Kia cuts its worldwide sales by 9.1% in February and 2% since the beginning of the year

Posted 02/03/2018 11: 28: 43CET SEOUL, Mar. 2 (EUROPA PRESS) – The South Korean automobile firm Kia Motors closed last February with a global sales volume of 195,962 units, representing a decrease of 9.1% compared to the same month of the previous year, according to data published by the company. In the first two months… Continue reading Kia cuts its worldwide sales by 9.1% in February and 2% since the beginning of the year

Vantage buys Toyota dealerships from Charles Clark Motors

Vantage Motor Group has acquired the Toyota and Lexus businesses of Charles Clark Motors in Wolverhampton for an undisclosed sum. Vantage, rated 59 in the Motor Trader Top 200 with annual revenues of £262m, already has Toyota centres close by in Tamworth, Solihull and Birmingham where it also has a Lexus dealership. Vantage, which is… Continue reading Vantage buys Toyota dealerships from Charles Clark Motors

Powerful cash injection for US high-carat startup: VW’s self-driving partner Aurora sank 90 million

All articles and backgrounds 03/02/2018 Powerful cash injection for US high-car startup VW’s self-driving partner Aurora sank $ 90 million DPA Aurora co-founder Chris Urmson receives $ 90 million from investors for his robotic car startup Just a year old and already a heavyweight in the field of autonomous driving: This lightning start has the… Continue reading Powerful cash injection for US high-carat startup: VW’s self-driving partner Aurora sank 90 million

Uber launches Uber Health, a B2B ride-hailing platform for healthcare

Uber’s launching a new business line called Uber Health on Thursday that will provide a ride-hailing platform available specifically to healthcare providers, letting clinics, hospitals, rehab centers and more easily assign rides for their patients and clients from a centralized dashboard – without requiring that the rider even have the Uber app, or a smartphone.… Continue reading Uber launches Uber Health, a B2B ride-hailing platform for healthcare

Group 1 Automotive Appoints UK Operating Leader

HOUSTON, Feb. 28, 2018 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), (“Group 1” or the “Company”), an international, Fortune 500 automotive retailer, today announced that effective March 1, 2018, Group 1 Automotive will appoint Darren Guiver as managing director of its UK operations.   Mr. Guiver has worked for Group 1 in the UK since February 2016… Continue reading Group 1 Automotive Appoints UK Operating Leader

Aurora, Led by Google and Tesla Driverless Car Vets, Lands $90M

Aurora Innovation, a self-driving car startup whose founders have ties to Google, Tesla, and Uber, has raised $90 million in Series A funding co-led by Greylock Partners and Index Ventures. Along with the money, Greylock and Index are adding a member each to Aurora’s board of directors: Reid Hoffman, the co-founder of LinkedIn and partner… Continue reading Aurora, Led by Google and Tesla Driverless Car Vets, Lands $90M

Bolt EV battery teardown, 290-mile Kona Electric, Lexus UX photo, Bolt EV police video: Today’s Car News

Follow John Today, we’ve got full details on the long-range electric version of the Hyundai Kona, a few more details on the Lexus UX small crossover, a Bolt EV battery-pack teardown on video, and a poll on Trump’s climate-science denial. All this and more on Green Car Reports. After teasing it a week ago, full… Continue reading Bolt EV battery teardown, 290-mile Kona Electric, Lexus UX photo, Bolt EV police video: Today’s Car News

China startup Nio hires eight banks for $2 bn US IPO

Other banks are Bank of America Merrill Lynch, Credit Suisse, Citigroup, Deutsche Bank, JPMorgan and UBS, said the people, declining to be identified as the deal details are not public. HONG KONG: Chinese electric vehicle startup Nio has hired eight banks including Morgan Stanley and Goldman Sachs to work on a planned US stock market… Continue reading China startup Nio hires eight banks for $2 bn US IPO

Aurora raises $90M Series A, adds Reid Hoffman and Mike Volpi to its board

Self-driving car startup Aurora has raised $90 million in a Series A round, with participation from both Greylock Partners and Index Ventures. The new funding adds to its available cash and will make it possible for the young startup to scale more quickly, but Aurora CEO Chris Urmson told me that the most important part… Continue reading Aurora raises $90M Series A, adds Reid Hoffman and Mike Volpi to its board

Hyundai unveils Kona Electric SUV in Europe

SEOUL, Feb. 28 (Yonhap) — Hyundai Motor Co., South Korea’s largest carmaker by sales, has unveiled the Kona Electric in Europe ahead of the Geneva Motor Show next month, the company said Wednesday. The all-electric crossover comes with a pair of powertrain options, one with a 64 kWh lithium-ion polymer battery pack with a range… Continue reading Hyundai unveils Kona Electric SUV in Europe