SOUTHFIELD, Mich., June 13, 2019 /PRNewswire/ — DENSO, the world’s second largest mobility supplier, today announced the recipients of its annual North America Supplier of the Year Awards. Each of the 13 recipients demonstrated exceptional contributions to the quality, service, innovation and value DENSO was able to provide its customers throughout its 2018 fiscal year. The… Continue reading DENSO Announces Recipients of the 2018 North America Supplier of the Year Awards
Tag: People
Aston Martin faces pay revolt after £4bn float stumbles
By Mark Kleinman, City editor The owner of Aston Martin is facing the embarrassing prospect of a revolt over boardroom pay within months of its £4.3bn flotation amid growing City unrest over the luxury car-maker’s performance. Sky News can reveal that several investors in Aston Martin Lagonda Global Holdings plan to vote against the company’s… Continue reading Aston Martin faces pay revolt after £4bn float stumbles
The dealers will lose more than 3,000 jobs in 2019
The president of Faconauto asks the government to put an end to the “imbalance” between manufacturers and sellers. Spanish car dealers will lose more than 3,000 jobs due to the drop in sales in almost 100,000 registrations in 2019, according to the president of the Federation of Associations of Automotive Dealers (Faconauto), Gerardo Pérez. The… Continue reading The dealers will lose more than 3,000 jobs in 2019
France’s Le Maire to meet Renault chairman, says Nissan alliance priority
France’s Finance Minister Bruno Le Maire answers a question during a news conference of the G20 finance ministers and central bank governors meeting in Fukuoka, Japan June 9, 2019. Toshifumi Kitamura/Pool via REUTERS PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Thursday a Fiat Chrysler-Renault merger remained an “interesting opportunity” but added… Continue reading France’s Le Maire to meet Renault chairman, says Nissan alliance priority
In brief: Grab had discussions to acquire local payments startup 2C2P, people say
2C2P ultimately declined the offers from Grab and other bidding parties. Go to Source
Grab said to have discussed buying Asia payments startup 2C2P
Singapore ride-hailing giant Grab held talks to acquire payments provider 2C2P Pte and was turned down, according to people familiar with the matter, a sign of the ambitions Southeast Asia’s most valuable startup has in financial services. Grab was one of multiple possible bidders interested in 2C2P with preliminary offers ranging up to about $200… Continue reading Grab said to have discussed buying Asia payments startup 2C2P
Hellobike sets up $145m e-bike battery JV with Ant Financial, CATL
Chinese bike sharing company Hellobike has joined forces with Ant Financial and CATL to invest 1 billion yuan ($144.5 million) to establish an e-bike battery joint venture, media reports cited a joint announcement. The holding percentage of each party in the joint venture was not disclosed. Hellobike’s existing platform already exchanges 500,000 rechargeable batteries for… Continue reading Hellobike sets up $145m e-bike battery JV with Ant Financial, CATL
Hyundai and Kia Announce Investment in Aurora
News
All
SUBSCRIBE TO RSS FEED
XML
Investment expected to strengthen existing partnershipCompanies to collaborate on autonomous vehicle platforms and services powered by the Aurora Driver Hyundai Motor Group (the Group) and Aurora Innovation Inc. today announced that Hyundai Motor Company and Kia Motors Corporation have invested in Aurora to accelerate development of autonomous vehicle technologies. The move will strengthen the strategic partnership formed between the companies in 2018, under which Hyundai, Kia, and Aurora have been collaborating on self-driving technologies on Hyundai’s flagship fuel cell vehicle NEXO. With the new investment, the companies have agreed to expand research to a wide range of models and to build an optimal platform for Hyundai and Kia’s autonomous vehicles. “Aurora is the leading innovator of self-driving technology and we look forward to building a stronger collaborative partnership with them,” said Youngcho Chi, President and Chief Innovation O..
Hyundai takes minority stake in self-driving car startup Aurora
Hyundai Motor Group has invested in Aurora, the latest sign that the scope of the year-old partnership between the automaker and self-driving car startup has expanded. Aurora and Hyundai didn’t disclose terms of the investment. However, picking part new details of its Series B funding round and speaking to sources within the industry, Hyundai’s investment… Continue reading Hyundai takes minority stake in self-driving car startup Aurora
Are Toyota’s Latest EV Moves For Real?
We’d love to believe Toyota is being sincere In a comprehensive post by InsideEVs own Mark Kane, we reported last week that Toyota announced that they were pushing up their electification plans by 5 years, and now expect to have “electrified’ versions of all of their offerings by 2025. Toyota EV news That news followed a… Continue reading Are Toyota’s Latest EV Moves For Real?