Here is the most important news associated with the automotive industry identified by the SEA for the week March 12, 2018 – March 18, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- The 2018 NADA AEA Member Reception is coming soon! The next… Continue reading Top Automotive Industry News for Week of March 12 – March 18, 2017
Tag: Possible_Terrorism_Warfare
China’s WM Motor Open to U.S. IPO, Shrugging Off Trade Tensions
China’s WM Motor Technology Co., set to take on Tesla Inc. with an electric SUV going on sale this year, is open to holding an initial public offering in the U.S. as its founder shrugs off a potential trade war between the world’s two biggest economies. The company has a team looking into proposals for… Continue reading China’s WM Motor Open to U.S. IPO, Shrugging Off Trade Tensions
Opel: IG Metall warning to Tavares
A year after the announcement of Opel’s purchase of General Motors by PSA, the French group’s management is negotiating with the works council of its new German subsidiary. Its goal is to reduce costs and bring the brand back to the brink. A risky gamble after years of accumulated deficit under the GM era. Discussions… Continue reading Opel: IG Metall warning to Tavares
Supplier strike settled, production to resume at Fiat Chrysler's Windsor Assembly Plant
Buy Photo Workers have ended their strike at a supplier for the FCA Windsor Assembly Plant in Windsor, Ont. (Photo: Eric Seals, Detroit Free Press)Buy Photo A contract settlement has been reached with striking workers at an auto supplier in Canada that had halted production at Fiat Chrysler Automobiles’ Windsor Assembly Plant, which builds the Chrysler… Continue reading Supplier strike settled, production to resume at Fiat Chrysler's Windsor Assembly Plant
UPDATE 1-GM plans to expand Bolt EV output, asks Congress to help
WASHINGTON (Reuters) – General Motors Co (GM.N) Chief Executive Mary Barra called on the U.S. Congress on Wednesday to expand a consumer tax credit for electric vehicles as the automaker said it would boost production of its EV Chevrolet Bolt in response to strong demand. CEO of General Motors Mary Barra speaks with energy scholar… Continue reading UPDATE 1-GM plans to expand Bolt EV output, asks Congress to help
India: Temasek said to be in talks to invest in SoftBank-backed Ola
March 6, 2018 After speculations of Japanese investment giant SoftBank wanting to pump in more funds in Indian ride hailing major Ola, Singapore’s sovereign wealth fund Temasek is now reportedly in talks to invest in the Uber rival. According to a report in The Economic Times quoting sources, Temasek and other investors are looking to invest… Continue reading India: Temasek said to be in talks to invest in SoftBank-backed Ola
CO2, a sword of Damocles for car manufacturers
A real time bomb. On the eve of the opening of the car show favorite fans of big cars “premium”, this Tuesday in Geneva, the question is in every head at the car manufacturers: how to meet the European targets for CO2 emissions in 2021? Because the deadline is approaching. The sword of Damocles billions… Continue reading CO2, a sword of Damocles for car manufacturers
UPDATE 1-Trump threatens to tax European auto imports
WASHINGTON (Reuters) – U.S. President Donald Trump kept up pressure on trading partners on Saturday, threatening European automakers with a tax on imports if the European Union retaliates against his plan to slap tariffs on aluminum and steel. FILE PHOTO: Cars for export stand in a parking area at a shipping terminal in the harbour… Continue reading UPDATE 1-Trump threatens to tax European auto imports
Car in property vs. carpool: the ‘millennials’ speak
According to the latest survey conducted by the Spanish Driver Observatory (Ducit), created by the RACE, nine out of ten young drivers belonging to the so-called millennial generation already own their own vehicle or intend to buy it. This survey, which includes responses from 2,000 drivers between 18 and 36 years old, calls into question… Continue reading Car in property vs. carpool: the ‘millennials’ speak
Waymo releases great comprehensive video showing what their self-driving van sees in real-time
Outside of the tech community, self-driving technology is still seeing a lot of pushback from people who don’t trust computers driving a car for them. A new video released by Alphabet’s Waymo does a great job to familiarize people with the technology. Home Solar Power Of course, there’s an argument to be made that self-driving… Continue reading Waymo releases great comprehensive video showing what their self-driving van sees in real-time