Category: Automotive

Prosecutor investigates ex-BMW manager

A former manager of BMW has been targeted by the prosecutor. He is suspected of having received kickbacks for years. BMW headquarters in Munich Thursday, 11.01.2018 15:46 clock The prosecutor Munich I investigates against a former BMWManager and eight other accused. This was confirmed by the group. As the “Wirtschaftswoche” reports, citing the Munich authorities,… Continue reading Prosecutor investigates ex-BMW manager

Singapore’s BM Mobility offers to buy Malaysia’s electric car-sharing firm UNiRIDE

January 11, 2018 BM Mobility Ltd, a Singapore-listed investment holding firm, said Thursday that it has offered to acquire Malaysian electric car- sharing firm UNiRide Ecotour Sdn Bhd (UNiRIDE), for RM850,000 ($212,944). UNiRIDE, founded in 2015, is currently 75%-owned by Wanted Marketing Communications Sdn Bhd, an authorized sales agent for electric bike manufacturer Treeletrik Sdn… Continue reading Singapore’s BM Mobility offers to buy Malaysia’s electric car-sharing firm UNiRIDE

Blacksburg’s Torc Robotics showcasing autonomous car at CES in Las Vegas

LAS VEGAS, NV A Blacksburg company is getting international exposure this week at one of the largest technology expo’s in the world. Torc Robotics is at CES in Las Vegas where thousands of tech insiders introduce next generation products on a global stage. Torc is offering consumers private rides in its self driving cars, marking… Continue reading Blacksburg’s Torc Robotics showcasing autonomous car at CES in Las Vegas

UPDATE 1-Hyundai invests in Grab to gain ‘foothold’ in Southeast Asia ride-hailing market

SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) said on Thursday it had invested in Southeast Asian ride-hailing firm Grab, as it seeks to expand into the region to reduce its reliance on China following a damaging diplomatic row between Seoul and Beijing. Hyundai’s first direct investment in a ride-hailing firm gives it a… Continue reading UPDATE 1-Hyundai invests in Grab to gain ‘foothold’ in Southeast Asia ride-hailing market

Uber rival Taxify expands into Lisbon while eyeing fresh funding

FRANKFURT (Reuters) – Taxify, Uber’s upstart European-based rival, is looking to expand during the coming year outside of the biggest cities in the more than 20 countries where it now operates into secondary markets, Chief Executive Markus Villig said on Thursday. The Estonia-based taxi-hailing platform active in Central and Eastern Europe and Africa, has taken… Continue reading Uber rival Taxify expands into Lisbon while eyeing fresh funding

Ford sued in federal court over claims of diesel emissions cheating

CLOSE Pushing the price boundaries again, Ford debuted the 2018 F-Series Super Duty Limited pickup truck Thursday at the State Fair of Texas that inches the once-humble haulers closer to the $100,000 mark. USA TODAY Ford Motor Co. is being sued over allegations that it cheated on diesel emissions testing.(Photo: Ford Motor Company) Super Duty… Continue reading Ford sued in federal court over claims of diesel emissions cheating

Panasonic Develops “Halogen-free Ultra-low Transmission Loss Circuit Board Material” for Millimeter-wave Band Antennas

Osaka, Japan – Panasonic Corporation has developed “Halogen-free Ultra-low Transmission Loss Circuit Board Material (Product No. R-5515)”. This material is suitable for millimeter-wave band [1] antenna circuit boards and will start mass production in April 2019. It achieves the industry’s lowest(*1) transmission loss [2] in the millimeter-wave band signal with thermosetting resins. As the result,… Continue reading Panasonic Develops “Halogen-free Ultra-low Transmission Loss Circuit Board Material” for Millimeter-wave Band Antennas

Xpeng Motors premieres its EV-G3 at 2018 International with 4 prominent attributes to Usher in A new Era of Autonomous Driving Experience.

LAS VEGAS, Jan. 10, 2018 /PRNewswire/ — On January 9, Xpeng Motors debuts its ready-to-sell production car at the International CES 2018 in Las Vegas, NV, USA. It is also the first mass production version of the intelligent car released by Chinese carmakers at CES. Xpeng Motors named its first production model G3. “G” is… Continue reading Xpeng Motors premieres its EV-G3 at 2018 International with 4 prominent attributes to Usher in A new Era of Autonomous Driving Experience.

Toyota C-HR leads the pack as the top-selling new SUV in 2017

Toyota City, Japan, January 11, 2018―Toyota Motor Corporation today revealed strong results for its C-HR model in 2017(Jan.-Dec.), with sales topping 117,299 units1, earning the top spot among all automakers in the number of new SUVs sold in Japan in 2017. The C-HR debuted in December 2016 as an SUV that reflects Toyota’s commitment to… Continue reading Toyota C-HR leads the pack as the top-selling new SUV in 2017