car2go Daimler’s car-sharing service was used 24 million times last year. (Photo: Reuters) The car-sharing provider Car2go from the DaimlerGroup has seen strong growth in customer numbers over the past year. With 2.97 million customers 30 percent more users were registered with the company than the year before, said Car2go on Thursday in Stuttgart. As… Continue reading Daimler’s car-sharing service: Car2go is growing fast
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JCB Group acquires Hidsons to expand with new franchise partners
JCB Group has added Kia, Citroen, Mitsubishi and SsangYong to its list of franchise partners with the acquisition of the family-owned Hidsons Group. The acquisition of the £45 million turnover (2016) Hidsons Group’s operation in North Kent was hailed as “a perfect fit, both culturally and geographically” and add a further six dealerships to the group… Continue reading JCB Group acquires Hidsons to expand with new franchise partners
Daimler invests in what3words, an innovative address system to implement on Mercedes-Benz’s new infotainment system
Daimler AG is expanding cooperation with the start-up what3words. As part of the move, the company took part in a round of financing by what3words and acquired a share of around ten percent. In addition, Mercedes-Benz will be the first automobile manufacturer to integrate the new three-word address system and make it available to its… Continue reading Daimler invests in what3words, an innovative address system to implement on Mercedes-Benz’s new infotainment system
Grab, Uber’s rival in Southeast Asia, pulls in strategic investment from Hyundai
Grab, Uber’s closest rival in Southeast Asia, continues to slowly release information about its newest funding round after it revealed it has netted a strategic investment from Hyundai. To recap, the Singapore-based firm raised a massive $2 billion led by SoftBank and China’s Didi Chuxing last July with plans to extend the round by a… Continue reading Grab, Uber’s rival in Southeast Asia, pulls in strategic investment from Hyundai
Nissan and NASA extend research into autonomous mobility services
Update to research agreement will help Nissan develop the technology for prototype transportation services LAS VEGAS – Today at CES 2018, Nissan North America, Inc., the U.S.-based subsidiary of Nissan Motor Co. Ltd., announced an agreement with NASA Ames Research Center in California’s Silicon Valley to collaborate on research and technology development for future autonomous… Continue reading Nissan and NASA extend research into autonomous mobility services
Eni and FCA sign research agreement for joint projects to significantly reduce CO 2 emissions produced by road transport vehicles
Eni and FCA sign research agreement for joint projects to significantly reduce CO2 emissions produced by road transport vehicles
Gates Group buys four TrustFord dealerships
Gates Group has acquired four car dealerships in London from TrustFord for an undisclosed sum. The dealerships in Woodford Green, Walthamstow, Enfield and Potters Bar join Gates’ existing dealerships in Bishop’s Stortford, Hertford, Epping and FordStores in Stevenage, St Albans and Harlow. Gates is rated 89 in the Motor Trader Top 200 with annual turnover… Continue reading Gates Group buys four TrustFord dealerships
Volvo and NTU to Trial Autonomous Electric Buses in Singapore
GOTHENBURG, Sweden, January 11, 2018 /PRNewswire/ — Volvo Buses and Nanyang Technological University (NTU) in Singapore have signed a cooperation agreement on a research and development program for autonomous electric buses. The program is part of the Land Transport Authority of Singapore’s drive to create new solutions for tomorrow’s sustainable public transport. Volvo and NTU… Continue reading Volvo and NTU to Trial Autonomous Electric Buses in Singapore
Singapore’s BM Mobility offers to buy Malaysia’s electric car-sharing firm UNiRIDE
January 11, 2018 BM Mobility Ltd, a Singapore-listed investment holding firm, said Thursday that it has offered to acquire Malaysian electric car- sharing firm UNiRide Ecotour Sdn Bhd (UNiRIDE), for RM850,000 ($212,944). UNiRIDE, founded in 2015, is currently 75%-owned by Wanted Marketing Communications Sdn Bhd, an authorized sales agent for electric bike manufacturer Treeletrik Sdn… Continue reading Singapore’s BM Mobility offers to buy Malaysia’s electric car-sharing firm UNiRIDE
UPDATE 1-Hyundai invests in Grab to gain ‘foothold’ in Southeast Asia ride-hailing market
SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) said on Thursday it had invested in Southeast Asian ride-hailing firm Grab, as it seeks to expand into the region to reduce its reliance on China following a damaging diplomatic row between Seoul and Beijing. Hyundai’s first direct investment in a ride-hailing firm gives it a… Continue reading UPDATE 1-Hyundai invests in Grab to gain ‘foothold’ in Southeast Asia ride-hailing market