All articles and backgrounds 02/22/2018 Driving bans on diesel cars How environmental aid wants to help diesel drivers with their lawsuit The Federal Administrative Court will decide on Thursday on driving bans for diesel cars in German cities. The judges in Leipzig examine in the final instance whether such prohibitions may be imposed in the… Continue reading Driving bans on diesel cars: the four options of the Federal Administrative Court
Tag: People
On-Demand with Pooling | Moovel pilot project in Karlsruhe
On the occasion of the IT-Trans fair Moovel offers together with the Karlsruher Verkehrsverbund an on-demand pooling service. Over three days, you can use the transport service for free, which is part of the IT trans Karlsruhe which is also a test field for autonomous driving. The car service is organized by the Mercedes Benz… Continue reading On-Demand with Pooling | Moovel pilot project in Karlsruhe
Watch Airbus’ drone taxi take to the skies for the first time
Vahana/Airbus Back in late January, Airbus’ Vahana team successfully flew their autonomous air taxi for the first time. Now, you can finally watch how the drone stayed in the air on its own in the video below the fold. It shows the aircraft hovering around 16 feet above the ground for a few seconds —… Continue reading Watch Airbus’ drone taxi take to the skies for the first time
Visteon Reports Strong 2017 Financial Results
View the full-year 2017 financial summary infographic Visteon Announces Strong 2017 Results Delivered strong financial performance Sales of $3,146 million ($797 million in fourth quarter) Net income of $176 million ($25 million in fourth quarter) Adjusted EBITDA of $370 million ($102 million in fourth quarter) Adjusted free cash flow of $148 million ($58 million in… Continue reading Visteon Reports Strong 2017 Financial Results
India Dealbook: Grab, The Healthy Billion, HighRadius Corp raise funds
February 22, 2018 Hyperlocal delivery startup Grab, healthtech firm The Healthy Billion and technology company HighRadius have received funding. Hyperlocal delivery startup Grab gets raises $1.3m Hyperlocal delivery startup Grab has received $1.3 million investment from Maharashtra State Social Venture Fund, managed by SIDBI Venture Capital according to a report by to a paper.vc. As per the… Continue reading India Dealbook: Grab, The Healthy Billion, HighRadius Corp raise funds
Kia Motors India to begin production by mid-2019
Construction of the new plant in Anantapur district of Andhra Pradesh began in mid-2017 with an investment of about $1.1 billion (around Rs 7,050 crore). Kia Motors India is going all out with its India operations. The carmaker has laid down the structural framework for its new manufacturing facility in the Anantapur district of Andhra Pradesh. The… Continue reading Kia Motors India to begin production by mid-2019
Court decision on driving bans for diesel cars: Environmental Aid wants to help with lawsuit diesel drivers ++ FDP fears “expropriation”
All articles and backgrounds 02/22/2018 Court decision on driving bans for diesel cars Environmental aid wants to help with lawsuit Diesel drivers ++ FDP fears “expropriation” The Federal Administrative Court will decide on Thursday on driving bans for diesel cars in German cities. The judges in Leipzig examine in the final instance whether such prohibitions… Continue reading Court decision on driving bans for diesel cars: Environmental Aid wants to help with lawsuit diesel drivers ++ FDP fears “expropriation”
Continental plans new Hungarian plant in Debrecen
Greenfield investment starts in third quarter 2018, production planned from third quarter 2020 Expansion of production footprint for the growing demand for automotive electronics Sensors and transmission control units will be produced in Debrecen 450 new jobs and investment in total of €100 million Debrecen (Hungary), 22. February 2018. The technology company Continental announced the… Continue reading Continental plans new Hungarian plant in Debrecen
Bye Bye BMW 3 Series: After 35 years, the BMW 3 Series Sedan rolls off the production line at BMW Group Plant Rosslyn for the last time
Rosslyn, South Africa. After 35 years, the last BMW 3 Series Sedan rolled off the production line today at BMW Group Plant Rosslyn in Pretoria. The plant has produced a total of 1,191,604 units and five generations of the BMW 3 Series. One in four BMW 3 Series Sedans of the current generation come from… Continue reading Bye Bye BMW 3 Series: After 35 years, the BMW 3 Series Sedan rolls off the production line at BMW Group Plant Rosslyn for the last time
India: Tata said to be mulling sale of auto components unit
February 22, 2018 Tata group is planning to sell its automotive parts manufacturing company Tata AutoComp Systems Ltd (TACO), two people aware of the matter said. The group is currently in talks to hire an investment bank to manage the sale, the first of the two said on condition of anonymity. The sale process is… Continue reading India: Tata said to be mulling sale of auto components unit