The automaker this year settled a class-action lawsuit brought against it and several former executives by U.S. shareholders who claimed they were misled about Ghosn’s compensation. Backers of Ghosn and Kelly say Nissan moved to settle only after defense teams requested discovery disclosure of embarrassing documents that might support their innocence. After settling that case… Continue reading Nissan tightens the screws in Carlos Ghosn case – Automotive News Europe
Category: Automotive
@Groupe PSA: OP number 1 thanks to 3rd place: Chapeau, “Aenne49”!000437
In the last minute of injury time, Dortmund spoiled Bayern’s away win, with which they finally wanted to get back on the road to success. Ironically, “amigo94” and “STT” had exactly this 2:2 on the slip – and with these four points they secured the day’s victory in our betting game. The bottom line is… Continue reading @Groupe PSA: OP number 1 thanks to 3rd place: Chapeau, “Aenne49”!000437
Hyundai Mobis and Luxoft jointly develop next-generation IVI platform for future mobility
Hyundai Mobis has been jointly developing IVI platform with Luxoft, global SW engineering firm, to target global automakers. Mobis’ system integration expertise and Luxoft’s SW competitiveness anticipated to strengthen its foothold in the future automotive IVI market. The new platform provides integrated control of six displays including digital cluster and AR HUD as well as… Continue reading Hyundai Mobis and Luxoft jointly develop next-generation IVI platform for future mobility
Korea Shipbuilding & Offshore Engineering to demonstrate fuel cell-applied ship operation
SEOUL, South Korea, Oct. 11, 2022 /PRNewswire/ — Hyundai Heavy Industries Group (HHI Group) speeds up the era of eco-friendly ships by launching a demonstration project to apply fuel cells, which are in the spotlight as a next-generation energy source, to large vessels. Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company of HHI Group’s… Continue reading Korea Shipbuilding & Offshore Engineering to demonstrate fuel cell-applied ship operation
Two Volvo trucks fall head over wheels for each other in new film
GOTHENBURG, Sweden, Oct. 11, 2022 /PRNewswire/ — A beautiful love affair between two trucks: this is Volvo Trucks’ unusual approach to highlight the driveability and fuel efficiency of its bestseller, the Volvo FH. Fuel efficiency and the joy of driving are often seen as two opposites among truck drivers. Simply put, you can’t have both.… Continue reading Two Volvo trucks fall head over wheels for each other in new film
Altigreen opens new dealership in Delhi
Sai Shreeja is an automobile group in Delhi/NCR, and has been associated with brands like M.G Motors, Hyundai and Ford. New Delhi: Bengaluru-based EV maker Altigreen recently said it has inaugurated a retail experience centre in Delhi with Sai Shreeja Auto LLP. This will be the company’s third dealership in the country. Sai Shreeja is… Continue reading Altigreen opens new dealership in Delhi
JPMorgan CEO Dimon warns of recession in six to nine months
JPMorgan Chase & Co Chief Executive Jamie Dimon said the United States and the global economy could tip into a recession by the middle of the next year, CNBC reported on Monday. Runaway inflation, big interest rates hikes, the Russian invasion of Ukraine and the unknown effects of the Federal Reserve‘s quantitative tightening policy are… Continue reading JPMorgan CEO Dimon warns of recession in six to nine months
Banks for including electric vehicles, green hydrogen in priority lending
New Delhi: Banks have pitched for including loans towards electric vehicles and green hydrogen to be classified under the priority sector lending. “Some lenders made these suggestions during various individual interactions with the Reserve Bank,” said an executive aware of the developments. Banks are of the opinion that bringing such loans under priority lending list… Continue reading Banks for including electric vehicles, green hydrogen in priority lending
Major railway stations to install EV charging points in 3 years
Representative Image The Indian Railways will install electric vehicle (EV) charging stations at all major railway stations in the country in the next three years under a new policy of promoting e-mobility. According to a policy document, seen by ET, railway stations in mega cities with a population of more than four million each will… Continue reading Major railway stations to install EV charging points in 3 years
@VW Group: Winds of Change005955
Forty years ago, many car drivers learned a new term: Cd value. When the new Audi 100 was launched in 1982, the manufacturer presented it as ‘the most streamlined production sedan in the world’. Its Cd value of 0.30, impressive by the standards of the time, was proof positive. The fact that the aerodynamic drag… Continue reading @VW Group: Winds of Change005955