Traton expected to price toward lower end of range: sources

FILE PHOTO: Visitors stand at the booth of Volkswagen’s truck unit Traton Group, former Volkswagen Truck & Bus AG, in Hanover, Germany September 19, 2018. REUTERS/Fabian Bimmer/File Photo FRANKFURT (Reuters) – Volkswagen’s truck unit Traton is expected to price toward the lower end of the marketing range in this week’s initial public offering, people close… Continue reading Traton expected to price toward lower end of range: sources

From Hungary to the world: Start of production of the new CLA Shooting Brake at the Mercedes-Benz plant in Kecskemét

Mercedes-Benz Cars is continuing its ramp-up cascade for the new compact cars at short intervals, thereby demonstrating the potential of its flexible and efficient production. The new CLA Shooting Brake is produced exclusively by the Mercedes-Benz plant in Hungary – like the preceding model and the CLA Coupé. Innovative logistical concepts, such as the delivery… Continue reading From Hungary to the world: Start of production of the new CLA Shooting Brake at the Mercedes-Benz plant in Kecskemét

BCA’s board approves takeover bid from private equity firm TDR

The board of BCA Marketplace has given its backing to a takeover bid from private equity firm TDR which values the group at £1.9 billion. The two companies reached agreement on the cash offer of 243p per share and said it is line with the value it disclosed last week when AM reported that TDR… Continue reading BCA’s board approves takeover bid from private equity firm TDR

Fiat partners with EVBox for charging stations

Fiat has partnered with EVBox, a charging station manufacturer and subsidiary of the energy company ENGIE, to provide charging systems for its new EVs. ENGIE will set up Fiat’s online platform, and will install and maintain charging stations for customers and approximately 2,800 dealers in 14 European countries, including Austria, Belgium, Czech Republic, Denmark, France,… Continue reading Fiat partners with EVBox for charging stations

On-Demand Car Company Launches Fleet Management as a Service

Fleet managers utilize a fleet-friendly Spiffy app to schedule, track, rate, and pay for vehicle services including pre-delivery inspections, reconditioning (wash/detail), preventive maintenance (oil change, tire rotation) and de-fleeting (de-fueling, label removal), along with a comprehensive set of other services.  Photo via Depositphotos. Get Spiffy, Inc., has introduced fleet management as a service to help fleets… Continue reading On-Demand Car Company Launches Fleet Management as a Service

Collaboration Fuels Growth of Mobility Services at Enterprise

Mangan also served as the keynote speaker at the 2019 St. Louis ITE Midwestern and Great Lakes District Student Leadership Summit held June 17-19, where the Enterprise Rent-A-Car brand served as the event’s official sponsor. Photo courtesy of Enterprise. Existing transportation networks, supported by the power of industry collaboration, will drive the future of mobility as a… Continue reading Collaboration Fuels Growth of Mobility Services at Enterprise

Driverless cars are ‘a little bit in the distance’ says Ford heiress – ArabianBusiness.com

The era of the driverless cars dominating our roads is still some time away, according to Elena Ford, the heiress to the legendary American carmaker told Arabian Business in an interview. “I think at this point that is a little bit in the distance,” Ford said in a phone interview when asked when she thought… Continue reading Driverless cars are ‘a little bit in the distance’ says Ford heiress – ArabianBusiness.com

SoundHound Inc., partners with Hyundai to bring voice-enabled, smart connected SUV to India, powered by Houndify Voice AI platform

SoundHound Inc., the provider of in voice-enabled AI and conversational intelligence technologies, has announced a partnership with Hyundai Motor Group to bring the first voice-enabled, smart-connected SUV to the Indian market. Powered by SoundHound Inc.’s Houndify voice AI platform, the Hyundai Venue SUV enables drivers to speak queries and control various aspects of the car simply by… Continue reading SoundHound Inc., partners with Hyundai to bring voice-enabled, smart connected SUV to India, powered by Houndify Voice AI platform