The Volvo S90 Ambience Concept – a car that connects with your senses Volvo Cars, the premium car maker, today reveals the S90 Ambience Concept, an industry-first sensory experience that synchronises visuals, sound and scent to redefine in-car luxury. The S90 Ambience Concept, making its public debut at the Beijing Auto Show in China,… Continue reading The Volvo S90 Ambience Concept – a car that connects with your senses
Tag: M and A
NIO Capital Is Said Close to Completing $500 Million Auto Fund
NIO Capital, the investment firm affiliated to Chinese electric-vehicle startup NIO, is close to completing the first round of its $500 million offshore fund that will put money in new automotive technologies, according to people with direct knowledge of the matter. The company is discussing with sovereign-wealth funds, energy and insurance companies in Asia and… Continue reading NIO Capital Is Said Close to Completing $500 Million Auto Fund
NIO Capital nears completing first round of $500m auto fund to tap new tech
April 22, 2018 NIO Capital, the investment firm backed by Chinese electric-vehicle startup NIO, is close to completing the first round of its $500 million offshore fund that will put money in new automotive technologies, according to people with direct knowledge of the matter. The company is discussing with sovereign-wealth funds, energy and insurance companies… Continue reading NIO Capital nears completing first round of $500m auto fund to tap new tech
Biting criticism of established car manufacturers: Ex-Opel boss Neumann goes to car startup Evolozcity
All articles and backgrounds 04/22/2018 Biting criticism of established car manufacturers Ex-Opel boss Neumann goes to car startup Evolozcity DPA Dominates the big stage: Karl-Thomas Neumann at the IAA 2013 with Chancellor Angela Merkel. There were many rumors about Karl-Thomas Neumann in recent months. Time should be the former boss of the automaker Opel take… Continue reading Biting criticism of established car manufacturers: Ex-Opel boss Neumann goes to car startup Evolozcity
Dyson Abandons Sakti3 Solid-State Battery Patents
47 M BY DOMENICK YONEY Well, this sucks. Dyson — the world-famous purveyor of non-traditional-looking vacuum cleaners, hair and hand dryers, and other assorted household items — has been investing vast amounts of money to develop a line of electric vehicles that were supposed to find their way to showrooms by 2020. Well, that automotive ambition may… Continue reading Dyson Abandons Sakti3 Solid-State Battery Patents
How Renault has climbed the slope in Russia
Carlos Ghosn has no doubt: Russia will be his “cash machine”. Audacious, the bet has almost failed to weaken the boss of Renault and the accounts of the manufacturer. “When I came here two years ago, it was extremely difficult,” recalls Nicolas Maure, the French sent in 2016 by the Parisian management with the approval… Continue reading How Renault has climbed the slope in Russia
PSA Group demanded 3,700 job cuts in Germany: Opel works council chief
Opel, which PSA bought from General Motors for $2.6 billion, has made losses for almost 20 years, and Tavares has been frustrated in his bid to cut high production costs. FRANKFURT: PSA Group has demanded 3,700 staff cuts by 2020 in Germany and a process of buyouts and early retirement has already resulted in a… Continue reading PSA Group demanded 3,700 job cuts in Germany: Opel works council chief
More Than Just Miles: Our Self-Driving Vehicle Testing Helps Steer Miami Students Toward a Future…
More Than Just Miles: Our Self-Driving Vehicle Testing Helps Steer Miami Students Toward a Future of Robotics By Peter Rander, President, Argo AI Joel Cruz, a high school student from Miami, and Peter Rander, President, Argo AI. After a year spent testing self-driving vehicles in Pittsburgh and Southeast Michigan — not to mention enduring some cold winter weather — the Argo AI… Continue reading More Than Just Miles: Our Self-Driving Vehicle Testing Helps Steer Miami Students Toward a Future…
Nissan to cut hundreds of jobs at Sunderland plant
Nissan Plummeting diesel sales deal another employment blow to the UK automotive industry Nissan would not confirm any job losses, although local reports suggested long-serving staff could be asked to take voluntary redundancy. Photograph: Christopher Furlong/Getty Images Nissan is to cut hundreds of jobs at its Sunderland plant, Britain’s biggest car factory, as plummeting diesel… Continue reading Nissan to cut hundreds of jobs at Sunderland plant
Opel could lose more than a quarter of its German employees
Open doors. The number of employees leaving Opel should far exceed the expectations of PSA, the new owner of the brand to lightning. According to Wolfgang Schäfer-Klug, head of Opel’s works council, more than 4,000 employees are already willing to leave the entity. This without taking into account the generous plan of departure plan open… Continue reading Opel could lose more than a quarter of its German employees