Hyundai Motor Group to Invest $21.6 Billion into New Businesses for Next 5 Years

Hyundai Motor Group is planning to invest $21.6 billion (23 trillion KRW) into five new businesses such as robot, AI (Artificial Intelligence), Smart Car and others for the next five years and this is the first time when Hyundai Motor Company made its plan to commercialize robot and AI fields official. South Korean Government is… Continue reading Hyundai Motor Group to Invest $21.6 Billion into New Businesses for Next 5 Years

3D Time of Flight company Odos Imaging acquired by Rockwell Automation

Odos Imaging, a developer of 3D Time of Flight cameras for industrial imaging applications, has been acquired by Rockwell Automation, Inc., which plans to apply the 3D technology to sensing products to provide solutions to a range of industrial applications, including automotive and general assembly, packaging and material handling, and logistics.

How Chariot, in Concert with Chase and Smart Columbus, Is Working to Reduce Congestion in Central…

How Chariot, in Concert with Chase and Smart Columbus, Is Working to Reduce Congestion in Central Ohio By Dan Grossman, Ford Smart Mobility vice president, Global Microtransit Services No two cities are exactly the same. That holds true whether you’re discussing the local food scene or homegrown musical talent, and it’s equally true when it comes… Continue reading How Chariot, in Concert with Chase and Smart Columbus, Is Working to Reduce Congestion in Central…

Chariot expands to Columbus, Ohio with JPMorgan Chase commuter shuttle

Ford’s Chariot shared commuter shuttle service is expanding to its latest new market: Columbus, Ohio. The Columbus launch is in partnership with JPMorgan Chase, and initial service in the area will be specifically a shuttle for the company’s 400 Corporate Center employees located within the city. Chariot will operate daily shuttles for these employees staring… Continue reading Chariot expands to Columbus, Ohio with JPMorgan Chase commuter shuttle

Big portion of future GM electric vehicles for China market -exec

DETROIT, Jan 17 (Reuters) – General Motors Co’s China unit will sell a “substantial portion” of the automaker’s future electric vehicles, GM China President Matt Tsien said on Wednesday. In a briefing at GM headquarters, Tsien said, “China is at the heart of our electrification strategy.” Tsien did not say which GM brands would sell… Continue reading Big portion of future GM electric vehicles for China market -exec

Ghosn lays groundwork for withdrawal as Renault CEO

PARIS (Reuters) – Renault-Nissan (RENA.PA)(7201.T) is to pursue plans to create separate strategy and operations leadership roles, Renault CEO Carlos Ghosn said on Wednesday in a sign he may pull back as boss of the French carmaker. Ghosn, who heads of the Renault-Nissan alliance that also includes Mitsubishi Motors (7211.T), had already stepped back from… Continue reading Ghosn lays groundwork for withdrawal as Renault CEO

Abrams Carsharing Advisors Rebrands as Abrams Mobility Advisors – News

Abrams Consulting Group, Inc. (“ACG”) announced that it will rebrand Abrams Carsharing Advisors (“ACA”) to Abrams Mobility Advisors on the automotive branch’s 10th anniversary. The decision reflects the evolution of automotive transportation beyond carsharing to include mobility alternatives, says Neil Abrams, president and founder of ACG. Logo courtesy of Abrams Consulting Group, Inc. “When Abrams… Continue reading Abrams Carsharing Advisors Rebrands as Abrams Mobility Advisors – News

UPDATE 2-Renault-Nissan’s Ghosn claims top spot despite VW record sales

FRANKFURT (Reuters) – Volkswagen (VW) (VOWG_p.DE) reported a 4.3 percent rise in 2017 sales to 10.7 million vehicles, staying ahead of Toyota (7203.T) in the race to keep the title of world’s biggest carmaker although Renault-Nissan (RENA.PA) has forecast it would go top. Last year’s sales by the German firm, which is still dealing with… Continue reading UPDATE 2-Renault-Nissan’s Ghosn claims top spot despite VW record sales