Volkswagen Group and leading self-driving technology company, Aurora, announce strategic partnership at CES 2018

Today, the Volkswagen Group and leading self-driving technology company, Aurora, announced a strategic partnership that brings the two companies together to bring self-driving electric vehicles to cities as Mobility-as-a-Service (MaaS) fleets. The Volkswagen Group defined its goal of becoming a global leader in autonomous driving with its dedicated Self-Driving System (SDS) in its future program… Continue reading Volkswagen Group and leading self-driving technology company, Aurora, announce strategic partnership at CES 2018

FAURECIA TO PURCHASE HUG ENGINEERING AND BECOME MAJOR PLAYER IN DEPOLLUTION SYSTEMS FOR HIGH HORSEPOWER ENGINES

Faurecia today announced that it had entered into an agreement for the acquisition of 100% of the Swiss company Hug Engineering. The company is a market leader in complete exhaust gas purification systems for engines above 750hp. Hug Engineering is currently owned by the German Group ElringKlinger.  High horsepower engines are used in marine propulsion,… Continue reading FAURECIA TO PURCHASE HUG ENGINEERING AND BECOME MAJOR PLAYER IN DEPOLLUTION SYSTEMS FOR HIGH HORSEPOWER ENGINES

FAURECIA AND ACCENTURE JOIN FORCES TO REINVENT ONBOARD EXPERIENCE FOR CONNECTED AND AUTONOMOUS VEHICLES

Faurecia (EO.PA) and Accenture (NYSE: ACN) today announced they have signed a memorandum of understanding for a five-year collaboration to accelerate innovation for mobility services. Faurecia and Accenture will combine their innovation expertise and co-invest to develop products and services for connected and autonomous vehicles. They will focus initially on two areas: cognitive technologies to reinvent… Continue reading FAURECIA AND ACCENTURE JOIN FORCES TO REINVENT ONBOARD EXPERIENCE FOR CONNECTED AND AUTONOMOUS VEHICLES

Opel introduces short-time working for an expected six months

The Opel plant in Rüsselsheim is scheduled to start short-time work this week. The goal of the six-month measure is to avoid layoffs. Further steps are to follow to get the carmaker back on track. Opel plant in Rüsselsheim Monday, 08.01.2018 20:45 This week starts in the Opel plant in Rüsselsheim a six-month presumably short-time… Continue reading Opel introduces short-time working for an expected six months

Electric car builder Byton: Ex BMW managers challenge German manufacturers

Byton-President Daniel Kirchert (l) and CEO Carsten Breitfeld Both managers were employed by BMW before the founding of Byton. (Photo: AFP) In sneakers, jeans and T-shirt – so far Carsten Breitfeld had hardly presented a vehicle so far. The former BMWManager climbed loosely from the SUV, which he put on the stage at the Consumer… Continue reading Electric car builder Byton: Ex BMW managers challenge German manufacturers

first Negotiation on company collective agreement without result: “VW talks economic development small”

12/11/2017 1. Negotiation on company collective agreement without result “VW talks economic development small” DPA Have not come any closer: Volkswagen VW personnel manager Martin Rosik (l.) And the head of department and negotiator of IG Metall, Thorsten Gröger (right) The first round of collective bargaining for around 130,000 VW employees has been inconclusive. “The… Continue reading first Negotiation on company collective agreement without result: “VW talks economic development small”

Asia tech news roundup – Jan 8

Ooi Huey Tyng, GrabPay’s new managing director for Singapore, Malaysia, and the Philippines. Photo credit: Grab / MovingStills Photography Funding for a used luxury goods marketplace, corporate backing for Mobike’s ride-hailing venture, and another high-profile executive appointment at Grab. Here are the day’s top tech news stories from around the region. Transportation More details of Didi’s… Continue reading Asia tech news roundup – Jan 8

PROTON SALES NUMBER STABILISED IN 2017

PRESS PROTON SALES NUMBER STABILISED IN 2017 Posted on Jan 08, 2018 Subang Jaya, 7 January 2018 – PROTON managed to stabilise its sales numbers for 2017 with an overall sales of 70,991 units of cars in 2017, compared to the 72,291 units sold in the previous year. Retail sales increased 2.5% to 68,184 units… Continue reading PROTON SALES NUMBER STABILISED IN 2017

LeEco repays part of China Merchant Bank debt

LeEco has repaid part of this debt after selling shares in its smartphone affiliate Coolpad Group SHANGHAI: LeEco has repaid HK$807 million ($103.20 million) of a debt owed to China Merchants Bank and will seek to negotiate with the creditor to secure the release of some of its frozen assets, the wife of the embattled… Continue reading LeEco repays part of China Merchant Bank debt

Volkswagen and NVIDIA to Infuse AI into Future Vehicle Lineup

CES—Volkswagen and NVIDIA today shared their vision for how AI and deep learning will shape the development of a new generation of intelligent Volkswagen vehicles using the NVIDIA DRIVE™ IX platform to create new cockpit experiences and improve safety. At the kickoff of CES 2018, Volkswagen CEO Herbert Diess and NVIDIA founder and CEO Jensen… Continue reading Volkswagen and NVIDIA to Infuse AI into Future Vehicle Lineup