Toyota Motor Corp. plans to increase the local content of Baleno and Vitara Brezza models which it will receive from compatriot Suzuki Motor Corp. for selling in India under their partnership to make them price competitive, a senior company official said today. The likely changes to be brought in the two models “are still under… Continue reading Toyota To Enhance Localisation In Brezza, Baleno To Make Them Cost Effective
Tag: Mobility
Arizona Uber driver was ‘streaming The Voice’ moments before fatal crash
An Uber driver in a self-driving car was streaming television until moments before the vehicle hit and killed a pedestrian, according to police. Rafaela Vasquez repeatedly looked down instead of at the road prior to the collision in Tempe, Arizona, a report from the Tempe police department stated. It suggested the driver was distracted and… Continue reading Arizona Uber driver was ‘streaming The Voice’ moments before fatal crash
‘Zero’ chance of Renault taking over Nissan, Mitsubishi: Ghosn
TOKYO (Reuters) – Renault SA (RENA.PA) absorbing Nissan Motor Co. (7201.T) and Mitsubishi Motors Corp (7211.T) is not an option as the carmakers look to strengthen their partnership while retaining their autonomy, alliance chairman Carlos Ghosn said on Friday. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, responds to a question on… Continue reading ‘Zero’ chance of Renault taking over Nissan, Mitsubishi: Ghosn
Daimler appoints sales expert as new Smart CEO
Daimler has announced former sales executive Katrin Adt as the the new CEO of Smart, replacing Annette Winkler, who steps down at the end of September. Adt joined Daimler in 1999, and worked in various sales positions until 2013, when she branched out into human resources. It’s understood that the move aims to reverse Smart’s… Continue reading Daimler appoints sales expert as new Smart CEO
Volkswagen aims for solid-state battery production by 2025
Volkswagen has announced that it aims to have a production facility for solid-state batteries by 2025. The announcement comes with the VW Group’s £75 million investment in Californian battery technology company QuantumScape, following six years of collaboration with the firm. Solid-state battery technology, Volkswagen claims, would more than double the capacity compared with the brand’s current… Continue reading Volkswagen aims for solid-state battery production by 2025
VW wants with truck IPO more than six billion gather in
D he IPO of the truck division of Volkswagen should become one of the largest new issues in Germany ever. When asked if he actually with an issue proceeds of about six billion euros, VW Truck CEO Andreas Renschler told the “manager magazin”: “That might be a bit more.” The exact timing of an initial… Continue reading VW wants with truck IPO more than six billion
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Elon Musk says Tesla could put its first European Gigafactory in Germany
Elon Musk said Tesla favors Germany as the location for its first European Gigafactory. Industry experts expect a green car revolution to boost Europe’s battery market to around 250 billion euros ($290 billion) by 2025. Tesla has faced challenges ramping up Model 3 production, forcing it in recent days to announce plans to cut several… Continue reading Elon Musk says Tesla could put its first European Gigafactory in Germany
Toyota captures data goldmine in $1 billion Grab bet
TOKYO/SINGAPORE (Reuters) – By pumping $1 billion into ride-hailing firm Grab, Toyota Motor Corp stands to gain a passenger-side view of tens of thousands of cars across Southeast Asia, tracking how fast they drive, how far they travel and the time they spend stuck in traffic. FILE PHOTO: Commuters walk past a Grab transport booking… Continue reading Toyota captures data goldmine in $1 billion Grab bet
Hyundai Motor Group and Audi Partner in Fuel Cell Technology
SEOUL, South Korea and INGOLSTADT, Germany, June 20, 2018 /PRNewswire/ — Hyundai Motor Group (the Group) and AUDI AG (Audi) announced they have entered into a multi-year patent cross-licensing agreement, covering a broad range of fuel cell electric vehicle (FCEV) components and technologies. Under the new partnership, the world’s fifth-largest auto-making group and the German premium… Continue reading Hyundai Motor Group and Audi Partner in Fuel Cell Technology
Uber Is Testing Longer Waits for Lower Fares
Uber is now beta testing a feature that allows users to wait longer for their ride in exchange for a lower charge. If successful, it could allow the company to have more control over the demand for their product. One Uber employee discovered this new feature when ordering a ride and tweeted about it, as… Continue reading Uber Is Testing Longer Waits for Lower Fares