Update: Bird confirmed our reporting with an announcement of the close of the round. Index Ventures and Valor Ventures led the funding. “It feels like investing in Uber when it first launched.” That’s what one investor said of the hot new Santa Monica, Calif.-based startup, Bird — an electric scooter company that’s now in the… Continue reading Update: Bird has raised $100 million to become the Uber of electric scooters
Tag: GM
Automakers and their allies call for more breaks in Trump tariff plan
WASHINGTON, March 9 (Reuters) – Global automakers and vehicle suppliers are pressing the Trump administration and U.S. Congress to exempt the European Union and other allies from new steel and aluminum tariffs set to take effect later this month, industry officials said on Friday. The proclamation President Donald Trump signed Thursday allows importers to seek… Continue reading Automakers and their allies call for more breaks in Trump tariff plan
Bird is raising $100 million to become the Uber of electric scooters
“It feels like investing in Uber when it first launched.” That’s what one investor said of the hot new Santa Monica, Calif.-based startup, Bird — an electric scooter company that’s now in the process of raising as much as $100 million on a $300 million valuation, according to several people with knowledge of the company’s… Continue reading Bird is raising $100 million to become the Uber of electric scooters
Waymo’s self-driving trucks to haul cargo for Google in Atlanta
March 9 (Reuters) – Waymo, the autonomous vehicle arm of Alphabet Inc, said on Friday it would launch a self-driving trucks pilot in Atlanta to carry cargo for Google’s data centers. The announcement comes two days after rival Uber Technologies said its self-driving trucks will haul cargo on Arizona highways. Waymo had been road testing… Continue reading Waymo’s self-driving trucks to haul cargo for Google in Atlanta
News Release – Magna Launches New Composites Center of Excellence in Germany
Please click HERE for a PDF version of the release. Brings advanced composites and carbon fiber expertise to European market Develops lightweight structural and exterior components Enables joint development projects with European automakers SAILAUF, Germany, March 07, 2018 — Magna’s new Composites Center of Excellence in Esslingen, Germany, aims to help European automakers meet increasingly… Continue reading News Release – Magna Launches New Composites Center of Excellence in Germany
Navistar Reports First Quarter 2018 Results
LISLE, Ill., March 8, 2018 /PRNewswire/ — Navistar International Corporation (NYSE: NAV) today announced a first quarter 2018 net loss of $73 million, or $0.74 per diluted share, compared to a first quarter 2017 net loss of $62 million, or $0.76 per diluted share. First quarter 2018 results included $46 million of charges as a result… Continue reading Navistar Reports First Quarter 2018 Results
2016 Production
World Motor Vehicle Production / by manufacturer / by country By country and type / passenger cars / light commercial vehicles / heavy trucks / buses and coaches By manufacturer, make and country Anhui Jac Ashok Leyland Avtovaz Baic BMW Brilliance Byd Changan Chengdu Dayun Changfeng Chery China National Heavy Duty Truck Chongqing Lifan Motor… Continue reading 2016 Production
UPDATE 1-GM plans to expand Bolt EV output, asks Congress to help
WASHINGTON (Reuters) – General Motors Co (GM.N) Chief Executive Mary Barra called on the U.S. Congress on Wednesday to expand a consumer tax credit for electric vehicles as the automaker said it would boost production of its EV Chevrolet Bolt in response to strong demand. CEO of General Motors Mary Barra speaks with energy scholar… Continue reading UPDATE 1-GM plans to expand Bolt EV output, asks Congress to help
GM’s Path to an All-Electric, Zero Emissions Future
General Motors Chairman and CEO Mary Barra spoke at the annual CERAWeek energy conference in Houston today. Here is a copy of her prepared remarks.
Cars on subscription: Daimler launches Mercedes flat rate in Germany
Subscription S-Class Mercedes experiments in Germany with subscription models. (Photo: AP) Porsche and Cadillac are already testing it in the USA: the car subscription. Now a German car maker is moving in Germany. Daimler is offering its customers a flat rate for premium vehicles under the name “Mercedes Me Flexperience”. In the future, car enthusiasts… Continue reading Cars on subscription: Daimler launches Mercedes flat rate in Germany