Category: Automotive

China’s Geely-owned Saxo to buy Dutch online lender BinckBank for $480m

December 17, 2018 Saxo Bank is to buy Dutch online bank BinckBank for around $480 million to expand in the online trading and investment business where competition is heating up. Traditional banks are having to compete with fintech startups, new payment providers and large internet platforms like Amazon venturing into the payment industry. In addition,… Continue reading China’s Geely-owned Saxo to buy Dutch online lender BinckBank for $480m

Volkswagen set to replace Matthias Müller as chief executive – Financial Times

Volkswagen set to replace Matthias Müller as chief executive  Financial TimesVW CEO Mueller’s removal has been planned for months: Bild  Reuters UKA Surprise Switch at the VW Top, and Lots of Work for a New CEO  BloombergVolkswagen’s Müller Is Set to Be Replaced as Auto Giant’s CEO  The Wall Street JournalVolkswagen reportedly naming VW brand chief Herbert Diess as… Continue reading Volkswagen set to replace Matthias Müller as chief executive – Financial Times

Ford might mine profits selling its data on you ? of which it has a lot – Autoblog – Autoblog

The Detroit Free Press recently published a lengthy look at the waters Ford now navigates, from uneven success domestically to outright pain almost everywhere else. The picture presents the USS Blue Oval facing headwinds, high waves, deep water, and a lot of rip, for an indefinite time. The automaker’s plan to rescue itself has loosely… Continue reading Ford might mine profits selling its data on you ? of which it has a lot – Autoblog – Autoblog

Postmates’ new autonomous robot wants to deliver your sushi

Today if you order something through Postmates, a human will arrive at your doorstep, food in tow. This time next year, a robot might show up in its place. The San Francisco-based delivery company makes around 4 million deliveries every month across 550 cities—most of them through its fleet of car-driving delivery people. Now it… Continue reading Postmates’ new autonomous robot wants to deliver your sushi

Car maker: PSA intervenes at Opel – 2019 threatened short-time working in Rüsselsheim

Protests against sales plans at Opel In particular, workers are opposed to the sale of parts of the International Technical Development Center (ITEZ) to service provider Segula in November. (Photo: AP) DüsseldorfThe message is short, intended only for a small circle and unusually frills formulated. Your author comes to the point immediately. Already in the… Continue reading Car maker: PSA intervenes at Opel – 2019 threatened short-time working in Rüsselsheim

Rings under power

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Aptiv Announces Autonomous Driving Milestones and Expands Capabilities with the Opening of its Las Vegas Technical Center

New facility is home to Aptiv’s Las Vegas autonomous vehicle commercial operations, command center, and customer showroom. LAS VEGAS, Dec. 17, 2018 /PRNewswire/ — Aptiv (NYSE: APTV), provider of the first autonomous driving technology to be used in a public commercial autonomous vehicle (AV) service, announced today the grand opening of its Las Vegas Technical… Continue reading Aptiv Announces Autonomous Driving Milestones and Expands Capabilities with the Opening of its Las Vegas Technical Center