Beck Diefenbach / Reuters The US National Transportation Safety Board (NTSB) said it is “unhappy” that Tesla released information about the fiery March 23rd crash that killed a driver. In a blog post last Friday, Elon Musk said that the Autopilot was active when the Model struck a highway barrier and caught fire. He also… Continue reading Federal investigators ‘unhappy’ Tesla revealed crash details
Category: Automotive
Motherson to acquire Reydel Automotive Group for $201m
Motherson Sumi Systems Ltd (MSSL), the flagship company of the Samvardhana Motherson Group (SMG), through its subsidiary Samvardhana Motherson Automotive Systems Group (SMRP BV), has announced the proposed acquisition of Reydel Automotive Group (Reydel), a privately held portfolio company of Cerberus Capital Management (Cerberus) that manufactures interior components and modules for global automotive customers. The… Continue reading Motherson to acquire Reydel Automotive Group for $201m
Subaru Corporation Announces Management Changes(Effective March 31, 2018 and April 1, 2018)
April 2, 2018 Tokyo, April 2, 2018 – Subaru Corporation announces the following management changes which took effect on March 31, 2018 and April 1, 2018. 1. Change to Areas of Responsibility for Corporate Executive Vice President (Effective April 1, 2018) Name New Former Tetsuo OnukiCorporate ExecutiveVice President -Chief Technology Officer (CTO)-Engineering Management Div.-Engineering Div.… Continue reading Subaru Corporation Announces Management Changes(Effective March 31, 2018 and April 1, 2018)
Ford and Datang trial C-V2X connected car technology in Shanghai
In support of a growing global connectivity initiative, Ford and Datang have successfully conducted Cellular Vehicle-to-Everything technology (C-V2X) trials in China. C-V2X is a wireless communication technology that has the potential to play a key role in the future of advanced connectivity, and improve automotive safety, automated driving and traffic efficiency around the world. The… Continue reading Ford and Datang trial C-V2X connected car technology in Shanghai
MAN, Scania, VW Commercial Vehicles: VW Truck division heading for IPO
All articles and backgrounds 03/29/2018 MAN, Scania, VW Commercial Vehicles VW Truck division steers towards IPO [M] PR Volkswagen According to insiders, in the coming weeks formal requirements for a initial public offering create its Commercial Vehicle division Truck & Bus. The division should then be transformed into a capital marketable company such as an… Continue reading MAN, Scania, VW Commercial Vehicles: VW Truck division heading for IPO
Honda Cars sales 28% down in March 2018, 8% growth in FY 2017-18
NEW DELHI: Honda Cars India Ltd (HCIL) registered monthly domestic sales of 13,574 units in March 2018, down by 28.37 per cent as compared to 18,950 units in the corresponding month last year. The company’s exported stood at 486 units in March 2018. HCIL, however, recorded an annual domestic sales of 170,026 units during FY17-18,… Continue reading Honda Cars sales 28% down in March 2018, 8% growth in FY 2017-18
UPDATE 2-GM Korea’s March sales dive; seeks to halt one shift at Bupyeong plant
SEOUL (Reuters) – General Motors Co’s South Korean unit has proposed suspending one of two shifts at a plant near Seoul, an internal union newsletter seen by Reuters showed, increasing uncertainty about the fate of the factory as the U.S. automaker grapples with slumping sales. Vehicles are assembled at an assembly line of GM Korea’s… Continue reading UPDATE 2-GM Korea’s March sales dive; seeks to halt one shift at Bupyeong plant
Automobile sales up 2.1% in March, despite the effect of Holy Week
Posted 02/04/2018 11: 04: 56CET MADRID, 2 Apr (EUROPA PRESS) – The registrations of cars and SUVs in Spain reached a volume of 128,175 units during the past month of March, which represents an increase of 2.1% compared to that month of the previous year, according to data from the associations of manufacturers (Anfac), dealers… Continue reading Automobile sales up 2.1% in March, despite the effect of Holy Week
The Geely Effect – From the Mouths of Proton Dealers
PRESS The Geely Effect – From the Mouths of Proton Dealers Posted on Apr 02, 2018 Subang Jaya, 2 April 2018 – It is human nature to doubt someone before you really get to know them so it was understandable that not every PROTON dealer was convinced about the partnership with Geely. However, a visit… Continue reading The Geely Effect – From the Mouths of Proton Dealers
Toyota to Merge Tokyo Sales Companies to Form New Company in April 2019
Toyota Motor Corporation (Toyota) announces plans to merge its Tokyo sales companies on April 1, 2019.The companies to be merged are TOYOTA Tokyo Sales Holdings Inc. (TSH), a wholly-owned subsidiary of Toyota, and the four TSH subsidiaries, Tokyo Toyota Motor Co., Ltd., Tokyo Toyopet Motor Sales Co., Ltd., Toyota Tokyo Corolla Co., Ltd., and Netz… Continue reading Toyota to Merge Tokyo Sales Companies to Form New Company in April 2019