Hertz Names Stephen Scherr CEO

Scherr led Goldman Sach’s new consumer business, helping the bank launch AppleCard. Photo courtesy of Hertz Hertz announced in a statement that it has named Stephen M. Scherr its new chief executive officer to lead the rental car company and its global workforce of about 25,000. Scherr will assume his role as CEO and board member of Hertz on Feb.… Continue reading Hertz Names Stephen Scherr CEO

Bill Ford Jr.: Michigan needs to ‘lean into’ churning out more software developers – Crain’s Detroit Business

Michigan “desperately” needs more software developers to compete in a fast-changing auto industry racing to develop self-driving vehicles and new mobility innovations, Ford Motor Co. Executive Chairman Bill Ford Jr. said Friday. “We need to lean into the software development as a state if we’re going to be the leader,” Ford said in an interview… Continue reading Bill Ford Jr.: Michigan needs to ‘lean into’ churning out more software developers – Crain’s Detroit Business

This is not a self-driving car

The way we talk about cars and driving is changing — faster than most people can really keep up. Which is why we need to be periodically reminded that just because a car brakes by itself, makes automatic lane changes, or even lets you take your hands off the wheel doesn’t make it an autonomous… Continue reading This is not a self-driving car

Senmiao Technology Launches Ride-Hailing Platform in Haikou, the Provincial Capital of Hainan Province

CHENGDU, China, Feb. 4, 2022 /PRNewswire/ — Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the launch of its proprietary online ride-hailing platform for drivers in Haikou, China.… Continue reading Senmiao Technology Launches Ride-Hailing Platform in Haikou, the Provincial Capital of Hainan Province

Hertz Names Stephen M. Scherr as Chief Executive Officer

Scherr will lead Hertz and its global workforce of nearly 25,000 in its continued transformation to deliver products and services to customers that meet their evolving needs. The company will execute on its core priorities of shared mobility, electrification and a digital-first customer experience by combining its expertise in fleet management with new technology and… Continue reading Hertz Names Stephen M. Scherr as Chief Executive Officer

Suzuki Innovation Centre at IIT Hyderabad to address mobility challenges in India, Japan

Suzuki Innovation Centre (SIC) is yet another milestone for IITH to play an important role in strengthening the India-Japan relationship. Hyderabad: Indian Institute of Technology Hyderabad (IITH) and Suzuki Motor Corporation (SMC), Japan, the parent company of Maruti Suzuki India Ltd, the biggest automaker in the country, signed a 3-year contract to start Suzuki Innovation… Continue reading Suzuki Innovation Centre at IIT Hyderabad to address mobility challenges in India, Japan

Meritor Reports First-Quarter Fiscal Year 2022 Results

TROY, Mich., Feb. 3, 2022 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today reported financial results for its first fiscal quarter that ended December 31, 2021. First-Quarter Highlights Sales of $984 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor of $54 million Diluted earnings per share from continuing operations of… Continue reading Meritor Reports First-Quarter Fiscal Year 2022 Results

@Tata-JLR: JAGUAR LAND ROVER AND BNP PARIBAS ANNOUNCE AN EXCLUSIVE STRATEGIC PARTNERSHIP IN MOBILITY FINANCING IN EUROPE

About Jaguar Land Rover: Reimagining the future of modern luxury by design  Jaguar Land Rover is reimagining the future of modern luxury by design through its two distinct, British brands. Our current model range embraces fully electric, plug-in hybrid and mild-hybrid vehicles, as well as the latest diesel and petrol engines. Our class-leading Jaguars and… Continue reading @Tata-JLR: JAGUAR LAND ROVER AND BNP PARIBAS ANNOUNCE AN EXCLUSIVE STRATEGIC PARTNERSHIP IN MOBILITY FINANCING IN EUROPE

@Hyundai: Kia announces January 2022 global sales results

January global sales at 212,819 units, down 5.7% y/y Sales in Korea recorded 37,038 units, down 10.7% y/y Sales outside of Korea recorded 175,781 units, down 4.6% y/y Kia to accelerate transition to sustainable mobility solutions provider and create sales momentum through new models such as EV6 and all-new Niro Kia Corporation recorded total global… Continue reading @Hyundai: Kia announces January 2022 global sales results

An electric future: Will Budget 2022 signal the dawn of battery swapping or stifle innovation?

By Ashwin ShankarIt is now clear that the future of mobility in India over the next decade is going to be defined by the electrification of personal, public and commercial transport. The sales of EVs over the last year seem to indicate this as there is over 5x growth in the annual sales of electric… Continue reading An electric future: Will Budget 2022 signal the dawn of battery swapping or stifle innovation?