Paul Newton, President and CEO of Car Care Plan, Marcel De Rycker, Managing Director of International Warranty Solutions, Axel Berger, President and CEO of CarGarantie. IWS for International Warranty Solutions, is the name of this joint venture created by the two guarantors whose goal is to offer manufacturers and distributors uniform guarantee programs on an… Continue reading A JV between CarGarantie and Car Care Plan
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Airbus Supplier GKN Spurns $9.5 Billion Bid
GKN Plc rejected an unsolicited approach from Melrose Industries Plc and said it will split itself in two rather than than accept a 7 billion-pound ($9.5 billion) takeover offer that it says undervalues the U.K. maker of aerospace and automotive components. GKN shares surged as much as 28 percent to an all-time high after the… Continue reading Airbus Supplier GKN Spurns $9.5 Billion Bid
GM unveils autonomous Bolt EV without steering wheel or pedal, aims to bring it to market next year
Today, GM unveiled the first image of its upcoming autonomous fourth-generation Bolt EV-based vehicle – the first without a steering wheel or pedal. The automaker also says that it filed a petition asking the DOT permission to deploy the vehicle as soon as next year. Home Solar Power The move represents an accelerated self-driving timeline… Continue reading GM unveils autonomous Bolt EV without steering wheel or pedal, aims to bring it to market next year
Warning strikes at BMW and Audi: IG Metall strikes the automaker
Warning strikes in the metal and electrical industry , “The warning strike engine is now warming up at the automakers.” (Photo: AP) The IG Metall wants with their warning strikes on Friday, especially the Bavarian carmaker BMW and Audi to meet. at BMW If the workforce in three of the four major plants in Dingolfing,… Continue reading Warning strikes at BMW and Audi: IG Metall strikes the automaker
Alabama incentives for Toyota-Mazda factory top $700 million
The new plant in Huntsville – already a hub for the region’s budding aerospace industry – will produce 300,000 vehicles per year, a combination of the Toyota Corolla compact car and a new small crossover SUV from Mazda. Production is targeted to begin by 2021. MONTGOMERY: Alabama’s total incentive package to Toyota and Mazda will… Continue reading Alabama incentives for Toyota-Mazda factory top $700 million
BYD launches unmanned driving system for monorail
Passengers can enter the SkyRail station using facial recognition. [Photo by Chai Hua/chinadaily.com.cn] China’s biggest electric carmaker BYD launched an unmanned driving system for its monorail train in Yinchuan, capital of the Ningxia Hui autonomous region, on Wednesday. The system will be officially put into use in the second quarter of 2018. It is the… Continue reading BYD launches unmanned driving system for monorail
Electric delivery van: Post expands workshop service for street scooters with BMW
Street scooter Work XL (Image: Deutsche Post) The German postal service want her StreetScooterMaking electric vehicles more customer-friendly and cooperating with the BMW subsidiary Alphabet. These take care of leasing as well as workshop and tire service. The post office, which uses its street scooter not only for parcel delivery, but also sold to other… Continue reading Electric delivery van: Post expands workshop service for street scooters with BMW
Brexit ‘could cost 14,000 jobs’ at German car suppliers
The UK is the largest export market for German car suppliers in Europe, with 18 percent of auto parts used in British factories coming from Germany — the home of industry giants Bosch, Continental and ZF Friedrichshafen.Frankfurt am Main: A worst-case Brexit scenario could put thousands of jobs at risk at German car parts suppliers,… Continue reading Brexit ‘could cost 14,000 jobs’ at German car suppliers
GM and Cruise reveal their fourth-generation, steering wheel-free Cruise AV
GM and Cruise are making progress on their plan to deploy autonomous vehicles on roads for the public: Today, it’s showing off its fourth-generation Cruise Autonomous Vehicle (AV), which comes just a few short months after it first revealed its third-generation vehicle. The fourth generation car is production-ready, according to GM’s Dan Ammann, who discussed… Continue reading GM and Cruise reveal their fourth-generation, steering wheel-free Cruise AV
China Digest: Tsign, HUAZHI, 4K Garden, Weacar, Fit-Start raise funds
January 12, 2018 China’s venture capital and private equity firms continue to invest in the country’s startup community. Here are some of the firms that received fresh funding from Chinese investors, based on a China Money Network Report. Tsign secures $23m in series B+ Hangzhou-based electronic signature service provider Tsign has secured $23 million in… Continue reading China Digest: Tsign, HUAZHI, 4K Garden, Weacar, Fit-Start raise funds