MILAN (Reuters) – Strong sales of Ferrari’s (RACE.MI) Portofino and 812 Superfast models enabled the Italian luxury carmaker to raise its outlook on Monday, with a new brand strategy promising even more growth. FILE PHOTO: The new Ferrari Portofino is displayed during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 12, 2017. REUTERS/Ralph Orlowski/File… Continue reading Ferrari looks to capitalize on brand name as it promises faster growth
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Ferrari forecast turbo-charged by Portofino, Superfast sales
MILAN (Reuters) – Strong sales of Ferrari’s (RACE.MI) Portofino and 812 Superfast models helped the Italian luxury carmaker raise its 2019 forecasts on Monday, powering its shares to a record high. FILE PHOTO: The new Ferrari Portofino is displayed during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 12, 2017. REUTERS/Ralph Orlowski/File Photo Ferrari’s… Continue reading Ferrari forecast turbo-charged by Portofino, Superfast sales
Edited Transcript of BWA earnings conference call or presentation 31-Oct-19 1:30pm GMT
Q3 2019 BorgWarner Inc Earnings Call Auburn Hills Nov 2, 2019 (Thomson StreetEvents) — Edited Transcript of BorgWarner Inc earnings conference call or presentation Thursday, October 31, 2019 at 1:30:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Frédéric B. Lissalde BorgWarner, Inc. – President, CEO & Director * Kevin A. Nowlan BorgWarner,… Continue reading Edited Transcript of BWA earnings conference call or presentation 31-Oct-19 1:30pm GMT
PSA-Fiat Chrysler: a belly dance that lasted for months
Code names: “Stella” for PSA, “Paris” for Fiat Chrysler. The Announcements announced Thursday In the early morning, there was serious backstage since the beginning of October. It was at this point that the two groups, who had been looking around for months – if not years – foresaw that the possibility of a “deal” was… Continue reading PSA-Fiat Chrysler: a belly dance that lasted for months
Waymo Finally Ramping Up Fully Driverless Operations in Phoenix Area – Phoenix New Times
Waymo has begun to make its fully driverless vehicles more visible on metro Phoenix streets, but continues to release little information to the public about its state-authorized experiment. The company’s chief executive officer, John Krafcik, confirmed at a dinner with journalists in Detroit on October 27 that Waymo would expand “rider-only” services for an exclusive group… Continue reading Waymo Finally Ramping Up Fully Driverless Operations in Phoenix Area – Phoenix New Times
Jean-Dominique Senard at the Douai plant
On a visit to the Renault plant at Douai, in northern France, Jean-Dominique Senard, Groupe Renault Chairman of the board, shared his optimism about the plant’s transformation, in particular as regards the plans for the production of electric models. by Thomas AUDEBERT On 17 October, with the Hauts-de-France bathed in sunshine, Jean-Dominique Senard paid a… Continue reading Jean-Dominique Senard at the Douai plant
Alphabet exec blames media for overhyping self-driving cars, even though Google drove the hype – CNBC
Ari Levy | CNBC Waymo executives think people have taken its promises of self-driving cars too seriously. The Alphabet subsidiary “went through a lot of hype that was sort of unmanageable,” said Tekedra N. Mawakana, Waymo’s chief external officer, at a Business Insider conference Tuesday. “Sometimes a lot of hype is so mismatched to what’s happening… Continue reading Alphabet exec blames media for overhyping self-driving cars, even though Google drove the hype – CNBC
Press: ZF places Eurobonds with a total volume of €2.7 billion
Transaction marks second step in refinancing of the planned Wabco acquisition Successful completion of acquisition financing High investor interest leads to multiple oversubscriptions Friedrichshafen, Germany. ZF Friedrichshafen AG (ZF) has successfully placed Eurobonds with a total volume of €2.7 billion on the capital market. The bonds, which were issued in four tranches with maturities between… Continue reading Press: ZF places Eurobonds with a total volume of €2.7 billion
GM strike hovers over sluggish year for Canadian auto production – Financial Post
It’s shaping up to be a slow year for Canada’s automotive sector, thanks to sluggish sales in the first three quarters combined with an expected decline in major manufacturing investments and a potential production dip from the prolonged General Motors Co. strike in the United States. While the strike by 49,000 United Auto Workers, now… Continue reading GM strike hovers over sluggish year for Canadian auto production – Financial Post
Driverless cars are stuck in a jam – The Economist
FEW IDEAS have enthused technologists as much as the self-driving car. Advances in machine learning, a subfield of artificial intelligence (AI), would enable cars to teach themselves to drive by drawing on reams of data from the real world. The more they drove, the more data they would collect, and the better they would become.… Continue reading Driverless cars are stuck in a jam – The Economist