Category: Automotive

Audi to join Mercedes, BMW development alliance: paper

FILE PHOTO: An Audi logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy FRANKFURT (Reuters) – Audi (NSUG.DE) is set to join an alliance with rivals Daimler (DAIGn.DE) and BMW (BMWG.DE) to develop advanced driving assistance systems, German weekly Wirtschaftswoche said on Thursday. The companies are… Continue reading Audi to join Mercedes, BMW development alliance: paper

Daimler delivers its first electric Freightliner eCascadia to US customers

Stuttgart / Los Angeles – Daimler Trucks is further expanding its field tests for medium and heavy-duty e-trucks in North America: This week, American customers Penske Truck Leasing and NFI Industries have acquired the first heavy-duty Freightliner eCascadia trucks (class 8) with a range of up to 250 miles (400 km). Since the end of 2018, both carriers have… Continue reading Daimler delivers its first electric Freightliner eCascadia to US customers

Continental Invests in Production Systems for Agricultural Industry at Hanover Site

Technology company expands power transmission belt production and invests more than 2.5 million euros in agriculture sector, a key business for the future New production line raises production output and boosts competitiveness Test rig developed in-house tests load capacity, robustness and quality of variable-speed belts Hanover, August 22, 2019. Technology company Continental is expanding its… Continue reading Continental Invests in Production Systems for Agricultural Industry at Hanover Site

Hertz Weighs in on Fox Sale to Europcar

Marinello responded that Hertz strategically uses Dollar and Thrifty to compete in the budget-conscious space occupied by Fox. Photo via Europcar.  In Hertz Global Holdings’s second quarter earnings conference call, held Aug. 7, CEO Kathy Marinello offered some thoughts on the recent sale of Fox Rent A Car to Europcar.  The comments came during the… Continue reading Hertz Weighs in on Fox Sale to Europcar

Avis’s Connected Car Initiatives Bearing Fruit Sooner than Expected

Avis intends to expand its TNC rentals exponentially, by implementing continued use of connected cars.  Photo via Lyft.  Avis Budget Group’s second quarter conference call outlined how the company’s connected car initiatives are beginning to bear fruit right now. As a quick refresher, the “connected car” is a telematics-enabled vehicle that allows the company to… Continue reading Avis’s Connected Car Initiatives Bearing Fruit Sooner than Expected

Tesla’s head of Autopilot software leaves in restructuring

Tesla’s head of Autopilot software, Stuart Bowers, has left the automaker to work for the venture capital firm Greylock after a restructuring of the Autopilot team. Over the last few months, there have been several reports about a restructuring of Tesla’s Autopilot team. In May, we reported that Tesla was restructuring its Autopilot software team… Continue reading Tesla’s head of Autopilot software leaves in restructuring

Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China – sources

SHANGHAI (Reuters) – German auto maker Daimler AG (DAIGn.DE) plans to build Mercedes Benz-branded heavy trucks in China by revamping truck plants owned by its local joint venture, according to a document seen by Reuters and two sources familiar with the matter. FILE PHOTO: Visitors surround an Actros truck of German truck maker Mercedes-Benz at… Continue reading Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China – sources