Ankur Mehrotra, Grab Financial Group’s managing director, is planning to quit the firm to join the Indonesia-based bookkeeping app, Bloomberg reported. Go to Source
Category: Automotive
Carvana: used car purveyor learns the hazards of Wall Street dependency
The Arizona-based user car retailer’s model has hit a speed bump, leaving it a constant target of critics and short sellers Go to Source
Visteon Announces First-Quarter 2022 Results
VAN BUREN TOWNSHIP, Mich., April 28, 2022 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today reported first quarter financial results. Highlights include: Sales of $818 million, up 11%1 from prior year Growth-over-market of 22%1 versus top customers’ vehicle production Net income of $22 million Adjusted EBITDA of $71 million or 8.7% of sales 16 new… Continue reading Visteon Announces First-Quarter 2022 Results
China: Pony.ai receives another robot taxi license
The first robot taxi in China is a vehicle from the start-up Pony.ai. The enterprise Pony.ai has received approval to use 100 autonomous vehicles as traditional taxis in Guangzhouto operate and is the first company to obtain a taxi license in China. [embedded content] Pony.ai will start as early as May with the vehicles that… Continue reading China: Pony.ai receives another robot taxi license
Beijing grants first driverless robotaxi licenses to Baidu and Pony.ai
Chinese capital shows its preference for nurturing high tech and hardware groups over ecommerce outfits Go to Source
Geely-Proton: READ MORE000036
28 Apr 2022 PROTON INKS DEAL TO RETURN TO SOUTH AFRICA – CMH Group appointed as distributor for PROTON- Export sales increase by 175% for first quarter of 2022 Subang Jaya, 28 April 2022 – National car maker PROTON has signed an agreement to appoint CMH Group as the distributor for Proton vehicles in South… Continue reading Geely-Proton: READ MORE000036
@Geely: Thu 28 Apr 2022Lotus Mayfair: landmark London location for first ever global store and digital showroom 1 | 6 | 0 Many of the world’s…
Piccadilly store directly opposite iconic Ritz Hotel will open this autumn – the first of many in major world cities Two-storey site includes three-car showroom, the perfect shop window for Eletre, Emira and Evija Lotus Mayfair will serve as London home for Lotus Advanced Performance division Hethel, UK – 28 April 2022 Many of the… Continue reading @Geely: Thu 28 Apr 2022Lotus Mayfair: landmark London location for first ever global store and digital showroom 1 | 6 | 0 Many of the world’s…
Bosch presents innovative collision warning system for forklifts at LogiMAT
Mobility Solutions is the largest Bosch Group business sector. According to preliminary figures, it generated sales of 45.4 billion euros in 2021, and thus contributed 58 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is… Continue reading Bosch presents innovative collision warning system for forklifts at LogiMAT
Electrical vehicle charging forecourt proposed
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UK car production drops as firms struggle to get parts
Almost 100,000 fewer cars were built in the first three months of 2022 compared to last year. Go to Source