From today, Uber has added public transport to its app in London, incorporating real-time information on the city’s Underground, Overground, train and bus network, as well as other trams, shuttle, river boat and the DLR’s driverless trains. Last summer the ride-hailing giant was granted a provisional 15-month license to operate in the U.K. capital —… Continue reading Uber adds real-time public transport data for London
Tag: Mobility
UPDATE 4-Lyft elevates GM first-quarter profit, pickups in driver’s seat
DETROIT (Reuters) – General Motors Co on Tuesday reported a higher-than-expected quarterly profit, lifted by revaluations of shares it holds in ride-hailing company Lyft Inc and France’s Peugeot SA. FILE PHOTO: A General Motors sign is seen during the China International Import Expo (CIIE), at the National Exhibition and Convention Center in Shanghai, China November… Continue reading UPDATE 4-Lyft elevates GM first-quarter profit, pickups in driver’s seat
Masabi Raises $20M in Funding
Masabi, a Software-as-a-Service (SaaS) ticketing and payments platform for public transport, raised $20m in growth funding. The round was led by Smedvig Capital with participation from MMC Ventures and other existing investors. The company intends to use the funds to accelerate global expansion of its mobility platform, Justride, and continue to bring digital transformation to… Continue reading Masabi Raises $20M in Funding
NextGenAM – pilot project for automated metallic 3D printing proves a complete success
Joint project between Premium AEROTEC, EOS and Daimler demonstrates huge potential for the production of replacement parts and series-production components Production of truck parts begun. Potential for further components for conventional and electric cars is being assessed. Cost of manufacturing parts could be reduced by up to 50 percent Industry 4.0 in Varel: fully automated… Continue reading NextGenAM – pilot project for automated metallic 3D printing proves a complete success
GM Reports Income of $2.1 Billion and EBIT-Adj. of $2.3 Billion
DETROIT, April 30, 2019 /PRNewswire/ — General Motors Co. (NYSE: GM) today reported solid first-quarter earnings. The company’s full-size truck launch is ahead of plan and drove strong pricing for the quarter in North America. Average transaction prices for GM’s all-new full-size crew cab pickup trucks are up $5,800 over the outgoing models. First-quarter 2019… Continue reading GM Reports Income of $2.1 Billion and EBIT-Adj. of $2.3 Billion
Powertrain starts life as an independent company
Organizational realignment completed in record time; new management team in place since April 1, 2019 Technology company’s powertrain business to trade under the name of Vitesco Technologies Preparations on schedule for planed partial IPO in second half of 2019; company could begin trading in 2020 Vitesco Technologies is managed by Andreas Wolf (CEO), Werner Volz… Continue reading Powertrain starts life as an independent company
Mobility for a better world: Porsche is the main partner of re:publica 2019
Digitization is setting the pace at full speed and is significantly changing our mobility in the core areas of networking, autonomous driving, electrification and with the offer of new services. It’s not just here at Porsche, but the entire automotive industry is developing. This offers established companies some great opportunities but also confronts them with… Continue reading Mobility for a better world: Porsche is the main partner of re:publica 2019
Luca de Meo: “SEAT aims to democratise sustainable mobility”
SEAT CEO Luca de Meo shared his views on the challenges facing the auto industry at an event held in Madrid, framed in the Ágora conference cycle organised by the daily elEconomista. This morning’s talk was moderated by elEconomista director Amador G. Ayora. De Meo reiterated that SEAT is in the process of going from… Continue reading Luca de Meo: “SEAT aims to democratise sustainable mobility”
SEAT rents cars on a daily and hourly basis
Carsharing is much easier and more convenient today for urbanites. In the framework of its mobility services provider strategy, SEAT is launching a carsharing pilot programme at Castellana Motor. The cost of the service, which is available to both SEAT customers and the general public alike, starts at 2 euros per hour including fuel and… Continue reading SEAT rents cars on a daily and hourly basis
REFILE-UPDATE 1-German chauffeur service Blacklane plans IPO within 3 years
DUBAI (Reuters) – German chauffeur service Blacklane is planning an initial public offering (IPO) in the next three years, its chief executive told Reuters, as it strives to build its position in the fast-growing premium taxi market. Any flotation would follow those of larger ride-hailing rivals. U.S. group Lyft listed last month with a valuation… Continue reading REFILE-UPDATE 1-German chauffeur service Blacklane plans IPO within 3 years