DEARBORN, Michigan, Aug. 22, 2019 – Ford Motor Company today announced that Steven Armstrong, who is currently chairman, Ford of Europe, has been named president of the Changan Ford joint venture in China. Armstrong succeeds Nigel Harris, who has elected to retire from Ford at the end of 2019, after 34 years of distinguished service… Continue reading Ford Announces Leadership Changes; Steven Armstrong to Succeed Nigel Harris as President, Changan Ford China JV
Tag: People
Russia’s Mail.ru buys controlling stake in car sharing company YouDrive
The logo of Mail.ru Group Ltd. sits on display in the company’s offices in Moscow, Russia, on Monday, June 17, 2013. Photographer: Andrey Rudakov/Bloomberg Russian internet firm Mail.ru Group has bought a controlling stake in car sharing operator YouDrive jointly with investment company Proxima Capital, Mail.ru said in a statement on Thursday. Mail.ru did not disclose the size of the stake or the cost… Continue reading Russia’s Mail.ru buys controlling stake in car sharing company YouDrive
Vietnamese conglomerate Vingroup applies for licence to launch airline ops
Vingroup JSC has applied for a licence to launch an airline next year as Vietnam’s largest conglomerate plans to expand its footprint in one of the fastest growing aviation markets, local media reported on Thursday. The group’s newly created unit, Vinpearl Air, has submitted the application with the Department of Planning and Investment of Hanoi,… Continue reading Vietnamese conglomerate Vingroup applies for licence to launch airline ops
Daimler delivers its first electric Freightliner eCascadia to US customers
Stuttgart / Los Angeles – Daimler Trucks is further expanding its field tests for medium and heavy-duty e-trucks in North America: This week, American customers Penske Truck Leasing and NFI Industries have acquired the first heavy-duty Freightliner eCascadia trucks (class 8) with a range of up to 250 miles (400 km). Since the end of 2018, both carriers have… Continue reading Daimler delivers its first electric Freightliner eCascadia to US customers
Continental Invests in Production Systems for Agricultural Industry at Hanover Site
Technology company expands power transmission belt production and invests more than 2.5 million euros in agriculture sector, a key business for the future New production line raises production output and boosts competitiveness Test rig developed in-house tests load capacity, robustness and quality of variable-speed belts Hanover, August 22, 2019. Technology company Continental is expanding its… Continue reading Continental Invests in Production Systems for Agricultural Industry at Hanover Site
Tesla’s head of Autopilot software leaves in restructuring
Tesla’s head of Autopilot software, Stuart Bowers, has left the automaker to work for the venture capital firm Greylock after a restructuring of the Autopilot team. Over the last few months, there have been several reports about a restructuring of Tesla’s Autopilot team. In May, we reported that Tesla was restructuring its Autopilot software team… Continue reading Tesla’s head of Autopilot software leaves in restructuring
Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China – sources
SHANGHAI (Reuters) – German auto maker Daimler AG (DAIGn.DE) plans to build Mercedes Benz-branded heavy trucks in China by revamping truck plants owned by its local joint venture, according to a document seen by Reuters and two sources familiar with the matter. FILE PHOTO: Visitors surround an Actros truck of German truck maker Mercedes-Benz at… Continue reading Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China – sources
UPDATE 2-Trump attacks Ford Motor for not backing fuel economy rollback
WASHINGTON (Reuters) – U.S. President Donald Trump stepped up a series of attacks on automakers on Wednesday for not backing his administration’s plan to roll back Obama-era fuel efficiency rules, singling out Ford Motor Co (F.N) in particular for backing a deal with California for stricter fuel economy standards. FILE PHOTO: U.S. President Donald Trump… Continue reading UPDATE 2-Trump attacks Ford Motor for not backing fuel economy rollback
The life of an eSports pro: Mercedes-Benz provides insight into training routine of SK Gaming as part of gamescom
gamescom is currently taking place in Cologne until 24 August. This year, the world’s largest trade fair for computer and video games is once again attracting visitors to the exhibition grounds in the cathedral city. Manufacturers from around the world showcase their companies and products, amongst them also ESL and Mercedes-Benz. Mercedes-Benz has been a… Continue reading The life of an eSports pro: Mercedes-Benz provides insight into training routine of SK Gaming as part of gamescom
Porsche invests in ‘low visibility’ sensor startup TriEye
Porsche’s venture arm has acquired a minority stake in TriEye, an Israeli startup that’s working on a sensor technology to help vehicle driver-assistance and self-driving systems see better in poor weather conditions like dust, fog and rain. The strategic investment is part of a Series A financing round that has been expanded to $19 million.… Continue reading Porsche invests in ‘low visibility’ sensor startup TriEye