Lyft Inc said in May it will slow down hiring and assess budget cuts in some departments. Elon Musk spooked investors on Friday with a warning on the economy and plans to cut Tesla’s workforce, joining a growing list of companies that have dialed back hiring amid decades-high inflation and fallout from the Ukraine crisis.… Continue reading From Tesla to Peloton, companies slow hiring as economy sputters
Tag: Mobility
Kolors Raises $26M in Funding
Kolors, a Houston, TX-based technology and data-driven intercity bus network company, raised $26 million in funding. This included a $20 million Series A financing round led by UP.Partners with participation from Toyota Ventures, Maniv Mobility, K5 Global, Mazapil, alongside existing investors Tuesday Capital, Garret Camp’s Expa, Chris Sacca’s Lowercase, Moving Capital, MVG, Brainstorm Ventures, Bling Capital and Amplifica. The funding will further accelerate expansion… Continue reading Kolors Raises $26M in Funding
German Handelsblatt: Brake problems: Mercedes is recalling almost a million cars worldwide004410
Mercedes Mercedes is recalling models of the GL class, among others. (Photo: dpa) According to the Federal Motor Transport Authority, Mercedes-Benz is recalling almost a million older vehicles worldwide because of possible brake problems. Accordingly, ML, GL and R-Class cars built between 2004 and 2015 are affected, as the authority announced in its recall database.… Continue reading German Handelsblatt: Brake problems: Mercedes is recalling almost a million cars worldwide004410
German Handelsblatt: Brake problems: Mercedes is recalling almost a million cars worldwide004407
Mercedes Mercedes is recalling models of the GL class, among others. (Photo: dpa) According to the Federal Motor Transport Authority, Mercedes-Benz is recalling almost a million older vehicles worldwide because of possible brake problems. Accordingly, ML, GL and R-Class cars built between 2004 and 2015 are affected, as the authority announced in its recall database.… Continue reading German Handelsblatt: Brake problems: Mercedes is recalling almost a million cars worldwide004407
German Handelsblatt: New mobility: This is how a small Greek island becomes the Volkswagen future laboratory004406
Volkswagen ID.Buzz on Astypalea Residents and tourists can use an app to flexibly book trips on the island with the new ridesharing service Astybus. (Photo: Reuters) Sailing yachts and fishing boats bob in the picturesque harbour, around which whitewashed cube houses are grouped like rows in an amphitheater. A Venetian fortress towers over everything. An… Continue reading German Handelsblatt: New mobility: This is how a small Greek island becomes the Volkswagen future laboratory004406
World Environment Day- How India Inc is enhancing sustainability
The theme for World Environment Day 2022 is ‘Only One Earth’ highlighting the need to for a transformative, collective action to protect, restore and celebrate our planet. Increasingly the awareness to enhance the efforts towards sustainable living and reduce steps that add to pollution is gaining traction and we see more constructive steps. Tata TechnologiesTata Technologies’ vision is… Continue reading World Environment Day- How India Inc is enhancing sustainability
Sustainable mobility key to protect ‘Only One Earth’
World Environment Day is a call for raising awareness about protecting the environment, especially in the backdrop of deteriorating ecological conditions. The theme for World Environment Day this year is “Only One Earth” and draws our attention towards the fragility of our unique planet and a need to take concerted steps to preserve it. It… Continue reading Sustainable mobility key to protect ‘Only One Earth’
Stellantis’ Windsor Assembly Plant to build STLA Large electric vehicles
Chrysler maker Stellantis NV said on Friday it will build vehicles based off its new electric STLA Large platform at its Windsor Assembly Plant in Ontario after the automaker retools the plant starting next year. The automaker came short of announcing exactly which products it will assemble at the facility currently producing the Chrysler Pacifica minivan… Continue reading Stellantis’ Windsor Assembly Plant to build STLA Large electric vehicles
Musk’s warning could be auto industry’s ‘canary in the coal mine’ moment
Tesla CEO Elon Musk‘s “super bad feeling” about the economy could be the auto industry‘s “canary in the coal mine” moment, signaling a recession for an industry whose bosses have shown no signs of concern. Musk said the electric carmaker needed to cut about 10% of its workforce in an email to executives seen by… Continue reading Musk’s warning could be auto industry’s ‘canary in the coal mine’ moment
@Groupe PSA: PR FCA US LLC Reaches Agreement with U.S. Attorney’s Office to Resolve Diesel Emissions Investigation003851
AMSTERDAM – FCA US LLC, a wholly owned subsidiary of Stellantis N.V., issued today the following press release. FCA US LLC (FCA US) has agreed to a settlement that resolves a U.S. Department of Justice criminal investigation involving approximately 101,482 vehicles from model-years 2014 to 2016 equipped with second-generation EcoDiesel V-6 engines. The agreement, which… Continue reading @Groupe PSA: PR FCA US LLC Reaches Agreement with U.S. Attorney’s Office to Resolve Diesel Emissions Investigation003851