Category: Automotive

Anthony Levandowski ordered to pay $179 million to Google

Anthony Levandowski, the engineer and autonomous vehicle startup founder who was at the center of a trade secrets lawsuit between Uber and Waymo, has been ordered to pay $179 million to end a contract dispute over his departure from Google. Reuters was the first to report the court order. An arbitration panel ruled in December… Continue reading Anthony Levandowski ordered to pay $179 million to Google

Ex-Uber self-driving head declares bankruptcy after $179 million loss to Google

SAN FRANCISCO (Reuters) – The former head of Uber Technologies Inc’s self-driving technology unit, Anthony Levandowski, filed for bankruptcy protection on Wednesday, shortly after a court confirmed that he must pay $179 million to Google to end a legal battle over his split from the Alphabet Inc unit. FILE PHOTO: Former Google and Uber engineer… Continue reading Ex-Uber self-driving head declares bankruptcy after $179 million loss to Google

Driverless car startup Five raises $41m investment from Direct Line and Airbnb backer – City A.M.

London tech firm Five has today closed $41m in funding from a slew of new investors, including Trustbridge Partners, Direct Line and Sistema VC. The series B fundraising was supported by existing backers Lakestar, Amadeus Capital Partners, Kindred Capital and Notion Capital — which between them have backed the likes of Airbnb, Klarna, Graphcore and… Continue reading Driverless car startup Five raises $41m investment from Direct Line and Airbnb backer – City A.M.

@GM: GM Reveals New Ultium Batteries and a Flexible Global Platform to Rapidly Grow its EV Portfolio

GM Reveals New Ultium Batteries and a Flexible Global Platform to Rapidly Grow its EV Portfolio 2020-03-04 WARREN, Mich. – Starting today, General Motors Co. (NYSE: GM) is gathering hundreds of employees, dealers, investors, analysts, media and policymakers to share details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably.… Continue reading @GM: GM Reveals New Ultium Batteries and a Flexible Global Platform to Rapidly Grow its EV Portfolio

Uber driver reclassified as employee in France

France’s Court of Cassation, a court of last resort, has ruled that a former Uber driver should have been considered an employee instead of a self-employed partner. As the Court of Cassation is the supreme court of appeal in that case, Uber can no longer appeal the decision. Back in June 2017, an Uber driver… Continue reading Uber driver reclassified as employee in France

Head of Ram, Fiat Chrysler sales exits after his whistleblower lawsuit

The head of Fiat Chrysler Automobiles NV’s Ram truck brand and U.S. sales is leaving the company almost eight months after he filed a federal whistleblower lawsuit against his employer. Reid Bigland will leave effective April 3 to “pursue interests outside of FCA,” the Italian American automaker said Wednesday in a statement. His departure means the… Continue reading Head of Ram, Fiat Chrysler sales exits after his whistleblower lawsuit

@VW Group: SEAT and CUPRA make their electric offensive a reality

SEAT is making its roadmap for electrification announced last year a reality. After presenting the new generation SEAT and CUPRA Leon, which have plug-in hybrid versions, the company has presented the production version of the CUPRA Formentor in a web video conference, which was meant to be showcased at Geneva Motorshow. Formentor is the first vehicle… Continue reading @VW Group: SEAT and CUPRA make their electric offensive a reality

@VW Group: Covers come off the CUPRA Formentor

Formentor is the first model exclusively developed for CUPRA, becoming the most emotional model in the brand’s range CUPRA Formentor combines a striking design, high performance powertrains and great levels of practicality in a CUV body type The sophistication and sportiness offered in the Formentor set new standards for a CUPRA model The CUPRA Formentor… Continue reading @VW Group: Covers come off the CUPRA Formentor

@VW Group: Wayne Griffiths, new Chairman of the Board of Directors of CUPRA

Wayne Griffiths (Dukinfield, United Kingdom, 1966) has been appointed Chairman of the Board of Directors of CUPRA. Griffiths thus adds this new responsibility to his position as SEAT Executive Vice-President for Sales and Marketing and CUPRA Chief Executive Officer.   The Board of Directors of CUPRA is completed with Carsten Isensee, acting SEAT President and… Continue reading @VW Group: Wayne Griffiths, new Chairman of the Board of Directors of CUPRA