Emerge raises $20M to take its digital freight marketplace for truckers up a gear

Trucking is currently the most popular mode of transporting freight in the US, accounting for around $12.5 billion of the $17 billion freight market, according to the Bureau of Transportation Statistics. But with thousands of small and single-vehicle operators and legacy (often paper-based) systems underpinning communications, it’s also one of the most inefficient. Now, there… Continue reading Emerge raises $20M to take its digital freight marketplace for truckers up a gear

Factbox: Britain’s 2035 ban on new combustion car sales puts jobs at risk

FRANKFURT (Reuters) – Britain will ban the sale of new petrol and diesel cars from 2035 in an attempt to reduce air pollution, a step which accelerates a shift toward electric vehicles. Following are some of the possible challenges and consequences related to the decision: Exhaust pipes of a car are pictured in London, Britain… Continue reading Factbox: Britain’s 2035 ban on new combustion car sales puts jobs at risk

Ferrari tempers 2020 expectations with cautious upgrade

MILAN (Reuters) – Demand for Ferrari’s (RACE.MI) Portofino and 812 Superfast models helped the Italian supercar maker hit profit targets for last year though it only a provided cautious upgrade to its outlook for 2020. FILE PHOTO: Ferrari Roma is unveiled during its first world presentation in Rome, Italy, November 14, 2019. REUTERS/Guglielmo Mangiapane/File Photo… Continue reading Ferrari tempers 2020 expectations with cautious upgrade

Henkel opens phase II of Kurkumbh plant, plans additional 50m euro investment

Henkel Adhesives Technologies India, a wholly-owned subsidiary of Henkel, Germany, has announced the unveiling of its second phase of its production facility in Kurkumbh, Maharashtra. Following the initial investment of around 50 million euros (Rs 400 crore) in the new facility that will help meet demand for high-performance adhesives, sealants and surface treatment products in… Continue reading Henkel opens phase II of Kurkumbh plant, plans additional 50m euro investment

Hyundai to halt South Korea output as virus disrupts China parts supply

SEOUL (Reuters) – Hyundai Motor (005380.KS) said it will suspend production in South Korea due to the coronavirus outbreak disrupting parts supply, becoming the first major automaker to do so outside of China. FILE PHOTO: A man walks past the logo of Hyundai Motor during the 2019 Seoul Motor Show in Goyang, South Korea, March… Continue reading Hyundai to halt South Korea output as virus disrupts China parts supply

Nissan weighs restarting China production in Dongfeng venture after February 10

SHANGHAI (Reuters) – Nissan Motor (7201.T) said on Tuesday it is considering restarting production in China in its venture with Dongfeng Motor Group (0489.HK) sometime after Feb. 10, citing government guidance and its assessment of the coronavirus epidemic. The Japanese car maker also said production in Hubei province, the epicenter of the epidemic, will start… Continue reading Nissan weighs restarting China production in Dongfeng venture after February 10

Toyota and Panasonic will start producing EV batteries in April

Sponsored Links ASSOCIATED PRESS Toyota and Panasonic have announced a new agreement to start jointly developing and manufacturing electric vehicle batteries. The two Japanese companies say they’re creating a company called Prime Planet Energy and Solutions that will begin producing square-shaped prismatic cells on April 1st. The company will employ approximately 5,100 people initially. As… Continue reading Toyota and Panasonic will start producing EV batteries in April

@GM: First 2020 Chevrolet Corvette Rolls Off the Line

First 2020 Chevrolet Corvette Rolls Off the Line 2020-02-03 DOWNLOAD IMAGE Regular production of the 2020 Chevrolet Corvette Stingray coupe begins February 3, 2020 at General Motors Bowling Green Assembly in Bowling Green, Kentucky. Initial vehicle shipments to dealers are expected to begin in late February or early March. (Photo by Miranda Pederson for General… Continue reading @GM: First 2020 Chevrolet Corvette Rolls Off the Line

@GM: Chevrolet Colorado ZR2 Bison Named First-Ever Overland Truck of the Year

Chevrolet Colorado ZR2 Bison Named First-Ever Overland Truck of the Year 2020-02-03 DETROIT – Overland Journal has named the Chevrolet Colorado ZR2 Bison its first Overland Truck of the Year. In their review, the editors praised the Bison as “one of the most exceptional overland trucks ever sold in North America.” For the inaugural competition,… Continue reading @GM: Chevrolet Colorado ZR2 Bison Named First-Ever Overland Truck of the Year

@Mitsubishi: Mitsubishi Motors Reports January 2020 Sales

Sales of Outlander, Mitsubishi’s adventurous and enduring three-row, seven-passenger CUV, were up nearly 66 percent over January of 2019. Sales of the stylish and sporty Eclipse Cross increased more than 35 percent over the January prior. Mitsubishi Motors reported its seventh-straight year of sales increases in 2019, marking a 2.5 percent increase over the year… Continue reading @Mitsubishi: Mitsubishi Motors Reports January 2020 Sales