Uber has a lost a key player in its bid to bring flying cars to the world. The company’s chief product officer and head of its Elevate flying car division Jeff Holden has left the company, according to Recode. In a statement to the news outlet, Uber would only say that Holden is moving on… Continue reading Uber’s Flying Car Chief Jeff Holden Has Stepped Down
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Fiat Chrysler Suit Emails Suggest Diesel Cheat Known in 2010
Suppliers to Fiat Chrysler Automobiles NV discussed alleged illegal use of software to pass emissions tests in 2010, according to emails disclosed in federal court in San Francisco this week. Fiat Chrysler wanted to use software in its diesel engines that was capable of “cycle detection,” meaning it could sense when the vehicle was undergoing… Continue reading Fiat Chrysler Suit Emails Suggest Diesel Cheat Known in 2010
Mercedes EQ: Daimler’s electric future model is to be built in France
CEO on e-course With concept cars like the EQ, Daimler has already demonstrated how it envisions the electric future. CEO Zetsche seems satisfied. (Photo: Reuters) Daimler builds the first compact model his new electric car brand EQ in the smart plant in Hambach, France, and is investing around 500 million euros. “We are continuing our… Continue reading Mercedes EQ: Daimler’s electric future model is to be built in France
GAC Motor sets up international company, developing overseas business platform
GUANGZHOU, China, May 18, 2018 /PRNewswire/ — GAC Motor, China’s fastest-growing automaker, has announced the establishment of GAC Motor International Company (the “International Company”) to manage GAC Motor’s overseas businesses. It is a critical part of the automaker’s global expansion strategy to strengthen cooperation, enhance competitiveness, and better improve its potential for sales growth in… Continue reading GAC Motor sets up international company, developing overseas business platform
High capital requirements for electric car manufacturers: Tesla needs 10 billion by 2020 – says Goldman Sachs
All articles and backgrounds 05/18/2018 High capital requirements for electric car maker Tesla needs $ 10 billion by 2020, says Goldman Sachs AFP Tesla Model 3 in a salesroom Tesla boss Elon Musk wants his company but soon a new organizational structure miss with flatter hierarchies, However, he does not want one thing: to go… Continue reading High capital requirements for electric car manufacturers: Tesla needs 10 billion by 2020 – says Goldman Sachs
From panic to triumph: Behind the scenes of Ford's epic F-150 restart
Ford F-150 pickup trucks are on a sales lot on May 10, 2018, in Miami. (Photo: Joe Raedle, Getty Images) What if Facebook or Nike couldn’t do business for more than a week? “The whole world would shut down,” said Joe Hinrichs, president of global operations for Ford. So, when production of the F-Series pickup line… Continue reading From panic to triumph: Behind the scenes of Ford's epic F-150 restart
EU introduces measures for autonomous driving
The EU has decided to declare three assistance systems for new cars a duty and puts Vision Zero in the spotlight. The concept is titled “Europe on Move” and it should be the Abbiege-, of the Brake Assist and the Alcolock Specially available in all cars that are newly purchased. He does not want that… Continue reading EU introduces measures for autonomous driving
Mercedes-Benz starts the production of the new G-Class in Graz (Austria)
Posted 05/18/2018 11: 39: 23CET STUTTGART (GERMANY), 18 May. (EUROPA PRESS) – The Mercedes-Benz automotive company has started production of the new G-Class at the Magma Steyr factory in Graz, Austria, where this model has been produced since 1979, the company announced in a statement. As Mercedes-Benz points out, the proximity between the subsidiary of… Continue reading Mercedes-Benz starts the production of the new G-Class in Graz (Austria)
2018 Annual General Meeting – Press Release
L’Assemblée générale a adopté l’ensemble des résolutions soumises à son approbation, notamment : le versement d’un dividende de 3,55 € par action, payable en numéraire dès le 24 mai 2018, le vote favorable sur les éléments de la rémunération 2017 de M. Jean-Dominique Senard et de M. Michel Rollier, le renouvellement des délégations en matière d’autorisations financières,… Continue reading 2018 Annual General Meeting – Press Release
IG Metall boss warns: By 2030, 70,000 car jobs are in danger
All articles and backgrounds 05/18/2018 IG Metall boss warns By 2030, 70,000 car jobs are in danger DPA IG Metall boss Jörg Hofmann The IG Metall chairman Jörg Hofmann sees in the German auto industry by 2030 about 70,000 jobs at risk. “We need new jobs for almost 70,000 employees,” said Hofmann in an interview… Continue reading IG Metall boss warns: By 2030, 70,000 car jobs are in danger