As different models find their ways to profitability, subscription services remain a hot automotive trend. Photo via Depositphotos. “The American Dream is moving from ownership to access,” says John Phelps, vice president of Clutch Technologies. “If we had tried to start this (a subscription platform) at the heart of the MTV Cribs era, it wouldn’t… Continue reading Subscription Services: One Size Doesn’t Fit All
Tag: Strategy
Supervisory Board appoints Harald Wilhelm as member of the Board of Management of Daimler AG
Harald Wilhelm to become member of the Board of Management of Daimler AG with responsibility for Finance & Controlling and Daimler Financial Services division Appointment of Wilhelm as of April 1, 2019 for three years Manfred Bischoff, Chairman of the Supervisory Board of Daimler AG: “Harald Wilhelm is a successful Chief Financial Officer with an… Continue reading Supervisory Board appoints Harald Wilhelm as member of the Board of Management of Daimler AG
President Macron to unveil plan to give Europe’s electric battery industry a jolt
PARIS (Reuters) – France will invest 700 million euros ($790 million) over the next five years into projects to boost the European electric car battery industry and reduce its carmakers’ reliance on dominant Asian rivals, said French presidency officials. The new battery of the Renault electric car Z.E. is displayed on media day at the… Continue reading President Macron to unveil plan to give Europe’s electric battery industry a jolt
Renault wants to limit the compensation of Carlos Ghosn
Diet dry for Carlos Ghosn. Now chaired by Jean-Dominique Senard, Renault has taken a very clear position: the compensation that will be paid to his former CEO will be limited. In a statement, the board of directors The Losange announces having decided “unanimously” to “waive the benefit of the commitment of non-competition subscribed by Mr.… Continue reading Renault wants to limit the compensation of Carlos Ghosn
Baden-Württemberg’s Minister-President Kretschmann test drives an Audi e-tron
The Audi e-tron in front of the Villa Reitzenstein: Winfried Kretschmann, Minister-President of Germany’s federal state of Baden-Württemberg, and the Audi CEO, Bram Schot, met for an informal exchange of opinions at the headquarters of the state government in Stuttgart. On this occasion, the Chairman of the Audi Board of Management accompanied by Wendelin Göbel,… Continue reading Baden-Württemberg’s Minister-President Kretschmann test drives an Audi e-tron
Renault scraps Ghosn’s 30 million euro parachute with government backing
PARIS (Reuters) – Renault said it had scrapped 30 million euros ($34 million) in deferred and severance pay to former boss Carlos Ghosn, forced out last month following his arrest for suspected financial misconduct at Japanese affiliate Nissan. FILE PHOTO: A street monitor showing a news report about arrest of Nissan Chairman Carlos Ghosn is… Continue reading Renault scraps Ghosn’s 30 million euro parachute with government backing
Blockchain: Developing standards for universal application in the mobility sector.
Munich. From 14 – 15 February, members of the consortium co-founded by the BMW Group will be meeting with representatives of well-known technology companies from around the world, plus blockchain start-ups and specialists, at the BMW Group IT Centre in Munich. As well as serving as a platform for sharing knowledge and experience, the two-day… Continue reading Blockchain: Developing standards for universal application in the mobility sector.
BMW Group global sales increase in January
Munich. The BMW Group has started 2019 with a positive sales result: global deliveries of the company’s three premium automotive brands increased by 0.5% in January, with a total of 170,463 BMW, MINI and Rolls-Royce cars delivered to customers. This is the company’s strongest-ever start to a year, achieved despite the current headwinds affecting the… Continue reading BMW Group global sales increase in January
Electric car production racing ahead of car buyers’ desires – The Irish Times
Car makers could be looking down the barrel of massive oversupply of electric vehicles in the market. According to a new report from Deloitte, a “significant expectation gap” is growing between the production ramp-up of electric vehicles by the world’s major car makers, and the actual serious sales prospects for those vehicles. The report says… Continue reading Electric car production racing ahead of car buyers’ desires – The Irish Times
Images: Mobileye Management
Professor Shai Shalev-Shwartz (left), vice president of technology at Mobileye, an Intel Company, and Professor Amnon Shashua, senior vice president at Intel Corporation and president and CEO of Mobileye. Mobileye, an Intel company, is the leader in assisted driving and a pioneer in the use of computer vision technology to save lives on the road.… Continue reading Images: Mobileye Management