They are bitter rivals in the luxury segment – nevertheless, Daimler and BMW want to make robotic cars together according to a report. What is behind the planned cooperation? Electric cars from Mercedes and BMW Monday, 21.01.2019 17:27 clock Until recently, such partnerships were almost unimaginable: a BMW engineer needed no help, least of all… Continue reading Schwäbisch-Bavarian development aid
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Starbucks expands its delivery service to 6 more U.S. cities, starting with San Francisco
Starbucks on Monday announced an expansion of its delivery service in partnership with Uber Eats, which is now headed to six other major U.S. cities, starting with San Francisco this week. It will then roll out to Boston, Chicago, L.A., New York and Washington D.C., and is on track to reach one-quarter of U.S. company-operated… Continue reading Starbucks expands its delivery service to 6 more U.S. cities, starting with San Francisco
Johnson Controls CEO sees slowdown in China hurting its auto business
The logo and trading symbol for Johnson Controls International is displayed on a board on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 16, 2018. REUTERS/Brendan McDermid (Reuters) – The chief executive officer of Johnson Controls International Plc (JCI.N) said on Tuesday that he was seeing a slowdown in… Continue reading Johnson Controls CEO sees slowdown in China hurting its auto business
Exclusive: Worst-case no-deal Brexit puts Bentley’s return to profit at ‘fundamental risk’
CREWE, England (Reuters) – Loss-making carmaker Bentley is on track to be profitable this year but a worst-case no-deal Brexit puts that at “fundamental risk”, its boss told Reuters, adding that the chance of Britain leaving the EU on March 29 with a deal now seemed “fairly low.” The Bentley name is seen inside a… Continue reading Exclusive: Worst-case no-deal Brexit puts Bentley’s return to profit at ‘fundamental risk’
Jean-Dominique Senard, anti-Ghosn
As much as one is “bling-bling” and lover of ostentation, the other is modest and not really known for his antics. Chosen by Renault’s nominating committee to replace Carlos Ghosn as president of Losange, Jean-Dominique Senard has little in common with his predecessor. “It’s someone who will pay for his subway ticket! “Says an industry… Continue reading Jean-Dominique Senard, anti-Ghosn
Tesla reverses charging prices hike
Electric-car maker Tesla has reversed a decision to drastically increase prices for its charging stations, following a backlash from customers. Owners had complained the price rise – estimated to be around 30% – would mean electric cars risked becoming far less competitive than petrol ones. The planned price rises will now be reduced by an… Continue reading Tesla reverses charging prices hike
Ex-Nissan boss Ghosn’s bail request denied
A Tokyo court has rejected Carlos Ghosn’s latest request for bail, despite his promise to wear an electronic tag to secure his release. The former Nissan boss has been in detention since 19 November on allegations of financial misconduct. Lawyers for Mr Ghosn, who denies any wrongdoing, have said he could remain in custody for… Continue reading Ex-Nissan boss Ghosn’s bail request denied
EXCLUSIVE: Carlos Ghosn ready to resign from Renault
That should allow everyone to save face. For several weeks, Renault had spoken with the entourage of Carlos Ghosn to discuss his resignation. According to our information, it is now acquired. “Carlos Ghosn has been informed, both through the representatives of the State and by the group’s lawyers, of Renault’s desire to put in place… Continue reading EXCLUSIVE: Carlos Ghosn ready to resign from Renault
Ghosn’s latest bail request rejected by Tokyo court
Ousted Nissan chief executive had offered to be electronically tagged Go to Source
Tesla cuts Supercharger prices back down after customer backlash over increase
Last week, we published a report about Tesla drastically increasing Supercharger prices around the world, but now the automaker is reducing the price hike after a backlash from customers. Tesla Supercharger Price Increase As we reported last week, Tesla is moving away from its per state/region pricing structure to implement a per station pricing structure in order… Continue reading Tesla cuts Supercharger prices back down after customer backlash over increase