The Indian city of Gurugram, which in Hindi means “village of the guru,” is a technology-and-business hub twenty miles south of New Delhi, reached by highways filled with auto-rickshaws, exhaust-spewing buses, and the occasional immovable cow. The city’s glass high-rises contain dozens of multinational corporations, including Pepsi, Google, and Microsoft. On a recent morning, a… Continue reading At Uber, a New CEO Shifts Gears
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Press Release – Magna Provides Engineering Expertise to New Automaker VinFast
Please click HERE for a PDF version of the release. Complete vehicle development for two models Advanced engineering methods reduce development time to 12 months Vehicles will be built at the VinFast production plant in Haiphong, Vietnam SHANGHAI, China, March 29, 2018 (GLOBE NEWSWIRE) — Asia represents one of the strongest growing automotive markets in… Continue reading Press Release – Magna Provides Engineering Expertise to New Automaker VinFast
AN EYE OPENER FOR PROTON DEALERS
PRESS AN EYE OPENER FOR PROTON DEALERS Posted on Mar 30, 2018 Subang Jaya, 30 Mac 2018 – A group of 33 PROTON dealers from Malaysia were recently treated to a visit to the Geely Research Institute (GRI) in Hangzhou Bay, China. The intention of the visit was to take a peek at the future… Continue reading AN EYE OPENER FOR PROTON DEALERS
Nissan, Renault in Talks to Merge, Create New Company
Renault SA and Nissan Motor Co. are in talks to merge, seeking to solidify their two-decade-old alliance under a single stock as an unprecedented shift toward electric and shared cars transforms the industry, people with knowledge of the matter said. A deal would end the current alliance between the companies and marry them as one… Continue reading Nissan, Renault in Talks to Merge, Create New Company
Carlos Ghosn Wants a Full-Fledged Renault-Nissan Union
Carlos Ghosn has revived two troubled automakers and he’s in the midst of doing so with a third. Now, he’s poised to undertake what might well be his final act: A full merger of Renault SA and Nissan Motor Co. after almost two decades of cooperation under a complex cross-shareholding alliance. Carlos Ghosn Photographer: Christophe… Continue reading Carlos Ghosn Wants a Full-Fledged Renault-Nissan Union
UPDATE 4-Uber avoids legal battle with family of autonomous vehicle victim
TEMPE, Ariz. (Reuters) – The family of a woman killed by an Uber Technologies Inc self-driving vehicle in Arizona has reached a settlement with the ride services company, ending a potential legal battle over the first fatality caused by an autonomous vehicle. Cristina Perez Hesano, an attorney with the firm of Bellah Perez in Glendale,… Continue reading UPDATE 4-Uber avoids legal battle with family of autonomous vehicle victim
Dana Comments on Decision by GKN Shareholders
MAUMEE, Ohio, March 29, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) acknowledges the decision by a majority of the shareholders of GKN plc to accept the proposal by Melrose Industries plc to acquire GKN. As a consequence, it appears unlikely that our proposed combination with GKN Driveline will proceed. “We are, of course, disappointed by today’s outcome… Continue reading Dana Comments on Decision by GKN Shareholders
Uber Settles with Family of AV Crash Victim
Uber has reached a settlement with the family of Elaine Herzberg, the 49-year-old woman struck and killed by one of Uber’s autonomous vehicles (AVs) on March 18. The terms of the Uber settlement were not disclosed. Click to View Full Infographic “The matter has been resolved,” the family’s lawyer Cristina Perez Hesano told Reuters. The… Continue reading Uber Settles with Family of AV Crash Victim
Tesla Urges Workers to Prove the ‘Haters’ Wrong and Ramp Up Production
Tesla Inc. is pulling out all the stops to hit its production goals, giving a limited number of workers the option to work on the crucial Model 3 line instead of other vehicles and appealing to their competitive spirit to disprove the doubters. The Elon Musk-led carmaker will suspend Model S and Model X production… Continue reading Tesla Urges Workers to Prove the ‘Haters’ Wrong and Ramp Up Production
Damages claims for truck cartel: Daimler must be the first in court
Mercedes-Benz trucks From 1997 to 2011, several truck manufacturers, including Daimler, exchanged information with each other, according to the EU Commission. (Photo: AP) The Stuttgart district court has on Thursday the first claim for damages against the truck manufacturer Daimler negotiated for his involvement in the truck cartel. A recycling company from Halle an der… Continue reading Damages claims for truck cartel: Daimler must be the first in court