German insurance giant Allianz is following Google and Tencent by backing Go-Jek, the Indonesia-based ride-hailing and local services company valued at over $4.5 billion, after it announced an investment. The money comes from Allianz X, the firm’s digital investment arm, which confirmed it put in $35 million in what is its first deal in Southeast Asia. The… Continue reading Insurance giant Allianz confirms $35M investment in Asian ride-sharing unicorn Go-Jek
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Minister of Transport relies on auto industry: No diesel fund, no technical retrofitting
All articles and backgrounds 04/11/2018 Minister of Transport relies on car industry No diesel fund, no technical retrofitting BMW If the new Federal Cabinet in Meseberg in Brandenburg continues its meeting today, decisions should be made in the end as well, including the tiresome question of the nitrogen oxide pollution caused by diesel cars in… Continue reading Minister of Transport relies on auto industry: No diesel fund, no technical retrofitting
Works Council Secretary General is to become top manager: Osterloh sends close confidants to VW Board
All articles and backgrounds 04/11/2018 Works council general secretary to be top manager Osterloh sends close confidants to VW board DPA Gunnar Kilian at Volkswagen Show stock market chart It is becoming ever clearer how the power will be redistributed on the board after the end of the day for CEO Matthias Müller. In the… Continue reading Works Council Secretary General is to become top manager: Osterloh sends close confidants to VW Board
Singapore taxi firm ComfortDelGro to acquire AZ Bus charter assets for $10.25m
April 11, 2018 Singapore’s largest taxi operator ComfortDelGro has announced that it will acquire the private bus chartering assets of AZ Bus Pte Ltd for $10.25 million as it seeks to consolidate its position in the industry. In a statement, ComfortDelGro said, the acquisition will be conducted by its bus operation arm ComfortDelGro Bus Pte Ltd.… Continue reading Singapore taxi firm ComfortDelGro to acquire AZ Bus charter assets for $10.25m
Arnold Clark expands with Citroen acquisition
Arnold Clark has bought the Alistair Fleming Citroen dealership in Kilmarnock from collapsed parent business TOM Group.
Fiat Chrysler, U.S. Justice Dept in diesel emissions settlement talks
(Reuters) – Fiat Chrysler Automobiles NV is in advanced settlement talks with the U.S. Justice Department and California Air Resources Board over accusations that the company illegally used software that led to excess emissions in 104,000 U.S. diesel vehicles sold since 2014, a court-appointed adviser said at a hearing on Tuesday. FILE PHOTO: A woman… Continue reading Fiat Chrysler, U.S. Justice Dept in diesel emissions settlement talks
Tesla engineering car leaked picture shows what Autopilot sees live with settings for ‘Full Self-Driving’
Tesla owners have been quite curious about what their Autopilot cameras can see since the second generation hardware introduced several more sensors. Now a leaked image of what appears to be an engineering car on ‘dev mode’ shows what Autopilot sees live on the center screen and settings for other options, including ‘Full Self-Driving’ capabilities.… Continue reading Tesla engineering car leaked picture shows what Autopilot sees live with settings for ‘Full Self-Driving’
Cadillac goes green with the CT6 Plug-In hybrid
CT6 Plug-in (2018) Get more info More 72 Scores Engadget 72 Critic Not yet scored Users Not yet scored Key Specs From $0.00 Buy Now More and more luxury automobile owners want to go green. Sure there’s a chance they’re looking to save a few bucks on gas, but you rarely find… Continue reading Cadillac goes green with the CT6 Plug-In hybrid
Icahn to sell Federal-Mogul to Tenneco for $5.4 billion
(Reuters) – Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc (TEN.N) in a $5.4 billion deal, unloading an investment he has held for nearly two decades and picking up a new stake in Tenneco. Tenneco plans to separate into two independent, publicly traded companies – one… Continue reading Icahn to sell Federal-Mogul to Tenneco for $5.4 billion
Bosch Disbands Internal Battery Cell Research, Will Sell Solid-State Startup Seeo
But this is not the way to go for Bosch. Seeo is to be sold, while the Lithium Energy and Power GmbH & Co. KG (LEAP) joint venture dissolved. Bosch’s reasoning is too high economic risks as initial investment alone would be some 20 billion euros to build a 200 GWh production facility for some… Continue reading Bosch Disbands Internal Battery Cell Research, Will Sell Solid-State Startup Seeo