‘Renault City’, a concept store located in the heart of the Val d’Europe shopping centre, is open seven days a week. With this new showroom format, Renault is establishing itself as close as possible to the general public. Renault City offers visitors a chance to discover the brand’s universe, complementary to their digital journey. … Continue reading Renault: First ‘Renault City’ opens in France
Tag: Strategy
At SC19, GPU Accelerators Power Supercomputers to AI and Exascale
The Mile High City plays host next week to SC19, where GPUs will be key ingredients for computational science in some of the world’s most powerful supercomputers. The race to AI and to exascale performance will be much of the buzz at the annual supercomputing event this year. For both, experts are relying on GPU… Continue reading At SC19, GPU Accelerators Power Supercomputers to AI and Exascale
Dealers see falling consumer demand in October
Dealers had a tough market in October with a slowdown in demand and lower footfall compared to a year ago. Modix, the digital marketing arm of Cox Automotive, said October was a “challenging” month. Its monthly dealer sentiment survey found that 55% of dealers believed demand was down year on year and 59% reported that… Continue reading Dealers see falling consumer demand in October
Markus Duesmann to be new Audi CEO
Markus Duesmann will become the new CEO of Audi on April 1, 2020. The 50-year-old mechanical engineer will succeed Bram Schot, who has held the position since June 2018. Duesmann has been active in the automotive industry for almost three decades, most recently as Board of Management Member for Purchasing at BMW. Bram Schot, 58,… Continue reading Markus Duesmann to be new Audi CEO
Tesla’s difficult path to profit in six charts
(Reuters) – Tesla Inc’s shares sky-rocketed on Thursday after the electric car maker surprised investors with a rare quarterly profit, and delivered a record number of cars while keeping a lid on costs. FILE PHOTO: A driver steers a Tesla Model S at the Nuerburgring race track, in the western German low mountain range of… Continue reading Tesla’s difficult path to profit in six charts
Press: ZF and Danfoss Seal Strategic Partnership
“This is a robust long-term partnership that enables ZF and Danfoss to pool their strengths. Coming together on this opens up significant innovation potential to improve the technical and commercial competitiveness of our inverters. We will utilize this advantage in all our drivetrain applications, from hybrid up to full electric applications,” explains Jörg Grotendorst, Head… Continue reading Press: ZF and Danfoss Seal Strategic Partnership
German carmaker Daimler presents new business strategy for coming years
BERLIN, Nov. 14 (Xinhua) — The German car manufacturer Daimler on Thursday presented a new sustainable business strategy with a “clear commitment” to CO2-neutral mobility as well as cost-cutting measures.
According to Daimler, global regulatory CO2 targets would require ongoing high investment. The growing range of plug-in hybrids and all-electric vehicles was leading to cost increases that would have a negative impact on the return on sales of Mercedes-Benz cars.
In Daimler's core business alone, Mercedes-Benz Cars, the car manufacturer planned to save more than 1 billion euros (1.1 billion U.S. dollars) in personnel costs by the end of 2022. To this end, Daimler was seeking to cut jobs both in management and in non-production areas such as logistics and accounting.
According to Daimler, it would be in close contact with its employee representatives “in order to make the measures as acceptable as possible.”
With the business strategy, Daimler was also seeking to improve its free..
Renault: Groupe Renault co-develops a unique fabric made from 100% recycled materials for New Renault ZOE
A breakthrough industrial application, co-developed by Groupe Renault, Les Filatures du Parc, a French company specialized in carded yarn, and Adient Fabrics, the world’s leading supplier of automotive seats, with the support of Ademe and the Occitania region in France A unique, patented textile product made from safety belts, textile scraps and plastic bottle recycling,… Continue reading Renault: Groupe Renault co-develops a unique fabric made from 100% recycled materials for New Renault ZOE
Karma Appoints New Vice President, Autonomous Driving and ADAS
VIEW ALL () x Nov 14,2019 High-Tech Incubator Leverages Autonomous Technologies in Development of New Global BEV Platform New Vice President Joins November 2019, Will Lead Karma Autonomous Driving Roadmap and Karma Silicon Valley Tech Base Key Assignment: Develop Autonomous Driving and ADAS Technology Applications for Future Product IRVINE, Calif. (November 14, 2019) – Srini… Continue reading Karma Appoints New Vice President, Autonomous Driving and ADAS
Greaves Cotton completes acquisition of Ampere Vehicles
Following the acquisition, Ampere Vehicles is now part of the e-Mobility division of Greaves Cotton with significant presence in electric two-wheeler industry over the last 10 years. Chennai: Engineering firm Greaves Cotton Ltd on Thursday said it has increased its stake in Coimbatore-based Ampere Vehicles making the completion of the acquisition. Greaves Cotton announced the… Continue reading Greaves Cotton completes acquisition of Ampere Vehicles