Category: Automotive

Wandelbots Raises $30M in Series B Funding

Wandelbots, a Dresden, Germany – based developer of a ‘no code’ robot teaching platform, raised $30M in a Series B funding. The round was led by 83North with participation from M12 – Microsoft’s venture fund and Next47 and prior investors Paua Ventures, EQT Ventures and Atlantic Labs, as well as Haniel and Alexander Rinke (CEO… Continue reading Wandelbots Raises $30M in Series B Funding

Renault to cut 1,500 engineering jobs in France: union source

FILE PHOTO: A logo of Renault carmaker is pictured at a dealership in Nantes, France, May 26, 2020. REUTERS/Stephane Mahe PARIS (Reuters) – French carmaker Renault (RENA.PA) plans to cut 1,500 engineering jobs in France, a trade union source told Reuters on Tuesday. The engineering job cuts are part of cost savings plans that Renault… Continue reading Renault to cut 1,500 engineering jobs in France: union source

Chinese AI chip startup Biren bags $155m from Qiming, IDG, others

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading Chinese AI chip startup Biren bags $155m from Qiming, IDG, others

@Mazda: Mazda factories continue to resume operations

The Mazda Motor Corporation would like to express its deepest sympathy and concern for all of those who have been suffering from the novel coronavirus outbreak and extend our condolences to the families it has impacted. Since January this year, infection prevention measures in response to the spread of the novel coronavirus, such as stay-at-home… Continue reading @Mazda: Mazda factories continue to resume operations

@Mazda: The Mazda Motor Corporation would like to express its deepest sympathy and concern for all of those who have been suffering from the novel coronavirus outbreak and extend our condolences to the families it has impacted.

The Mazda Motor Corporation would like to express its deepest sympathy and concern for all of those who have been suffering from the novel coronavirus outbreak and extend our condolences to the families it has impacted. Since January this year, infection prevention measures in response to the spread of the novel coronavirus, such as stay-at-home… Continue reading @Mazda: The Mazda Motor Corporation would like to express its deepest sympathy and concern for all of those who have been suffering from the novel coronavirus outbreak and extend our condolences to the families it has impacted.

@Mazda: Mazda closes fiscal year with stable European sales

The Mazda Motor Corporation today announced its global full-year financial and sales results, reporting global sales of 1,419,000 vehicles during the twelve-month period that ended 31 March 2020. In most regions, the COVID-19 pandemic had a substantial impact on sales performance. In both Japan and in North America, sales were down 6% year-on-year, selling 202,000… Continue reading @Mazda: Mazda closes fiscal year with stable European sales

Renren Announces Appointment of Acting Chief Financial Officer and Change in Board of Directors

BEIJING, June 16, 2020 /PRNewswire/ — Renren Inc. (NYSE: RENN) (“Renren” or the “Company”), which operates a leading premium used auto business in China through its subsidiary Kaixin Auto Holdings (NASDAQ: KXIN) (“Kaixin“) as well as several U.S.-based SaaS businesses, today announced that Ms. Yi Yang has been appointed as acting Chief Financial Officer, effective… Continue reading Renren Announces Appointment of Acting Chief Financial Officer and Change in Board of Directors

MG Motor India begins rolling out Hector Plus from Halol plant

MG Motor India today commenced commercial production of the its Hector Plus, the seven-seater extension of the MG Hector SUV. The Hector Plus is manufactured at the company’s Halol plant, and will go on sale in July 2020. The company says the Hector Plus differentiates itself from the first internet car in India, the Hector… Continue reading MG Motor India begins rolling out Hector Plus from Halol plant