Virtual reality and augmented reality are all over the North American International Auto Show floor. Chevrolet, Ford, Honda, Mercedes-Benz and Volkswagen are all using the tech to show off their latest cars and concepts. During the industry preview days (the show is open to the public through Sunday, January 28th) lines to try the experiences… Continue reading The auto industry is head over heels for VR
Tag: GM
Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus
Tesla The Observer Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus Some say the firm is already overvalued at $60bn. But its founder’s vision is now truly ambitious Elon Musk unveils Tesla’s forthcoming Roadster 2 sports car in California. Photograph: Reuters Racy valuations for loss-making businesses are nothing new to… Continue reading Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus
CEO Jim Hackett pushing Ford team as investors watch with caution
Ford Motor Company President and CEO Jim Hackett speaks during the Ford presentation at the 2018 North American International Auto Show in Detroit January 14, 2018. (Photo: Maury/EPA-EFE/REX/Shutterstock) Ford CEO Jim Hackett, eight months into his role, brings an unconventional approach to the auto industry, which leaves colleagues inspired and observers sometimes a bit confused. He has… Continue reading CEO Jim Hackett pushing Ford team as investors watch with caution
Fiat Chrysler’s Marchionne Has Lessons for Ford CEO Jim Hackett
With retirement approaching, Sergio Marchionne seems determined to go out with a bang: the Fiat Chrysler Automobiles NV boss thinks operating profit will surpass that of Ford Motor Co. this year. On Thursday, Marchionne reminded analysts that’s a surprising turn of events. He’s right. It’s less than a decade since Chrysler filed for bankruptcy protection (Ford… Continue reading Fiat Chrysler’s Marchionne Has Lessons for Ford CEO Jim Hackett
Lyft investigates claims staff abused access to customer data
A user posted on the anonymous app Blind claiming that Lyft employees abused their access to customer data, from gathering info on exes to acquiring Mark Zuckerberg’s personal info. A Lyft spokesperson confirmed to The Information that the company is investigating whether these incidents occurred. Source: The Information
Opel Spain moves workers to improve competitiveness is “a matter of survival”
Posted 1/25/2018 4:50 PM: 34CET ZARAGOZA, 25 Jan. (EUROPA PRESS) – “Improving our competitive position is not an option, it’s a matter of survival.” This has been the message conveyed by the general director of Opel Spain, Antonio Cobo, in a letter to the workers of the Zaragoza plant of Figueruelas. In this same letter… Continue reading Opel Spain moves workers to improve competitiveness is “a matter of survival”
FCA workers to get $5,500 in profit-sharing
Buy Photo Fiat Chrysler Automobiles NV will pay its 40,000 hourly United Auto Workers employees profit-sharing checks averaging about $5,500, the company said Thursday. (Photo: Todd McInturf / The Detroit News file)Buy Photo Fiat Chrysler Automobiles NV will pay its 40,000 hourly United Auto Workers employees profit-sharing checks averaging about $5,500, the company said Thursday.… Continue reading FCA workers to get $5,500 in profit-sharing
Groupe PSA, the First Carmaker to Launch a Smartphone Application for Car Loan Offers in China
BEIJING–(BUSINESS WIRE)–Regulatory News: Groupe PSA’s (Paris:UG) financing subsidiary in China (DPCAFC) has been offering an innovative O2O solution (online to offline, and offline to online) since 21 December. It allows customers to obtain a loan in just a few minutes using their smartphone, giving dealers the freedom to focus on meeting customer needs. The DONGFENG… Continue reading Groupe PSA, the First Carmaker to Launch a Smartphone Application for Car Loan Offers in China
100,000 Orders Already Taken for New Opel Insignia Flagship
100,000 Orders Already Taken for New Opel Insignia Flagship 2018-01-24 State-of-the-art equipment and options Moderate running costs Marketplace popularity matched by media success Rüsselsheim. Less than one year after the start of sales, Opel has already taken more than 100,000 orders for the new Insignia from all over Europe. Manufactured at the Rüsselsheim plant in… Continue reading 100,000 Orders Already Taken for New Opel Insignia Flagship
Ford UAW workers will get $7,500 profit-sharing checks
But low to moderate gas prices have propelled robust sales of large pickup trucks such as the 2016 Ford F-150 pickup that improved its fuel economy from the prior generation by using aluminum body panels. (Photo: Ford Motor Company) Ford Motor Co. said Wednesday afternoon that its year-end earnings were down slightly from analyst projections due… Continue reading Ford UAW workers will get $7,500 profit-sharing checks