COMMUNICATION OF GROUPE RENAULT

Boulogne-Billancourt, July 12th, 2019 – In response to the request of the Nanterre Public Prosecutor’s Office, Renault today sent the final Mazars’ report on RNBV. Renault is fully cooperating with the authorities and will not comment on the report’s content to avoid the risk of jeopardizing the proper conduct of the investigation and all the… Continue reading COMMUNICATION OF GROUPE RENAULT

Our New Partner: Volkswagen AG Invests $2.6

By Bryan Salesky, CEO and Co-Founder, Argo AI 12 July 2019, US, NYC: Jim Hackett, CEO of Ford, Bryan Salesky, CEO of Argo AI, Herbert Diess, CEO of VW When we formed Argo AI more than two years ago, our mission was clear: make transportation safer, more accessible, affordable and convenient by developing self-driving vehicles… Continue reading Our New Partner: Volkswagen AG Invests $2.6

Ford – Volkswagen expand their global collaboration to advance autonomous driving, electrification and better serve customers

●      Volkswagen to join Ford in investing in Argo AI, the autonomous vehicle platform company, at a valuation of more than $7 billion. Tie-up allows both automakers to independently integrate Argo AI’s self-driving system into their own vehicles, delivering significant global scale ●      Ford will use Volkswagen’s electric vehicle architecture and Modular Electric Toolkit (MEB)… Continue reading Ford – Volkswagen expand their global collaboration to advance autonomous driving, electrification and better serve customers

Ford – Volkswagen expand their global collaboration to advance autonomous driving, electrification and better serve customers

Volkswagen to join Ford in investing in Argo AI, the autonomous vehicle platform company, at a valuation of more than $7 billion. Tie-up allows both automakers to independently integrate Argo AI’s self-driving system into their own vehicles, delivering significant global scale Ford will use Volkswagen’s electric vehicle architecture and Modular Electric Toolkit (MEB) to design… Continue reading Ford – Volkswagen expand their global collaboration to advance autonomous driving, electrification and better serve customers

Preliminary results for the second quarter 2019 – Daimler adjusts its earnings guidance

Stuttgart, Germany – Due to items listed below, Daimler AG has achieved a Group EBIT for the second quarter 2019 that is significantly below market expectations. Group EBIT sums up to EUR minus 1.6 billion (Q2 2018: EUR 2.6 billion). EBIT for the divisions amounts to:  Mercedes-Benz Cars: EUR minus 0.7 billion (Q2 2018: EUR… Continue reading Preliminary results for the second quarter 2019 – Daimler adjusts its earnings guidance