Ford Claims Title for World’s Largest Billboard Certified by GUINNESS WORLD RECORDS™

Ford is now the official GUINNESS WORLD RECORDS title-holder for the Largest billboard in the world after unveiling a 5,265 m2 advertisement – equivalent to 20 tennis courts – for the new Ford EcoSport sports utility vehicle (SUV) on the iconic Espana Building in central Madrid, Spain. A GUINNESS WORLD RECORDS official adjudicator inspected the… Continue reading Ford Claims Title for World’s Largest Billboard Certified by GUINNESS WORLD RECORDS™

General Motors cutback in car production at Oshawa plant to be extended: report

OSHAWA, Ont. – General Motors Co. is reportedly extending a cutback in car production at its plant in Oshawa, Ont., into April and May before it begins a second shift to produce pickup trucks later this year.The automaker had halted production of Cadillac XTS and Chevrolet Impala cars for three weeks in January and brought… Continue reading General Motors cutback in car production at Oshawa plant to be extended: report

Uber CEO plans to ‘invest aggressively’ to compete with rivals Southeast Asia

Uber CEO Dara Khosrowshahi has distanced the company from reports that it might exit Southeast Asia and India. Currently in India on his maiden visit to Asia as Uber boss, Khosrowshahi told an audience that the company plans to continue to invest in Southeast Asia, where Uber has slipped behind Grab and Indonesia-based Go-Jek. “We expect to… Continue reading Uber CEO plans to ‘invest aggressively’ to compete with rivals Southeast Asia

Driving bans on diesel cars: the four options of the Federal Administrative Court

All articles and backgrounds 02/22/2018 Driving bans on diesel cars How environmental aid wants to help diesel drivers with their lawsuit The Federal Administrative Court will decide on Thursday on driving bans for diesel cars in German cities. The judges in Leipzig examine in the final instance whether such prohibitions may be imposed in the… Continue reading Driving bans on diesel cars: the four options of the Federal Administrative Court

On-Demand with Pooling | Moovel pilot project in Karlsruhe

On the occasion of the IT-Trans fair Moovel offers together with the Karlsruher Verkehrsverbund an on-demand pooling service. Over three days, you can use the transport service for free, which is part of the IT trans Karlsruhe which is also a test field for autonomous driving. The car service is organized by the Mercedes Benz… Continue reading On-Demand with Pooling | Moovel pilot project in Karlsruhe

Watch Airbus’ drone taxi take to the skies for the first time

Vahana/Airbus Back in late January, Airbus’ Vahana team successfully flew their autonomous air taxi for the first time. Now, you can finally watch how the drone stayed in the air on its own in the video below the fold. It shows the aircraft hovering around 16 feet above the ground for a few seconds —… Continue reading Watch Airbus’ drone taxi take to the skies for the first time

Visteon Reports Strong 2017 Financial Results

View the full-year 2017 financial summary infographic Visteon Announces Strong 2017 Results Delivered strong financial performance Sales of $3,146 million ($797 million in fourth quarter) Net income of $176 million ($25 million in fourth quarter) Adjusted EBITDA of $370 million ($102 million in fourth quarter) Adjusted free cash flow of $148 million ($58 million in… Continue reading Visteon Reports Strong 2017 Financial Results

India Dealbook: Grab, The Healthy Billion, HighRadius Corp raise funds

February 22, 2018 Hyperlocal delivery startup Grab, healthtech firm The Healthy Billion and technology company HighRadius have received funding. Hyperlocal delivery startup Grab gets raises $1.3m Hyperlocal delivery startup Grab has received $1.3 million investment from Maharashtra State Social Venture Fund, managed by SIDBI Venture Capital according to a report by to a paper.vc. As per the… Continue reading India Dealbook: Grab, The Healthy Billion, HighRadius Corp raise funds

Kia Motors India to begin production by mid-2019

Construction of the new plant in Anantapur district of Andhra Pradesh began in mid-2017 with an investment of about $1.1 billion (around Rs 7,050 crore). Kia Motors India is going all out with its India operations. The carmaker has laid down the structural framework for its new manufacturing facility in the Anantapur district of Andhra Pradesh. The… Continue reading Kia Motors India to begin production by mid-2019

Court decision on driving bans for diesel cars: Environmental Aid wants to help with lawsuit diesel drivers ++ FDP fears “expropriation”

All articles and backgrounds 02/22/2018 Court decision on driving bans for diesel cars Environmental aid wants to help with lawsuit Diesel drivers ++ FDP fears “expropriation” The Federal Administrative Court will decide on Thursday on driving bans for diesel cars in German cities. The judges in Leipzig examine in the final instance whether such prohibitions… Continue reading Court decision on driving bans for diesel cars: Environmental Aid wants to help with lawsuit diesel drivers ++ FDP fears “expropriation”