PSA and Fiat-Chrysler face exhaustive antitrust probe over merger Read M&A insights you won’t find elsewhere Exclusive scoops Smart data to help spot risk and opportunity Analysis of broader trends in M&A Lex, our agenda-setting business commentary (Premium only) Due Diligence, an exclusive M&A newsletter (Premium only) Choose your subscription Trial Not sure which package… Continue reading PSA and Fiat-Chrysler face exhaustive antitrust probe over merger
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Lidar: SOS LAB raises $ 8 million
The start-up SOS LAB has raised eight million US dollars for its lidar development. The Lidar is still considered an important sensor in autonomous driving, even if the companies increasewho try it without – but what not always fully successful. Lidar pictures Investments in technology and related companies continue, and recently SOS LAB from South… Continue reading Lidar: SOS LAB raises $ 8 million
Subaru extends test site in Japan
The manufacturer Subaru is investing 30 billion yen in the expansion of its test site for autonomous driving and Co. Subarus stereo camera for EyeSight System The manufacturer Subaru is rather cautious about autonomous driving, but now you are launching heavy guns. With a total of 30 billion yen, which is 250 million euros, the… Continue reading Subaru extends test site in Japan
Counter the IIHS study
The IIHS study on reduced accident prevention through autonomous driving is criticized by the industry. Autonomous driving, some manufacturers promise, will increase road safety and reduce the number of accidents. Autonomous driving, so further arguments, would Vision Zero (no traffic fatalities) within reach. A study of insurance related IIHS unearthed another account. Only 30 percent… Continue reading Counter the IIHS study
Uber Trials Daily Car Rentals in Australia
To use Uber Rent, Uber clients in Brisbane must update the Uber app that allows them to select a rental. Photo via Uber. Uber has launched a new platform — Uber Rent — that allows ride-hail customers to rent a car. Brisbane, Australia is the first city to trial the service, according to an Uber… Continue reading Uber Trials Daily Car Rentals in Australia
Uber shares tumble 5% as reports indicate it will lose Grubhub deal to European rival
Update: Just Eats Takeaway confirmed today in a release that “it is in advanced discussions with Grubhub regarding an all-share combination of Just Eat Takeaway.com with Grubhub.” More when we have it. Reports this morning indicate that Uber, the American ride-hailing giant with a global footprint, will lose out on its attempt to buy Grubhub, an… Continue reading Uber shares tumble 5% as reports indicate it will lose Grubhub deal to European rival
UPDATE 2-Ford, VW target 8 mln vehicles in van alliance
FILE PHOTO: The corporate logo of Ford is seen at Brussels Motor Show, Belgium January 9, 2020. REUTERS/Francois Lenoir (Reuters) – Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE) said on Wednesday they would make up to 8 million units of medium pickup trucks and commercial vans during the lifecycle of the vehicles as part… Continue reading UPDATE 2-Ford, VW target 8 mln vehicles in van alliance
Ford to return to pre-COVID production rates in U.S. plants by early July, COO says
DETROIT (Reuters) – Ford Motor Co (F.N) expects to have its U.S. vehicle assembly plants return by early July to building at the rates they did before the coronavirus pandemic shut down the U.S. auto industry for two months, a top executive said on Wednesday. FILE PHOTO: Jim Farley, President, Global Markets, Ford Motor Company,… Continue reading Ford to return to pre-COVID production rates in U.S. plants by early July, COO says
Tesla to accelerate production of Semi trucks: memo
SHANGHAI (Reuters) – Tesla Inc Chief Executive Elon Musk has told his staff it was time to bring the Tesla Semi commercial truck to “volume production,” a message that coincides with a surge in the share price of rival clean truck maker Nikola Corp. FILE PHOTO: Tesla’s new electric semi truck is unveiled during a… Continue reading Tesla to accelerate production of Semi trucks: memo
UPDATE 2-Ford to return to pre-COVID production rates in U.S. plants by early July, COO says
DETROIT (Reuters) – Ford Motor Co (F.N) expects to have its U.S. vehicle assembly plants return by early July to building at the rates they did before the coronavirus pandemic shut down the U.S. auto industry for two months, a top executive said on Wednesday. FILE PHOTO: Jim Farley, President, Global Markets, Ford Motor Company,… Continue reading UPDATE 2-Ford to return to pre-COVID production rates in U.S. plants by early July, COO says