DriveNow becomes wholly-owned subsidiary of BMW Group

Munich. With the acquisition of Sixt SE’s stake in DriveNow, the BMW Group continues its systematic development as a customer-centric mobility company. Today’s signing is subject to approval by antitrust authorities. With this move, the world’s leading provider of premium mobility is offering customers efficient, sustainable mobility solutions from a single source. The rapidly growing… Continue reading DriveNow becomes wholly-owned subsidiary of BMW Group

First electric Volvo to be an all-new hatchback due in 2019

Inspired by Volvo 40.2 concept (pictures) The 40.2 continued a theme first seen with the 40.1 The 40.1 concept (right) heavily inspired the XC40 (left) Volvo will launch an all-electric hatchback in 2019. Volvo’s first stand-alone electric car will be a production version of the 40.2 concept seen in May last year, Autocar UK can reveal.… Continue reading First electric Volvo to be an all-new hatchback due in 2019

LeddarTech Inc. and OPTIS Announce LiDAR Simulation Partnership

LeddarTech Inc. and OPTIS Announce LiDAR Simulation PartnershipPhillip Keane posted on January 27, 2018 | 857 views Virtual prototyping company OPTIS has announced a partnership with LeddarTech Inc., the developer and owner of Leddar, a patented digital signal processing technology used in automotive solid-state LiDARs. The partnership will see the development of LiDAR simulation software geared… Continue reading LeddarTech Inc. and OPTIS Announce LiDAR Simulation Partnership

Welcome Veoneer

Mon, Jan 29, 2018 08:30 CET (Stockholm, Sweden, January 29, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that the new electronics spin-off company will be named Veoneer. In December 2017, Autoliv’s Board of Directors decided to continue with the spin-off of its Electronics business… Continue reading Welcome Veoneer

Alibaba, Foxconn, IDG Lead $348M Investment In Chinese Smart Car Maker Xiaopeng Motors

Chinese electric vehicle maker Xiaopeng Motors has raised RMB2.2 billion (US$348 million) in a series B round led by Alibaba Group Holding Ltd., IDG Capital and Taiwanese electronics manufacturer Hon Hai Precision Industry Co., Ltd., also known as Foxconn. Jack Ma-backed Yunfeng Capital, Apoletto Asia, CICC, and existing investors GGV Capital,  Matrix Partners China and Morningside Venture… Continue reading Alibaba, Foxconn, IDG Lead $348M Investment In Chinese Smart Car Maker Xiaopeng Motors

Opel will export cars to Morocco and Tunisia – L’Usine Auto

“We see good opportunities for us,” says Michael Lohscheller, chairman of the board of directors.Opel, about the prospects of the brand in Africa. Now in the lap of PSA Peugeot CitroënOpel plans to start exporting cars to Tunisia and Morocco from its European plants, says Michael Lohscheller in an interview that will be published Monday,… Continue reading Opel will export cars to Morocco and Tunisia – L’Usine Auto

16.5 million euros raised by Heetch

The VTC company made an international round that brought him a whopping $ 16.5 million. What will shade Uber? The readjustment was well received. After grazing the worst, the VTC Applying App, Heetch, seems to have found the right equation. This is at least think the spectacular fundraising, amounting to 16.5 million euros, closed by… Continue reading 16.5 million euros raised by Heetch

Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus

Tesla The Observer Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus Some say the firm is already overvalued at $60bn. But its founder’s vision is now truly ambitious Elon Musk unveils Tesla’s forthcoming Roadster 2 sports car in California. Photograph: Reuters Racy valuations for loss-making businesses are nothing new to… Continue reading Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus

Monitoring of CO2 emissions from vans – Regulation 510/2011

European data Monitoring of CO2 emissions from vans – Data 2016 – Final [+] Show table definition (records:   1636740) Field name Field Definition Data type Primary key ID ID integer Yes MS Member state varchar(2) No MP Manufacturer pooling varchar(120) No Mh Manufacturer harmonised varchar(120) No MAN Manufacturer name OEM declaration varchar(120) No MMS… Continue reading Monitoring of CO2 emissions from vans – Regulation 510/2011

Fiat Chrysler’s Marchionne Has Lessons for Ford CEO Jim Hackett

With retirement approaching, Sergio Marchionne seems determined to go out with a bang: the Fiat Chrysler Automobiles NV boss thinks operating profit will surpass that of Ford Motor Co. this year. On Thursday, Marchionne reminded analysts that’s a surprising turn of events. He’s right. It’s less than a decade since Chrysler filed for bankruptcy protection (Ford… Continue reading Fiat Chrysler’s Marchionne Has Lessons for Ford CEO Jim Hackett