Category: Automotive

Ford wants ‘certainty’ in any U.S. trade deals -chairman

DEARBORN, Mich. (Reuters) – As the Trump administration negotiates new trade pacts with Canada, China and other countries, Ford Motor Co (F.N) Executive Chairman Bill Ford said on Thursday the automaker wants deals that allow it to plan and invest with “certainty.” FILE PHOTO: Newly assembled Ford 2018 F1-50 pick-up trucks are loaded on to… Continue reading Ford wants ‘certainty’ in any U.S. trade deals -chairman

The 100th Anniversary of the Rouge: Ford’s Legendary Automotive Factory Readies its Next Act

After making more than 28 vehicle models, including the innovative aluminum-bodied F-150, the Rouge’s Dearborn Truck Plan will soon make electrified F-150 models The Rouge helped build America’s middle class with the $5-a-day wage, provided jobs for disabled workers and profit sharing. Today, Ford and UAW are investing $35 million to expand a nearby facility… Continue reading The 100th Anniversary of the Rouge: Ford’s Legendary Automotive Factory Readies its Next Act

In electrification push, INFINITI to reveal Project Black S Prototype

Featuring Formula One performance hybrid technology, the dual-hybrid powertrain prototype generates 420 kW – equivalent to 563 hp or 571 ps HONG KONG – As part of its plan to electrify its portfolio from 2021 onward, INFINITI will reveal a new Project Black S prototype in Paris, showcasing how Formula One® dual-hybrid electric powertrain technology… Continue reading In electrification push, INFINITI to reveal Project Black S Prototype

„Opel wird bald sehr viel besser dastehen“

PSA-Chef Carlos Tavares Von Martin Gropp Aktualisiert am 05.09.2018  – 14:57 PSA-Vorstandsvorsitzender Carlos Tavares Bild: Reuters Einen Teil des Entwicklungszentrums in Rüsselsheim will Carlos Tavares verkaufen. Im Gespräch mit FAZ.NET sagt der Vorstandschef des Mutterkonzerns PSA, was er jetzt vorhat – und was er vom Betriebsrat erwartet. Herr Tavares, vor gut einem Monat haben Sie erfreuliche… Continue reading „Opel wird bald sehr viel besser dastehen“

Cargo Secures $22M in Series A Financing

Cargo, a NYC-based provider of in-car commerce for ride-share companies, secured $22m in Series A financing. The round was led by Founders Fund with participation from:– Coatue Management– Aquiline Technology Growth– Mark Pincus, Founder of Zynga– Vivi Nevo, Israeli-American Venture Capitalist– Colin Carrier, Former Twitch CSO– Emil Michael, Uber’s former Chief Business Officer– Josh Mohrer,… Continue reading Cargo Secures $22M in Series A Financing

Shaping the future of cities.

New York. URBAN-X, the leading accelerator for startups reimagining city life, founded by MINI and run in partnership with Urban Us, presented the outcome of its fourth generation of urbantech startup companies, Cohort 04. The startups are working on solutions to some of the biggest problems cities face around the world, such as optimizing building… Continue reading Shaping the future of cities.

UPDATE 1-VW will support retrofitting of older diesel cars in Germany – source

HAMBURG (Reuters) – Volkswagen (VOWG_p.DE) is prepared to support hardware retrofits for older diesel vehicles and offer incentives for drivers to swap some older diesel vehicles for newer ones, a person familiar with the matter said on Friday. FILE PHOTO: A car with the Volkswagen VW logo badge is seen on display at the North… Continue reading UPDATE 1-VW will support retrofitting of older diesel cars in Germany – source

Indian electric vehicle start-up gets angel funding to bolster leadership status

BENGALURU: Electric vehicle start-up Strom Motors (E14 Technologies Pvt Ltd) on Thursday said it has secured angel funding from Indian Angel Network (IAN). The investment would help the Mumbai-based start-up consolidate its leadership position in the technology-enabled mobility industry, setting up product sales, accelerate its geographical expansion and increase its consumer base across markets, a… Continue reading Indian electric vehicle start-up gets angel funding to bolster leadership status

In-car commerce startup Cargo raises $22 million led by Founders Fund

Cargo, the startup that helps ridesharing drivers earn money by bringing the convenience store into their vehicles, has raised $22 million in a Series A round led by Founders Fund. Additional investment came from Coatue Management, Aquiline Technology Growth as well as a number of  high-profile entertainment, gaming, and technology executives who include Zynga founder Mark… Continue reading In-car commerce startup Cargo raises $22 million led by Founders Fund