FILE PHOTO: Hyundai cars leave a plant of Hyundai Motor Co in Beijing, China, August 30, 2017. REUTERS/Thomas Peter SEOUL (Reuters) – Hyundai Motor said on Friday that its Chinese joint venture is accepting voluntary retirements from employees, after its sales slumped. “Hyundai Motor is reviewing various optimization plans to enhance facility efficiency around the… Continue reading Hyundai Motor to cut China jobs after sales slump
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Six South Korean Credit Card Companies to Come up with One Joint QR Code Payment Application
Lotte Card, Shinhan Card, BC Card, Samsung Card, Hyundai Card, and KB Card are planning to establish a ‘super comprehensive application’ to expand their QR code payment service.They are planning to create a comprehensive wallet that is linked to QR codes of each credit card payment and they are also looking into a way of… Continue reading Six South Korean Credit Card Companies to Come up with One Joint QR Code Payment Application
Ghosn’s successor seeks to rebuild bridges in Japan
Jean-Dominique Senard seen as polar opposite to hard-charging ex-Renault chairman Go to Source
Tesla Model 3 Wins (Another) Resale Value Competition — But Kelley Blue Book Awards Sort Of F***ed Up
Less than 3 weeks ago, Michael Barnard conducted an analysis for CleanTechnica examining the resale value of the Tesla Model 3 compared to competitors. The conclusion was that the Model 3 was dramatically better at holding its value than other cars in its class
Self-contained tracking camera from Intel targets robots and autonomous devices
New from the Intel RealSense line of products is the T265 standalone tracking camera, which uses proprietary visual inertial odometry simultaneous localization and mapping (V-SLAM) technology with computing at the edge for accurate and low-latency tracking for applications such as robotics, drones, augmented reality (AR), and virtual reality. [Native Advertisement] Intel’s RealSense Tracking Camera T265… Continue reading Self-contained tracking camera from Intel targets robots and autonomous devices
Ford CEO tells employees: ‘Time to bury’ 2018, focus on doubling profit
(Reuters) – Ford Motor Co Chief Executive Jim Hackett told employees late on Thursday the No. 2 U.S. automaker would not accept last year’s “mediocre” results and said the company was aiming to nearly double its annual operating profit. FILE PHOTO: Jim Hackett (L), President and CEO of Ford Motor Company, speaks at the Ford… Continue reading Ford CEO tells employees: ‘Time to bury’ 2018, focus on doubling profit
Subaru probe finds 3,400 staff were not paid for overtime work
FILE PHOTO: Subaru’s logo is pictured at its factory in Ota, north of Tokyo, Japan May 24, 2017. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) – Subaru Corp (7270.T) on Friday said it did not pay overtime wages over a two-year period to some 3,400 employees who under-reported their hours, a revelation that surfaced in an internal… Continue reading Subaru probe finds 3,400 staff were not paid for overtime work
Lightning Motorcycles is taking reservations for its $12,998 electric motorcycle
A teaser image of headlights plus a few details about the upcoming electric Strike motorcycle from Lightning Motorcycles was apparently too much for some to bear. The company, prompted by an unexpectedly high number of customer requests, has now opened reservations for U.S. customers. Customers will still have to wait until March to see what the Strike… Continue reading Lightning Motorcycles is taking reservations for its $12,998 electric motorcycle
Surprise! Boeing hands Air Force the keys to not just one, but two KC-46 tanker jets
Boeing employees, military personnel and VIPs gather at Boeing’s assembly plant in Everett, Wash., for the handover of the first KC-46 refueling airplane. (Boeing via LiveStream) Boeing executives today added an extra twist to what was expected to be a cut-and-dried ceremony to hand over its first KC-46 tanker aircraft to the U.S. Air Force.… Continue reading Surprise! Boeing hands Air Force the keys to not just one, but two KC-46 tanker jets
BMW ReachNow CEO Steve Banfield to step down as BMW and Daimler launch joint mobility company
Steve Banfield. (GeekWire Photo / Nat Levy) BMW ReachNow CEO Steve Banfield, who helped the German carmaker grow its car-sharing service in the U.S., is stepping down from the role, GeekWire has learned. Banfield took the reins at ReachNow in 2016, one month after the service launched in Seattle. The former INRIX and Rightside executive… Continue reading BMW ReachNow CEO Steve Banfield to step down as BMW and Daimler launch joint mobility company