Tesla Billionaire entrepreneur’s electric car company to set up engineering facility in Athens Tesla factory in Fremont, California, US. Photograph: Tesla Elon Musk may have plans to colonise Mars but back on planet Earth he is extending his reach to Athens, by opening an engineering facility called Tesla Greece. Musk’s electric car business is an… Continue reading Elon Musk to open Tesla R&D plant in Greece
Tag: Manufacturing
Exclusive: GM plants to cut 5,000 South Korean jobs
SEOUL (Reuters) – General Motors’ (GM.N) South Korean unit plans to slash 5,000 jobs, or about 30 percent of its workforce, but keep production steady if Seoul agrees to its $2.8 billion proposal for the loss-making operation, according to a document seen by Reuters. General Motors Korea’s labour union members protest, while demanding that GM… Continue reading Exclusive: GM plants to cut 5,000 South Korean jobs
Toyota starts a new $2.8 billion company to develop self-driving software
Toyota is expanding its pursuit of self-driving cars by starting a new company called Toyota Research Institute-Advanced Development, or TRI-AD. The Japanese automaker is starting the company in conjunction with automotive supplier Aisin Seiki and Denso, and together, they plan to invest $2.8 billion into TRI-AD in the coming years and hire around 1,000 employees… Continue reading Toyota starts a new $2.8 billion company to develop self-driving software
Deere to acquire leading manufacturer of carbon fiber technology products
MOLINE, Ill., March 2, 2018 /PRNewswire/ — Deere & Company (NYSE: DE) has signed a definitive agreement to acquire King Agro, a privately-held manufacturer of carbon fiber technology products with headquarters in Valencia, Spain and a production facility in Campana, Argentina. “This transaction provides John Deere customers the chance to benefit further from King Agro’s unique… Continue reading Deere to acquire leading manufacturer of carbon fiber technology products
Renault will hire 205 employees at Le Mans
Renault announces 205 new hires for its International Auto Chassis (ACI) plant at Le Mans (Sarthe), which includes a plan for 2,600 hires planned at national level as part of the Renault France-Cap 2020 agreement signed with several unions. As the group’s center of excellence in the chassis business, the site will make 175 permanent… Continue reading Renault will hire 205 employees at Le Mans
Ford Motor Company Issues Safety Compliance Recall for Select 2017-18 Ford Taurus Vehicles for Potential of Ignition Key Removal When Vehicle Is Not in Park
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 solutions.… Continue reading Ford Motor Company Issues Safety Compliance Recall for Select 2017-18 Ford Taurus Vehicles for Potential of Ignition Key Removal When Vehicle Is Not in Park
Geely plans to manufacture flying cars
A flying car named the TF-X lands at Lawrence Municipal Airport, Massachusetts. [Photo/China Daily] For Zhejiang Geely Holding Group, even the sky is no limit to its ambition, literally. The Chinese carmaker, which made headlines last week by becoming the largest shareholder in Mercedes-Benz owner Daimler, is to produce flying cars in China. A Geely… Continue reading Geely plans to manufacture flying cars
Volvo Cars global sales up 17.2 per cent in the first two months of 2018 as first XC40s reach customers
Volvo Cars global sales up 17.2 per cent in the first two months of 2018 as first XC40s reach customers Volvo Cars’ good start to 2018 continued in February after the premium car maker reported a global year-on-year sales increase of 12.1 per cent for the month, with deliveries of the new XC40 small… Continue reading Volvo Cars global sales up 17.2 per cent in the first two months of 2018 as first XC40s reach customers
Huawei automates Porsche Panamera
On the occasion of the mobile radio fair in Barcelona, Huawei automated a Porsche with simple means. The model Panamera of the sports car manufacturer Porsche Has Huawei taken because he has no self-propelled technology and presented it to some media representatives. Huawei modified Porsche to the mobile radio fair. Source: CNET The modification of… Continue reading Huawei automates Porsche Panamera
Toyota Research Institute-Advanced Development (TRI-AD) Established in Tokyo To Provide Fully-Integrated, Production-Quality Software For Automated Driving
Toyota will establish a new company in Tokyo in the latter part of this month named “Toyota Research Institute-Advanced Development” (TRI-AD) that will accelerate its efforts in advanced development for automated driving.