The Renault Cléon plant (Seine-Maritime) announced Tuesday, February 28 in a statement the recruitment of 200 employees on permanent contracts. The Normandy factory manufactures with 5,300 employees (including 1,700 temporary) engines and gearboxes for Renault (65% of its production) but also for Nissan, Dacia, Samsung, Daimler, Fiat and Opel. In 2015, it also began manufacturing… Continue reading Renault Cléon announces 200 hires on permanent contracts in 2018
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Audi A6 gets updated MMI navigation features, car-2-x and more
The 8th generation of Audi A6 will feature numerous updated in terms of connectivity and HMI. The MMI touch response system of the new Audi A6 sets new standards in terms of intuitive operation and personalization. Up to seven drivers can store their preferred settings in individual user profiles and set up to 400 parameters. The… Continue reading Audi A6 gets updated MMI navigation features, car-2-x and more
To compete with Tesla, Chinese automaker Nio would like to raise $ 2 billion in New York
The Chinese manufacturer of electric cars Nio sees big. He has mandated eight banks including Morgan Stanley and Goldman Sachs, for an IPO this year in New York, according to Reuters, which quotes sources close to the case. The operation could allow him to raise up to two billion dollars (1.6 billion euros). Nio, founded… Continue reading To compete with Tesla, Chinese automaker Nio would like to raise $ 2 billion in New York
Mercedes is interested in cryptocurrency
The German demonstrated during the Mobile World Congress, a system that uses virtual currency. This raises the debate of new technologies such as blockchain. The presentation could have found its place in the program of the next Connected Automotive Conference of the Journal of the Automobile. Mercedes took advantage of the Mobile World Congress in… Continue reading Mercedes is interested in cryptocurrency
Continental teases predictive connectivity manager concept for vehicles
Continental has developed a Predictive Connectivity Manager that “looks” into the future to determine network availability and reception quality along the route so that it can then take appropriate action. The project is an evolution of the Smart Telematics solution that Continental developed together with Carnegie Technologies. With Smart Telematics, it is already possible to… Continue reading Continental teases predictive connectivity manager concept for vehicles
China startup Nio hires eight banks for $2 bn US IPO
Other banks are Bank of America Merrill Lynch, Credit Suisse, Citigroup, Deutsche Bank, JPMorgan and UBS, said the people, declining to be identified as the deal details are not public. HONG KONG: Chinese electric vehicle startup Nio has hired eight banks including Morgan Stanley and Goldman Sachs to work on a planned US stock market… Continue reading China startup Nio hires eight banks for $2 bn US IPO
Aurora raises $90M Series A, adds Reid Hoffman and Mike Volpi to its board
Self-driving car startup Aurora has raised $90 million in a Series A round, with participation from both Greylock Partners and Index Ventures. The new funding adds to its available cash and will make it possible for the young startup to scale more quickly, but Aurora CEO Chris Urmson told me that the most important part… Continue reading Aurora raises $90M Series A, adds Reid Hoffman and Mike Volpi to its board
Hyundai unveils Kona Electric SUV in Europe
SEOUL, Feb. 28 (Yonhap) — Hyundai Motor Co., South Korea’s largest carmaker by sales, has unveiled the Kona Electric in Europe ahead of the Geneva Motor Show next month, the company said Wednesday. The all-electric crossover comes with a pair of powertrain options, one with a 64 kWh lithium-ion polymer battery pack with a range… Continue reading Hyundai unveils Kona Electric SUV in Europe
Diesel: in France too, the vice is tightening on the state
After Germany , France ? The hypothesis that the Hexagon comes, too, to suffer the wrath of justice in the field of pollution control, is less and less to exclude. To date, the State is already the subject of about thirty recourse before the administrative tribunals for “misconduct”. In all cases, it is criticized for… Continue reading Diesel: in France too, the vice is tightening on the state
UAW trust move puts GM board seat at risk
Former UAW Vice President Joe Ashton (Photo: General Motors Co.) The United Auto Workers’ retiree health care trust intends to sell 40 million of its shares in General Motors Co., imperiling the trust’s ability to replace retired UAW Vice President Joe Ashton on the automaker’s board of directors. The UAW Retiree Medical Benefits Trust —… Continue reading UAW trust move puts GM board seat at risk