Ford’s China struggle continues as May vehicle sales slump 29 percent

BEIJING (Reuters) – Ford Motor Co’s (F.N) struggle to boost sales in China showed no sign of ending soon with volumes for May sliding 29 percent despite steps being taken by the U.S. automaker like appointing a new sales leader and readying launches of new products. FILE PHOTO: Visitors look at Ford models at Auto… Continue reading Ford’s China struggle continues as May vehicle sales slump 29 percent

Ford’s May China vehicle sales -29 pct y/y

BEIJING, June 15 (Reuters) – Ford Motor Co’s sales in China fell 29 percent in May from a year earlier to 61,744 vehicles, the company said on Friday, as the U.S. automaker continued to grapple with the sales doldrums, caused in part by a dearth of competitive fresh product. That took sales volumes for the… Continue reading Ford’s May China vehicle sales -29 pct y/y

Ford Continues to Reposition Business in China May Sales Decline

About Ford Motor Company Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 166,000 employees and about 70 plants worldwide, the company’s automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford’s… Continue reading Ford Continues to Reposition Business in China May Sales Decline

Press Releases – Broad road safety coalition commits to work towards zero traffic fatalities

The Hague, 15 June 2018 – Major players in the European mobility sector signed a road safety pledge to contribute to achieving zero traffic fatalities by 2050. The coalition includes the European Automobile Manufacturers’ Association (ACEA), European Association of Automotive Suppliers (CLEPA), the association of national motoring organisations (FIA Region I), with strong support from… Continue reading Press Releases – Broad road safety coalition commits to work towards zero traffic fatalities

HUBJECT OFFICIALLY KICKS OFF U.S. OPERATIONS

The Most Widely Adopted Electric Vehicle Interoperability Platform Opens Santa Monica Headquarters and Expands Its Executive Team LOS ANGELES, CALIF. – June 14, 2018 – Hubject, the globally-recognized leader in electric vehicle (EV) interoperability, officially launched its U.S. operations from the company’s new U.S. headquarters in Santa Monica, Calif. Founded in 2012 to enable seamless… Continue reading HUBJECT OFFICIALLY KICKS OFF U.S. OPERATIONS

In auto talent war, GM hires 9,000, spends $1 billion on offices

General Motors Executive Vice President of Global Product Development, Global Purchasing and Supply Chain Mark Reuss. (Photo: Steve Fecht for General Motors) Oct. 2, 2017, is historic inside General Motors human resources. That’s the day when product development boss Mark Reuss told a group of reporters at GM’s Design Dome in Warren that the automaker would introduce 20 new electrified vehicles… Continue reading In auto talent war, GM hires 9,000, spends $1 billion on offices

‘Holy smokes’! OIG report on FBI’s Hillary investigation HAMMERS Comey (and look at this Strzok/Page text)

Bloomberg News has obtained the DOJ’s Office of the Inspector General’s conclusions following their probe of the James Comey-led FBI’s handling of the Hillary Clinton email investigation. BREAKING: IG REPORT https://t.co/XDpM9bSPfV — Steven Dennis (@StevenTDennis) June 14, 2018 The report zings Comey for breaking with department norms in the Hillary Clinton case, it did NOT… Continue reading ‘Holy smokes’! OIG report on FBI’s Hillary investigation HAMMERS Comey (and look at this Strzok/Page text)

Volvo Cars Tech Fund invests in automotive sensor company Luminar

Volvo Cars Tech Fund invests in automotive sensor company Luminar   Volvo Cars, the premium car maker, has completed the first strategic investment via its newly-founded investment fund by taking a stake in Luminar, a leading start-up in the development of advanced sensor technology for use in autonomous vehicles.   The investment in Luminar, based… Continue reading Volvo Cars Tech Fund invests in automotive sensor company Luminar

Analysis: Ford India MD’s four-pronged growth strategy for suppliers

Ford India’s vision of becoming the most trusted automotive and mobility solutions company has a four-pronged growth strategy. Here’s how Anurag Mehrotra, president and MD, Ford India, underlines the importance of suppliers. Excerpts from his speech at the ACMA Value Chain Summit held last month in Gandhinagar, Gujarat.  Strong brand: Quality is among the top three reasons… Continue reading Analysis: Ford India MD’s four-pronged growth strategy for suppliers

News Release – Magna and May Mobility Partner to Build, Deploy and Scale Self-Driving Shuttles

Please click HERE for a PDF version of the release. Collaboration in Southeastern Michigan to Make First Deployment in Downtown Detroit Possible ANN ARBOR, Mich., June 13, 2018 — Getting around in crowded city streets of America is about to get a little easier.  May Mobility, an Ann Arbor, Michigan startup building self-driving shuttles, has… Continue reading News Release – Magna and May Mobility Partner to Build, Deploy and Scale Self-Driving Shuttles