South Korean e-scooter company Gbike acquires Hyundai Motor’s micromobility platform ZET 

Gbike, a South Korea-based micromobility Gcooter operator, is acquiring Hyundai Motor’s shared micromobility sharing platform ZET as it wants to increase its market share and create technological synergies via ZET’s fleet management system.  Gbike CEO Walter Yoon told TechCrunch that the deal, which is its first acquisition, will be completed in early August. The financial terms of… Continue reading South Korean e-scooter company Gbike acquires Hyundai Motor’s micromobility platform ZET 

@Hyundai: Rolls-Royce & Hyundai Motor Group Sign MOU to Lead the Way in the Advanced Air Mobility Market Using All-Electric Propulsion and Hydrogen Fuel Cell Te…

Rolls-Royce and Hyundai Motor Group are announcing plans today to collaborate on bringing all-electric propulsion and hydrogen fuel cell technology to the Advanced Air Mobility (AAM) market. The partnership will leverage Rolls-Royce’s aviation and certification capabilities and Hyundai Motor Group’s hydrogen fuel cell technologies and industrialisation capability. Both companies share a vision of leading the… Continue reading @Hyundai: Rolls-Royce & Hyundai Motor Group Sign MOU to Lead the Way in the Advanced Air Mobility Market Using All-Electric Propulsion and Hydrogen Fuel Cell Te…

Uber to pay millions for overcharging people with disabilities

Uber has agreed to settle a lawsuit alleging that the ride-hail company violated the Americans with Disabilities Act (ADA) by overcharging riders with disabilities. The company will offer several million dollars in compensation to more than 65,000 Uber users who were “charged discriminatory fees due to disability,” according to a statement from the United States… Continue reading Uber to pay millions for overcharging people with disabilities

Uber: Uber Announces Date of Second Quarter 2022 Results Conference Call

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its second quarter 2022 financial results on Tuesday, August 2, 2022 at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber’s Investor Relations website at… Continue reading Uber: Uber Announces Date of Second Quarter 2022 Results Conference Call

Verra Mobility Expands Toll and Violation Management Solutions in Europe with New Partner Agreements

Enhances toll, violation management and clean air zone compliance solutions for rental, fleets and issuing authorities MESA, Ariz., July 18, 2022 /PRNewswire/ — Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today it is continuing to expand its European operations with new contract wins, partnerships and strategic memberships to further solve… Continue reading Verra Mobility Expands Toll and Violation Management Solutions in Europe with New Partner Agreements

@VW Group: 1.5 TSI evo2: even greater efficiency and lower emissions for the Volkswagen|| world engine005412

Higher efficiency and lower emissions: Volkswagen has enhanced its bestselling 1.5 TSI petrol engine and is now introducing the latest generation, the TSI evo2, in the first models in Europe. This engine makes it possible to reduce both fuel consumption and CO2 emissions. The compact, ultra-modern four-cylinder engine will initially be available with an output… Continue reading @VW Group: 1.5 TSI evo2: even greater efficiency and lower emissions for the Volkswagen|| world engine005412

German Manager Magazin: Porsche: The car manufacturer lures investors before the IPO with high return targets001925

The sports car builder Porsche has big plans for the coming years ahead of the planned IPO. The management around boss Oliver Blume wants to benefit above all from the increasing number of wealthy people, but also earn money from the move to pure electric cars. In some areas, the company also relies on the… Continue reading German Manager Magazin: Porsche: The car manufacturer lures investors before the IPO with high return targets001925

German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004751

Porsche will Investoren den für das Jahresende geplanten Börsengang schmackhaft machen – und zwar mit einem starken Wachstum und mehr Unabhängigkeit von der Konzernmutter Volkswagen. „Porsche befindet sich in einer einzigartigen Marktposition“, sagte Vorstandschef Oliver Blume am Montag auf einem Investorentag.Einerseits biete Porsche Exklusivität und verbinde dabei Luxus mit Sport. Mit einer Jahresfertigung von 300.000… Continue reading German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004751

German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004749

Porsche will Investoren den für das Jahresende geplanten Börsengang schmackhaft machen – und zwar mit einem starken Wachstum und mehr Unabhängigkeit von der Konzernmutter Volkswagen. „Porsche befindet sich in einer einzigartigen Marktposition“, sagte Vorstandschef Oliver Blume am Montag auf einem Investorentag.Einerseits biete Porsche Exklusivität und verbinde dabei Luxus mit Sport. Mit einer Jahresfertigung von 300.000… Continue reading German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004749

Randy Parker to Receive Industry Influencer Award From Automotive Hall of Fame

Parker is responsible for all aspects of Hyundai vehicle sales in the U.S., including sales strategies, fleet sales, dealer relations, and market representation. Parker also oversees Hyundai’s seven regions that work directly with Hyundai retailers on sales and service. The Industry Influencer Award recognizes individuals who are influencing and leading through their actions, innovations, and… Continue reading Randy Parker to Receive Industry Influencer Award From Automotive Hall of Fame