TomTom to sell Telematics unit to Japan’s Bridgestone for $1.03b

January 22, 2019 TomTom, the Dutch navigation and digital maps company, said on Tuesday it has agreed to sell its Telematics, or the fleet management business, to Japan’s Bridgestone for 910 million euros (£802.5 million or $1.03 billion). The company will return 750 million euros of that to shareholders via a capital repayment and share… Continue reading TomTom to sell Telematics unit to Japan’s Bridgestone for $1.03b

BMW & Mercedes-Benz go together?

The two luxury car manufacturers, BMW and Mercedes-Benz, want to merge for autonomous driving. The development of the Autonomous driving has already started several cooperations. So have yourself cooperation blocks formed across the industries. Not only suppliers and manufacturers, but also IT companies belong to the partners of these cooperations. Mercedes-Benz Vision URBANETIC people mover… Continue reading BMW & Mercedes-Benz go together?

Fight for standards: The BMW-Daimler-Plan: Car engines test close cooperation in autonomous driving

iNext from BMW More than 1,000 engineers are developing the new vehicle on a campus north of Munich. (Photo: BMW Group / Enes Kucevic) MunichThe rivalry between Daimler and BMW is considered legendary. Decades of competition ultimately made both brands global global market leaders for luxury sedans. But soon competition could be slowed down, at… Continue reading Fight for standards: The BMW-Daimler-Plan: Car engines test close cooperation in autonomous driving

Autonomous Driving: The BMW-Daimler-Plan – Autoriesen examine close cooperation

BMW Vision iNeXT More than 1,000 engineers are developing the new vehicle on a campus north of Munich. The planned for 2021 electric SUV should dominate the automated driving and at least on motorways for a long time without drivers get along. (Photo: BMW Group / Enes Kucevic) MunichThe rivalry between Daimler and BMW is… Continue reading Autonomous Driving: The BMW-Daimler-Plan – Autoriesen examine close cooperation

Autonomous driving: The BMW-Daimler-Plan cars are testing close cooperation

BMW Vision iNeXT More than 1,000 engineers are developing the new vehicle on a campus north of Munich. The planned for 2021 electric SUV should dominate the automated driving and at least on motorways for a long time without drivers get along. (Photo: BMW Group / Enes Kucevic) MunichThe rivalry between Daimler and BMW is… Continue reading Autonomous driving: The BMW-Daimler-Plan cars are testing close cooperation

Boutique carmaker Karma Automotive, legendary design firm Pininfarina team up – Digital Trends

Boutique automaker Karma Automotive is teaming up with one of the greatest names in car design for its future luxury cars. During the Automotive News World Congress at the 2019 Detroit Auto Show, Karma CEO Lance Zhou announced a partnership with Pininfarina, the Italian design firm that has likely shaped more of history’s best-looking cars… Continue reading Boutique carmaker Karma Automotive, legendary design firm Pininfarina team up – Digital Trends

UPDATE 1-GM warns workers in Brazil on losses, tough turnaround plan

SAO PAULO (Reuters) – General Motors Co (GM.N) has warned employees in Brazil that new investments there depend on a painful plan to return to profit in the country, according to a memo seen by Reuters on Saturday. The GM logo is seen at the General Motors headquarters in Sao Caetano do Sul, Brazil March… Continue reading UPDATE 1-GM warns workers in Brazil on losses, tough turnaround plan

GM warns workers in Brazil on losses, tough turnaround plan

SAO PAULO (Reuters) – General Motors Co (GM.N) has warned employees in Brazil that new investments there depend on a painful plan to return to profit in the country, according to a memo seen by Reuters on Saturday. The GM logo is seen at the General Motors headquarters in Sao Caetano do Sul, Brazil March… Continue reading GM warns workers in Brazil on losses, tough turnaround plan

FCA’s one-time shift: “Another sacrifice for the workers, but it is the signal of the reorganization towards the 500E”

“The contraction of timetables on a single shift at Mirafiori is a further sacrifice in terms of wages for workers, but it is also a sign of the confirmation of the reorganization path that FCA is undertaking in order to implement the Industrial Plan and the departure of the 500E”. Also Fim-Cisl joins the comments… Continue reading FCA’s one-time shift: “Another sacrifice for the workers, but it is the signal of the reorganization towards the 500E”

Fiat Chrysler production to fall in Italy in 2019, union says – Automotive News Europe

MILAN — Unions at Fiat Chrysler Automobiles’ Italian factories expect domestic production to continue to decline this year after double-digit drop last year, largely because of slumping sales at Alfa Romeo and Maserati. FCA’s production in Italy fell 10 percent to 667,526 units in 2018, according to the FIM-CISL Italian trade union. The decline came… Continue reading Fiat Chrysler production to fall in Italy in 2019, union says – Automotive News Europe