Toyota Motor Corp.’s longest-serving American head of its U.S. business is retiring and will be replaced by a Japanese executive who’s little known outside the company.
Category: Newswire
Tesla’s German plant to produce 500,000 cars a year: Bild
Tesla plans to build 500,000 electric vehicles a year at its new factory on the outskirts of Berlin, Germany’s Bild newspaper reported on Wednesday.German newspaper Frankfurter Allgemeine Zeitung reported that Tesla will invest up to 4 billion euros in the plant.Construction will start in 2020, the newspaper reported.
Honda Cars India launches Any Time Warranty program for 10 years
Honda Cars India has launched the annual Any Time Warranty program that a customer can buy till 10 years of vehicle usage from the time of its initial purchase.The Any Time Warranty program will reduce the total ownership cost of the vehicle and also increase the resale value.The Any Time Warranty program provides coverage of one year or 20,000 km.
Toyota Announces Executive Leadership Changes
“Jim Lentz has had an incredible impact on our company. He has been an outstanding leader and was instrumental in restructuring the company and bringing together our North American region. He deserves a lot of credit for all he has accomplished in his many roles around the globe and he will be greatly missed,” said… Continue reading Toyota Announces Executive Leadership Changes
Beep Appoints Clayton Tino as Chief Technology Officer
Tino has extensive technology experience in platform design and software development. Prior to joining Beep, he established and ran the Managed Cloud Platform organization for Virtustream, an enterprise-class cloud service provider, taking responsibility for the development and operation of Virtustream’s private cloud offering in partnership with Microsoft. “We are excited to have a leader of… Continue reading Beep Appoints Clayton Tino as Chief Technology Officer
Neuron EV Opens Exhibition in Hollywood and Shanghai
IRVINE, Calif., Dec. 10, 2019 /PRNewswire/ — Visionary automotive company Neuron EV is gearing up for its highly anticipated vision sharing exhibition set to open in the modern premium community of West Hollywood, Los Angeles. Aptly titled Driven to Be the Change, the exhibition will reveal an exclusive view of Neuron’s singular mission of upgrading humanity… Continue reading Neuron EV Opens Exhibition in Hollywood and Shanghai
Verra Mobility Extends European Footprint, Signing Tolling Agreement with Rent A Car France, to Offer Electronic Tolling to Rental Customers
PHOENIX, Dec. 10, 2019 /PRNewswire/ — Verra Mobility (NASDAQ: VRRM), a global leader in smart transportation, today announced the signing of the agreement to launch electronic toll payment for Rent A Car customers in France. Currently, France has the most toll roads in Europe with 90 toll roads – all of which require payment in cash, by credit… Continue reading Verra Mobility Extends European Footprint, Signing Tolling Agreement with Rent A Car France, to Offer Electronic Tolling to Rental Customers
Noodling On How Much Revenue Self-Driving Cars Will Ultimately Generate
Noodling On How Much Revenue Self-Driving Cars Will Ultimately Generate Forbes | Dec 10, 2019 at 12:00 AM It’s handy to consider how much revenue self-driving cars will bring in.
Japan regulators recommend $22 million fine on Nissan
Japanese securities regulators are recommending that automaker Nissan be fined 2.4 billion yen ($22 million) over the under-reporting of compensation of its former chairman, Carlos Ghosn.Nissan Motor Co. said it accepted the penalty and had corrected its securities documents in May, although its final decision will come after it receives official notice.Nissan was charged earlier with under-reporting Ghosn’s compensation.
FCA Joins ‘Responsible Sourcing Blockchain Network’ to Help Build a More Ethical Electric Vehicle Supply Chain
FCA today announced that it has joined the Responsible Sourcing Blockchain Network (RSBN), an industry collaboration using blockchain technology to support sustainable, responsible sourcing and production practices from mine to market. Built on the IBM Blockchain Platform and assured by RCS Global Group, the RSBN is on track to become commercially operational by spring 2020.… Continue reading FCA Joins ‘Responsible Sourcing Blockchain Network’ to Help Build a More Ethical Electric Vehicle Supply Chain