@Ford: Ford Nominates Alexandra Ford English and Henry Ford III for Election to Board; Edsel B. Ford II to Retire After 33 Years as Director

Nominees will stand for election to board of directors at Ford’s annual meeting May 13 John Lechleiter, who has served as a Ford director since 2013, has opted not to be considered for re-election DEARBORN, Mich., March 12, 2021 – Ford Motor Company today announced that Alexandra Ford English and Henry Ford III have been… Continue reading @Ford: Ford Nominates Alexandra Ford English and Henry Ford III for Election to Board; Edsel B. Ford II to Retire After 33 Years as Director

Dutch court rejects Uber drivers’ ‘robo-firing’ charge but tells Ola to explain algo-deductions

Uber has had a good result against litigation in the Netherlands, where its European business is headquartered, that had alleged it uses algorithms to terminate drivers — but which the court has rejected. The ride-hailing giant has also been largely successful in fending off wide-ranging requests for data from drivers wanting to obtain more of… Continue reading Dutch court rejects Uber drivers’ ‘robo-firing’ charge but tells Ola to explain algo-deductions

Auto volumes to grow in double digits: Ind-Ra

Ind-Ra said it expects limited rating movements in the sector in FY22 and has thus maintained a stable rating outlook. Mumbai: India Ratings and Research (Ind-Ra) on Friday revised its outlook for the auto sector to improving for FY22 from negative on account of a likely revival across segments aided by positive consumer sentiments amid… Continue reading Auto volumes to grow in double digits: Ind-Ra

Autoliv to set up airbag inflator manufacturing plant in India

New airbag inflator plant will be built close to Chennai. Localisation of inflator production will meet customer requirements while mitigating global supply chain disruptions and fluctuations. Autoliv Inc, the worldwide leader in automotive safety systems, has announced its plan to build a new inflator manufacturing plant in India, focused toward supporting its strong Indian market… Continue reading Autoliv to set up airbag inflator manufacturing plant in India

Digital Diagnostic Solutions for Intelligent Fleet Management: HELLA and Ridecell Enter into Partnership

Hella Gutmann Solutions will integrate its cloud-based vehicle diagnostics services into Ridecell’s Fleet IoT platform HELLA Ventures makes a minority investment in Ridecell Lippstadt/San Francisco, 11 March 2021. The internationally positioned automotive supplier HELLA has entered into a partnership with US and EU-based Fleet IoT (Internet of Things) platform company Ridecell. Hella Gutmann Solutions, a… Continue reading Digital Diagnostic Solutions for Intelligent Fleet Management: HELLA and Ridecell Enter into Partnership

@BMW: BMW Group invests in innovative method for CO2-free steel production000964

Munich. The BMW Group is systematically implementing its sustainability goals. As announced today, the company is investing in an innovative method for CO2-free steel production developed by American startup Boston Metal, through its venture capital fund, BMW i Ventures. Over the coming years, Boston Metal plans to expand the new method for steel production on… Continue reading @BMW: BMW Group invests in innovative method for CO2-free steel production000964

Luminar, Volvo subsidiary partner to sell automated driving systems to automakers

Luminar Technologies has deepened ties with Volvo Cars to develop and eventually sell an automated driving system for highways to other automakers. The partnership, announced Thursday, is between Luminar and Volvo’s self-driving software subsidiary Zenseact. The two companies are combining their tech to create what Luminar founder and CEO Austin Russell described as a “holistic… Continue reading Luminar, Volvo subsidiary partner to sell automated driving systems to automakers

PIX is 3D printing self-driving cars inspired by slime mold

Autonomous vehicle manufacturer PIX Moving is combining metal 3D printing with mold-inspired generative design to advance automotive production. The company’s ‘C-ZONE 01’ end-to-end digital manufacturing factory makes use of wire arc additive manufacturing (WAAM), a form of large-format DED 3D printing, to produce its PIXBOT and PIXLOOP autonomous vehicle chassis models. According to PIX, the… Continue reading PIX is 3D printing self-driving cars inspired by slime mold

Altimeter SPACs surge on reported $40 billion deal for Singapore ride-hailing company Grab

Tan Hooi Ling is a co-founder of Grab and the current COO. S3studio/Getty Images Altimeter Capital is in talks with ride-hailing company Grab to bring the company public in a $40 billion deal, according to a report from The Wall Street Journal. If the deal goes through, it would mark the biggest SPAC deal on… Continue reading Altimeter SPACs surge on reported $40 billion deal for Singapore ride-hailing company Grab

Magna Drives Pickup Truck Electrification With Its New eBeam Technology

Magna’s eBeam technology provides ability to retain pickup truck capability while transitioning to electrificationFirst significant change to solid beam rear axle in trucks in more than 100 yearsPower ranges can exceed 220 kWAURORA, Ontario, March 11, 2021 (GLOBE NEWSWIRE) — Magna continues to accelerate its powertrain electrification capabilities to help automakers achieve a zero-emission future.… Continue reading Magna Drives Pickup Truck Electrification With Its New eBeam Technology