Category: Automotive

Used car site Vroom lays off staff, 25%-50% says source, as it halts Dallas and Indiana operations

Vroom, an on-demand car buying and selling startup that has raised over $300 million in venture funding, has hit a bump in the road. TechCrunch has learned and confirmed that the company has laid off a sizeable proportion of its staff — in line with a strategy of “sharpening our focus on profitability,” according to… Continue reading Used car site Vroom lays off staff, 25%-50% says source, as it halts Dallas and Indiana operations

May Mobility CEO: We’ll Beat Waymo, Uber, and Cruise to Market

When we spoke with Ed Olson, CEO of May Mobility, in January, he told us that his driverless-vehicle company had raised a little over $11 million in seed funding in 2017. Last week, May disclosed more details about its $11.5 million seed round: it was led by venture investment arms of Toyota and BMW, and… Continue reading May Mobility CEO: We’ll Beat Waymo, Uber, and Cruise to Market

IONITY Debuts 350 kW Ultra-Fast Charging Station

[embedded content] IONITY is set to unveil at the 2018 Geneva Motor Show a design concept of its ultra-fast charging stations. The IONITY charging station design concept The concept looks gorgeous if you ask us – there’s everything needed for the ultimate, future-proof 350 kW power level. BMW, Daimler, Ford, Volkswagen, Audi and Porsche (Volkswagen… Continue reading IONITY Debuts 350 kW Ultra-Fast Charging Station

Bentley’s first plug-in hybrid is an ultra-luxurious SUV

Bentley Bentley has been promising a hybrid version of its Bentayga SUV for over 3 years, and it’s finally here… although you might not want to pat yourself on the back if you buy one. The simply-titled Bentayga Hybrid delivers the same ultra-luxurious design of the regular model, but replaces the usual powerplant with a… Continue reading Bentley’s first plug-in hybrid is an ultra-luxurious SUV

Burst water pipe halts Jaguar and Land Rover production

Jaguar  Land Rover says it cannot say when production at its Solihull and Castle Bromwich plants near Birmingham will resume after it was forced to stop all operations on Tuesday morning. The issues were caused by a water shortage resulting from damage to water pipes in the recent cold weather. The JLR factory in Solihull… Continue reading Burst water pipe halts Jaguar and Land Rover production

Ford to Lay Off 2,000 Workers for Ranger, Bronco Retooling

Ford Motor Co. will lay off about 2,000 workers for almost six months this year as the U.S. automaker retools a Michigan plant to produce Ranger pickups and Bronco sport utility vehicles. Workers at Michigan Assembly Plant in Wayne, west of Detroit, will be temporarily dismissed from around May 7 through Oct. 22, according to a… Continue reading Ford to Lay Off 2,000 Workers for Ranger, Bronco Retooling

Baidu drops lawsuit against driverless car start-up JingChi after agreement on cooperation

Baidu, the operator of China’s largest online search engine, has dropped its lawsuit against JingChi, an autonomous driving start-up founded by its former executive, after the two companies agreed to cooperate in technology development. Beijing-based Baidu confirmed on Monday that it has ended its legal case against JingChi over alleged theft of technology secrets, just… Continue reading Baidu drops lawsuit against driverless car start-up JingChi after agreement on cooperation

Uber considers Waymo partnership following lawsuit

REUTERS Now that Waymo’s long-running lawsuit against Uber is finally settled, the two companies are free to cozy up to a possible partnership. According to a report at The Information, Uber executives, led by new CEO Dara Khosrowshahi, have been looking for a way to get Uber riders into Waymo‘s autonomous cars. Even though Waymo… Continue reading Uber considers Waymo partnership following lawsuit

Müller: “We are rethinking all facets of urban mobility with ‘Futures of Mobility.'”

News Press Release News Group Geneva/Wolfsburg, 05 March 2018 Müller: “We are rethinking all facets of urban mobility with ‘Futures of Mobility.’” For the Volkswagen Group, e- mobility, autonomous driving, digital networking of all road users and new mobility services are key levers for making mobility in cities more efficient, cleaner and   …more 1e-Golf:… Continue reading Müller: “We are rethinking all facets of urban mobility with ‘Futures of Mobility.’”