July 24, 2019 – Stuttgart (Germany). Today Daimler Financial Services AG will begin operating under the name of Daimler Mobility AG and act as a provider of services in the field of financing, leasing, insurance and fleet management for the entire Daimler Group. Furthermore, the Daimler Mobility business division is a strategic investor in mobility… Continue reading 24. Jul 2019Daimler Financial Services AG today becomes Daimler Mobility AG
Category: Automotive
24. Jul 2019IR Release: Daimler reports second-quarter 2019 results
July 24, 2019 – Daimler intensified portfolio review and efficiency programs and expects significant improvement of EBIT and free cash flow in second half of year 2019. Our second quarter results were mainly impacted by exceptional items of 4.2 billion euros. Therefore, our focus for the second half of this year is on improving our… Continue reading 24. Jul 2019IR Release: Daimler reports second-quarter 2019 results
News Coverage: Velodyne and Kaarta Technologies Team for Fast, Easy Surface Mapping.
July 24, 2019 Lidar technology can enable ground surface mapping solutions that help city governments plan for infrastructure improvements as well as parking and traffic management. Spencer Chin wrote a FierceElectronics story about how Kaarta has included Velodyne’s lidar technology in the new Kaarta Stencil 2-32 ground surface mapping solution. He noted that Stencil 2-32… Continue reading News Coverage: Velodyne and Kaarta Technologies Team for Fast, Easy Surface Mapping.
Ford shutters French transmission plant
Bordeaux: A Ford plant that produced transmissions in southwestern France shut down for good on Wednesday after the carmaker brushed aside efforts save some operations at the facility that had employed up to 3,600 people. The factory in Blanquefort, outside Bordeaux, was scheduled to close on July 31 but “people arrived this morning and were… Continue reading Ford shutters French transmission plant
Tata Motors Delivered 40 EV Buses In India. More Orders Coming
Orders are now coming quickly – six agencies already placed orders for a total of 255 electric buses. Tata Motors is waking up in the electric bus segment in India. The company recently delivered 40 9m buses to Jammu and Kashmir. The Ultra Electric buses for Jammu & Kashmir State Road Transport Corporation are rated… Continue reading Tata Motors Delivered 40 EV Buses In India. More Orders Coming
Aston Martin Plunges After Cutting Vehicle Sales Forecast on Challenging Outlook
Aston Martin Lagonda cut its full-year sales forecast by as much as 14% after weakness in key markets intensified, joining a range of carmakers to warn of a worsening outlook.
Sixt Upgrades Car Subscription Service
Depending on the model, the car subscription starts at a price of 239 euros ($266) per month and includes an all-round carefree package including fully comprehensive insurance coverage, maintenance, taxes, winter tires, and many other services. Photo via Sixt. Sixt is launching the new generation of its “Sixt Flat Nonstop” car subscription program. Customers of the mobility service… Continue reading Sixt Upgrades Car Subscription Service
Audi Hungaria announces HUF 41 bln expansion
German car maker Audi will spend HUF 41 billion to expand its vehicle manufacturing infrastructure, engine development center and electric motor unit in Hungary, Minister of Foreign Affairs and Trade Péter Szijjártó said on Tuesday.Audi Hungaria Chairman Achim Heinfling – who departs the local unit in the fall to take over management of Audi AGʼs principal assembly plant in Ingolstadt, Germany – said the investment will be completed by the end of 2020.Audi Hungaria is playing a leading role in the area of electromobility within the Audi group, Heinfling observed.
German Car-Parts Maker Put Up for Sale Amid Spat Between Owners
German auto parts maker Weber Automotive GmbH has been put up for sale as part of insolvency proceedings that started this month, according to a company spokesman.
Ride-hailing giant Uber partners Sun Mobilty to deploy e-autos in India
Chetan Maini-led Sun Mobilty and ride hailing application Uber Technologies on Wednesday announced their partnership to deploy electric three-wheelers across select cities in India. As part of the arrangement, Sun Mobility will offer its energy infrastructure platform, which includes swappable smart batteries and quick interchange stations to select original equipment manufacturers (OEMs) for building electric… Continue reading Ride-hailing giant Uber partners Sun Mobilty to deploy e-autos in India