@GM: Baojun Launches RS-3 1.5T SUV

Baojun Launches RS-3 1.5T SUV 2020-07-27 SHANGHAI – Baojun has launched the newest member of its RS-3 small sporty SUV family powered by a new 1.5L turbocharged engine. Three RS-3 1.5T variants are available for between RMB 87,800 and RMB 98,800. The RS-3 1.5T retains Baojun’s interstellar geometry design language. Its fashionable exterior has a… Continue reading @GM: Baojun Launches RS-3 1.5T SUV

@VW Group: Audi uses drones to locate vehicles at Neckarsulm site

Audi is using a specially developed drone system to locate vehicles that are ready for dispatch at the Neckarsulm site. The flying device flies over the vehicle dispatch area at the Audi site in Neckarsulm autonomously. The drone uses GPS and RFID technology to identify and save the exact position of all vehicles it flew… Continue reading @VW Group: Audi uses drones to locate vehicles at Neckarsulm site

@Toyota: Enabling AI-Powered Production: Our Portfolio Company Drishti is Hiring

Image courtesy of Drishti Founded by Dr. Prasad Akella and Krishnendu Chaudhury, our portfolio company Drishti is transforming discrete manufacturing through a combination of AI-powered video analytics, data, and insights that helps humans on the factory floor work more efficiently with machines. Drishti’s mission is to “extend human potential in an increasingly automated world.” Drishti uses… Continue reading @Toyota: Enabling AI-Powered Production: Our Portfolio Company Drishti is Hiring

@Toyota: Toyota Research Institute – Advanced Development, Inc. to form Woven Planet Holdings and two new Operating Companies, Woven CORE and Woven Alpha

Toyota Research Institute – Advanced Development, Inc. (TRI-AD) will expand and improve its operations by forming a holding company and two operating companies, with effect from January 2021. The holding company will be Woven Planet Holdings, Inc. (Woven Planet Holdings), and the two operating companies will be Woven CORE, Inc. (Woven CORE), which will develop,… Continue reading @Toyota: Toyota Research Institute – Advanced Development, Inc. to form Woven Planet Holdings and two new Operating Companies, Woven CORE and Woven Alpha

@Groupe PSA: Groupe PSA: Availability of the Half-year Financial Report as of 30 June 2020

VÉLIZY-VILLACOUBLAY, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) announced today that the 2020 half-year financial report is now available and has been filed with the French Autorité des Marchés Financiers (AMF). The report and the first-half 2020 financial results presentation are available on (www.groupe-psa.com), in the “Analysts and Investors” section. Direction de la Communication – www.groupe-psa.com… Continue reading @Groupe PSA: Groupe PSA: Availability of the Half-year Financial Report as of 30 June 2020

@Groupe PSA: Groupe PSA remains profitable in H1 2020 despite Covid

€25.1 billion Group revenue 3.7% Automotive division[1] adjusted operating margin[2] at €731 million Net result group share at €595 million €153 million Automotive positive free cash flow excluding working capital Strong financial security at €23.2 billion Carlos Tavares, Chairman of Groupe PSA Managing Board said: “This H1 result proves the Group’s resilience, as a reward… Continue reading @Groupe PSA: Groupe PSA remains profitable in H1 2020 despite Covid

@Daimler: 28. Jul 2020Daimler Management and General Works Council agree on key points to secure employment and profitability

July 28, 2020 – Following intensive discussions, Daimler and the General Works Council agreed on key points for reducing personnel costs in Germany. The agreed measures reflect the special economic burden of the corona pandemic and to further secure employment. The key measures are: A reduction in the weekly working time for Daimler employees in… Continue reading @Daimler: 28. Jul 2020Daimler Management and General Works Council agree on key points to secure employment and profitability

@Tata-JLR: THIERRY BOLLORÉ ANNOUNCED AS NEW CHIEF EXECUTIVE OFFICER OF JAGUAR LAND ROVER

About Jaguar Land Rover Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance SUV,… Continue reading @Tata-JLR: THIERRY BOLLORÉ ANNOUNCED AS NEW CHIEF EXECUTIVE OFFICER OF JAGUAR LAND ROVER

@niche: Donkervoort D8 GTO-JD70 Bare Naked Carbon Edition // Where High Art Meets Low Weight

Dutch sportscar maker Donkervoort has taken the clothes off the world’s first 2G production car. Donkervoort has made the D8 GTO-JD70 available in a Bare Naked Carbon Edition (BCNE). More than half of all 70 planned JD70s – one for each year of founder Joop Donkervoort’s life so far – have been sold, with some… Continue reading @niche: Donkervoort D8 GTO-JD70 Bare Naked Carbon Edition // Where High Art Meets Low Weight