BorgWarner’s Latest Eco-Launch™ Stop/start Technology Delivers Quick, Smooth Restarts for Ford FWD Vehicles

AUBURN HILLS, Mich., March 13, 2018 /PRNewswire/ — BorgWarner, a global leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles, helps Ford deliver greater vehicle efficiency with its Eco-Launch™ stop/start solenoid valve and hydraulic accumulator. Engineered to deliver fast, smooth launches during engine restarts, the award-winning solution is available on the… Continue reading BorgWarner’s Latest Eco-Launch™ Stop/start Technology Delivers Quick, Smooth Restarts for Ford FWD Vehicles

Audi profit-sharing bonus increases to €4,770

Audi is ensuring that its employees participate in the company’s success: A skilled worker at AUDI AG will receive a profit-sharing bonus of €4,770 for the 2017 financial year. The amount for this group of employees last year was €3,150. The company will pay out the bonuses to the eligible employees in Germany paid according… Continue reading Audi profit-sharing bonus increases to €4,770

Grab and Credit Saison Form Financial Services Joint Venture To Expand Access to Credit for Southeast Asia’s Unbanked

Singapore, 13 March, 2018 – Grab Inc. (“Grab”), the leading on-demand transportation and fintech platform in Southeast Asia, and Credit Saison Co., Ltd. (“Credit Saison”), one of Japan’s largest consumer financing companies, today announced a joint venture to provide loans and lending services to millions of unbanked and underbanked consumers, micro-entrepreneurs and small businesses across… Continue reading Grab and Credit Saison Form Financial Services Joint Venture To Expand Access to Credit for Southeast Asia’s Unbanked

Ford SUVs Power 8% Sales Growth in Europe; Ford Fiesta, Transit, Ranger Lead Segments

About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility… Continue reading Ford SUVs Power 8% Sales Growth in Europe; Ford Fiesta, Transit, Ranger Lead Segments

Grab and Chubb sign partnership to provide innovative in-app insurance solutions throughout Southeast Asia

SINGAPORE, March 13, 2018 /PRNewswire/ — Grab, the leading on-demand transportation and fintech platform in Southeast Asia, has announced a partnership with Chubb, the world’s largest publicly traded property and casualty insurance company, to offer insurance solutions for Grab’s driver-partners. Using the Grab app, drivers will be able to select different insurance options to protect their… Continue reading Grab and Chubb sign partnership to provide innovative in-app insurance solutions throughout Southeast Asia

UPDATE 1-GM president says ‘shared sacrifice’ needed to fix GM Korea

DETROIT (Reuters) – General Motors Co (GM.N) President Dan Ammann said on Monday the automaker’s troubled South Korean operations can be a“sustainable, profitable business,” if unions and the South Korean government agree quickly on a restructuring. FILE PHOTO: Cars made by GM Korea are seen on trucks in a yard of GM Korea’s Bupyeong plant… Continue reading UPDATE 1-GM president says ‘shared sacrifice’ needed to fix GM Korea

SHAPING THE FUTURE OF MOBILITY IN THE SILICON VALLEY

Reinforcing our innovation ecosystem is one of our top 2018 priorities following the January launch of our new TechCenter in Silicon Valley. We’re excited to be at the heart of open collaboration that’s connecting the automotive industry to start-ups, universities and tech entrepreneurs to explore the car of the future. To highlight this, we opened… Continue reading SHAPING THE FUTURE OF MOBILITY IN THE SILICON VALLEY

Panasonic Factory in Dalian, China Begins Mass Production and Shipments of Automotive Lithium-ion Batteries

Osaka, Japan – Panasonic Corporation has begun mass production of prismatic-type automotive lithium-ion batteries at its factory in Dalian, China, and held a ceremony to mark the first shipment today. The market for eco-conscious vehicles, including hybrids, plug-in hybrids, and electric vehicles, is growing every year thanks to the increase in environmental awareness in recent… Continue reading Panasonic Factory in Dalian, China Begins Mass Production and Shipments of Automotive Lithium-ion Batteries

Dongfeng Peugeot-Citroen sales stall on brand confusion

Following a series of management reshuffles and a slow start in the world’s largest market, Dongfeng Peugeot-Citroen Automobile’s sales in China barely made it past the half-way mark of their 2017 target, resulting in substantial losses for the joint venture carmaker. Dongfeng Peugeot-Citroen saw a loss of 30 billion euros ($36.94 billion) last year, despite… Continue reading Dongfeng Peugeot-Citroen sales stall on brand confusion

Startup has solution to deter dangerous railway hacking

Rail transport is undergoing a huge transformation thanks to automated, wireless and connected technologies that whoosh passengers down the tracks faster and more efficiently than ever before possible. However, these same technologies have opened a door to new types of cyber-attacks that can threaten passenger safety, disrupt service and cause serious economic damage. Now pulling… Continue reading Startup has solution to deter dangerous railway hacking