PSA-Opel savings drive new profit record, defying slump

PARIS (Reuters) – French carmaker PSA Group (PEUP.PA) delivered a sharp increase in first-half profit, defying a global industry downturn as new models and cost savings from the integration of Opel-Vauxhall more than made up for weaker emerging market sales. FILE PHOTO: The new Peugeot 208 GT is displayed at the 89th Geneva International Motor… Continue reading PSA-Opel savings drive new profit record, defying slump

Uber Freight launches in Germany, faces local competition

FRANKFURT (Reuters) – U.S. ride-hailing company Uber (UBER.N) is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe’s $500 billion trucking market. FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO at the New York… Continue reading Uber Freight launches in Germany, faces local competition

Six VW Electric Models To Be Produced In Zwickau: 330,000 Annually

Volkswagen Zwickau will be one of the biggest electric car plants in the world. Volkswagen Group, since the summer of 2018 on, has been busy with the modernization of the production lines in Zwickau plant in Germany, which is set to become a massive all-electric car factory. The German manufacturer says that through an investment… Continue reading Six VW Electric Models To Be Produced In Zwickau: 330,000 Annually

Tesla Goes Patent Crazy With Huge Casting Machine For Model Y

Will we ever see such a tool working to create entire car frames? After the presentation of the Model 3, it seems the Model Y did not get that much love from the audience. But it surely got it from Tesla. The compact SUV may be the first Tesla product to have not only a… Continue reading Tesla Goes Patent Crazy With Huge Casting Machine For Model Y

The road ahead for Waymo, AV engineering and mobility, with Waymo CTO Dmitri Dolgov

Earlier this month, TechCrunch held its annual Mobility Sessions event down in San Jose, where leading mobility-focused auto companies, startups, executives and thought leaders joined us to discuss all things autonomous vehicle technology, micromobility and electric vehicles. Extra Crunch is offering members access to full transcripts key panels and conversations from the event, including a… Continue reading The road ahead for Waymo, AV engineering and mobility, with Waymo CTO Dmitri Dolgov

French group Faurecia holds course in ‘tougher than expected’ auto market

French auto parts maker Faurecia maintained first-half profitability despite a China-led decline in auto production and the loss of seating contracts, the company said on Tuesday.Its positive net cash flow rose 3.9% to 257 million.The company reiterated 2019 guidance including a margin of 7% or more and net cash flow of at least 500 million, assuming a 4% decline in global auto production for the full year.

Pashley Morgan

The Morgan Motor Company are excited to collaborate on two concept bicycles with a fellow British company, Pashley Cycles. Founded in 1926, Pashley Cycles are the longest established British cycle manufacturer, famed the world over for their range of traditionally built and impeccably styled cycles. With centuries of combined heritage, craftsmanship and passion for their… Continue reading Pashley Morgan

Velodyne Lidar Acquires Mapper.ai for ADAS Launch

July 22, 2019 Velodyne adds Mapper’s mapping and localization software to advance revolutionary lidar-centric ADAS In addition to ADAS, Velodyne will incorporate Mapper technology into lidar-centric solutions for other emerging applications, including autonomous vehicles, last-mile delivery services, security, smart cities, smart agriculture, robotics, and unmanned aerial vehicles.  Velodyne Lidar, Inc. today announced it has acquired… Continue reading Velodyne Lidar Acquires Mapper.ai for ADAS Launch

Solaris Wins Biggest Electric Bus Contract In Europe For 130 Vehicles

Within less than a month, Solaris received three volume orders for hundreds of electric buses. Solaris, the Polish bus manufacturer (part of CAF Group from September 2018 on), just won Europe’s biggest contract for 130 articulated electric buses for Warsaw, the capital of Poland. The total value of 130 Solaris Urbino 18 electric for Warsaw… Continue reading Solaris Wins Biggest Electric Bus Contract In Europe For 130 Vehicles

Porsche Consulting: Automation of Production Planning Enhanced by AI

1. All information offered on Porsche Newsroom, including but not limited to, texts, images, audio and video documents, are subject to copyright or other legislation for the protection of intellectual property. They are intended exclusively for use by journalists as a source for their own media reporting and are not intended for commercial use, in… Continue reading Porsche Consulting: Automation of Production Planning Enhanced by AI