CFO Uebber wants to leave Daimler

It was similar with Siemens and Thyssen Krupp. Also there were always more demands for splitting the company from the side of “investors” come. More and more parts of the company are being […] Quote from cynical europeans What nonsense you make of yourself. First and foremost, the starting point is completely different: on the… Continue reading CFO Uebber wants to leave Daimler

BMW acquires majority stake in Chinese joint venture

Thursday, 11/10/2018 08:47 clock BMW will become the first foreign automaker to acquire a majority stake in a joint venture in China. BMW will share its stake in the joint venture Brilliance China Automotive from 50 to 75 percent, the company announced on Thursday. The purchase price for the additional 25 percent stake amounts to… Continue reading BMW acquires majority stake in Chinese joint venture

Opel brings PSA strong sales growth

Thursday, 25/10/2018 10:00 a.m The French car maker PSA has been able to further increase its sales. PSA registered in Rueil-Malmaison Paris a plus of 7.8 percent in the third quarter compared to the same period last year quarter , The conversion had grown accordingly to 15.4 billion euros. PSA includes the brands Citroën .… Continue reading Opel brings PSA strong sales growth

Daimler’s share is going down

Friday, 19/10/2018 15:51 clock The car company Daimler has again lowered its earnings expectations for the current year. For 2018, the Group now expects earnings before interest and taxes (EBIT) “well below the previous year’s level”. The shares of the company slumped in the afternoon by up to seven percent to the lowest level since… Continue reading Daimler’s share is going down

VW boss calls for more objective debate

Friday, 26/10/2018 11:25 clock In the dispute over possible diesel bans on dirty air in German cities has VW CEO Herbert Diess a criticized too emotional discussion. “We already see responsibility for ourselves, especially at Volkswagen “he said on Thursday on the ZDF broadcast” Maybrit Illner Nevertheless, I consider the discussion we are conducting now… Continue reading VW boss calls for more objective debate

Ericsson and Fujitsu partner on 5G

Ericsson and Fujitsu have announced a 5G partnership, with plans to combine their radio access and core network portfolios to deliver 5G mobile network services and solutions across Japan. “Ericsson and Fujitsu’s strength in research and development will ensure the best path for bringing global 5G solutions to Japan, as well as exploring a wider… Continue reading Ericsson and Fujitsu partner on 5G

Ford plant line to shut for five days

Staff at Ford’s plant in Bridgend working on the new Jaguar engine have been told not to come into work for five days. The AJ production line at the plant will shutdown from 29 October to 2 November, the GMB union confirmed. Letters were sent to directly staff this week without informing union officials in… Continue reading Ford plant line to shut for five days

Final Form Of SCG 004S Central-Seat Supercar Revealed

Here’s an update on the $400,000 supercar. Just in time for the reveal of the McLaren Speedtail, the spiritual successor of the F1, James Glickenhaus of the Scuderia Cameron Glickenhaus posted a rendered video of the upcoming 004S three-seater supercar on his Facebook.   This is after the $400,000 supercar was revealed almost a year ago… Continue reading Final Form Of SCG 004S Central-Seat Supercar Revealed

Waymo is testing what it should charge for its robotaxi service

Self-driving startup Waymo, a Google spin-off owned by parent company Alphabet, has started to test pricing models for rides in its autonomous vehicles in Phoenix, the latest indication that the company is preparing to launch a commercial robotaxi service. Waymo has not launched a wide-scale commercial robotaxi service in Phoenix — or anywhere — just yet. But it is getting… Continue reading Waymo is testing what it should charge for its robotaxi service