Category: Automotive

Renault invests one billion euros in electricity in France

Renault chooses France as the industrial base for its electric vehicles: the manufacturer announced Thursday important investments in its hexagonal plants, representing a total of one billion euros by 2022. An amount that will be added to the 500 million announced end of 2016, for the modernization of French factories, between 2017 and the end… Continue reading Renault invests one billion euros in electricity in France

Luminar rolls out its development platform and scores Volvo partnership and investment

The wizards in lidar tech at Luminar are doubling down on the practical side of autonomous car deployment with a partnership with and investment from Volvo, as well as a new “perception development platform” that helps squeeze every last drop out of its laser-based imagery. Volvo Cars has been one of the big investors in… Continue reading Luminar rolls out its development platform and scores Volvo partnership and investment

Volvo Cars Tech Fund invests in automotive sensor company Luminar

Volvo Cars Tech Fund invests in automotive sensor company Luminar   Volvo Cars, the premium car maker, has completed the first strategic investment via its newly-founded investment fund by taking a stake in Luminar, a leading start-up in the development of advanced sensor technology for use in autonomous vehicles.   The investment in Luminar, based… Continue reading Volvo Cars Tech Fund invests in automotive sensor company Luminar

Prosecutor sees penance as “painful for VW”: where to go with the VW billion?

All articles and backgrounds 06/14/2018 Prosecutor sees penance as “painful for VW” Where to go with the VW billion? DPA Stephan Weil (SPD): The head of government of Lower Saxony sits in the VW Supervisory Board – and now expects a blessing for the state treasury The prosecutor Braunschweig sees the responsibility for the diesel… Continue reading Prosecutor sees penance as “painful for VW”: where to go with the VW billion?

Analysis: Ford India MD’s four-pronged growth strategy for suppliers

Ford India’s vision of becoming the most trusted automotive and mobility solutions company has a four-pronged growth strategy. Here’s how Anurag Mehrotra, president and MD, Ford India, underlines the importance of suppliers. Excerpts from his speech at the ACMA Value Chain Summit held last month in Gandhinagar, Gujarat.  Strong brand: Quality is among the top three reasons… Continue reading Analysis: Ford India MD’s four-pronged growth strategy for suppliers

Transport Minister Scheuer is to testify in VW process

The regional court in Stuttgart makes shareholders of VW and Porsche hope for damages – they could have been deceived earlier. In the procedure also Minister of Transport Scheuer is to be loaded as a witness. Andreas Scheuer (CSU) Thursday, 07.06.2018 18:02 clock Volkswagen and Porsche shareholders achieved a stage win in the diesel affair.… Continue reading Transport Minister Scheuer is to testify in VW process

Martin Winterkorn indicted in the United States

Martin Winterkorn is said to be complicit in the VW emissions scandal: At least that’s what the US Department of Justice sees it – and accuses the former Volkswagen boss of complicity. Ex-VW boss Martin Winterkorn Thursday, 03.05.2018 22:11 clock The US Department of Justice accused Volkswagens former CEO Martin Winterkorn the complicity in the… Continue reading Martin Winterkorn indicted in the United States