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.
Category: Automotive
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
From software design patterns to technology transfer patterns
07/24/2019 In the past two to three years, I noticed the term “innovation management” rising up. As innovation is a crucial success factor especially for large companies worldwide and “management” means the direction, organization, and planning of all kinds of fields, the term implies that there indeed is a well-structured way to success. But is… Continue reading From software design patterns to technology transfer patterns
UPDATE 2-GM Cruise to delay commercial launch of self-driving cars to beyond 2019
(Reuters) – General Motors Co’s self-driving unit, Cruise, said on Wednesday it was delaying the commercial deployment of cars past its target of 2019 as more testing of the vehicles was required. FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where… Continue reading UPDATE 2-GM Cruise to delay commercial launch of self-driving cars to beyond 2019
Hyundai Motor Announces 2019 1H Business Results
Company reports sales revenue of KRW 50.95 trillion, 8.1% increase year-over-year Global sales total 2.13 million units in the first half of 2019 Operating profit at KRW 2.06 trillion; Net profit KRW 1.95 trillion 22 July 2019 – Hyundai Motor Company announced business results for the first half of 2019, reporting an 8.1 percent and… Continue reading Hyundai Motor Announces 2019 1H Business Results
Subscribed 505 incentives for the exodus for Fca workers, Uilm: “Now we need investments and active policies for the Turin sites”
Today, Wednesday 24 July, the voluntary exodus agreement was signed by the trade unions by the end of 2019 for 505 workers of the Fca group. Aniello Montella and the general secretary of Uilm Dario Basso explained: “This agreement covered the whole Mirafiori front, Agap, central structures, Mirafiori Power Train Plant, presses, mold construction and… Continue reading Subscribed 505 incentives for the exodus for Fca workers, Uilm: “Now we need investments and active policies for the Turin sites”
GM Cruise to delay commercial launch of self-driving cars to beyond 2019
(Reuters) – General Motors Co’s (GM.N) self-driving unit, Cruise, said on Wednesday it was delaying the commercial deployment of cars past its target of 2019 as more testing of the vehicles was required. FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco… Continue reading GM Cruise to delay commercial launch of self-driving cars to beyond 2019