Volkswagen Annual General Meeting: VW Board meets shareholders – “it was not all wrong”

All articles and backgrounds 05/03/2018 Volkswagen general meeting VW board meets shareholders – “it was not all wrong” AFP New VW CEO Herbert Diess (right), chairman of the supervisory board Hans Dieter Pötsch: critical questions from shareholders Brief and concise represent the situation, a few friendly demands, quick relief for the Board and Supervisory Board… Continue reading Volkswagen Annual General Meeting: VW Board meets shareholders – “it was not all wrong”

Tesla stock goes through twists and turns as analysts focus on Model 3 car outlook

Tesla CEO Elon Musk presides over the handover of the first Model 3 cars in August 2017. (Tesla via YouTube) Tesla’s share price took a weird turn today after the company reported its first-quarter financial results and billionaire CEO Elon Musk dissed analysts’ concerns about the Tesla Model 3 mass-market electric car. The raw numbers… Continue reading Tesla stock goes through twists and turns as analysts focus on Model 3 car outlook

Elon Musk offers more detail about Tesla’s ridesharing network

On Tesla’s Q1 2018 earnings call today, Tesla CEO Elon Musk shed some light on the company’s ambitions to launch an autonomous vehicle ridesharing network. The short answer is that, from a technical standpoint, Tesla will be ready by the end of next year, Musk said. It’s not yet clear, however, when Tesla would actually… Continue reading Elon Musk offers more detail about Tesla’s ridesharing network

Automation, the real challenge of Tesla and its Model 3

It was one of (too many?) Many Elon Musk’s dreams: a factory without humans. While the attention of the fans and especially financial markets is turned on Tesla, which must reveal this Wednesday, May 2 after the closure of the New York Stock Exchange (around 22 hours in Paris) its results in the first quarter… Continue reading Automation, the real challenge of Tesla and its Model 3

Rents impacted by new transit options, new study details

Few things can guarantee a premium price for new housing like transit access. Demand so far outstrips supply in the United States, that the relative handful of walkable, transit-rich neighborhoods often become the most expensive places to live in their respective cities. A study by the National Association of Realtors and the American Public Transit… Continue reading Rents impacted by new transit options, new study details

GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing

GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing 2018-05-02 GO Motor Retailing Limited (GMRL), trading as GO Vauxhall, has acquired 4 additional Vauxhall sites from NOW Motor Retailing in Kingston, Heathrow, Hayes and Staples Corner. The sites will transition into the existing GO Vauxhall London portfolio and will grow… Continue reading GO Motor Retailing Limited acquires 4 Vauxhall sites in London from NOW Motor Retailing

Lyft commits $1.5 million to help people who lack access to transportation

Lyft is committing $1.5 million to its Relief Rides program. The idea has historically been to better support people during times of crisis, such as natural disasters or other emergency situations. Now, Lyft is expanding its reach to help people who many need rides to job interviews or medical appointments. One of the partners Lyft… Continue reading Lyft commits $1.5 million to help people who lack access to transportation

Car manufacturer: Opel works council stops churn of employees

Opel Employees are currently being prevented from leaving the company. (Photo: AP) At the car manufacturer Opel emigration workers are currently prevented from leaving the company. The works council has as announced Some 70 termination agreements were not approved, which should take effect on 1 May. The people are with it for the time being… Continue reading Car manufacturer: Opel works council stops churn of employees

Carmakers’ April sales rise 7.5 pct on demand recovery

By Choi Kyong-ae SEOUL, May 2 (Yonhap) — The combined sales of South Korea’s five carmakers rose 7.5 percent last month from a year earlier due to recovering demand and popularity of new models, corporate data showed Wednesday. The five automakers — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp.… Continue reading Carmakers’ April sales rise 7.5 pct on demand recovery

Aptiv Launches Fleet of Autonomous Vehicles on the Lyft Network

LAS VEGAS, May 2, 2018 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology leader in mobility, announced the launch of a fleet of 30 autonomous vehicles in Las Vegas on the Lyft network. A product of Aptiv’s Mobility and Services group, these vehicles will operate on Aptiv’s fully-integrated autonomous driving platform and be made available… Continue reading Aptiv Launches Fleet of Autonomous Vehicles on the Lyft Network