Sergio Marchionne, one of the longest-serving CEOs in the automotive industry, has a blunt warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. Developing technologies like electrification, self-driving software and ride-sharing will alter consumers’ car-buying decisions within six… Continue reading Adapt or Die Is Marchionne’s Stark Farewell Message to Carmakers
Tag: Autonomous
Ford Mach1 performance SUV to launch in 2020
Ford’s first all-electric vehicle will be a Mustang-inspired performance SUV, Auto Express can reveal. It will arrive in 2020 and could be launched as the Mach1. The all-electric SUV will be built on a new dedicated EV platform and have a range of 300 miles, while the design and packaging of the model has almost… Continue reading Ford Mach1 performance SUV to launch in 2020
NTU & Volvo for Autonomous Electric Buses in Singapore
The University of NTU and the manufacturer Volvo want to jointly develop an autonomous e-bus for Singapore. Volvo still has some difficulties at home approval to receive, but in Singapore If you want to stir up the public transport right now. Autonomous E-bus Singapore. Source: NTU In fact, there are some autonomous driving projects in… Continue reading NTU & Volvo for Autonomous Electric Buses in Singapore
ZF off to a Strong Start in 2018
“The improved rating highlights our solid financial policies and is a milestone in securing financial independence which is firmly anchored into the long-term ZF 2025 Strategy,” added Sauer, who is also CFO of the ZF Group. “We are making excellent progress in reducing debt that originated from the TRW acquisition in 2015. In fact, progress… Continue reading ZF off to a Strong Start in 2018
UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022
DETROIT (Reuters) – Ford Motor Co (F.N) will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show. The investment figure is sharply higher than a previously announced target… Continue reading UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022
China Digest: Kintor Pharma, CalmCar, MLog, Yida Media raise funding
January 15, 2018 Five Chinese startups have raised a total of $81.6 million from venture capital and private equity companies in China, according to a China Money Network report. Kintor Pharmaceuticals raises $44 million Series C Chinese pharmaceutical research company Suzhou Kintor Pharmaceutical Inc has raised $44 million in a Series C funding round led by… Continue reading China Digest: Kintor Pharma, CalmCar, MLog, Yida Media raise funding
Chao promises 'tech-neutral' robot car approach
CLOSE United States Secretary of Transportation Elaine Chao talks about the future of technology in the automobile industry at Cobo Center during a press event at the Detroit Auto Show. Daniel Mears, The Detroit News United States Secretary of Transportation Elaine L. Chao speaks in the Cobo Center Atrium in Detroit, Michigan on January 14,… Continue reading Chao promises 'tech-neutral' robot car approach
Top Automotive Industry News for Week of January 8 – January 14, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week January 8, 2018 – January 14, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 2018 Detroit Auto Show Preview: Here’s What to Expect (Car &… Continue reading Top Automotive Industry News for Week of January 8 – January 14, 2017
Ford reveals all-new Ranger
Show Thumbnails Show CaptionsLast SlideNext Slide The Ranger’s body features a high beltline that emphasizes strength, while a raked grille and windshield provide an athletic appearance, designed to aid in aerodynamics and reduce wind noise.(Photo: Ford) Ford Motor Co. pulled the curtain off the new 2019 Ranger, bringing the midsize pickup back to North America… Continue reading Ford reveals all-new Ranger
Live: Ford reveals all-new Ranger
The Ranger’s body features a high beltline that emphasizes strength, while a raked grille and windshield provide an athletic appearance, designed to aid in aerodynamics and reduce wind noise.(Photo: Ford) Ford Motor Co. pulled the curtain off the new 2019 Ranger, bringing the midsize pickup back to North America for the first time since 2011.… Continue reading Live: Ford reveals all-new Ranger