“This transition is really a natural byproduct of the tremendous market success that Motiv has experienced, and the future growth plans we are putting in place,” said O’Leary. “The number of recent key partner and supplier agreements Motiv has secured over the past year, including sales to USPS and a strategic partnership with Winnebago, as… Continue reading Motiv Power Systems Welcomes Ford Industry Veteran, Matt O’Leary, as New CEO
Tag: Ford
VW’s Audi to cut 10 percent of management positions: CEO
Audi aims to reduce the number of engine types by one third. FRANKFURT: Volkswagen‘s premium auto brand Audi plans to eliminate one layer of management or about 10 percent of the division’s executive positions in a cost cutting drive, the unit’s chief executive told daily Handelsblatt. “One thing is clear, our cost base is too… Continue reading VW’s Audi to cut 10 percent of management positions: CEO
Munich-based digital car subscription startup Cluno raises €25 million in Series B funding
Based in Munich, Cluno is a digital car subscription service that provides drivers with an alternative to buying their own car, and allows the entire process of booking a car to be carried out via an app.
Founded in 2017, Cluno has already raised €32 million in less than one year, and has just raised a Series B round of €25 million, which it will use to accelerate its expansion and enhance its technology. The latest round was led by Valar Ventures, along with existing investors Acton Capital Partners and Atlantic Labs.
Cluno launched its app for iOS on October 31st, 2018, and its Android app just launched in early 2019.
Cluno’s subscription model for car ownership lets consumers drive their own car without buying it. In just three minutes, users can digitally book a car in the app for an all-inclusive, monthly subscription fee and get it delivered to their desired location. In contrast to purchasing, financing or leasing a car, there is no long-term commitment – the minimum contract..
Ford Exits Heavy Truck Business in South America; Key Milestone in Global Redesign of Company
Confirms exit from heavy commercial truck business as a key step toward returning its South America operations to sustainable profitability Ford remains committed to South America with a lean and agile business model, strengthened product offerings, and global partnerships Ford expects to record pre-tax special item charges of about $460 million as a result of… Continue reading Ford Exits Heavy Truck Business in South America; Key Milestone in Global Redesign of Company
Ford Motor Company Issues Safety Compliance Recall on Select 2019 Fusion Energi Vehicles
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 Issues Safety Compliance Recall on Select 2019 Fusion Energi Vehicles
UPDATE 4-Ford to close oldest Brazil plant, exit South America truck biz
SAO PAULO/DETROIT (Reuters) – Ford Motor Co said on Tuesday it will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a move that could cost more than 2,700 jobs as part of a restructuring meant to end losses around the world. FILE PHOTO: New Ford trucks are… Continue reading UPDATE 4-Ford to close oldest Brazil plant, exit South America truck biz
Volkswagen officials expected in Dearborn for Ford talks
Original Article
Porsche Taycan testing, Ford electric SUV: Today’s Car News
Porsche Taycan prototype
New spy shots reveal quite a bit about the new Porsche Taycan. And on an abbreviated holiday schedule today, we run down what we know about Ford's upcoming 300-mile SUV. All this and more on Green Car Reports.
Spy photographers caught a Porsche Taycan undergoing winter testing with a bare minimum of camouflage—beyond some dummy tailpipes on the rear bumper. The shots show a tidier more lithe car than it has appeared before and give a good view of the Taycan's sophisticated charge ports.
We take a look at everything we know so far about Ford's upcoming Mustang-inspired 300-mile SUV that is expected to debut by the end of the year. Ford executives say it will “emotional,” and bring electric performance to the masses.
Chevrolet's ballyhooed eCOPO Camaro electric drag race car achieved its goal of breaking into the 9-second bracket in an exhibition run at Pomona dragway earlier this month.
Finally, don't dig your phone out of your pocket while driving in Virginia. The state passed a law to ban all handheld phone use while driving.
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Ford Names New Leader of Global Government Relations
DEARBORN, Mich., Feb 18, 2019 – Ford Motor Company today is announcing the appointment of Mitch Bainwol as Chief Government Relations Officer, effective March 1. He also is elected a company officer. In this role, Bainwol, 59, leads a global team that helps shape policy and legislation to promote the company’s business objectives, including areas of… Continue reading Ford Names New Leader of Global Government Relations
Ford’s New Take on Getting Parcels to Your Door Could Help Speed Deliveries, Ease Congestion and Improve Air Quality
Ford partners with delivery company Gnewt by Menzies Distribution (Gnewt) to trial new digital parcel courier service designed to help reduce congestion and offer faster deliveries Ford’s new cloud-based software identifies optimum places for van drivers to pull over near multiple drop-off points; pedestrian and, one day, cycle couriers perform last leg of delivery Gnewt… Continue reading Ford’s New Take on Getting Parcels to Your Door Could Help Speed Deliveries, Ease Congestion and Improve Air Quality