LONDON, April 22 (Reuters) – Nissan will restart production at its Barcelona factory from May 4 and it will begin piloting safety measures at its British plant with the return of around 50 staff this week, the Japanese carmaker said on Wednesday. “The management team in Spain is working with the local works councils in… Continue reading Nissan to resume production at Spanish plant, pilot safety steps in UK
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Toyota’s South African unit sees 15-20% hit to production due to virus
FILE PHOTO: A logo of Toyota is pictured at Bangkok Auto Salon 2019 in Bangkok, Thailand, July 4, 2019. Picture taken July 4, 2019. REUTERS/Athit Perawongmetha JOHANNESBURG (Reuters) – The South African unit of Toyota (7203.T) could see its production drop by around 15-20% in 2020, its president and CEO Andrew Kirby said on Wednesday.… Continue reading Toyota’s South African unit sees 15-20% hit to production due to virus
VIRGINIA CENTER FOR INNOVATIVE TECHNOLOGY (CIT), UPS, DRONEUP, AND WORKHORSE GROUP TEST UNMANNED SYSTEMS FOR CORONAVIRUS RESPONSE
Collaborators seek ways to support US Coronavirus response amid social distancing protocols. Drones could add safety, speed, predictability, efficiency to healthcare logistics. Herndon, VA, April 21, 2020 (GLOBE NEWSWIRE) — Virginia’s Center for Innovative Technology (CIT) recently partnered with UPS’s (UPS) drone delivery subsidiary UPS Flight Forward (UPSFF) and drone technology companies DroneUp and Workhorse… Continue reading VIRGINIA CENTER FOR INNOVATIVE TECHNOLOGY (CIT), UPS, DRONEUP, AND WORKHORSE GROUP TEST UNMANNED SYSTEMS FOR CORONAVIRUS RESPONSE
SparkCharge raises $3.3 million to scale production of its portable, modular charger
SparkCharge, which was profiled in the July/August 2019 issue of Charged, has developed a portable, modular charger that’s designed to provide anytime/anyplace charging on demand. Now the company has announced the closing of $3.3 million in seed round financing led by Point Judith Capital (PJC) with participation from Revolution’s Rise of the Rest Seed Fund,… Continue reading SparkCharge raises $3.3 million to scale production of its portable, modular charger
Auto Trader Insight: cutting through the uncertainty of COVID-19
Advertisement feature from Auto Trader At a time of uncertainty, information is vital There’s no doubt that the impact of this coronavirus (COVID-19) outbreak has changed the retail landscape, and its effects will be felt for a long time to come. Whilst no one can predict when things will return to ‘normal’ at a time… Continue reading Auto Trader Insight: cutting through the uncertainty of COVID-19
Indian food delivery startup Swiggy is cutting about 1,000 jobs
Swiggy is cutting about 1,000 jobs, most from its cloud kitchen division, as India’s top food delivery startup scales back some of its businesses in response to the coronavirus pandemic that has drastically affected millions of firms. In a statement, the Bangalore-based startup said it was “evaluating various means to stay nimble and focus on… Continue reading Indian food delivery startup Swiggy is cutting about 1,000 jobs
No takers: Hyundai cars sit in U.S. ports as virus keeps buyers away
SEOUL (Reuters) – As Detroit’s automakers shut production in March due to the coronavirus pandemic, South Korea’s Hyundai Motor cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world’s fifth-largest auto group. FILE PHOTO: A man walks past the logo of Hyundai Motor… Continue reading No takers: Hyundai cars sit in U.S. ports as virus keeps buyers away
GM to end Maven car sharing service after four years
CLOSE General Motors’ car sharing service, Maven, provides access to vehicles for short-term rental. (Photo: John F. Martin, John F. Martin for General Motor) General Motors is ending its app-based car sharing service, Maven, after four years in operation. The automaker alerted its 230,000 customers Tuesday that, “Effective immediately, Maven Car Sharing will no longer be available.”… Continue reading GM to end Maven car sharing service after four years
Fiat Chrysler draws down on 6.25 billion euro credit facility
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo (Reuters) – Fiat Chrysler Automobiles N.V. (FCAU.N) (FCHA.MI) said on Tuesday it had drawn down on a 6.25 billion euro ($6.79 billion) credit line to buffer its cash reserves during the… Continue reading Fiat Chrysler draws down on 6.25 billion euro credit facility
GM exits car-sharing business and shuts down Maven
GM’s experiment with car sharing is over. The automaker Tuesday said its Maven car-sharing service, which launched in 2016, will shut down for good. Maven had paused service due to the COVID-19 pandemic. The company sent an email to customers Tuesday that after examining the business, the car-sharing industry and COVID-19, it decided to shutter… Continue reading GM exits car-sharing business and shuts down Maven