Published 04/24/2018 11:41:00 CET The average carbon dioxide (CO2) emissions of new vehicles increased by 0.4% MADRID, Apr. 24 (EUROPA PRESS) – Gasoline-powered vehicles last year became the best-selling type of car in the European market, ahead of diesel for the first time since 2009, after a drop in market share of 5.1 percentage points… Continue reading European sales of gasoline vehicles exceed for the first time in eight years those of diesel
Tag: Autonomous
Groupe PSA: Q1 2018 Revenue Sharp Growth
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) Group Q1 2018 revenue amounted to €18,182 million, compared with €12,798 million in Q1 2017. At constant 2015 exchange rate and perimeter, 2018 Group revenue was up 21.6%4. PCD Automotive division revenue amounted to €10,214 million up by 13.3% compared to Q1 2017. This increase was mainly driven… Continue reading Groupe PSA: Q1 2018 Revenue Sharp Growth
After mass layoffs at Ohio plant, UAW gives GM greenlight to hire lower-paid temps
After mass layoffs at Ohio plant, UAW gives GM greenlight to hire lower-paid temps By Tim Rivers24 April 2018 Within days of announcing the elimination of an entire shift and 1,500 jobs at the giant Lordstown, Ohio assembly plant, General Motors announced that its subsidiary, known as the Lordstown GM Subsystems Manufacturing LLC, will… Continue reading After mass layoffs at Ohio plant, UAW gives GM greenlight to hire lower-paid temps
US military is looking for security holes in autonomous driving
The US Department of Defense wants to close the security holes in their own vehicles. To one security risk In the military vehicles to avoid looking at the Light Armored Vehicles (LAV) for vulnerabilities in networking and control. US cyber defense. Source: meritalk Thus, one is currently looking for incident defense systems that should protect… Continue reading US military is looking for security holes in autonomous driving
Renault-Nissan-Mitsubishi joins DiDi Chuxing in DiDi Auto Alliance
World’s leading automotive alliance joins DiDi to pursue new mobility solutions in China Renault-Nissan-Mitsubishi, the world’s leading automotive alliance, today announced it is one of the partners of DiDi Auto Alliance (the D-Alliance), which was formed by DiDi Chuxing (‘DiDi’), the top Chinese mobile transportation platform. The DiDi Auto Alliance is an intelligent ride-sharing alliance… Continue reading Renault-Nissan-Mitsubishi joins DiDi Chuxing in DiDi Auto Alliance
Marchionne’s Exit Puts Fiat Chrysler in Play for Merger Deal
Sergio Marchionne spent the last 14 years transforming Fiat Chrysler Automobiles NV through a series of spinoffs and mergers from a near-bankrupt Italian conglomerate into the best-performing U.S. automaker. His pending exit may open the door for the next big deal. Marchionne, 65, is set to start his final year as chief executive officer after… Continue reading Marchionne’s Exit Puts Fiat Chrysler in Play for Merger Deal
Byton teases its second “experience-driven” vehicle
Byton Byton wowed us at CES back in January with its first autonomous EV concept car, a smart SUV built for passenger comfort. At the Beijing Motor Show, the company teased its second vehicle concept, an electric sedan slated to go into series production in 2021. Byton isn’t releasing details for the unnamed sedan until… Continue reading Byton teases its second “experience-driven” vehicle
IPO of 25 percent of the truck sector could bring in 6 billion euros: How the truck business to Volkswagens Mustersparte becomes
All articles and backgrounds 04/13/2018 IPO of 25 percent of the truck sector could bring in 6 billion euros How the truck business to Volkswagens Mustersparte becomes REUTERS VW truck boss Andreas Renschler So much is in motion in the Volkswagen Group. Several management posts, including the boss, are being retooled, the entire management structure… Continue reading IPO of 25 percent of the truck sector could bring in 6 billion euros: How the truck business to Volkswagens Mustersparte becomes
NIO Capital Said Raising $500M Offshore Fund For Auto Investment
NIO Capital, a private equity fund established by Chinese electric car company NIO, is close to completing the first round of a US$500 million offshore fund that will invest in new automotive technologies, according to media reports. NIO Capital did not immediately respond to China Money Network’s email seeking for comment. The company is in… Continue reading NIO Capital Said Raising $500M Offshore Fund For Auto Investment
Groupe PSA and Huawei Unveil Their First Connected Vehicle
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) has built its Connected Vehicle Modular Platform (CVMP) for its connected vehicles, using Huawei’s OceanConnect IoT1platform. DS 7 CROSSBACK, launched this month in China, is the first vehicle to benefit from the CVMP. Customers can access new services such as connected navigation, natural language2 voice recognition and a… Continue reading Groupe PSA and Huawei Unveil Their First Connected Vehicle