Ford Motor Co.’s incoming chief operating officer on Wednesday sought to calm investor concerns, emphasizing his top priority is to ensure the Dearborn automaker’s major vehicle introductions this year go smoothly. “Everyone at Ford Motor Co. knows the situation we’re in,” said Jim Farley, Ford’s strategy chief, said at a Wolfe Research conference in New York, likening the company’s… Continue reading A ‘sense of urgency’ at Ford, says automaker’s new chief operating officer
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FCA CEO Mike Manley received $12.5 million in compensation in 2019
Fiat Chrysler Automobiles NV CEO Mike Manley in 2019 received $12.46 million (11.45 million euro) in compensation for his first full year leading the Italian American automaker. In a filing Tuesday with the Securities and Exchange Commission, Fiat Chrysler said it neared the $14 million total pay target for Manley it had projected last year. The automaker was the first of Detroit’s… Continue reading FCA CEO Mike Manley received $12.5 million in compensation in 2019
MG Motor UK opens new dealership at historic Longbridge site
MG Motor UK has launch Paul Rigby MG Longbridge. Situated in the historic conference centre at the Longbridge site, the newly established dealership joins a growing network of MG retailers in and around the UK. Paul Rigby MG Longbridge represents the group’s first venture into the MG brand. Sam Rollason, sales manager at Paul Rigby… Continue reading MG Motor UK opens new dealership at historic Longbridge site
Glyn Hopkin opens its first official franchised Kia dealership in Romford
Glyn Hopkin has opened a new official franchised Kia dealership in Romford. The Kia dealership is a first for the group, which takes its brand count to 13. Fraser Cohen, managing director of Glyn Hopkin, said: “Kia is a progressive and highly respected brand in the UK, and this appointment marks an important development for… Continue reading Glyn Hopkin opens its first official franchised Kia dealership in Romford
Rybrook Group opens new Volvo dealership in Preston
Rybrook Group has added newly built Volvo site in Preston. This is the Group’s third Volvo location for the group alongside its existing sites in Warrington and Chester. The new site is an official Volvo Retail Experience location. The new retail concept aims to create an environment with high levels of visual transparency for customers,… Continue reading Rybrook Group opens new Volvo dealership in Preston
Tesla crash driver ‘was playing video game’
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California’s self-driving car companies cover 2.9 mln miles in 2019 – DMV
FILE PHOTO: A self-driving car from PolySync drives on the track during a self-racing cars event at Thunderhill Raceway in Willows, California, U.S., April 1, 2017. REUTERS/Stephen Lam (Reuters) – Self-driving car companies in California covered nearly 2.9 million miles on public roads during 2019, the state’s Department of Motor Vehicles said on Wednesday. The… Continue reading California’s self-driving car companies cover 2.9 mln miles in 2019 – DMV
Electrify Canada To Provide 2 Years Free Charging For VW e-Golf Owners
Electrify Canada’s newest charging agreement signals its continued commitment to increase electric vehicle adoption and awareness Toronto, ON (February 26, 2020) – Electrify Canada today announced its latest step in advancing electric vehicle (EV) adoption with a new charging agreement with Volkswagen Canada. This agreement will provide 2020 VW e-Golf drivers with two years of… Continue reading Electrify Canada To Provide 2 Years Free Charging For VW e-Golf Owners
Self-driving startup Pony.ai snaps up $462m from Toyota, others
The new funding round brings Pony.ai’s valuation to over US$3 billion. Go to Source
Online personal care brand LetsShave bags funding from Wipro
India-based LetsShave designs and manufactures quality razor blades, which it sells directly to consumers online. Go to Source