Parking giant says Uber, Lyft have cut parking business up to 50% in some venues

SAN DIEGO: The US parking giant Ace Parking says that Uber and Lyft are eating into the parking business – with as much as 50% less traffic at nightclubs and a 25% drop at restaurant valets.  A death knell for paid parking? No, Ace and others say they are going high-tech to survive.  In downtown… Continue reading Parking giant says Uber, Lyft have cut parking business up to 50% in some venues

Daimler and Mizmaa Ventures Co-Lead Round B at Anagog – The Mobility Status AI Innovator

TEL AVIV, Israel, Feb. 26, 2018 /PRNewswire/ — Anagog Ltd. (www.anagog.com), developers of the mobility status AI engine and big data analytics solutions, announced today the initial closing phase of its Series-B round of financing. The round is being co-led by Daimler AG, the automotive OEM, and Mizmaa Ventures, a California-HK based VC, specializing in artificial… Continue reading Daimler and Mizmaa Ventures Co-Lead Round B at Anagog – The Mobility Status AI Innovator

Daimler to expand local Mercedes-Benz production with BAIC in China

Foreseeing further growth potential in the Chinese automotive market, Daimler and BAIC today announced plans to further expand local production for the Mercedes-Benz brand at their joint venture, Beijing Benz Automotive Co (BBAC). Through an investment totaling over 11.9 billion RMB (about 1.5 billion euros) by Daimler and BAIC, BBAC will prepare to operate another… Continue reading Daimler to expand local Mercedes-Benz production with BAIC in China

Lithium prices to fall 45% by 2021, Morgan Stanley says

Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Choose the subscription that is right for you Read more For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business… Continue reading Lithium prices to fall 45% by 2021, Morgan Stanley says

Opel needs more time again

The steering wheel can not be changed that fast: Even under the new owner PSA, the car manufacturer Opel is making heavy losses. Employees are wondering how hard the austerity program will be. Opel plant in Eisenach Monday, 26/02/2018 08:52 clock How much will remain of Opel after the takeover by the French PSA Group… Continue reading Opel needs more time again

Daimler to expand local Mercedes-Benz production with its partner in China

Daimler and BAIC announce plans to expand local production of Mercedes-Benz vehicles due to expected market demand in China Local production hub Beijing Benz Automotive Co. Ltd. (BBAC) to operate additional production location Investment of over 11.9 billion RMB to prepare BBAC for further growth opportunities in the Chinese automotive market 2nd Beijing production location… Continue reading Daimler to expand local Mercedes-Benz production with its partner in China

From Smartphone to Big Screen: New App Partners Help Ford Drivers Get the Best from Their Mobiles on The Move

Community-based traffic and navigation app Waze coming to Ford SYNC 3 in April Audio-on-demand company Acast curates in-car audio, recommendations fit commute Ford makes further SYNC 3 AppLink announcements at Mobile World Congress 2018 BARCELONA, Spain Feb. 26, 2018 – Ford today announced, at Mobile World Congress, in Barcelona, that the popular navigation and traffic… Continue reading From Smartphone to Big Screen: New App Partners Help Ford Drivers Get the Best from Their Mobiles on The Move

The BMW Group at the Mobile World Congress 2018.

Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Mon Feb 26 10:00:00 CET 2018 Press Kit Top The focus on the customer and their requirements underpins the BMW Group’s presentation of the next steps on the road to digital and intelligent connectivity between… Continue reading The BMW Group at the Mobile World Congress 2018.

Federal Government assumes systematic manipulation at BMW

BMW is suspected of having manipulated the emission control of vehicles – and refers to an erroneously loaded software. Even the long-time loyal federal government does not believe that anymore. The BMW logo is reflected in the façade of the BMW Welt in Munich Monday, 26/02/2018 15:56 clock The excuse of the BMW Group on… Continue reading Federal Government assumes systematic manipulation at BMW