Adient announces Peter H. Carlin to join automotive seat supplier’s Board of Directors

PLYMOUTH, Mich., May 18, 2018 /PRNewswire/ — Adient plc (NYSE: ADNT), a global leader in automotive seating, today announced the appointment of Peter H. Carlin to Adient’s Board of Directors, effective June 4, 2018. “We are pleased to welcome Peter to Adient’s Board of Directors,” said Bruce McDonald, Adient Chairman and Chief Executive Officer.  “Over the… Continue reading Adient announces Peter H. Carlin to join automotive seat supplier’s Board of Directors

Auto duties are not off the table

D onald Trump threatens with additional duties on cars and car parts. The consequence of this would be grave, especially compared to the import surcharges for steel and aluminum, which the American president has already set in motion for manufacturers from Europe. The stock market development of BMW, Daimler and Volkswagen speaks for itself –… Continue reading Auto duties are not off the table

Investors sell car values ​​and Beiersdorf

S The high level of losses on automotive stocks and Beiersdorf shares pushed the German stock market down sharply on Thursday. The F.A.Z. Index, which is 100 times broader in the market, yields 0.92 percent to 2450 points. The default Dax index yielded 0.85 percent to 12,587 points. The prices also fell in New York.… Continue reading Investors sell car values ​​and Beiersdorf

70 percent upside potential for VW

D The diesel crisis is not over yet, but the Volkswagen Group does not seem to be much connected with analysts. A new study now sees a price potential of almost 70 percent of the automotive share and is primarily targeting a group division. The renowned car analyst Jürgen Pieper has raised the price target… Continue reading 70 percent upside potential for VW

Big Meeting on Artificial Intelligence in the White House

K Artificial Intelligence (AI) now appears to have been identified as a key technology issue in the White House. After the government and especially President Donald Trump So far, at least publicly, little has been announced, is now a big meeting announced for this Thursday: The administration has invited business representatives to Washington. Employees of… Continue reading Big Meeting on Artificial Intelligence in the White
House

China’s Online Food Ordering Market Matures With 75% Penetration Rate

Over 75% of China’s netizens have ordered food online or via mobile apps, up from 35% two years ago, says a new research report by Tencent Holdings Ltd. In comparison, the penetration rate for online food delivery in the U.S. is at around 5%, according to a recent Morgan Stanley research report. The convenience of… Continue reading China’s Online Food Ordering Market Matures With 75% Penetration Rate