Motonari Otsuru, chief lawyer of the ousted Nissan Motor Co Ltd chairman Carlos Ghosn, addresses a news conference in Tokyo, Japan, January 8, 2019. REUTERS/Kim Kyung-hoon TOKYO (Reuters) – Ex-Nissan Chairman Carlos Ghosn’s chief defense lawyer, Motonari Otsuru, has resigned, his law office said Wednesday, a stunning twist to the nearly three-month case over alleged… Continue reading Ex-Nissan boss Ghosn’s chief defense lawyer resigns; no reason given
Category: Automotive
Japanese self-drive cars map developer to acquire US rival Ushr
February 13, 2019 Japanese map platform developer Dynamic Map Platform plans to acquire Detroit-based Ushr for nearly 20 billion yen ($181.1 million) in a bid to cement a stronger position in the burgeoning self driving cars market, the Nikkei newspaper said. Dynamic Map Platform would acquire U.S. map startup Ushr as it seeks a stronger… Continue reading Japanese self-drive cars map developer to acquire US rival Ushr
Electric car production racing ahead of car buyers’ desires – The Irish Times
Car makers could be looking down the barrel of massive oversupply of electric vehicles in the market. According to a new report from Deloitte, a “significant expectation gap” is growing between the production ramp-up of electric vehicles by the world’s major car makers, and the actual serious sales prospects for those vehicles. The report says… Continue reading Electric car production racing ahead of car buyers’ desires – The Irish Times
Why Ford Hired a Furniture Maker as CEO – The Atlantic
Todd St. John If, as Ralph Waldo Emerson said, “an institution is the lengthened shadow of one man,” the story of the American economy can be told by the types of people who run its corporations. The early days of mass production belonged to mechanically minded men such as Henry Ford. The creation of mass… Continue reading Why Ford Hired a Furniture Maker as CEO – The Atlantic
Renault v Nissan: Ghosn arrest exposes secret strains
The case has deepened resentment in Paris at the high-living former boss of the carmakers Go to Source
BMW adds models, boosts production in US
Luke Sharrett | Bloomberg | Getty Images
An employee installs interior accessories inside a BMW X4 sports utility vehicle on the assembly line at the BMW assembly plant in Greer, South Carolina.
BMW Group is rolling out two new models, X3 M and X4 M, high performance versions of the automakers popular SUVs. The models will go into production in April at BMW's plant in Spartanburg, South Carolina.
“The addition of these two all-new models — plus the first-ever BMW X7, which began production last December — is a testament to the performance, passion and pride of the more than 11,000 people working at Plant Spartanburg and serves to further underscore BMW's commitment in the U.S.,” said Knudt Flor, president and CEO of BMW manufacturing.
Those models, along with the seven others built at BMW's sole U.S. plant means the facility will increase production in 2019 and reach close to record levels last seen in 2016. Production this year is expected to top 400,000 vehicles after reaching 356,749 last year.
BMW's U.S. sales climbed 1.7 percent in 2018.
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The all-new BMW X3 M and the all-new BMW X4 M.
New six-cylinder in-line engine with superlative performance. The most powerful straight-six petrol engine ever to see action in a BMW M car provides the muscle for stunning performance attributes. The newly developed high-revving unit with M TwinPower Turbo technology generates maximum output of 353 kW/480 hp from its 3.0-litre displacement, together with peak torque von 600 Nm (442 lb-ft). The version… Continue reading The all-new BMW X3 M and the all-new BMW X4 M.
Images: Mobileye Labs
A photo shows a Mobileye rear-corner left camera at a company workshop in Jerusalem in December 2018. Mobileye, an Intel company, is the leader in assisted driving and a pioneer in the use of computer vision technology to save lives on the road. The company, based in Jerusalem, became part of Intel in 2017. (Credit:… Continue reading Images: Mobileye Labs
Images: Mobileye Vehicles
A bicyclist crosses in front of Mobileye’s autonomous vehicle as it maneuvers in an urban area in December 2018. Mobileye, an Intel company, is the leader in assisted driving and a pioneer in the use of computer vision technology to save lives on the road. The company, based in Jerusalem, became part of Intel in… Continue reading Images: Mobileye Vehicles
Images: Mobileye Management
Professor Shai Shalev-Shwartz (left), vice president of technology at Mobileye, an Intel Company, and Professor Amnon Shashua, senior vice president at Intel Corporation and president and CEO of Mobileye. Mobileye, an Intel company, is the leader in assisted driving and a pioneer in the use of computer vision technology to save lives on the road.… Continue reading Images: Mobileye Management