The major car manufacturers have agreed on a common software for the AdBlue dosage. One goal: to deceive the US authorities. Sometimes a few e-mails are enough to distress a global corporation. “No one wants to report the true motivation to the authorities (CARB, EPA),” says an electronic presentation sent by a VW manager after… Continue reading Do not contradict
Category: News Site
BMW recalls 324,000 cars in Europe after Korean engine fires -FAZ
FRANKFURT (Reuters) – German luxury carmaker BMW (BMWG.DE) is recalling about 324,000 diesel vehicles in Europe to fix a technical fault that has caused engine fires in South Korea, German newspaper Frankfurter Allgemeine Zeitung (FAZ) said. FILE PHOTO: The logo of German car manufacturer BMW is seen on the bonnet of a vehicle covered with… Continue reading BMW recalls 324,000 cars in Europe after Korean engine fires -FAZ
Saudi Arabia’s sovereign wealth fund builds $2bn Tesla stake
Investment vehicle overseen by Mohammed bin Salman acquired 3%-5% of shares this year
Ford brings ‘exosuits’ to 15 factories
Carmaker Ford has given mechanical “exosuits” to 75 workers at 15 of its factories globally, following successful trials of the technology. The devices, called EksoVests, wrap around employees’ upper bodies and provide assistance when lifting or reaching overhead. It is hoped the suits will lower injuries from repetitive motion. One industry watcher said it was… Continue reading Ford brings ‘exosuits’ to 15 factories
Self-driving truck startup Kodiak Robotics raises $40 million
In Don Burnette and Paz Eshel’s view, trucking is the killer app for self-driving technology. It’s what led Burnette to leave the Google self-driving project and co-found Otto in early 2016, along with Anthony Levandowski, Lior Ron, and Claire Delaunay. And it’s what would eventually prompt Burnette to leave Uber— href=”https://techcrunch.com/2016/08/18/uber-acquires-otto-to-lead-ubers-self-driving-car-effort-report-says/”>the company that acquired Otto—and co-found… Continue reading Self-driving truck startup Kodiak Robotics raises $40 million
Waymo is worth $100 billion more than previous estimates, Morgan Stanley says (GOOGL)
The valuation estimates keep climbing for Alphabet ‘s self-driving car unit, Waymo. In a note to clients Tuesday, Morgan Stanley estimated the division, which graduated from Google’s secretive X lab to full-fledged subsidiary in 2016, could now be worth a whopping $175 billion thanks to three key business areas. “One of the most common Waymo… Continue reading Waymo is worth $100 billion more than previous estimates, Morgan Stanley says (GOOGL)
Indian cab-hailing giant Ola will launch in the UK to challenge Uber — and they both share a big investor
Indian ride-hailing company Ola plans to launch in the UK, signalling more competition for incumbent Uber. Ola will open operations in Greater Manchester and south Wales, including capital Cardiff, within the next month. The company said it was working with regulators to launch nationwide by the end of the year, but is yet to submit… Continue reading Indian cab-hailing giant Ola will launch in the UK to challenge Uber — and they both share a big investor
Daimler abandons Iran expansion plans as sanctions bite
BERLIN (Reuters) – German car and truck manufacturer Daimler (DAIGn.DE) on Tuesday said it has dropped plans to expand its Iran business in reaction to renewed U.S. sanctions, which come into effect on Tuesday. FILE PHOTO: FILE PHOTO: The Mercedes-Benz logo is seen before the company’s annual news conference in Stuttgart, Germany, February 4, 2016.… Continue reading Daimler abandons Iran expansion plans as sanctions bite
Ford executive said to leave over ‘accusations of inappropriate behavior’
Pradeep Gaur | Mint | Hindustan Times | Getty Images Ford global director of program management Prakash Patel at a launch of a Ford Mustang on January 28, 2016 in New Delhi, India. A high-profile executive at Ford has reportedly left the company over accusations of inappropriate behavior, according to an article in Automotive News… Continue reading Ford executive said to leave over ‘accusations of
inappropriate behavior’
French carpooling firm BlaBlaCar acquires Russia’s BeepCar
August 7, 2018 French carpooling platform BlaBlaCar has acquired Russian counterpart BeepCar from internet company Mail.Ru Group, according to an official statement. Financial terms of the acquisition were not disclosed. BlaBlaCar and Mail.Ru also announced a new partnership, which will see the French startup committing to further promote carpooling through Mail.Ru Group platforms, which include… Continue reading French carpooling firm BlaBlaCar acquires Russia’s BeepCar