Trifacta, a San Francisco, CA-based data wrangling company, secured $100m in financing. Backers included Telstra Ventures, Energy Impact Partners, NTT DOCOMO Ventures, BMW iVentures, ABN AMRO Digital Impact Fund, Accel Partners, Cathay Innovation, Google, Greylock Partners, Ignition Partners, and Infosys. The company intends to use the new capital to accelerate adoption of its data wrangling… Continue reading Trifacta Secures $100M in Funding
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Osram advises investors to accept $4.8 billion offer from AMS
VIENNA (Reuters) – German lighting group Osram (OSRn.DE) advised its shareholders on Monday to accept a 4.3 billion euro ($4.8 billion) takeover bid from AMS (AMS.S) (AMS.VI) and sell their shares to the Austrian sensor specialist, saying the offer was economically attractive. FILE PHOTO: The logo of German lighting manufacturer Osram is seen behind light… Continue reading Osram advises investors to accept $4.8 billion offer from AMS
UK Government Invests £400 Million Into Electric Car Charging Stations
Some of that money will be spent on building 3,000 new rapid charging points. The government has announced a £400 million investment in electric vehicle charging infrastructure that will see the number of British rapid charge points double. According to the Department for Transport (DfT), the first £70 million of the government’s money will be… Continue reading UK Government Invests £400 Million Into Electric Car Charging Stations
Auto workers to strike over GM contract talks impasse, union says
General Motors 49,000 members at General Motors plants will go on strike on Sunday night after negotiations had broken down The United Auto Workers union called a strike against General Motors on 15 September, with members set to walk off the job beginning at midnight. Photograph: Jeff Kowalsky/AFP/Getty Images The United Auto Workers union has… Continue reading Auto workers to strike over GM contract talks impasse, union says
After GM talks hit impasse, UAW workers to strike as of Sunday night
DETROIT (Reuters) – The United Auto Workers (UAW) said on Sunday that its roughly 48,000 hourly workers at General Motors Co facilities would go on strike as of midnight Sunday after labor contract talks reached an impasse over wide-ranging issues from wages to health care benefits and temporary workers. A member of United Auto Workers,… Continue reading After GM talks hit impasse, UAW workers to strike as of Sunday night
BMW Launches Battery Module/Pack Production In Thailand
Localization of battery pack assembly progresses as BMW adds a new facility for high-voltage battery assembly. BMW, as promised in 2018, launched battery module and battery pack production in Thailand, in partnership with the DRÄXLMAIER Group, one of its long-term automotive suppliers. Complete batteries will then be transported to Amata City Industrial Estate, Rayong province… Continue reading BMW Launches Battery Module/Pack Production In Thailand
BMW M Boss Hints Standalone Sports Car Is Coming
It would likely be a full EV, possibly a PHEV. The BMW M Division will allegedly have its own, standalone model for the first time since the famous M1 supercar (pictured below). In an interview with Top Gear, M Division head Markus Flasch says, “we have some very concrete plans for something new.” He suggests the vehicle wouldn’t… Continue reading BMW M Boss Hints Standalone Sports Car Is Coming
UAW says ‘significant’ differences remain as contract deadline looms
CLOSE With just hours left before the UAW contract with General Motors expires, UAW leadership told members that “significant differences” remained over key issues and bargaining would continue right up to the 11:59 p.m. Saturday deadline. In a letter sent to union officers Saturday evening, UAW Vice President for General Motors Department Terry Dittes said the contract… Continue reading UAW says ‘significant’ differences remain as contract deadline looms
Elon Musk wants to fix Tesla’s logistic issues by taking a page out of Amazon’s book
Elon Musk held a call with Tesla employees this week in which he emphasized that Tesla needs to move cars out of the factory faster in order to fix the automaker’s logistic problems. He made several comparisons to Amazon. Tesla is not like other automakers in many ways. One of those ways is that Tesla… Continue reading Elon Musk wants to fix Tesla’s logistic issues by taking a page out of Amazon’s book
BMW engine development expert Duesmann set to become Audi chief in April: report
FILE PHOTO – Markus Duesmann, board member of German luxury carmaker BMW attends the company’s annual news conference in Munich, Germany, March 21, 2018. REUTERS/Michael Dalder BERLIN (Reuters) – BMW’s (BMWG.DE) engine development and purchasing expert, Markus Duesmann, is set to become the CEO of Volkswagen’s (VOWG.DE) Audi premium brand, after BMW dropped its opposition… Continue reading BMW engine development expert Duesmann set to become Audi chief in April: report