New proof of the enthusiasm of investors for car pooling. The start-up of Olivier Binet, Karos, has completed a tour de table amounting to 4.2 million euros. The competition is raging on the carpool market. In the middle of a series of strikes at the SNCF, the alternative mobility solution signs a new fundraiser. This… Continue reading Carpool: Karos raises 4.2 million to lead the race
Category: Automotive
Panasonic Commercializes a High Vibration Acceleration-resistant, Power Choke Coil for Automotive Use
Osaka, Japan – Panasonic Corporation announced today that it has commercialized a high vibration acceleration-resistant (50 G or higher), surface-mounted type power choke coil [1] (10 mm square size) suitable for power circuits in automotive electronic control units (ECUs) employed in hybrid electric vehicles, electric vehicles, and gasoline-powered vehicles. The company will launch the new… Continue reading Panasonic Commercializes a High Vibration Acceleration-resistant, Power Choke Coil for Automotive Use
Inside BMW’s Autonomous Driving Campus and plans
Dr. Dirk Wisselmann, senior expert for autonomous driving at BMW, tells me that the automaker’s first level 3 car will have the technical capabilities for level 4 or 5 highway driving. “We can create a software update (for the car) and inform our drivers, ‘We are are very confident on this road. We are very… Continue reading Inside BMW’s Autonomous Driving Campus and plans
Alibaba Accelerates Autonomous Driving Research, Following In Footsteps Of Baidu And Tencent
Alibaba Group Holding Ltd. is accelerating its research and development of autonomous driving technology, and is looking to recruit more than 50 people to build up its team, people familiar with the matters told China Money Network. The news comes a week after Alibaba’s rival Tencent Holdings Ltd. set up a joint venture with Chinese automobile manufacturer… Continue reading Alibaba Accelerates Autonomous Driving Research, Following In Footsteps Of Baidu And Tencent
Escalation at Opel: Ministers ask PSA chief for crisis summit – and Tavares does not come
All articles and backgrounds 04/16/2018 Escalation at Opel Minister ask PSA chief for crisis summit – and Tavares is not coming AP; AFP; REUTERS Economics Minister Peter Altmaier, Carlos Tavarez, Labor Minister Hubertus Heil: Two federal ministers invite – and the boss of the Opel-dam PSA does not come When PSA boss Carlos Tavares telephoned… Continue reading Escalation at Opel: Ministers ask PSA chief for crisis summit – and Tavares does not come
Dispute over redevelopment plan: PSA postpones investment in Eisenach
Michael Lohscheller The Opel boss told the employees that the decision to invest in Eisenach is delayed. (Photo: AP) In the upcoming renovation of the car manufacturer Opel the fronts are hardening between management and employees. Because of the resistance of IG Metall, the executive committee of the parent company PSA has suspended the planned… Continue reading Dispute over redevelopment plan: PSA postpones investment in Eisenach
Car-sharing startup Turo raises additional $12 million
Peer-to-peer car-sharing marketplace Turo has officially closed a $104 million Series D round. This comes following a $12 million investment from Sumitomo Corporation and American Express Ventures, on top of a $92 million raise earlier this year. “As a company that is intensely focused on enabling its customers to have unique travel experiences, American Express’… Continue reading Car-sharing startup Turo raises additional $12 million
UPDATE 1-VW’s trucks division open to buying majority of Navistar -CFO
MUNICH (Reuters) – Volkswagen (VOWG_p.DE) is open to buying at some point a majority stake in U.S. truckmaker Navistar International Corp (NAV.N) as it pushes to expand its truck division’s global presence and tap capital markets. FILE PHOTO: A VW sign is seen outside a Volkswagen dealership in London, Britain November 5, 2015. REUTERS/Suzanne Plunkett/File… Continue reading UPDATE 1-VW’s trucks division open to buying majority of Navistar -CFO
Jaguar Land Rover confirms plans to cut 1,000 UK jobs
Jaguar Land Rover has confirmed plans to shed 1,000 jobs as it cuts production at two sites. Britain’s biggest carmaker said it had been informing employees about the decision on Monday – after reports had emerged last week. A spokesman confirmed that 1,000 agency staff at Solihull were not having their contracts renewed. Meanwhile, 362… Continue reading Jaguar Land Rover confirms plans to cut 1,000 UK jobs
JAGUAR LAND ROVER STATEMENT ON 2018/19 PRODUCTION PLANS
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