MOSCOW, November 29. /TASS/. Mazda Motor Rus, the Russian Mazda dealer, recalls 35,801 CX-7 crossovers in Russia due to problems with rear lamp lens blurring, according to the Federal Agency for Technical Regulation and Metrology (Rosstandart).
Vehicles sold from March 1, 2007 to April 29, 2013 will be recalled, the report said.
“The reason to recall vehicles is that blurring of rear lap lens occurs in certain vehicles, which appears white when the stop lamp or the rear clearance lamp is turned on,” the regulator said.
Category: Newswire
Russia’s Sberbank agrees venture with driverless technology firm
MOSCOW, Nov 28 (Reuters) – Russia's largest lender, Sberbank , has added driverless cars to its list of technology ventures, by teaming up with AI transport developer Cognitive Technologies, the two companies said on Thursday.
Sberbank and Cognitive Technologies have signed a legally binding document to create a new company, Cognitive Pilot, they said in a statement.
Sberbank will have a 30% share in the company, while Cognitive Technologies will take 70%. The two companies did not disclose financial details of the deal, which will be completed in December.
The move marks the latest foray into Russia's digital economy for state-owned Sberbank, which finalised the terms of a food delivery joint venture with Mail.Ru earlier this month and agreed to buy an equity stake in the internet company.
The new company will be engaged in developing “digital economy projects in transport, agriculture, computer vision and artificial intelligence,” the statement said.
Russian internet giant ..
Yanfeng Automotive Interiors plant opens in Kragujevac
A Yanfeng Automotive Interiors plant that will manufacture car interior components for major automakers such as Mercedes was ceremonially opened in Kragujevac, central Serbia, on Thursday.Serbian President Aleksandar Vucic, Chinese Ambassador to Belgrade Chen Bo, Kragujevac Mayor Radomir Nikolic and company representatives cut a red ribbon to mark the launch of a production line.Shanghai, China-based Yanfeng Automotive Interiors, a global leader in its sector, has around 110 production facilities and technical centres in 20 countries and a workforce of over 32,000 people worldwide.
BMW to Cut Staff Bonuses in Electric-Car Savings Push
BMW AG will slash bonus payments and expand working hours for some employees in Germany as the luxury-car maker grapples with the costly shift to electric and self-driving vehicles.
BMW Group to double R&D capacity in Korea
By Kwak Yeon-soo BMW Group will expand its research and development center here and plans to increase cooperation with its local partners in “future mobility systems,” the company said Wednesday.The German automaker held an event to celebrate the expanded BMW Korea Driving Center in Incheon.BMW Group will also bring new and various electric models, including standard battery run and plug-in hybrid electric vehicles, to Korea soon.
Fisker Ocean Reservations Open: Convenient Mobile App, Affordable Pricing and All-Digital Experience Unveiled
Multiple industry firsts have arrived with the Fisker app featuring an innovative customer experience – from a flexible lease program, maintenance and repair on demand, insurance purchase to easy finance options. Overall, customers will be introduced to a radically different brand experience via Fisker’s unique mobile app platform, which may also include mobility options like… Continue reading Fisker Ocean Reservations Open: Convenient Mobile App, Affordable Pricing and All-Digital Experience Unveiled
GAC MOTOR to Launch its Brand and GS8 SUV as Its First Model in Russia
The GS8 luxury flagship 7-seat SUV, which is certified for sale in Russian, is a special edition that offers a multi-terrain driving mode, smart security protection, intelligent 4WD system, independent suspension system and high-performance chassis shock absorber. The first batch of GS8 SUV has arrived in Russia and will bring greater mobility to local consumers.… Continue reading GAC MOTOR to Launch its Brand and GS8 SUV as Its First Model in Russia
BMW vows to expand R&D center, partnerships with Korean firms
BMW Group Korea said Tuesday it will expand its research and development center in South Korea and increase its partnerships with local firms.The automaker also announced the introduction of the Mini Electric in Korea, hinting at its efforts to bring new electric vehicle models here, including BEVs and PHEVs.
Creator of €500,000 Luxury Car Keys Teams up With Formula One legend, Mika Salo
Awain, the manufacturer of the world’s finest car keys, announces an exciting and exclusive collaboration with former Formula One and Le Mans legend Mika Salo. The new Formula One inspired Grand Prix Collection is hand-crafted from titanium and incorporates the finest racing leathers in its exclusive silhouette. The collaborative design makes for a thrilling addition… Continue reading Creator of €500,000 Luxury Car Keys Teams up With Formula One legend, Mika Salo
Europe’s youngest unicorn founder quietly built a $1 billion Uber rival. He explains why Uber’s winner-takes-all strategy is wrong.
Youth is no barrier for the best entrepreneurs, but it can take a long time to convince investors that their view of the market is wrong.Uber, Bolt’s main rival, raised $20 billion before its public float this year to essentially outspend the competition and dominate the markets in which it operates.To date, the firm has raised $244 million, significantly less rivals, from investors including German carmaker Daimler, Chinese ride-hailing giant Didi Chuxing, and Swedish investors Creandum.