sell has not yet been made. Daimler boss… Continue reading German Manager Magazin: Uber offers BMW and Daimler more than one billion euros for FreeNow000264
Bollinger Motors founder and CEO on what’s next for the company – Yahoo Finance
Bollinger Motors Founder & CEO Robert Bollinger joins Yahoo Finance’s Pras Subramanian to break down the electric vehicle space and whether a SPAC IPO is in the cards. Video Transcript SEANA SMITH: Welcome back to “The Final Round.” electric automakers are certainly getting more and more attention from Wall Street to Main Street, and one… Continue reading Bollinger Motors founder and CEO on what’s next for the company – Yahoo Finance
Tesla rolls out early ‘Full Self-Driving’ mode with strict warning
Tesla has begun to roll out the ‘beta’ version of a ‘Full Self-Driving’ (FSD) mode for its cars – but it comes with some significant caveats. The software, which is now being trialled by a select number of ‘expert and careful’ drivers in the US, is said to enable Tesla drivers to “make lane changes off highway,… Continue reading Tesla rolls out early ‘Full Self-Driving’ mode with strict warning
Tesla argues no defect on suspension, says China is forcing unnecessary recall
Tesla is arguing that there’s actually no defect with its Model S/Model X suspension and that China is basically forcing an unnecessary recall. Earlier today, we reported on Tesla recalling almost 30,000 Model S and Model X vehicles that were shipped to China over an alleged issue with its suspension. As we stated in the… Continue reading Tesla argues no defect on suspension, says China is forcing unnecessary recall
A decade later, Team Trump pushing to restore pensions for Delphi retirees
The move, coming less than two weeks before the election, represents a potential victory for more than 20,000 retirees of the former parts giant. Go to Source
Tesla Is Recalling 30,000 Cars Because of Manufacturing Problems
Total Recall Tesla just recalled nearly every imported Model S and X sold in China because of defects with the vehicles’ suspension, Bloomberg reports. Vehicles sold between September 2013 and January 2018 are affected, a total of roughly 30,000, according to China’s State Administration for Market Regulation. Some cars may even have two defects. Tesla… Continue reading Tesla Is Recalling 30,000 Cars Because of Manufacturing Problems
Remsons Industries acquires UK based Magal Cables
MUMBAI:Remsons Industries, an automotive cable supplier on Friday announced the acquisition of UK based Magal Cables Ltd, a part of Arlington Group Engineering systems. Remsons acquired MCL, through a wholly owned subsidiary Remsons Holding Ltd, (incorporated in UK) for Rs 33 crore which was funded through internal accruals and debt. Magal Cables Ltd (MCL) has… Continue reading Remsons Industries acquires UK based Magal Cables