March 03, 2021 11:59 AM Ellesmere Port factory could focus on electric cars Reuters PARIS — Any investment by Stellantis in its Vauxhall plant in Ellesmere Port, England, is dependent on support from the British government, CEO Carlos Tavares said in an interview with a French newspaper. Tavares said the automaker was now looking at… Continue reading Stellantis waiting for UK support on Vauxhall plant – Automotive News Europe
Category: Automotive
Jeep-Owner Stellantis Is Open to Dropping Cherokee Name, CEO Says – The Wall Street Journal
The head of Jeep’s owner said he is open to dropping the Cherokee name from vehicles after recent criticism from the Native American tribe’s leader. Carlos Tavares, chief executive officer of the recently formed Stellantis NV, said the company was engaged in dialogue with the Cherokee Nation over its use of the name. Jeep has… Continue reading Jeep-Owner Stellantis Is Open to Dropping Cherokee Name, CEO Says – The Wall Street Journal
Stellantis does not rule out M&A operations but now focusing on itself: CEO – CNA
Business Stellantis Chief Executive said he did not rule out extraordinary operations for the company although the car maker is now focused on itself, speaking in an interview published on Thursday. FILE PHOTO: Carlos Tavares, when Chief Executive Officer and Chairman of the Managing Board of PSA Group, attends the Tomorrow In Motion event on… Continue reading Stellantis does not rule out M&A operations but now focusing on itself: CEO – CNA
@Honda: Honda launches next generation Honda SENSING Elite safety system with Level 3 automated driving features
Honda launches new Honda SENSING Elite safety system Fitted to Honda Legend Hybrid EX available for lease in Japan Honda SENSING Elite features ‘Traffic Jam Pilot’ function, first Level 3 automated technology to be recognized by Japanese authorities Other features include ‘Hands-off’ and ‘Emergency Stop Assist’ Honda Motor Co., Ltd. will begin lease sales… Continue reading @Honda: Honda launches next generation Honda SENSING Elite safety system with Level 3 automated driving features
Rupee slumps 27 paise to 72.99 against US dollar in early trade
On Wednesday, the rupee had settled at 72.72 against the American currency. Mumbai: The Indian rupee slumped 27 paise to 72.99 against the US dollar in opening trade on Thursday, weighed down by a rebound in the US dollar and lacklustre opening in domestic equities. At the interbank forex market, the domestic unit opened at… Continue reading Rupee slumps 27 paise to 72.99 against US dollar in early trade
Auto decline started before pandemic: ZF
The slump in the automobile sector in the country started pre-pandemic. Pune: The Indian arm of the German auto components manufacturer ZF has said the slump in the automobile sector in the country started pre-pandemic, although green shoots have been visible since mid-2020, with regulations and pent-up demand starting to take effect. “The drop in… Continue reading Auto decline started before pandemic: ZF
Labour codes face delay as states fail to frame rules
The government’s plan for a fast-track roll out of the four labour codes is facing some turbulence with states still to frame rules, leaving the Centre in a limbo about whether it should notify the rules in areas under its ambit. Absence of state rules may create a legal vacuum and defeat the entire purpose… Continue reading Labour codes face delay as states fail to frame rules
Industry leaders wary of job quota in pvt sector, say skill set a worry
According to industry bodies, around 75% workforce in the automotive sector, 90% in the garment and apparel industry, 80% in IT & ITeS, 50% in retail and 85% in the construction sector are from outside Haryana. Gurgaon: The new Haryana law reserving 75% of private sector jobs for the state’s residents will impact the allied… Continue reading Industry leaders wary of job quota in pvt sector, say skill set a worry
@VW Group: Porsche, Audi and Volkswagen use Artificial Intelligence to minimise sustainability risks002545
The Porsche Newsroom is a service provided by the Porsche Communication for journalists, bloggers and the online community. © 2021 Dr. Ing. h.c. F. Porsche AG * Data determined in accordance with the measurement method required by law. Since 1 September 2017 certain new cars have been type approved in accordance with the Worldwide Harmonised Light Vehicles… Continue reading @VW Group: Porsche, Audi and Volkswagen use Artificial Intelligence to minimise sustainability risks002545
Turntide Technologies Raises $80M in Funding
Turntide Technologies, a Sunnyvale, CA-based intelligent motor system maker, completed an $80m funding round. The round, which brought total funding to date to $180m, was led by Breakthrough Energy Ventures with participation from Robert Downey Jr.’s FootPrint Coalition Ventures, the Amazon Climate Pledge Fund, Keyframe Capital, Fifth Wall’s Climate Technology Fund and Captain Planet LP. The company intends to… Continue reading Turntide Technologies Raises $80M in Funding