Hyundai Mobis Demonstrates Its Self-Driving Car ‘M.BILLY’

Hyundai Mobis has started testing its self-driving car called M.BILLY, which was developed through its own technologies, on full-scale. It is going to increase number of M.BILLY from 3 to 10 by end of this year and it is planning to focus its research capabilities into development of self-driving technologies based on safety by increasing… Continue reading Hyundai Mobis Demonstrates Its Self-Driving Car ‘M.BILLY’

There’s a new ride-hailing app in town: Moovn wants to challenge Uber and Lyft in Seattle

Moovn CEO and Founder Godwin Gabriel. (Moovn Photo) Godwin Gabriel believes the ride-hailing industry in America is ready for a new challenger. That’s why he began rolling out Moovn’s on-demand transportation app in Seattle in February. Gabriel lives in Seattle but as a Tanzania native, he saw African markets as the best place to begin growing… Continue reading There’s a new ride-hailing app in town: Moovn wants to challenge Uber and Lyft in Seattle

Peugeot boss faces toughest adversary yet in IG Metall

PARIS/FRANKFURT (Reuters) – PSA Group (PEUP.PA) boss Carlos Tavares, whose career has seen him thrash out margin-boosting labor deals for two carmakers in several countries, is now taking on Germany’s IG Metall union, which has been the undoing of many a cost cutter. FILE PHOTO: Chairman of the Managing Board of PSA Group Carlos Tavares… Continue reading Peugeot boss faces toughest adversary yet in IG Metall

UPDATE 1-Opel labour leaders fear Eisenach plant workforce could halve

HAMBURG/FRANKFURT (Reuters) – German labor leaders fear Opel’s Eisenach factory could lose half its 1,800 workforce unless a deal is struck with owner PSA Group (PEUP.PA) over working conditions, amid escalating tensions between German union IG Metall and Opel’s management. Opel CEO Michael Lohscheller attends a news conference in Ruesselsheim, Germany November 9, 2017. REUTERS/Ralph… Continue reading UPDATE 1-Opel labour leaders fear Eisenach plant workforce could halve

PSA puts German Opel factories in the face of their reality

Out of the question of letting go of the ballast. The showdown continues between PSA and IG Metall, engaged in stormy discussions about the future of German Opel factories – the new property of Maison Peugeot. If the powerful union does not want to give up wage increases foreseen in the sectoral agreement without any… Continue reading PSA puts German Opel factories in the face of their reality

Magna International opens a new plant in Mexico

April 19 (Reuters) – Canadian auto parts supplier Magna International said on Thursday it has added a new manufacturing unit in San Luis Potosí, Mexico. The company said the 189,000 square foot facility will make structural welded assemblies for automakers like BMW and Mercedes-Benz. The unit employs 400 people and will have 1,000 employees at… Continue reading Magna International opens a new plant in Mexico

Men spend on average 4,000 euros more than women in the purchase of vehicles ‘online’

Men spend an average of 23,430 euros on the purchase of vehicles’ online ‘, which is about 4,000 euros more than women, who pay an average of 19,360 euros, according to an analysis made by the car sales company’ on-line’ Clicars.com. However, when talking about the financing of vehicles, the percentage of women (56%) who… Continue reading Men spend on average 4,000 euros more than women in the purchase of vehicles ‘online’

Lyft promises to make all rides carbon neutral

Lyft Lyft announced today that it will purchase enough carbon offsets to make every Lyft ride carbon neutral. Just within the first year of this program, the company says it will put millions of dollars towards the effort and expects to offset over a million metric tons of carbon. To make every ride carbon neutral,… Continue reading Lyft promises to make all rides carbon neutral

Daimler open to buying small stake in Volvo cars: Report

FRANKFURT: Daimler is open to supplying Volvo with engines and could even take a small stake in the Swedish carmaker, Manager Magazin said, raising the possibility of increased cooperation between Mercedes-Benz and China’s Geely. Daimler could buy “a couple of percent” in Volvo Cars, Manager Magazin said on Thursday, without citing sources. Volvo declined to… Continue reading Daimler open to buying small stake in Volvo cars: Report