New Delhi: Home-grown auto major Tata Motors today said it will sell its defense business to group entity Tata Advanced Systems Ltd (TASL), subject to requisite approvals. The deal will not include the pure civilian vehicles which will continue to be with Tata Motors, the company said in a statement. The Board of Tata Motors… Continue reading Tata Motors to sell defence, aerospace business to Tata Advanced Systems
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Elon Musk said Tesla’s Uber-like car service will probably arrive by the end of 2019 (TSLA)
Tesla CEO Elon Musk gave an update on the company’s planned autonomous mobility service, known as the Tesla Network, during its first-quarter earnings call on Wednesday. Musk said the service will “probably” be ready by the end of 2019. The service will allow Tesla owners to include their vehicles in a network that will resemble… Continue reading Elon Musk said Tesla’s Uber-like car service will probably arrive by the end of 2019 (TSLA)
Tata Motors to sell defence and aerospace business to Tata Advanced Systems
Domestic PV and CV major Tata Motors has announced that its board has approved, subject to requisite regulatory and other approvals, to sell its defence and aerospace business to Tata Advanced Systems. The decision is as part of its ‘Turnaround 2.0’ plan, to take necessary steps to further its defence business by leveraging the scale… Continue reading Tata Motors to sell defence and aerospace business to Tata Advanced Systems
Tesla can detect dips in Autopilot usage by its fleet when there’s negative media coverage
Tesla CEO Elon Musk has been extremely critical of the way the media portrays accidents involving Tesla vehicles on Autopilot. Now, we have a better idea of why it bothers him so much. The CEO said that Tesla is actually able to detect dips in Autopilot use from its fleet when there’s negative media coverage.… Continue reading Tesla can detect dips in Autopilot usage by its fleet when there’s negative media coverage
Washé raises $3.5 million for its on-demand car washing service and biz platform
Another startup wants to make on-demand car washing work, where others have failed. Washé, a Boca Raton-based service for on-demand washes, has raised $3.5 million in seed funding to continue to grow its business, which involves a mobile app consumers use to connect with Washé’s network of around 1,000 licensed and insured car washing professionals.… Continue reading Washé raises $3.5 million for its on-demand car washing service and biz platform
Martin Winterkorn indicted in the US
Martin Winterkorn is said to be complicit in the VW emissions scandal: At least that’s what the US Department of Justice sees it – and accuses the former Volkswagen boss of complicity. Ex-VW boss Martin Winterkorn Thursday, 03.05.2018 22:11 clock The US Department of Justice accused Volkswagens former CEO Martin Winterkorn the complicity in the… Continue reading Martin Winterkorn indicted in the US
Movement in restructuring negotiations: PSA boss Tavares wants to present future plan for Opel
All articles and backgrounds 05/03/2018 Movement in restructuring negotiations PSA boss Tavares wants to submit a future plan for Opel DPA Opel boss Michael Lohscheller (r) and PSA CEO Carlos Tavares: “Opel and its employees must be respected” In the tug of war with the works council for the future of Opel, the powerful PSA… Continue reading Movement in restructuring negotiations: PSA boss Tavares wants to present future plan for Opel
Kia Fits Soul EV With Wireless Charging
HATCI and Mojo used a small fleet of Kia Soul EVs equipped with a wireless charging system rated at over 10 kW. The partners developed an 85% efficient system (grid to vehicle), even when misaligned. The bad news is that there is no current plan to offer the wireless charging system on production vehicles for sale… Continue reading Kia Fits Soul EV With Wireless Charging
Tesla quarterly figures: Elon Musk blasphemes about Daimler CEO Zetsche – “has no idea of physics”
Bizarre conference call: “Elon Musk has to behave smarter” Elon Musk is considered by many to be the enfant terrible of the tech industry. That the boss of Tesla, SpaceX and Boring Company can actually perform childishly, Musk proved on Wednesday night. That proves that now published the analyst conference call minutes to the Tesla-quarter… Continue reading Tesla quarterly figures: Elon Musk blasphemes about Daimler CEO Zetsche – “has no idea of physics”
Humble in tone, tough on the matter
He speaks of cultural change and humility: Herbert Diess wants to change Volkswagen. The focus will be on returns – and employees can expect little consideration. Thursday, 03.05.2018 5:42 pm She sounded good, the talk of Herbert Diess at the general meeting of Volkswagen shareholders in Berlin. The group must be “more honest, open and… Continue reading Humble in tone, tough on the matter