Auto industry: Fiat Chrysler and PSA want to seal their merger – experts fear wave of layoffs

Munich, Paris, Milan, New York The verdict of PSA-Manager about the possible merger partner is tough. The offer of Fiat Chrysler (FCA) for many future technologies is simply “not at the state of the art”, it says in a 40-page executive presentation in November, which is available to the Handelsblatt. Neither the alternative drives and… Continue reading Auto industry: Fiat Chrysler and PSA want to seal their merger – experts fear wave of layoffs

Uber doubles down on micromobility

Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. Today we’re looking into Uber’s bike bet and what the push could mean for Lime and other micromobility companies working to find a sustainable business model. As profitability comes back into vogue among investors at… Continue reading Uber doubles down on micromobility

General Motors Offers SiriusXM with 360L on Nearly 1 Million Vehicles

DETROIT, Dec. 17, 2019 /PRNewswire/ — General Motors is bringing a new way to listen to music, sports and talk shows to nearly 1 million Chevrolet, Buick, GMC and Cadillac owners with SiriusXM with 360L. Available on select 2020 model year vehicles, the rollout is the broadest integration by any automaker of SiriusXM’s next generation listening… Continue reading General Motors Offers SiriusXM with 360L on Nearly 1 Million Vehicles

Ineos partners Magna Steyr for Grenadier 4×4

Ineos Automotive boss Dirk Heilmann (front left) shakes hands with Magna vice-president Helmut Gasser next to a Steyr-Daimler-Puch Pinzgauer 4×4 Ineos Automotive has named major automotive engineering firm Magna Steyr as its engineering partner for the development of its forthcoming Grenadier 4×4. The British firm, owned by chemical magnate Jim Ratcliffe, is developing the machine as a no-compromise… Continue reading Ineos partners Magna Steyr for Grenadier 4×4

Fastned Charging Network Expands To Belgium

13 highway locations for 350 kW charging stations have been secured alongside highways. Fastned, one of the major European fast charging networks, announced an important first step in Belgium, where 13 highway locations have been acquired. All the sites are expected to get 350 kW fast chargers (multiple stalls) to enable long-distance travel. “These locations… Continue reading Fastned Charging Network Expands To Belgium

Mahindra Electric’s new CTO Martin Murray bets on affordable EV solution in India

Mahindra Electric, the country’s leading electric vehicle manufacturer, is aggressively looking to make green mobility a reality in India. At present, the company sells electric three- and four-wheelers  and is working on a wide array of products to make India a leading EV hub. Last week, Mahindra Electric announced that Martin Murray who has worked… Continue reading Mahindra Electric’s new CTO Martin Murray bets on affordable EV solution in India

Press Releases – Passenger car registrations: -0.3% 11 months into 2019; +4.9% in November

Brussels, 17 December 2019 – In November 2019, EU demand for new passenger cars increased by 4.9%, marking the third consecutive month of growth this year. In November 2019, EU demand for new passenger cars increased by 4.9%, marking the third consecutive month of growth this year. To a large extent this is the result… Continue reading Press Releases – Passenger car registrations: -0.3% 11 months into 2019; +4.9% in November

@Ford: Double Shot of Sustainability: Ford and McDonald’s Collaborate to Convert Coffee Bean Skin into Car Parts

Collaboration builds on both companies’ commitments to environmental stewardship DUBAI, UAE. December 16, 2019 – Ford Motor Company and McDonald’s USA will soon be giving vehicles a caffeine boost by using part of a familiar staple in the morning routine, coffee beans, in vehicle parts such as headlamp housing. Every year, millions of pounds of… Continue reading @Ford: Double Shot of Sustainability: Ford and McDonald’s Collaborate to Convert Coffee Bean Skin into Car Parts

@BMW: BMW Group digitalisation offensive targets vocational training and secures access to Gen Z talents.// Digital learning and collaboration platforms paired with state-of-the-art mobile devices create an attractive, future-oriented working environment for digital natives.

Munich.  The BMW Group has launched an extensive digitalisation offensive in the field of vocational training. In this way, the company is able to secure future talents. “Our BMW Group employees are a decisive competitive factor. They play a key role in the success of the company – which is particularly important in the digital… Continue reading @BMW: BMW Group digitalisation offensive targets vocational training and secures access to Gen Z talents.// Digital learning and collaboration platforms paired with state-of-the-art mobile devices create an attractive, future-oriented working environment for digital natives.