PSA Group, the French owner of Peugeot, is exploring a merger with its US-Italian rival Fiat Chrysler, it has confirmed. A deal between the two carmakers would create a business with a combined market value of nearly $50bn (£39.9bn). This is Fiat Chrysler’s second attempt at a merger this year after it pulled out of… Continue reading Car giants plot US-European mega-merger
Category: Automotive
Honda Unveils the World Premiere of All-new Fit at the 46th Tokyo Motor Show 2019
TOKYO, Oct 23, 2019 – (JCN Newswire) – Honda Motor Co., Ltd. today held the world premiere of the all-new Fit at the 46th Tokyo Motor Show 2019. The all-new Fit will be exhibited at the Honda booth for the duration of the show (Press days: October 23-24, Public days: October 25-November 4, 2019), and… Continue reading Honda Unveils the World Premiere of All-new Fit at the 46th Tokyo Motor Show 2019
Honda to Evolve its Original High-Efficiency Electrification Technologies as “Honda e:TECHNOLOGY”
TOKYO, Oct 23, 2019 – (JCN Newswire) – Honda Motor Co., Ltd. has announced the establishment of Honda e:TECHNOLOGY, a new collective name which represents Honda’s original high-efficiency electrification technologies including electrified two- and four-wheeled mobility products as well as Honda’s energy management technologies. Honda e:TECHNOLOGY embodies “value creation for mobility and people’s daily lives,”… Continue reading Honda to Evolve its Original High-Efficiency Electrification Technologies as “Honda e:TECHNOLOGY”
Ford Makeovers: Quick, Seamless Over-the-Air Software Updates Help Keep Vehicle Tech Current
In 2020, Ford will begin equipping most redesigned vehicles in the U.S. with advanced over-the-air update capability for quick and easy wireless upgrades that can help enhance quality, capability and improve the ownership experience over time while reducing dealer trips Ford becomes a leader in launching bumper-to-bumper, over-the-air updates for nearly all vehicle computer modules,… Continue reading Ford Makeovers: Quick, Seamless Over-the-Air Software Updates Help Keep Vehicle Tech Current
Ford SYNC 4 Brings New Levels of Connectivity, Voice Recognition and Fewer Cords To Make Life on the Go Easy
Ford’s available next generation of SYNC 4 communications and entertainment system brings new levels of intelligence and twice the computing power of SYNC 3 to help make navigation, music and connecting your vehicle to your smartphone faster and easier All-new cloud connectivity combines conversational voice recognition with the power of internet search results, so drivers… Continue reading Ford SYNC 4 Brings New Levels of Connectivity, Voice Recognition and Fewer Cords To Make Life on the Go Easy
Dana Incorporated Reports Third-quarter 2019 Financial Results
MAUMEE, Ohio, Oct. 30, 2019 /PRNewswire/ — Highlights Sales of $2.16 billion Net income attributable to Dana of $111 million; diluted EPS of $0.77 Adjusted EBITDA of $250 million, increase of $10 million; margin of 11.6 percent Diluted adjusted EPS of $0.74 Operating cash flow of $231 million; adjusted free cash flow of $125 million… Continue reading Dana Incorporated Reports Third-quarter 2019 Financial Results
Aptiv Reports Third Quarter 2019 Financial Results
DUBLIN, Oct. 30, 2019 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company enabling the future of mobility, today reported third quarter 2019 U.S. GAAP earnings of $0.96 per diluted share. Excluding special items, third quarter earnings totaled $1.27 per diluted share. These results include the adverse impacts in the third quarter of approximately $0.10… Continue reading Aptiv Reports Third Quarter 2019 Financial Results
Volkswagen’s driverless car ‘startup’ aims to take on Silicon Valley
Autonomous electric cars: Is society ready? Are you ready? ZDNet’s Jason Cipriani and Jason Perlow sit down with Karen Roby to hash out how driverless vehicles will change how we live and the way we think about transportation. Read more: https://zd.net/2JbeGcf Waymo, Tesla or Zoox are the names that usually pop up when looking at… Continue reading Volkswagen’s driverless car ‘startup’ aims to take on Silicon Valley
Elon Musk warns of Tesla Self-Driving price increase as they sit on half a billion in unrecognized revenue
Elon Musk warns that Tesla is about to increase the price of its ‘Full Self-Driving’ package as the company now sits on around half a billion in unrecognized revenue from the unreleased feature. There are many things about how Tesla is approaching self-driving technology that makes it different from the rest of the auto industry.… Continue reading Elon Musk warns of Tesla Self-Driving price increase as they sit on half a billion in unrecognized revenue
360° Wolfsburg – October 2019
The specified fuel consumption and emission data have been determined according to the measurement procedures prescribed by law. Since 1st September 2017, certain new vehicles are already being type-approved according to the Worldwide Harmonized Light Vehicles Test Procedure (WLTP), a more realistic test procedure for measuring fuel consumption and CO2 emissions. Starting on September 1st… Continue reading 360° Wolfsburg – October 2019