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Jul. 25, 2019
Toyota Expands Collaboration in Mobility as a Service (MaaS) with Didi Chuxing, a Leading Ride-hailing PlatformEstablishment of a joint venture for vehicle-related services for ride-hailing drivers, and investment in DiDi and joint venture
CHINA has long been a key market for global automotive manufacturers.The single biggest investment in the category is Geely’s stake in Daimler, which it bought for US$9 billion in February 2018, gaining about 9.7 per cent of the company and making it the single biggest shareholder in the German luxury-car company.The purchase by BAIC makes it the third-largest shareholder of Daimler and represents the biggest strategic investment by a Chinese government entity into a global carmaker.
AUTOMOTIVE group Cycle & Carriage Singapore on Thursday said it has entered the car leasing business through the formation of a new unit wholly owned by parent company Jardine Cycle & Carriage (Jardine C&C).The new unit, Cycle & Carriage Leasing, will provide various leasing options from daily rentals to long-term car rentals of up to three years, and will also be available to private hire drivers.Cycle & Carriage Leasing’s fleet will consist mainly of brands represented by Cycle & Carriage Singapore – namely Kia Cerato, Kia Stonic, Kia Niro Hybrid as well as Mitsubishi Attrage.
…sale of GKN, a manufacturer of aircraft and automotive components, drew criticism from politicians and trade unions who argued its sale to a turnround specialist could put jobs and investment in the…
Japanese carmaker suffers 95% fall in net profit for first quarter Go to Source
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Contemporary interior style creates calm and comfortable cabin Advanced connectivity experience is delivered through a five screen full-width digital dashboard AI-powered ‘Honda Personal Assistant’ delivers voice-accessible services Honda smartphone application keeps owners remotely connected to Honda e for peace-of-mind Digital key enables easy-to-use control of vehicle security remotely The new Honda e features intuitive and… Continue reading HONDA E OFFERS ADVANCED CONNECTIVITY FOR MODERN LIFESTYLES
Faurecia, an automotive technology company, and Microsoft announced a partnership to create disruptive, connected and personalized services inside the Cockpit of the Future. Combining experience in edge-computing, artificial intelligence, cloud-based services, cockpit systems integration and consumer insights, Faurecia targets to collaborate with Microsoft to develop digital services based on Microsoft Connected Vehicle Platform to reinvent… Continue reading Faurecia and Microsoft to collaborate for digital services inside the cockpit of the future
SpaceX encountered a snag in an attempted test key to the development of its next-generation Starship spacecraft. Specifically, the StarHopper sub scale demonstration and testing craft it’s using to work on the Starthip’s propulsion system fails to undertake its first untethered test flight at a testing site in Boca Chica Beach in Texas, The plan… Continue reading SpaceX untethered StarHopper ‘hop’ test flight aborted after engines briefly flare
Tesla is set to aggressively ramp up the rate at which it opens new service facilities, according to CEO Elon Musk’s guidance on the company’s Q2 2019 earnings call. In total, Tesla opened 25 new service centers during the quarter, and added 100 new service vehicles to its existing fleet — which is in contrast… Continue reading Tesla focuses on service with 25 new service centers in Q2, rate of new openings to ‘increase’