The 2018 Ford Expedition SUV goes through the assembly line at the Ford Kentucky Truck Plant October 27, 2017 in Louisville, Kentucky. (Photo: Bill Pugliano / Getty Images) Dearborn — Ford Motor Co. will give more than 54,000 United Auto Workers hourly employees profit-sharing checks of about $7,500 this year, the company said Wednesday. The… Continue reading Ford to award profit-sharing checks of $7,500
Tag: People
When d’Ieteren becomes car sharing provider
The Belgian importer has just validated its carsharing service program, after a conclusive pilot. In Antwerp, D’Ieteren and Vulog have equipped a fleet of 350 vehicles available to subscribers. D’Ieteren is now also an actor in carsharing. A few days ago, the group officially announced the launch of its new service, Poppy, in the streets… Continue reading When d’Ieteren becomes car sharing provider
Here acquires Micello to add indoor mapping as part of its IoT business unit
Here Technologies, the mapping company valued at around $3 billion that counts a consortium of car makers, Intel and others among its shareholder/owners, today announced a move that underscores its intention to focus on more than just the outdoor navigation business. The company has acquired Micello, a startup that offers a database of indoor maps… Continue reading Here acquires Micello to add indoor mapping as part of its IoT business unit
Ford Motor Company Reports Fourth Quarter and Full Year 2017 Results; Revenue Up, Net Income Higher, Adjusted Pre-Tax Profit Lower
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 Reports Fourth Quarter and Full Year 2017 Results; Revenue Up, Net Income Higher, Adjusted Pre-Tax Profit Lower
PSA communicates to the unions that paralyzes the project of the new Opel Corsa in Figueruelas
Published 1/24/2018 2:44:21 PM ZARAGOZA / MADRID, 24 Jan. (EUROPA PRESS) – The PSA Group, through the management of Opel Spain, has informed the representatives of the workers of its plant in Figueruelas (Zaragoza) that it has decided to halt the project of the new Corsa in this center and is looking for a new… Continue reading PSA communicates to the unions that paralyzes the project of the new Opel Corsa in Figueruelas
Nexar gets $30M Series B for its AI-based road safety dashcams and network
Nexar, a startup that makes an AI-based dashcam app to monitor road safety, announced today that it has raised a $30 million Series B led by Ibex Ventures. Participants included Alibaba Innovation Ventures (the venture capital investment arm of Alibaba Group), Nationwide Insurance and returning investors Aleph, Mosaic Ventures, Slow Ventures, True Ventures and Tusk… Continue reading Nexar gets $30M Series B for its AI-based road safety dashcams and network
Indonesia’s BeliMobilGue raises $3.7M to let consumers sell their cars quickly and easily
A new startup in Indonesia wants to car owners in Southeast Asia’s country sell their vehicle with more security and reliability. BeliMobilGue — meaning ‘Buy My Car’ — was quietly started last year as a joint venture from Berlin-based Frontier Car Group and Intudo Ventures. It acts as a middleman between Indonesia’s car dealers and consumers… Continue reading Indonesia’s BeliMobilGue raises $3.7M to let consumers sell their cars quickly and easily
ContiTech Invests €20 Million in Hungarian Nyíregyháza Location
New production facilities to meet rising demand Capacity expansion and technology development subsidized by the Hungarian Government Up to 300 new workplaces are expected in the future Nyíregyháza, January 23, 2018. ContiTech is building on its commitment to Hungary. Over the past one and a half years, the industrial supplier – part of German technology… Continue reading ContiTech Invests €20 Million in Hungarian Nyíregyháza Location
Berlin’s Blacklane raises $40-45M for its high-end transport on demand service
Transportation-on-demand startups betting on growth by homing in on specific market segments continue to play strong with both investors and customers looking for alternatives to traditional taxis and Uber. Today, Blacklane, a Berlin-based business that offers limousines and other high-end cars for airport and other medium-length journeys, is announcing that it has raised a significant… Continue reading Berlin’s Blacklane raises $40-45M for its high-end transport on demand service
Opel: temporary workers should be replaced by workers from Poland
Opelwerk in Russelsheim The French auto company PSA had already announced last November, a recovery plan for the acquired carmaker Opel. (Photo: Reuters) The carmaker Opel replaces an unknown number of temporary workers at its Rüsselsheim headquarters by regular employees from the Polish site in Gliwice. The plant there is currently only weakly utilized, so… Continue reading Opel: temporary workers should be replaced by workers from Poland