The Honda Ridgeline is the ultimate tailgate vehicle for sporting events, picnics, and other gatherings thanks to industry-first and exclusive features like a Dual Action Tailgate that provides easy access to the lockable and weather-sealed In-Bed Trunk®, an available in-bed 115V AC power outlet, and a world’s first Truck Bed Audio System. This year, the… Continue reading 2020 Honda Ridgeline Arrives at Dealerships with New 9-Speed Transmission, Standard Honda Sensing®
Category: Official Press Release
@Daimler: Mercedes-Benz Dusseldorf plant celebrates start of production of the Mercedes-Benz eSprinter
Production of the fully electric eSprinter heralds a new era in Dusseldorf Dusseldorf is the competence centre for Sprinter vehicles with electric drive Good production utilisation in 2019 despite modification Two new product run-ups within 21 months with investments totalling around 330 million euros Dusseldorf / Stuttgart – The founder of its own segment –… Continue reading @Daimler: Mercedes-Benz Dusseldorf plant celebrates start of production of the Mercedes-Benz eSprinter
Buy or Sell a Car via Mobile with the New eBay Motors App
SAN JOSE, Calif., Dec. 12, 2019 /PRNewswire/ — eBay Motors, one of the world’s largest marketplaces for all things automotive, is launching an all-new, automotive-focused app for Apple iPhone and Android. Powered by advanced technology, the app is a powerful tool for buying and selling vehicles directly from consumers’ mobile devices in an entirely new way.… Continue reading Buy or Sell a Car via Mobile with the New eBay Motors App
@FCA: FCA’s New Global Product Development Organization Will Unleash Speed-to-Market and Technological Innovation
December 12, 2019 , Auburn Hills, Mich. – FCA is leveraging its technological, engineering and management talent by establishing a streamlined product development organization with central leadership and a global footprint. The new organization will be led by FCA’s Chief Technical Officer Harald Wester. “The industry has never experienced technological change at the pace we are… Continue reading @FCA: FCA’s New Global Product Development Organization Will Unleash Speed-to-Market and Technological Innovation
@BMW: BMW Group shares AI algorithms used in production
Munich. The BMW Group uses a growing number of artificial intelligence (AI) applications in production. For instance, AI relieves workers of monotonous tasks such as checking whether the warning triangle is placed in the right spot in the trunk. This task is now performed by a camera and self-learning software that compares the camera’s live… Continue reading @BMW: BMW Group shares AI algorithms used in production
FCA’s New Global Product Development Organization Will Unleash Speed-to-Market and Technological Innovation
AUBURN HILLS, Mich., Dec. 12, 2019 /PRNewswire/ — Establishes unified product development organization sustained by three strategic activities – core engineering competencies responsible for addressing key technology opportunities; transversal program management and execution; and support for program delivery and management of decoupled activities Streamlined organization to enable optimal workload balancing Better positions FCA to continue… Continue reading FCA’s New Global Product Development Organization Will Unleash Speed-to-Market and Technological Innovation
Dana Incorporated Extends Share Repurchase Program
MAUMEE, Ohio, Dec. 12, 2019 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that its board of directors authorized the extension of its share repurchase program through December 31, 2021. The company had $150 million available under the program as of September 30, 2019. The company expects shares to be repurchased in the open market… Continue reading Dana Incorporated Extends Share Repurchase Program
King Abdullah University of Science and Technology (KAUST) has introduced self-driving shuttles onto its university campus
Press and Releases Thuwal, 11 December 2019: King Abdullah University of Science and Technology (KAUST) has introduced self-driving shuttles onto its university campus to become the pioneer in adopting autonomous vehicles in the Kingdom of Saudi Arabia. The pilot project incorporates vehicle technology from two global leaders in autonomous mobility and advanced manufacturing, Local Motors… Continue reading King Abdullah University of Science and Technology (KAUST) has introduced self-driving shuttles onto its university campus
@Ferrari: Ferrari N.V. signs a new syndicated revolving credit facility
Maranello (Italy), 12 December 2019 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that it has signed on 11 December a Euro 350 million unsecured committed revolving credit facility, intended for general corporate and working capital purposes (the “New RCF”). The New RCF, entered into with a group of twelve banks, has a… Continue reading @Ferrari: Ferrari N.V. signs a new syndicated revolving credit facility
Auto workers OK labor deal at Fiat Chrysler
New York (CNN Business)Auto workers at Fiat Chrysler have ratified a new four-year contract, closing the door on the possibility of another strike like the one that shut down rival General Motors for six weeks.Fiat Chrysler (FCAU) made far greater use of those relatively new hires and their lower pay scale than its rivals did, giving the company a competitive cost advantage over GM (GM) and Ford (F).The 40-day walkout at GM earlier this fall cost the automaker an estimated $2.9 billion, but despite inflicting those costs on GM the strikers did not convince the automaker to drop plans to close three US factories.