KIA REVEALS FIRST IMAGES OF NEXT-GENERATION SORENTO More confident, mature and desirable exterior design Electrified power on offer for the first time in the Sorento line-up Progressive connectivity, driver assist and infotainment technologies Public debut at 2020 Geneva International Motor Show Kia Motors has revealed the first official images of the All-New Kia Sorento today,… Continue reading Kia Introduces Next-Gen Sorento: ‘Powerful’ PHEV Version Coming
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Dacia Confirms Geneva Debut Of EV Concept
Meet us on 3rd & 4th March 2020 to discover the latest news from Renault, Alpine and Dacia Boulogne-Billancourt, February 18, 2020 – As a pioneer and leader in electric vehicles in Europe, Renault will present its electric concept car MORPHOZ illustrating its vision of future mobility. New Twingo Z.E. and New Mégane Estate E-TECH Plug-in will make… Continue reading Dacia Confirms Geneva Debut Of EV Concept
Autoliv shows how to elevate road safety in India, reduce accidents and fatalities
Autoliv Inc, the global leader in vehicle safety systems, has released a series of recommendations to improve road safety in India. The recommendations have been developed in cooperation with the Indian government, local authorities, and stakeholders. India has one of the largest road networks in the world with approximately 5.6 million kilometres of roads. These… Continue reading Autoliv shows how to elevate road safety in India, reduce accidents and fatalities
Cabify Beats Uber, Lyft to Profitable Sustainability
Cabify says it is the first mobility company in the sector that is financially sustainable. Photo via Cabify. Cabify, a Spanish mobility as a service (MaaS) copany, achieved for the first time, in the last quarter of 2019, an operating profit or EBITDA for $3 million dollars. Cabify’s consolidated net revenues in 2019 amounted to $104 million, up 11% from… Continue reading Cabify Beats Uber, Lyft to Profitable Sustainability
What can businesses learn from the way Aston Martin Red Bull Racing uses digital simulations?
The high-octane sport of Formula One is a 200mph race for continuous development. For Aston Martin Red Bull Racing, that means executing more than 30,000 design and engineering changes a year – a feat made possible thanks to cutting-edge digital simulation and analytical tools. A constant flow of information helps the Team accelerate its car… Continue reading What can businesses learn from the way Aston Martin Red Bull Racing uses digital simulations?
Uber shuts its Los Angeles office and reportedly lays off about 80 people
Uber is closing its Los Angeles office, reportedly laying off about 80 staff members. According to the Los Angeles Times, the staff were informed, without warning, that their jobs would be shifted to Manila in the Philippines. The ride-hailing giant has reportedly culled more than 1,000 workers since going public last May. Earlier this month,… Continue reading Uber shuts its Los Angeles office and reportedly lays off about 80 people
Tesla Will Use Prismatic LFP Cells From CATL, Says British Company
First, Tesla and CATL confirmed they had signed a supply deal. Then Reuters said that CATL would sell Tesla a cobalt-free solution: lithium iron phosphate (LFP) cells. Now, Simon Moores, the managing director for Benchmark Mineral Intelligence, revealed that Tesla will buy prismatic LFP cells from CATL solely for cost reasons. Benchmark Mineral Intelligence presents… Continue reading Tesla Will Use Prismatic LFP Cells From CATL, Says British Company
UPDATE 2-General Motors to lay off all 1,500 plant workers in Thailand following sale
FILE PHOTO: A general view of the General Motors (GM) plant in the Eastern Seaboard Industrial Estate in Rayong province, Thailand February 22, 2011. REUTERS/Chaiwat Subprasom/File Photo BANGKOK (Reuters) – General Motors will begin laying off around 1,500 employees in Thailand in June, after announcing the sale of its production plants in the country, a… Continue reading UPDATE 2-General Motors to lay off all 1,500 plant workers in Thailand following sale
Renault shares fall after Moody’s cuts its debt to ‘junk’ status
PARIS (Reuters) – Renault’s (RENA.PA) shares fell on Wednesday after Moody’s cut its rating on the French carmaker’s debt to “junk” status, citing weaker profitability as the company restructures and grapples with falling demand. FILE PHOTO: The logo of French carmaker Renault is seen before the company’s 2019 annual results presentation at their headquarters in… Continue reading Renault shares fall after Moody’s cuts its debt to ‘junk’ status
Hyundai Motor chairman to give up board seat as succession looms
FILE PHOTO: Hyundai Motor Group Chairman Chung Mong-koo arrives to attend a hearing at the National Assembly in Seoul, South Korea, December 6, 2016. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – Hyundai Motor Group (005380.KS) Chairman Mong-Koo Chung plans to give up his board seat, in the latest sign that the octogenarian patriarch of South Korea’s… Continue reading Hyundai Motor chairman to give up board seat as succession looms