In self-driving car race, Waymo leads traditional automakers

You are here: Home  » OEM  » Automakers and Suppliers  » Waymo is testing autonomous driving using Chrysler Pacifica minivans. Photo credit: Katie Burke UPDATED: 5/8/18 11:14 am ET DETROIT/MUNICH — In the race to start the world’s first driving business without human drivers, everyone is chasing Alphabet’s Waymo. The Google sibling is ahead of traditional automakers such… Continue reading In self-driving car race, Waymo leads traditional automakers

Tesla’s Bonkers Earnings Call Was Actually Perfect

In hindsight, Elon Musk’s statement at the beginning of Tesla Inc.’s latest earnings call that “We’re going to go as long as there are good questions to answer” sounds less like encouragement and more like a warning. As you may have heard, the CEO decided the “good questions” from analysts ran out in about half an… Continue reading Tesla’s Bonkers Earnings Call Was Actually Perfect

First Morgan Aero GT rolls off Morgan’s Pickersleigh Road production line

At the Geneva Motor Show, Morgan Motor Company revealed its most extreme road-going model to date, the Aero GT – and the first edition has now rolled off the production line, destined for Revolutions Morgan in Scotland. Morgan Motor Company will produce just eight of the special Aero GT variants – all vehicles individually built… Continue reading First Morgan Aero GT rolls off Morgan’s Pickersleigh Road production line

Didi appoints one of its execs to lead ride-hailing service 99

Didi, the Chinese transportation behemoth that acquired Brazilian ride-hailing service 99 back in January, has replaced 99’s chief executive with one of its own, Recode first reported. Stepping in to replace Peter Fernandez is Tony Qiu, who most recently oversaw Didi’s luxury business. Before joining Didi, Qiu had stints at Morgan Stanley and Bain Capital. Fernandez… Continue reading Didi appoints one of its execs to lead ride-hailing service 99

Ford Changed Leaders, Looking for a Lift. It’s Still Looking.

“When are we going to know these six?” Adam Jonas of Morgan Stanley asked. “Because I asked you a pretty straightforward question. You’re alluding to the six in your slides. You’re clearly not willing to talk about them.” Then, with a tone of exasperation rarely heard in such calls, Mr. Jonas added, “That’s a problem,… Continue reading Ford Changed Leaders, Looking for a Lift. It’s Still Looking.

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

How Tesla and Waymo are tackling a major problem for self-driving cars: data

There’s a race happening right now that stretches from Silicon Valley to Detroit and back: who can make a self-driving car that behaves better than a human driver? It’s a far harder task than it sounded even a few years ago because human drivers know a lot — not just about their cars but about… Continue reading How Tesla and Waymo are tackling a major problem for self-driving cars: data

Editorial: Li Shufu, Dirk Notheis and their foray

All articles and backgrounds 04/19/2018 Editorial Li Shufu, Dirk Notheis and their foray David Maupile Steffen Klusmann, editor-in-chief of the manager magazin Dirk Notheis, ex-Germany boss of Morgan Stanley, was considered as burned, because he had served too much the stereotype of the greedy investment banker with the sales of the energy supplier EnBW to… Continue reading Editorial: Li Shufu, Dirk Notheis and their foray

Icahn to sell Federal-Mogul to Tenneco for $5.4 billion

(Reuters) – Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc (TEN.N) in a $5.4 billion deal, unloading an investment he has held for nearly two decades and picking up a new stake in Tenneco. Tenneco plans to separate into two independent, publicly traded companies – one… Continue reading Icahn to sell Federal-Mogul to Tenneco for $5.4 billion

UPDATE 2-Icahn to sell Federal-Mogul to Tenneco for $5.4 bln

(Reuters) – Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc (TEN.N) in a $5.4 billion deal that will also give him a stake in the company. FILE PHOTO: Billionaire activist investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York… Continue reading UPDATE 2-Icahn to sell Federal-Mogul to Tenneco for $5.4 bln