We had to find a smart solution for Smart. After twenty years of nagging efforts, Daimler could not decently write off its mini-city cars. Rather than bury his dream for good, the German group has decided to attempt an umpteenth relaunch with Chinese Geely. New models, new markets, new factory, new partner. “This is the… Continue reading China, the latest smart small map
Category: Automotive
GM to sell closed S.Korean plant to local parts maker for $99 mln
SEOUL, March 29 (Reuters) – South Korean auto parts maker Myoungshin plans to buy General Motors’ car factory in the southwestern city of Gunsan for 113 billion won ($99.5 million), Myoungshin’s parent firm said in a regulatory filing. Myoungshin, a unit of MS Autotech, said it will buy the land and buildings of the GM… Continue reading GM to sell closed S.Korean plant to local parts maker for $99 mln
UPDATE 4-Lyft valued at $24.3 bln in first ride-hailing IPO
(Reuters) – Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday, raising more than it had set off to do as investors overlooked uncertainty over its path to becoming a profitable company. Lyft’s IPO sets the stage for the stock market debut of larger… Continue reading UPDATE 4-Lyft valued at $24.3 bln in first ride-hailing IPO
Self-Driving Cars Are Here: Waymo Explains Why Hardly Anyone Can Ride One – Inverse
Autonomous cars are here, but they need to behave more like humans. Dmitri Dolgov, chief technology officer of Waymo, the autonomous car firm that started life as a Google internal project, said in an interview this week that while these cars are on the road already, big changes are coming that will enable them to… Continue reading Self-Driving Cars Are Here: Waymo Explains Why Hardly Anyone Can Ride One – Inverse
Fiat Chrysler to lay off 1,500 at Windsor Assembly
Original Article
UPDATE 1-Fiat Chrysler to cut shift, 1,500 jobs at Canadian minivan plant
FILE PHOTO: Fiat Chrysler assembly workers work on a partially assembled minivan at the Windsor Assembly Plant in Windsor, Ontario, February 9, 2015. REUTERS/Rebecca Cook (Reuters) – Fiat Chrysler Automobiles NV said on Thursday it will eliminate one shift at its Windsor, Ontario, assembly plant where it builds minivans, resulting in the loss of 1,500… Continue reading UPDATE 1-Fiat Chrysler to cut shift, 1,500 jobs at Canadian minivan plant
Fiat Chrysler Automobiles cuts production at Windsor Assembly, risking 1,500 Canadian jobs
Original Article
Bollinger Motors settles in Detroit – Automotive News
DETROIT — Since Bollinger Motors moved last fall from Hobart, N.Y., to a gritty industrial park just north of Detroit, the company has been quietly turning its concept all-wheel-drive electric off-road vehicle into one that is production-ready. The company has hired engineers, lined up its first vendors, started testing components, shopped for a manufacturing site… Continue reading Bollinger Motors settles in Detroit – Automotive News
Fiat Chrysler to cut shift, 1,500 jobs at Canadian minivan plant
FILE PHOTO: Fiat Chrysler assembly workers work on a partially assembled minivan at the Windsor Assembly Plant in Windsor, Ontario, February 9, 2015. REUTERS/Rebecca Cook (Reuters) – Fiat Chrysler Automobiles NV said on Thursday it will eliminate one shift at its Windsor, Ontario, assembly plant where it builds minivans, resulting in the loss of 1,500… Continue reading Fiat Chrysler to cut shift, 1,500 jobs at Canadian minivan plant
GM says no cut in Chevy Bolt sticker price as U.S. tax credit for EVs drops
(Reuters) – General Motors Co on Thursday said it has no plan to cut the sticker price on its electric Chevrolet Bolt sedan after a federal tax credit drops by half to $3,750 on Monday. FILE PHOTO: A 2019 Chevrolet Bolt plug-in electric vehicle is displayed at the North American International Auto Show in Detroit,… Continue reading GM says no cut in Chevy Bolt sticker price as U.S. tax credit for EVs drops