A&S Industry Sees Bright Future for EVs and Automotive Suppliers

Two major changes are underfoot this year in the electric vehicle market and even more are to come within the next decade, which will result in EVs becoming a mainstream driving option. One is the planned introduction of nine electric SUVs this year to a market so far mostly revolving around sedans and hatchbacks. 2019… Continue reading A&S Industry Sees Bright Future for EVs and Automotive Suppliers

Renault will vote to back Nissan’s move to give it boardroom seats

FILE PHOTO: The logo of French car manufacturer Renault is seen at a dealership of the company in Bordeaux, France, June 12, 2019. REUTERS/Regis Duvignau/File Photo PARIS (Reuters) – French carmaker Renault, which is looking to preserve and strengthen its alliance with Nissan, said it would vote in favor of a move by Nissan to… Continue reading Renault will vote to back Nissan’s move to give it boardroom seats

Tesla hasn’t met Musk’s Q2 production goal: Report

San Francisco: Electric Vehicle (EV) maker Tesla has not met CEO Elon Musk‘s second quarter (Q2) record production goal, according to media reports. “At the end of May, a leaked email reportedly sent by Elon Musk to Tesla employees suggested that the electric vehicle maker had a good chance of making Q2 the highest deliveries… Continue reading Tesla hasn’t met Musk’s Q2 production goal: Report

TDR Capital in ‘advanced talks’ over £1.9bn BCA acquisition

TDR Capital is in advanced talks to buy BCA Marketplace for £1.9bn. The Financial Times reported this morning (June 20) that shares in the remarketing specialist had jumped 22% to 237p following news of the potential acquisition this morning. BCA has confirmed discussions with TDR to buy it out at a price of 243p a… Continue reading TDR Capital in ‘advanced talks’ over £1.9bn BCA acquisition

Peugeot introduces new Peugeot 2008 with improved equipment and technology

PEUGEOT is unveiling the new 2008 SUV. It adopts the new generation of immersive PEUGEOT i-Cockpit 3D, with equipment and driving aids designed by the best know-how PEUGEOT has to offer. Being multi-energy, it offers the freedom to choose between 3 types of efficient engines: electric, petrol and diesel all offering phenomenally stimulating sensations. The… Continue reading Peugeot introduces new Peugeot 2008 with improved equipment and technology

Sophisticated and Sporty: The All-New Kia Seltos

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Seltos brings sophistication and assertiveness to the compact SUV marketForward-looking interior characterized by high-quality materialsPowered by efficient Smartstream petrol and diesel enginesOne of the most high-tech cars in its class with a range of in-car featuresSeltos will be manufactured in Andhra Pradesh, India, and Gwangju, KoreaOn sale in global markets during the second half of 2019 The new Kia Seltos brings sophistication, assertiveness and cutting-edge technology and safety features to the global compact SUV segment. Kia revealed the Seltos for the first time globally today at a special event in Delhi, India. The Seltos is characterized by distinctive design details, lending the compact SUV an air of understated sportiness. It combines forward-looking technical features, class-leading space and a suite of world-class safety features, and is powered by a choice of highly-efficient Smartstream petrol and diesel engines. Mr. Han-Woo..

Aston Martin’s CEO says the company can’t reach all of its potential customers without hiring and promoting women in a meaningful way, but the company still has a long way to go in promoting gender parity

When Aston Martin CEO Andy Palmer arrived at the luxury automaker in 2014, he felt its female employees were being held back from reaching their full potential.To build cars that would appeal to female customers, Palmer realised the company would have to integrate female employees in a meaningful way.And just 9.4% of the employees who ranked among the top 25% in pay were women in April 2018, down from 14.8% in April 2017.

Waymo inks driverless car deal with Renault, Nissan to develop autonomous vehicles

Waymo unveils a self-driving Chrysler Pacifica minivan in Detroit, Michigan, U.S. on January 8, 2017.Brendan McDermid | Reuters Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the autonomous car company announced Thursday.
It's the first agreement Waymo has signed to provide its technology and services to automakers working to build their own self-driving cars and services.
Waymo, a subsidiary of Google's parent company Alphabet, is currently testing a small fleet of autonomous vehicles just outside of Phoenix. Those vehicles, which are modified Chrysler Pacifica minivans, are part of Waymo's work to develop autonomous ride-share services. With Renault and Nissan, Waymo's relationship will be more as a provider of technology and services that each automaker will use as they develop their own self-driving vehicles.
“Our Waymo Driver can deliver transformational mobility solutions to safely serve riders and commercial deliveries in France, Japan and other countries,” John Krafcik, CEO of Waymo said in a prepared statement.
Renault and Nissan — which have a close yet strained relationship since the arrest and detention in October of Renault's former CEO Carlos Ghosn, who was also chairman of Nissan — are putting aside their differences when it comes to autonomous vehicles.
The companies said they're creating a joint venture companies to focus exclusively on driverless mobility services.
Thierry Bolloré, CEO of Renault, said in a statement that the deal will put his company, “at the forefront of driverless mobility new business streams in our key strategic markets.”
Hiroto Saikawa, president and CEO of Nissan echoed that confidence.
“Our expertise in the global automotive industry and expertise in strategic partnership will enable us to explore opportunities to grow our portfolio and deliver new value to customers with Waymo, the recognized leader in this space,” he said.
Waymo, formerly known as the Google Self Driving Car project, is considered a leader in autonomous vehicles, analysts and technology executives say.
That lead, however, is far from safe. General Motors' subsidiary Cruise, is expected to publicly launch its first autonomous vehicle later this year. Meanwhile, Uber is also working to develop autonomous ride-share vehicles.

Waymo takes its self-driving car ambitions global in partnership with Renault-Nissan

Waymo has locked in an exclusive partnership with Renault and Nissan to research how commercial autonomous vehicles might work for passengers and packages in France and Japan. This exclusive partnership has a deadline — the public announcement says it will last for “an initial period.” Waymo nor the Renault-Nissan-Mitsubishi Alliance provided details on when it… Continue reading Waymo takes its self-driving car ambitions global in partnership with Renault-Nissan

California has let two Chinese startups offer robotaxis to the public

China’s driverless cars are coming for passengers in the United States. AutoX and Pony.ai just became the first Chinese companies allowed to offer self-driving robotaxis in the state of California, according to notices posted on the website of the California Public Utilities Commission this week. Started in 2016 by Princeton University professor Jianxiong Xiao, called… Continue reading California has let two Chinese startups offer robotaxis to the public