IoT connectivity and network insights through Tata Communications MOVE™ will safeguard data, help manufacturers introduce new in-vehicle services more quickly and ensure seamless user experiences for drivers Tata Communications, a global digital infrastructure provider, is working together with Microsoft to help speed up the development of new innovative connected car applications. By combining the IoT… Continue reading Tata Communications to accelerate development in connected cars with Microsoft Connected Vehicle Platform
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ZF and Danfoss ink strategic partnership for R&D and power modules
Harald Deiss, Head of ZF Business Unit Electronic Systems; Jorg Grotendorst, Head of ZF Division E-Mobility; Kim Fausing, CEO, Danfoss Group; and Claus A. Petersen, Head of Danfoss Silicon Power. ZF Friedrichshafen and Danfoss Silicon Power, a subsidiary of the Danfoss Group, the largest industrial company in Denmark, have stepped up their existing cooperation with… Continue reading ZF and Danfoss ink strategic partnership for R&D and power modules
Mercedes-Benz to axe more than 1,000 jobs in cost-cutting drive
Automotive industry Move blamed on heavy cost of investing in electric vehicles just as traditional car sales slow Mercedes-Benz aims to save €1.65bn as a result of the move. Photograph: Kai Pfaffenbach/Reuters Mercedes-Benz plans to save €1.65bn (£1.4bn) by cutting more than 1,000 jobs in the latest sign German carmakers are struggling to make big… Continue reading Mercedes-Benz to axe more than 1,000 jobs in cost-cutting drive
Ford to start taking reservations for electric SUV next week
(Reuters) – Ford Motor Co will start taking reservations for its electric sport utility vehicle, Mustang Mach-E, starting Nov. 17, when the U.S. automaker unveils the vehicle at an event in Los Angeles, the company said on Thursday. A reservation for the Mustang Mach-E can be made by paying a refundable deposit of $500, Ford… Continue reading Ford to start taking reservations for electric SUV next week
Tesla has a new big Megapack project to replace a gas peaker plant
Tesla is going to deploy its new energy storage product, the Megapack, in a new big project to replace a gas peaker plant in Southern California. After a year of anticipation, Tesla launched ‘Megapack’ earlier this year. It’s the company’s latest energy storage product, after the Powerpack and the Powerwall, and it is meant as an… Continue reading Tesla has a new big Megapack project to replace a gas peaker plant
Daimler seeks 1 billion euros in savings at Mercedes-Benz by cutting jobs
FILE PHOTO: A Mercedes-Benz Concept IAA car is displayed prior to the Daimler annual shareholder meeting in Berlin, Germany, April 6, 2016. REUTERS/Hannibal Hanschke FRANKFURT (Reuters) – Tougher emissions rules will hit Daimler’s profits in 2020 and 2021, prompting the German carmaker to seek more than 1 billion euros ($1.1 billion) in savings from cutting… Continue reading Daimler seeks 1 billion euros in savings at Mercedes-Benz by cutting jobs
Boeing drops automation system used to build 777 jets
(Reuters) – Boeing Co (BA.N) has abandoned a key automation system used to make fuselage sections for its 777 jetliners amid reports of reliability issues, and will instead partially switch back to mechanics, the planemaker said on Thursday. FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE)… Continue reading Boeing drops automation system used to build 777 jets
Daimler warns on profits as carmaker plans job cuts
The maker of Mercedes-Benz vehicles is grappling with the shift to electric vehicles Go to Source
Edited Transcript of WKHS earnings conference call or presentation 8-Nov-19 3:00pm GMT
Q3 2019 Workhorse Group Inc Earnings Call Overland Park Nov 14, 2019 (Thomson StreetEvents) — Edited Transcript of Workhorse Group Inc earnings conference call or presentation Friday, November 8, 2019 at 3:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Duane Hughes Workhorse Group Inc. – CEO & Director * Paul Gaitan;Chief Financial… Continue reading Edited Transcript of WKHS earnings conference call or presentation 8-Nov-19 3:00pm GMT
Hertz Europe Expands Subscription Service
The service includes unlimited mileage and a free additional driver, with fixed rates starting from €195 ($214) per month in Italy and Germany Photo via Depositphotos. Hertz Europe has expanded its monthly car subscription service, My Hertz Weekend, which is now available in France, Germany, Italy, Spain, and the United Kingdom. This flexible alternative to vehicle ownership provides customers with access to… Continue reading Hertz Europe Expands Subscription Service