The Automotive Aftermarket division (AA) provides the aftermarket and repair shops worldwide with modern diagnostic and repair shop equipment and a wide range of spare parts – from new and exchange parts to repair solutions – for passenger cars and commercial vehicles. Its product portfolio includes products made as Bosch original equipment, as well as… Continue reading With its comprehensive range of spare parts, Bosch Classic keeps classic cars and young classic cars running
Category: Automotive
Gestamp recorded revenues of €9,065m in 201927.02.2020Gestamp is prepared to deliver sustainable development and performance and to achieve it lightwe…
Gestamp, the multinational company specialized in the design, development and manufacture of highly engineered metal components for the automotive industry presented its results for 2019 with revenues of €9,065m in a challenging year for the automotive sector. The reported revenue figure implies a 6.3% growth rate at constant FX in a market that decreased… Continue reading Gestamp recorded revenues of €9,065m in 201927.02.2020Gestamp is prepared to deliver sustainable development and performance and to achieve it lightwe…
@GM: Punch Group Acquires General Motors Propulsion Engineering Center in Turin, Italy
Punch Group Acquires General Motors Propulsion Engineering Center in Turin, Italy Agreement ensures continued operations and employment for Turin workforce 2020-02-27 TURIN, Italy — Punch Group and General Motors announced today that Punch Group has acquired GM’s propulsion engineering center in Turin. The transaction between the two companies includes an engineering services agreement to support… Continue reading @GM: Punch Group Acquires General Motors Propulsion Engineering Center in Turin, Italy
E-bike startup Wheels lays off staff as dockless micromobility struggles continue
Wheels, a Los Angeles-based startup that rents electric bikes in over a dozen cities, is laying off 6 percent of its staff, The Verge has learned. The company is the latest micromobility firm to shed employees in the quest to find a profitable business model. Wheels was founded in early 2019 by Jonathan and Joshua… Continue reading E-bike startup Wheels lays off staff as dockless micromobility struggles continue
Citroën introduces a two-seat EV that costs €19.99 a month
The Citroën Ami is a new take on urban mobility. It’s electric, cheap and doesn’t require a license. In short, it’s less of a car and more of an electric scooter with two seats, doors and a heater. Jokes aside, the Citroën Ami could be a glimpse at the future of mobility. The innovation isn’t… Continue reading Citroën introduces a two-seat EV that costs €19.99 a month
DoorDash, the $13B on-demand food delivery startup, says it has confidentially filed for an IPO
The on-demand food delivery wars continue to heat up in the U.S. DoorDash announced today that it has filed confidentially to go public. The company noted that its Form S-1, a draft registration statement, was filed with the SEC and is now being reviewed. It did not say how many shares it would potentially sell,… Continue reading DoorDash, the $13B on-demand food delivery startup, says it has confidentially filed for an IPO
Gilead, Moderna Candidates Ramp Up Coronavirus Drug, Vaccine Testing
February 27th, 2020 Xconomy National — An investigational antiviral drug Gilead Sciences has been developing to treat infections caused by the Ebola virus will be tested in about 1,000 adults diagnosed with COVID-19, the novel coronavirus that has infected tens of thousands of people and killed more than 2,500. On Wednesday, Foster City, CA-based Gilead… Continue reading Gilead, Moderna Candidates Ramp Up Coronavirus Drug, Vaccine Testing
Tesla sales in China drop despite start of local production, people panic and TSLA crashes
Tesla’s sales in China have dropped significantly in the first month of the year despite Tesla starting local production and deliveries. The drop also happened before the ramp-up in fear over the coronavirus and now Tesla’s stock is taking a major hit. The entire market has been hit this week due to fear of the… Continue reading Tesla sales in China drop despite start of local production, people panic and TSLA crashes
Tesla reports fully autonomous miles for first time in years, but it’s nothing to get excited about
Tesla has reported some fully autonomous test miles for the first time in years in the California DMV disengagement report, but it’s nothing to get too excited about. The California DMV makes companies who are testing autonomous vehicles in the state submit yearly “disengagement reports” to release details about each time their autonomous test vehicles… Continue reading Tesla reports fully autonomous miles for first time in years, but it’s nothing to get excited about
Tesla’s massive 1GWh Megapack battery project with PG&E is approved
Tesla’s massive project to deploy 1GWh of Megapacks to create a giant energy storage system in California with PG&E has received approval from the local authorities. We first learned of the project at PG&E’s Moss Landing substation when they submitted it to CPUC and the company was in talks with Tesla in 2017. It involves four separate energy storage… Continue reading Tesla’s massive 1GWh Megapack battery project with PG&E is approved