Alstom plans Autonomous trains

Alstom intends to tackle the semi-autonomous driving on rails in the Netherlands. Especially the Swiss want partial autonomous driving for freight transport by rail. But there are also in Germany plans and the DLR also has such a move in development. The French manufacturer Alstomwho also with EasyMile cooperates, wants to jump on the train… Continue reading Alstom plans Autonomous trains

SK Holdings, SoCar launch car-sharing business in Malaysia

SEOUL, Jan. 25 (Yonhap) — SK Holdings, the holding firm of South Korean energy and telecom conglomerate SK Group, said Thursday it has launched a car-sharing business in Malaysia by joining hands with South Korea’s No. 1 car-sharing startup SoCar. SoCar Malaysia — a joint venture between SK Holdings and SoCar — kicked off its… Continue reading SK Holdings, SoCar launch car-sharing business in Malaysia

Hyundai Motor Misses Estimate on Labor Strikes, Stronger Won

Hyundai Motor Co.’s earnings fell short of estimates after worker strikes in South Korea hurt output and a stronger won weakened its competitiveness amid tepid demand in the U.S. and China. Fourth-quarter operating profit fell to 775 billion won ($731 million), the Seoul, South Korea-based company said in a statement Thursday. That compares with the… Continue reading Hyundai Motor Misses Estimate on Labor Strikes, Stronger Won

Autonomous container crane truck in China

The world’s first autonomous container crane wagon drives on the port of Shanghai. In the Chinese metropolis Shanghai the first autonomous container crane truck in the world debuts, according to the presentation in China. Container crane truck in Shanghai. Source: People.com.cn The vehicle resembles a forklift, except that this shipping container loads and stacks. It… Continue reading Autonomous container crane truck in China

Hyundai Motor’s profits tumble as China sales slashed

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Bosch, Vodafone, and Huawei test cellular-V2X on European road

German-technology major Bosch together with telecom-major Vodafone and telecommunication equipment maker Huawei is testing cellular-V2X (vehicle to everything) technology, which makes it possible for a car to communicate with other vehicles and its surroundings through mobile telephony in Bavaria. Since February 2017 the companies have been performing trials of the new, high-performance technology – which… Continue reading Bosch, Vodafone, and Huawei test cellular-V2X on European road

Press Releases – Commercial vehicle registrations: +3.2% in 2017; -3.5% in December

Brussels, 25 January 2018 – In December 2017, commercial vehicle registrations across the EU declined (-3.5%), due in part to one less working day than December last year. Total new commercial vehicles In December 2017, commercial vehicle registrations across the EU declined (-3.5%), due in part to one less working day than December last year.… Continue reading Press Releases – Commercial vehicle registrations: +3.2% in 2017; -3.5% in December

Volkswagen: VW core brand reorganizes dealer network

VW The Volkswagen Group brand VW Passenger wants to create new opportunities for the trading partners. (Photo: AP) The Volkswagen-Konzernmarke VW Passenger Cars is re-launching its dealer network in Europe with a focus on e-mobility and networking. The aim is to keep the trade as an “elementary interface to the customer”, said Brand Sales Director… Continue reading Volkswagen: VW core brand reorganizes dealer network

LG ANNOUNCES 2017 FINANCIAL RESULTS

Strong Profitability and Highest Annual Sales EverLed by Performance of Premium Home Appliances and TVs SEOUL, Jan. 25, 2018 — LG Electronics Inc. (LG) today announced record full-year revenues for 2017 of KRW 61.4 trillion (USD 55.4 billion), an increase of 10.9 percent from the previous year, the highest in the company’s history. Full-year 2017… Continue reading LG ANNOUNCES 2017 FINANCIAL RESULTS

Self-driving freight transport makes a debut

China has made significant strides in port transportation by using self-driving trucks to transport containers at Zhuhai Port in Guangdong province from Tuesday as part of its efforts to realize an unmanned smart port system in the future. The domestically-made truck looks like a normal one but does not need any drivers. It is used… Continue reading Self-driving freight transport makes a debut