Tag: GM

55 new models between 2018 and 2022: electric cars – Volkswagen is announcement world champion

All articles and backgrounds 05/11/2018 55 new models between 2018 and 2022 Electric cars – Volkswagen is announcement world champion Is the electromobility the future of auto industry? At least one big automaker seems to have decided on it: like the graphics of Statista shows, Volkswagen has by far the most new electric car models… Continue reading 55 new models between 2018 and 2022: electric cars – Volkswagen is announcement world champion

China’s Didi Chuxing suspends its carpooling service following murder of a passenger

Didi Chuxing, China’s largest ride-hailing service, has suspended its Hitch carpooling service for one week as it investigates the murder of a passenger. The victim was a 21-year-old air stewardess identified only as Ms. Li. State-run news agency Global Times reports that the incident took place in the evening of May 5, when she used… Continue reading China’s Didi Chuxing suspends its carpooling service following murder of a passenger

Press Release – Magna Announces Record First Quarter Results

Please click HERE for a PDF version of the release. Record quarterly sales, up 21% year over year to $10.79 billion Record quarterly diluted earnings per share of $1.83, increased 21% Cash provided from operating activities of $577 million, up 26%, a first quarter record Paid dividends of $118 million and returned $103 million to… Continue reading Press Release – Magna Announces Record First Quarter Results

PSA Group suspends controversial severance pay for the time being

Opel is after the takeover by France’s PSA Group at a crossroads: The management wants to drastically reduce the workforce, the union suspects a clear-cut, which threatens the substance. Employees in front of Opelwerk in Rüsselsheim Wednesday, 09.05.2018 19:03 clock After a long dispute, the Car manufacturer Opel be Controversial severance program for the time… Continue reading PSA Group suspends controversial severance pay for the time being

South Korea takes more cautious view on GM Korea turnaround than U.S. automaker

SEOUL (Reuters) – General Motors’ (GM.N) South Korean unit is expected to swing to a profit from 2022, state-run Korea Development Bank (KDB) said on Friday, offering a more subdued outlook for the troubled unit compared with the U.S. automaker which sees a profit from 2019. FILE PHOTO: Employees work at an assembly line of… Continue reading South Korea takes more cautious view on GM Korea turnaround than U.S. automaker

GM sees custom designs, personal ownership for self-driving cars

(Reuters) – General Motors Co (GM.N), which plans a ride-sharing fleet of robotaxis for next year, is looking at further business opportunities for self-driving cars, such as custom designs that could be almost unrecognizable from those of today, a top executive said on Thursday. FILE PHOTO: GM’s planned Cruise AV driverless car features no steering… Continue reading GM sees custom designs, personal ownership for self-driving cars

Drive.ai Launches Robot Car Pilot in Texas With a Focus on Humans

Photo: Evan Ackerman/IEEE Spectrum Advertisement Editor’s Picks Self-driving vehicle startup Drive.ai has only been around since 2015, but has moved aggressively toward getting autonomous cars out into the world to do useful things safely and efficiently. Drive struck a partnership with Lyft last September to test its technology with the ride-sharing service in San Francisco,… Continue reading Drive.ai Launches Robot Car Pilot in Texas With a Focus on Humans

Vauxhall VXR brand to live on with help from hybrid tech

The Vauxhall VXR name looks set to live on after a hiatus, with a company spokesman indicating that hybrid technology could allow the British performance sub-brand to continue in the future. VXR models are no longer sold in the UK; until recently, the Vauxhall website had been offering details on the Corsa VXR and the… Continue reading Vauxhall VXR brand to live on with help from hybrid tech

Opel boss Michael Lohscheller: “I look at the personnel costs – and there we are too high”

Michael Lohscheller Lohscheller’s company is heading for the 20th year in a row. (Photo: picture alliance / Arne Dedert / d) Lohscheller is actually a specialist for the long distance. Last Sunday, the 49-year-old completed the 105th marathon of his life in Mainz in a remarkable 3:48 hours. As a boss of the loss-making car… Continue reading Opel boss Michael Lohscheller: “I look at the personnel costs – and there we are too high”