CLOSE We sit down with Jim Hackett, Ford Motor Company’s new CEO, to talk about his new position and the company’s future. Kimberly P. Mitchell/Detroit Free Press Ford China CEO and chairman Jason Luo, who began his job just a few months ago, has resigned. (Photo: Key Safety Systems) Ford China CEO and chairman Jason… Continue reading Ford China CEO shocks investors with resignation; company officials focus on future
Tag: People
Who Is Responsible When a Self-Driving Car Has an Accident?
In Brief Two recently reported crashes involving cars with autonomous driving systems have re-raised a key question. Who is at fault — the driver or the car? Collision Ethics Two separate incidents in California involving self-driving vehicles have recently gotten attention. One accident involved a Tesla Model S, the other, a Chevrolet Bolt that was using General… Continue reading Who Is Responsible When a Self-Driving Car Has an Accident?
Opel’s pre-agreement provides for wage freeze in 2018 and increases of 50% and 60% of the CPI for the following years
Updated 01/29/2018 23:21:05 CET ZARAGOZA, 29 Jan. (EUROPA PRESS) – The pre-agreement signed on Monday by the management of Opel Spain and three of the five unions that make up the works council –UGT, CC.OO. and Acumagme– foresees salary freeze for 2018. Then, increases of 50 percent of the real CPI for 2019 and 2020… Continue reading Opel’s pre-agreement provides for wage freeze in 2018 and increases of 50% and 60% of the CPI for the following years
Your Chariot awaits: shuttle bus service gets green light in London
Transport Your Chariot awaits: shuttle bus service gets green light in London Commuters will be able to pre-book seats on an app, with four routes being approved by TfL A Ford Chariot shuttle bus van in San Francisco. Photograph: Tommy Lau/AP An experimental shuttle bus service operated by Ford has been approved by London’s transport… Continue reading Your Chariot awaits: shuttle bus service gets green light in London
Nancy E. Cooper Joins Aptiv Board of Directors
GILLINGHAM, England, Jan. 29, 2018 /PRNewswire/ — Aptiv (NYSE: APTV), a global technology company enabling the future of mobility, today announced Nancy E. Cooper has been named to its board of directors, effective as of Feb.15, 2018. “We are honored and excited to have Nancy joining the Aptiv Board of Directors,” said Kevin Clark, president and… Continue reading Nancy E. Cooper Joins Aptiv Board of Directors
Adient’s Q1 results impacted by headwinds in Seat Structures & Mechanisms (SS&M) business
PLYMOUTH, Mich., Jan. 29, 2018 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced first quarter earnings. Q1 GAAP net income and EPS diluted of $(216) million and $(2.32), respectively; Q1 adjusted-EPS diluted of $1.06 Q1 Adjusted-EBIT of $163 million (margin of 3.9%) Cash and cash equivalents of $390 million at December… Continue reading Adient’s Q1 results impacted by headwinds in Seat Structures & Mechanisms (SS&M) business
VW condemned for testing diesel fumes on humans and monkeys
Volkswagen (VW) VW condemned for testing diesel fumes on humans and monkeys Experiments involved monkeys and humans breathing in exhaust fumes for hours at a time The German chancellor, Angela Merkel, said VW’s diesel experiments on humans and monkeys were ‘not ethically justifiable in any shape or form’. Photograph: Daniel Roland/AFP/Getty Images Volkswagen, the world’s… Continue reading VW condemned for testing diesel fumes on humans and monkeys
China Digest: Sequoia Capital backs LeapMotor, FinTell; Kingsoft Cloud raises $200m
January 29, 2018 Chinese startups LeapMotor and FinTell received fresh funds from Sequoia Capital China while Kingsoft Cloud secured $200 million Series D+ from FutureX Capital and Kingsoft Corporation. Sequoia Capital China backs fundraising in LeapMotor, FinTell Hangzhou-based Chinese electric vehicle startup Leapmotor has successfully completed its Pre-A funding round, raising $62 million from Sequoia… Continue reading China Digest: Sequoia Capital backs LeapMotor, FinTell; Kingsoft Cloud raises $200m
MAGNA DUAL-CLUTCH TRANSMISSION HELPS LOWER EMISSIONS AND IMPROVE DRIVING DYNAMICS
SAILAUF, Germany, Jan., 29th 2018 Stricter emission legislation has become one of the major challenges for global car manufacturers. To help achieve these emission goals and to improve the dynamic driving experience, Magna will support the BMW Group´s large-volume transverse vehicle platform (UKL) with its third generation dual-clutch transmissions (DCT), the GETRAG 7DCT300. BMW Group´s… Continue reading MAGNA DUAL-CLUTCH TRANSMISSION HELPS LOWER EMISSIONS AND IMPROVE DRIVING DYNAMICS
VW Customers Don’t Give a Monkeys about Diesel Cheating Animal Testing
A bizarre incident involving the testing of diesel exhaust fumes on a group of cartoon-watching monkeys, and possibly humans too, has catapulted the Volkswagen AG emissions scandal back onto newspaper front pages. But public outrage, though warranted, may well ring hollow this time. When Volkswagen admitted rigging about 11 million vehicle engines in 2015, I assumed the German… Continue reading VW Customers Don’t Give a Monkeys about Diesel Cheating Animal Testing