About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Ford Motor Company Reports Fourth Quarter and Full Year 2017 Results; Revenue Up, Net Income Higher, Adjusted Pre-Tax Profit Lower
Category: Automotive
PSA communicates to the unions that paralyzes the project of the new Opel Corsa in Figueruelas
Published 1/24/2018 2:44:21 PM ZARAGOZA / MADRID, 24 Jan. (EUROPA PRESS) – The PSA Group, through the management of Opel Spain, has informed the representatives of the workers of its plant in Figueruelas (Zaragoza) that it has decided to halt the project of the new Corsa in this center and is looking for a new… Continue reading PSA communicates to the unions that paralyzes the project of the new Opel Corsa in Figueruelas
SpinCar will participate in the “StartUp Corner” of the Faconauto Congress
360º SpinCar is the tool that allows buyers of new and used cars to interact with the vehicle and live a realistic experience as if it were next to it or inside it. The company will participate in the “Startup Corner” that will take place on February 8 at 12:00 in the Faconauto Congress. Users… Continue reading SpinCar will participate in the “StartUp Corner” of the Faconauto Congress
ValueCar.es will participate in the “Startup Corner” of the Faconauto Congress
In order to facilitate and make easier the purchase of cars online, ValueCar.es connects buyers with the best rated official dealers in Spain. In this way, consumers live a unique, comfortable, easy and trustworthy shopping experience; while on the part of the concessionaire a new online sales channel is promoted. ValueCar.es will participate in “Startup… Continue reading ValueCar.es will participate in the “Startup Corner” of the Faconauto Congress
Madrid will create a central area ‘zero emissions’ from June 2018
Published 1/24/2018 1:20 PM: 33CET MADRID, 24 Jan. (EUROPA PRESS) – Madrid City Council will create a central area or emissions from June of this year, as assured by the Technical Advisor of Citizens of the city of Madrid, Javier Castaño, as one of the measures that are within the air quality plan From the… Continue reading Madrid will create a central area ‘zero emissions’ from June 2018
Nexar gets $30M Series B for its AI-based road safety dashcams and network
Nexar, a startup that makes an AI-based dashcam app to monitor road safety, announced today that it has raised a $30 million Series B led by Ibex Ventures. Participants included Alibaba Innovation Ventures (the venture capital investment arm of Alibaba Group), Nationwide Insurance and returning investors Aleph, Mosaic Ventures, Slow Ventures, True Ventures and Tusk… Continue reading Nexar gets $30M Series B for its AI-based road safety dashcams and network
The dealers of Renault won 700,000 euros on average in 2017, with a return of 1.7%
Posted 1/24/2018 12:16:12 PM The financial RCI granted loans in Spain for about 1,000 million euros in 2017 MADRID, 24 Jan. (EUROPA PRESS) – The network of dealerships of the French automobile consortium Renault in Spain closed last year with an average return on turnover of between 1.65% and 1.7%, as announced by the general… Continue reading The dealers of Renault won 700,000 euros on average in 2017, with a return of 1.7%
India: CarTrade acquires majority stake in Shriram Automall for $24.5m
January 24, 2018 Online automobile classified platform CarTrade, operated by MXC Solution Private Ltd, is acquiring a majority stake in Shriram Automall India Ltd (SAMIL) for nearly $24.5 million to create India’s largest used vehicle platform. CarTrade will acquire shares in SAMIL from Shriram Transport Finance Company Limited (STFC), the latter said in a BSE… Continue reading India: CarTrade acquires majority stake in Shriram Automall for $24.5m
Uber’s CEO said that self-driving cars will hit the road in less than 2 years
Uber CEO Dara Khosrowshahi. Getty The world’s most powerful and influential people are meeting in Davos, Switzerland, to discuss various important topics and issues. Bloomberg hosted a conference named “The Year Ahead” there, where Uber CEO Dara Khosrowshahi attended and spoke. He said that he fully expects autonomous cars to hit the road within 18 months,… Continue reading Uber’s CEO said that self-driving cars will hit the road in less than 2 years
Thales and Vector collaborate on connected car cybersecurity
Thales, through its German company Sysgo, and Vector, the Stuttgart-based specialist for automotive embedded electronics founded a joint-venture to address the critical issue of multiple software managing multiple – often safety-critical – functions. The volume and complexity of software used to manage virtually every aspect of a connected or autonomous vehicle, both mechanic and electronic,… Continue reading Thales and Vector collaborate on connected car cybersecurity