PARIS, June 4 (Reuters) – PSA Group has begun to suspend its joint venture activities in Iran, the French carmaker said on Monday, following the withdrawal of the United States from a nuclear pact signed with the country. European signatories are scrambling to save the accord, which they see as crucial to forestalling an Iranian… Continue reading France’s PSA begins to suspend its joint ventures in Iran
Category: Automotive
Electric offensive: Volkswagen trains top experts for the production of the I.D. family
Photo Brand 01 June 2018 Electric offensive: Volkswagen trains top experts for the production of the I.D. family Symbolic launch of the FEEP in China with Jörg Müller, Board Member of Volkswagen Group China responsible for production and logistics, Rolf Hueber, Board Member of Volkswagen Group China responsible for human resources and Oliver Wessel, Head… Continue reading Electric offensive: Volkswagen trains top experts for the production of the I.D. family
Groupe PSA Position on Its Activities in Iran
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: After signature of the JCPOA1 on July 14th, 2015 and the lifting of international sanctions against Iran on January 16th, 2016, Groupe PSA (Paris:UG) signed joint venture agreements with Iran Khodro on June 21th, 2016 and Saipa on October 6th, 2016. The purpose of these JVs, which are fully compliant with… Continue reading Groupe PSA Position on Its Activities in Iran
Waymo expands autonomous driving partnership with Fiat Chrysler
On the same day of a massive $2.25 billion Softbank investment into General Motors’ Cruise, Fiat Chrysler Automobiles (FCA) is announcing an expanded partnership with Waymo that will add up to 62,000 more Chrysler Pacifica minivans to Waymo’s self-driving car fleet later this year. This isn’t too surprising, given Waymo said earlier this year that… Continue reading Waymo expands autonomous driving partnership with Fiat Chrysler
Groupe Renault swings into action for CSR with Mobilize Days
Monday 04 June 2018 by Rachida Badri – CSR Rachida Badri Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest 24 hours before World Environment Day, Groupe Renault launches the first international edition of CSR Week, which takes place from June 4 to 8 across all Groupe Renault sites. The goal is… Continue reading Groupe Renault swings into action for CSR with Mobilize Days
Chinese electric automaker BYD vows to push industry change
Chinese electric automaker BYD established its North American headquarters in Los Angeles in 2011. [Photo/IC] LOS ANGELES – “BYD’s mission is to change the world through technological innovation that reduces greenhouse gases and our dependency on fossil fuels,” Stella Li, president of BYD Motors, a US subsidiary of China’s automaker BYD Company Ltd, told Xinhua this… Continue reading Chinese electric automaker BYD vows to push industry change
FAW-Volkswagen launches advanced new Qingdao plant
Juergen Unser, vice-president of FAW-Volkswagen. [Photo provided to China Daily] FAW-Volkswagen Automotive Co has inaugurated a new plant in Qingdao, East China’s Shandong province, as one of the joint venture’s latest efforts to charge ahead in the world’s largest car market. The plant, which was unveiled last Monday, employs 3,000 people and has an annual… Continue reading FAW-Volkswagen launches advanced new Qingdao plant
First generation e-cars will be gone tomorrow, says expert
Ding Lei, founder and chairman of electric car startup Huaren Technology R&D Co. [Photo provided to China Daily] Most electric models currently mushrooming in the Chinese auto sector will lose their appeal in two or three years, as they were designed as “makeshift substitutes” for gasoline cars, according to Ding Lei, founder and chairman of… Continue reading First generation e-cars will be gone tomorrow, says expert
McLaren BP23 ‘Speed Form’: bespoke sculpture capturing velocity and luxury arrives with future owners of new McLaren Hyper-GT
6 Apr 2018 ‘Money-can’t-buy’ BP23 sculpture produced for 106 confirmed buyers of new, yet-to-be-named, McLaren Hyper-GT Over 100 hours to create each ‘Speed Form’, including 30 hours of expert hand-polishing Glimpse of exquisitely detailed interior of the fastest and most luxurious McLaren ever This week, future owners of the still-to-be unveiled McLaren Hyper-GT, codenamed BP23,… Continue reading McLaren BP23 ‘Speed Form’: bespoke sculpture capturing velocity and luxury arrives with future owners of new McLaren Hyper-GT
Self-Driving Technology Conquers the Last Mile — Our Investment in Boxbot
I’ve previously argued that it will be years before we share the roads with fully-autonomous, Level 5 self-driving cars. That said, there are specific use cases and environments where autonomous vehicles could hit the roads now. Self-driving delivery is another example of just such a use case. Logistics automation within warehouses has made remarkable progress in… Continue reading Self-Driving Technology Conquers the Last Mile — Our Investment in Boxbot