Tag: People

BMW raises prices in China because of US tariffs

Monday, 09/07/2018 15:15 clock German SUVs are becoming more expensive for Chinese customers. BMW wants to raise its prices in China because of the increased toll on US cars. Currently, the company is still calculating the “necessary price increases” in this context. At the moment, however, it still remains at the current list prices for… Continue reading BMW raises prices in China because of US tariffs

Adient Declares Quarterly Dividend

PLYMOUTH, Mich., June 5, 2018 /PRNewswire/ — The board of directors of Adient plc (NYSE: ADNT), a global leader in automotive seating, today announced that its Board of Directors declared a quarterly cash dividend of $0.275 per ordinary share, payable on August 15, 2018 to shareholders of record at the close of business on July 18,… Continue reading Adient Declares Quarterly Dividend

Uber and Lyft may be vying to acquire bus startup

This story was delivered to Business Insider Intelligence Transportation & Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. Uber and Lyft are reportedly interested in acquiring Skedaddle, the crowdsourced bus startup, according to TechCrunch. Skedaddle, which was founded in 2015, enables individuals to charter… Continue reading Uber and Lyft may be vying to acquire bus startup

BMW agrees $4.7 billion contract with China’s CATL for battery cells

MUNICH (Reuters) – BMW plans to source 4 billion euros’ ($4.7 billion) worth of battery cells from Chinese battery maker Contemporary Amperex Technology Ltd (300750.SZ) (CATL) over the next few years, the carmaker’s purchasing head said on Monday. FILE PHOTO: The BMW logo is seen on a vehicle at the New York Auto Show in… Continue reading BMW agrees $4.7 billion contract with China’s CATL for battery cells

Cox invests in ride-sharing car platform

COX Automotive, the world’s leading automotive services company, has extended its already broad footprint across the motor industry with an investment in a ride-sharing platform. The move gives the privately-owned company a foot in the door of the next generation of growth in motoring services. Ridecell Inc, which claims to be the platform of choice… Continue reading Cox invests in ride-sharing car platform

UPDATE 1-California agency opens third probe into Tesla’s Fremont factory

(Reuters) – A California agency for occupational safety said on Thursday it opened a third investigation at Tesla Inc’s factory in Fremont, California, following a complaint. FILE PHOTO: The Tesla logo is seen at the entrance to Tesla Motors’ new showroom in Manhattan’s Meatpacking District in New York City, U.S., December 14, 2017. REUTERS/Brendan McDermid/File… Continue reading UPDATE 1-California agency opens third probe into Tesla’s Fremont factory

Plant quality controller: the digitalization of a profession

Friday 06 July 2018 by Rachida Badri – Innovation Rachida Badri Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest While the customer is central to the connected and competitive plant of the future, the everyday lives of employees are being simplified by digital technology. More and more operators and managers are… Continue reading Plant quality controller: the digitalization of a profession

UPDATE 3-VW loses bid to block investigators examining legal files

KARLSRUHE, Germany (Reuters) – Volkswagen (VOWG_p.DE) has lost a legal challenge to prevent prosecutors from examining unpublished documents about its emission scandal, with Germany’s top court ruling on Friday that files seized from a U.S. law firm may be reviewed. FILE PHOTO: The logo of Volkswagen is seen at their plant in Wolfsburg, Germany, April… Continue reading UPDATE 3-VW loses bid to block investigators examining legal files

Airbus: Ministers have ‘no clue’ on Brexit

The chief executive of planemaker Airbus has accused the government of having no idea how to take the UK out of the EU without damaging the country. Tom Enders said it “still has no clue, or at least no consensus, on how to execute Brexit without severe harm”. He was speaking as ministers prepare to… Continue reading Airbus: Ministers have ‘no clue’ on Brexit