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 F-Series Marks Best February Results in 18 Years While All-New Ford Expedition Posts 41 Percent Retail Sales Increase; Lincoln Navigator Posts Gains In All Regions
Tag: People
Chehaoduo, Formerly Guazi, Raises $818M Series C Round Led By Tencent
Chehaoduo, a Chinese auto retail services platform formerly known as Guazi, has raised US$818 million series C round of financing led by Tencent Holdings Ltd. New investors including ICBC International, Yunfeng Capital, FountainVest Partners, GIC, IDG Capital and Taihe Capital also participated in the latest round. Existing investors Sequoia Capital China, H Capital, DST Global,… Continue reading Chehaoduo, Formerly Guazi, Raises $818M Series C Round Led By Tencent
Group restructuring: PSA boss Carlos Tavares prepares Opel for tough decisions
PSA boss Carlos Tavares “We do not dictate, we do not give guidance, I just ask questions – sometimes meaningful, sometimes stupid.” (Photo: Reuters) ParisCarlos Tavares is known as a tough guy. On Thursday at the annual press conference, the head of the auto company PSA (Peugeot, Citroën, Opel) gave even more unforgiving: “We must… Continue reading Group restructuring: PSA boss Carlos Tavares prepares Opel for tough decisions
Dyson electric car project to recruit 300 new engineers
Dyson wants to grow its EV programme workforce by 300 people in a bid to ramp up the pace of development before its first car reaches the market in 2019. The British brand, a leader in vacuum cleaners and hand dryers, already has 400 employees focused on the project, but is now “looking to fill an… Continue reading Dyson electric car project to recruit 300 new engineers
Excessive investment: Bosch does not build its own battery cells
Bosch will continue to build battery cells for electric cars in the future. (Image: Bosch) Bosch Despite the commitment in the electromobility decided against its own battery cell production. The company also wants to drive back or sell the research for better rechargeable battery cells. The automotive supplier Bosch does not want to build its… Continue reading Excessive investment: Bosch does not build its own battery cells
‘The IC engine will continue to be a major part of our business.’
by Sumantra B Barooah Mar 01, 2018 Arvind Balaji, joint managing director, Lucas TVS, spoke to Autocar Professional’s Sumantra B Barooah on the sidelines of the Auto Expo – Components Show 2018 last month. Are you are taking new steps to prepare your company to tap the new megatrends and where do you see the… Continue reading ‘The IC engine will continue to be a major part of our business.’
Daimler Mobility Services purchases Europcar Group’s 25% stake in car2go Europe GmbH
Daimler Mobility Services to hold 100% of car2go Europe after approval by the relevant authorities Daimler is poised to further expand its mobility portfolio car2go Group has more than 3 million users worldwide Stuttgart. Daimler Mobility Services announced today that it will acquire the 25 percent stake in car2go Europe GmbH from joint venture partner… Continue reading Daimler Mobility Services purchases Europcar Group’s 25% stake in car2go Europe GmbH
UK car industry must be at the heart of Brexit negotiations, say MPs
Automotive industry Investment and thousands of jobs could be lost in booming automotive sector, committee warns The BEIS parliamentary committee warns that car manufacturing in the UK could face frosty investment conditions after Brexit. Photograph: Ian Horrocks/Getty Images The UK government must put the car industry at the heart of Brexit negotiations or risk the… Continue reading UK car industry must be at the heart of Brexit negotiations, say MPs
Panasonic and Scrum Ventures Announce a Joint Venture to Foster Innovation
Tokyo, Japan. – MARCH 1, 2018 // Panasonic Corporation today announced that it is forming BeeEdge, a joint venture with Scrum Ventures, a San Francisco based early-stage venture capital firm. Aimed at enabling a new generation of products, BeeEdge will identify technologies within Panasonic that are not fully utilized and create independent startups to commercially… Continue reading Panasonic and Scrum Ventures Announce a Joint Venture to Foster Innovation
Organizational and Personnel Changes
2018/03/01 Company Information Mazda Motor Corporation has announced the following organizational and personnel changes, effective March 1, 2018. 1. Organizational Changes Changes in the area of integrated control systems development Aim As electronic systems become increasingly complex, create an organizational framework for the collective development of technologies based on a consistent strategy and equip it… Continue reading Organizational and Personnel Changes