NEW YORK (AP) — The chief executive of Uber said New York City should impose a fee on app-hailed rides and taxis to help taxi medallion owners who are struggling with debt. CEO Dara Khosrowshahi told the New York Post on Monday that the city should put the surcharge into a fund to help taxi… Continue reading Uber CEO says New York City should charge a fee on all ride-hailing trips to help out struggling taxi drivers
Category: Automotive
“That’s a little number”
VW must pay because of the diesel affair a billion euros fine to Lower Saxony. But the country sits with two representatives in the supervisory board of the group. That would be strange, finds the economist Christian Strenger. Volkswagen logo on a VW Golf shines in front of the company’s headquarters Friday, 15.06.2018 19:01 clock… Continue reading “That’s a little number”
Mapping Software Startup Ushr Lands Installation Deal with Cadillac
Ushr, the Livonia, MI, and Lompoc, CA-based startup making high-definition mapping software for use in semi-autonomous and autonomous vehicles, has earned awards and accolades since it launched last year. The latest award has paved a path to get Ushr’s software into future models of a classic American car brand. Ushr has a big hand in… Continue reading Mapping Software Startup Ushr Lands Installation Deal with Cadillac
Brabham Automotive: how the BT62 will bring an iconic name back to racing
Twelve years: that’s how long it has taken David Brabham to reassert control over his famous family name and then formulate a solid strategy to re-establish it as a credible player in the automotive industry. Now, following last month’s launch of the new-look Brabham Automotive and its £1m-before-taxes BT62 track car, he says he’s determined… Continue reading Brabham Automotive: how the BT62 will bring an iconic name back to racing
Bill Ford on CEO Hackett: ‘I love having him here’
CLOSE Bill Ford talks Detroit, last name Ford vs Forde Eric Seals, Detroit Free Press Buy Photo Jim Hackett, President and Chief Executive Officer of Ford Motor Company, with Bill Ford Jr. during the North American International Auto Show in Detroit in January 2018. (Photo: Mandi Wright, Detroit Free Press)Buy Photo Ford CEO Jim Hackett… Continue reading Bill Ford on CEO Hackett: ‘I love having him here’
Elon Musk e-mails Tesla employees urging ‘radical improvements’ to hit quarterly targets
An e-mail sent to all Tesla staff from Elon Musk on Friday night congratulated employees for the progress they’ve made on Model 3 vehicle production recently — but also said “radical improvements” are still needed in manufacturing to hit the company’s quarterly targets.
Dieselgate: the boss of Audi placed in custody
It is the parent company of Audi, Volkswagen, which announces: “we confirm that Mr. Stadler was arrested on Monday morning,” said a spokesman. In the wake, the Munich prosecutor’s office confirmed the arrest of the chairman of the board of Audi. According to the prosecution, the decision to arrest Rupert Stadler was decided because of… Continue reading Dieselgate: the boss of Audi placed in custody
Audi CEO arrested: Volkswagen
FRANKFURT (Reuters) – Audi Chief Executive Rupert Stadler was arrested on Monday, a spokesman for parent company Volkswagen (VOWG_p.DE) said. FILE PHOTO: Audi CEO Rupert Stadler attends company’s annual news conference in Ingolstadt, Germany March 15, 2018. REUTERS/Michael Dalder/File Photo “We confirm that Mr Stadler was arrested this morning. The hearing to determine whether he… Continue reading Audi CEO arrested: Volkswagen
Autonomous pods for under $ 10,000
The startup Perceptin has developed Autonomous Pods for the “narrow thaler”. Autonomous vehicles do not exist yet, because there are still many problems to solve. One of the problems is the speed. The faster a car drives, the higher it has to go Sensor range be, the higher the must computing capacity and the faster… Continue reading Autonomous pods for under $ 10,000
Autoliv prices EUR 500 million bond issue
Mon, Jun 18, 2018 10:30 CET (Stockholm, Sweden, June 18, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), today announced that it has priced a 5-year bond offering of EUR 500 million in the Eurobond market (the “Notes”). The Notes are due to be issued on June 26 and will carry a coupon of… Continue reading Autoliv prices EUR 500 million bond issue