Robert Bosch Venture Capital participates in US $22.5 Million Series B funding round of CelLink

About RBVC GmbH Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and… Continue reading Robert Bosch Venture Capital participates in US $22.5 Million Series B funding round of CelLink

Waymo expands self-driving services to include B2B car parts delivery trial

Self-driving vehicle technology company Waymo has expanded its business relationship with automotive retail company AutoNation, the companies announced today. The new extension builds on the existing partnership between Waymo and AutoNation, which began as a way for Waymo to service its Phoenix, Ariz.-based vehicles, and which grew last year into an arrangement wherein Waymo would… Continue reading Waymo expands self-driving services to include B2B car parts delivery trial

Decision by GM, FCA to side with Trump in mpg fight draws fire

Washington — Democrats in the U.S. House of Representatives railed against General Motors Co. and Fiat Chrysler Automobiles NV on Tuesday for siding with the Trump administration in a legal fight with California over gas mileage rules for the nation’s auto industry. And in testimony before a House panel Tuesday, former California Gov. Jerry Brown singled out GM,… Continue reading Decision by GM, FCA to side with Trump in mpg fight draws fire

UPDATE 1-Mercedes recalls some EQC electric cars due to potentially faulty bolt

FILE PHOTO: The Mercedes-Benz logo is seen on a Mercedes-Benz F125 concept car that is electrically powered by a hydrogen fuel cell at the Hannover Fair in Hanover, Germany, April 25, 2016. REUTERS/Wolfgang Rattay FRANKFURT (Reuters) – Daimler is recalling some new Mercedes-Benz EQC electric cars because of a potentially defective bolt in the differential,… Continue reading UPDATE 1-Mercedes recalls some EQC electric cars due to potentially faulty bolt

Dealers target EV and hybrid stock as average prices rise

The used car market gained significant momentum during Q3. Demand was strong and conversion rates rose to the mid 90% during September according to the latest market insights report from Aston Barclay. Average prices of used EVs and hybrids reached their highest since the insights report was launched in 2017 at £14,012, while sub 24-month… Continue reading Dealers target EV and hybrid stock as average prices rise

Fiat Chrysler, Peugeot owner PSA in talks to combine – WSJ

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. REUTERS/Rebecca Cook (Reuters) – Fiat Chrysler FCAU.n and Peugeot owner PSA are in talks to combine in a deal that could create a $50 billion auto giant, the Wall Street Journal reported on… Continue reading Fiat Chrysler, Peugeot owner PSA in talks to combine – WSJ