It was one of (too many?) Many Elon Musk’s dreams: a factory without humans. While the attention of the fans and especially financial markets is turned on Tesla, which must reveal this Wednesday, May 2 after the closure of the New York Stock Exchange (around 22 hours in Paris) its results in the first quarter… Continue reading Automation, the real challenge of Tesla and its Model 3
Tag: People
Rents impacted by new transit options, new study details
Few things can guarantee a premium price for new housing like transit access. Demand so far outstrips supply in the United States, that the relative handful of walkable, transit-rich neighborhoods often become the most expensive places to live in their respective cities. A study by the National Association of Realtors and the American Public Transit… Continue reading Rents impacted by new transit options, new study details
GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing
GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing 2018-05-02 GO Motor Retailing Limited (GMRL), trading as GO Vauxhall, has acquired 4 additional Vauxhall sites from NOW Motor Retailing in Kingston, Heathrow, Hayes and Staples Corner. The sites will transition into the existing GO Vauxhall London portfolio and will grow… Continue reading GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing
Lyft commits $1.5 million to help people who lack access to transportation
Lyft is committing $1.5 million to its Relief Rides program. The idea has historically been to better support people during times of crisis, such as natural disasters or other emergency situations. Now, Lyft is expanding its reach to help people who many need rides to job interviews or medical appointments. One of the partners Lyft… Continue reading Lyft commits $1.5 million to help people who lack access to transportation
Car manufacturer: Opel works council stops churn of employees
Opel Employees are currently being prevented from leaving the company. (Photo: AP) At the car manufacturer Opel emigration workers are currently prevented from leaving the company. The works council has as announced Some 70 termination agreements were not approved, which should take effect on 1 May. The people are with it for the time being… Continue reading Car manufacturer: Opel works council stops churn of employees
Carmakers’ April sales rise 7.5 pct on demand recovery
By Choi Kyong-ae SEOUL, May 2 (Yonhap) — The combined sales of South Korea’s five carmakers rose 7.5 percent last month from a year earlier due to recovering demand and popularity of new models, corporate data showed Wednesday. The five automakers — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp.… Continue reading Carmakers’ April sales rise 7.5 pct on demand recovery
Aptiv Launches Fleet of Autonomous Vehicles on the Lyft Network
LAS VEGAS, May 2, 2018 /PRNewswire/ —Â Aptiv PLC (NYSE: APTV), a global technology leader in mobility, announced the launch of a fleet of 30 autonomous vehicles in Las Vegas on the Lyft network. A product of Aptiv’s Mobility and Services group, these vehicles will operate on Aptiv’s fully-integrated autonomous driving platform and be made available… Continue reading Aptiv Launches Fleet of Autonomous Vehicles on the Lyft Network
Is Tesla heading for trouble?
Tesla is facing more questions about its financial viability ahead of its latest results on Wednesday. The electric car-maker is facing a cash crunch, caused by a combination of a major debt load and heavy spending. Tesla boss Elon Musk says the firm could be profitable this year and dismissed concerns with an April Fool’s… Continue reading Is Tesla heading for trouble?
GM to provide loans to Korean unit, state-run bank to receive shares: sources
SEOUL (Reuters) – General Motors’ (GM.N) planned $3.6 billion cash infusion to rescue its South Korean business will be in the form of loans, while Korea Development Bank (KDB) will receive preference shares for its $750 million investment in GM Korea, two sources familiar with the matter said on Wednesday. FILE PHOTO: An employee works… Continue reading GM to provide loans to Korean unit, state-run bank to receive shares: sources
Daimler has plan in case new Chinese shareholder turns hostile
Li Shufu, founder of Geely and owner of Volvo, acquired 9.7 percent of Daimler in February. BEIJING — Daimler has a back-up plan in place to protect itself from any unsolicited takeover bid should its new Chinese investor turn unexpectedly hostile. Li Shufu, founder of Geely and owner of Volvo Cars, acquired 9.7 percent of… Continue reading Daimler has plan in case new Chinese shareholder turns hostile