(ATTN: ADDS Truston Asset Management’s view in paras 12-13) SEOUL, May 17 (Yonhap) — Hyundai Motor Co. President and Chief Executive Lee Won-hee on Thursday came forward to defend the parent conglomerate’s governance overhaul plan amid an escalating campaign of opposition by foreign investors. “We strongly urge our shareholders to give full their support to… Continue reading (LEAD) Hyundai Motor CEO defends group’s overhaul plan amid growing opposition
Tag: Mobility
Shock study for BMW, Daimler and Co .: Chinese carmakers catching up on innovations
All articles and backgrounds 05/17/2018 Shock study for BMW, Daimler and Co. Chinese carmakers are catching up fast on innovations Tom Grünweg Small car from BAIC Autoworkers in the West have long been ridiculing the competition in China – but it is becoming apparent that manufacturers from the People’s Republic could become real challengers. Because… Continue reading Shock study for BMW, Daimler and Co .: Chinese carmakers catching up on innovations
Hyundai Motor CEO defends group’s overhaul plan amid growing opposition
SEOUL, May 17 (Yonhap) — Hyundai Motor Co. President and Chief Executive Lee Won-hee on Thursday came forward to defend the parent conglomerate’s governance overhaul plan amid an escalating campaign of opposition by foreign investors. “We strongly urge our shareholders to give full their support to Hyundai Motor Group’s corporate restructuring plan as it is… Continue reading Hyundai Motor CEO defends group’s overhaul plan amid growing opposition
Europcar’s net profit drops by 86.5% in the first quarter of the year due to the purchase of Goldcar
Posted 05/17/2018 11:47:54 CET SAINT-QUENTIN-EN-YVELINES (FRANCE), 17 May. (EUROPA PRESS) – The French car rental company Europcar Group closed the first quarter of the year with a net profit of 2.5 million euros, which translates into a fall of 86.5% over the same period of the previous year, according to published data by the company.… Continue reading Europcar’s net profit drops by 86.5% in the first quarter of the year due to the purchase of Goldcar
The next generation Sprinter stands for efficient mobility.
The proven van from the brand with the star has always been a pioneer in the market. The third generation of the classic van has now been updated for the digital future. Ulf Zillig is the overall project manager for the Sprinter at Mercedes-Benz Vans. His team ensures that the new Sprinter is developed and… Continue reading The next generation Sprinter stands for efficient mobility.
First glimpse of BMW iNEXT – BMW Group previews Vision Vehicle in 2018.
Munich. At today’s Annual General Meeting, Chairman of the Board of Management of BMW AG, Harald Krüger, unveiled an initial design concept for the BMW iNEXT. The pure-electric BMW iNEXT will be built at Plant Dingolfing from 2021. The company’s new technology flagship incorporates all major strategic areas of innovation in a road-ready vehicle. Harald… Continue reading First glimpse of BMW iNEXT – BMW Group previews Vision Vehicle in 2018.
Volkswagen’s core brand pulls out of Paris auto show
BERLIN (Reuters) – Volkswagen’s (VOWG_p.DE) core autos brand will skip the Paris motor show this year, the company said on Thursday, becoming the latest and most prominent carmaker to ditch the biennial industry gathering in the French capital. FILE PHOTO: A worker shines the grill of a Volkswagen car displayed on media day at the… Continue reading Volkswagen’s core brand pulls out of Paris auto show
Pick up some moving insights into the future of mobility with Gett chief executive Dave Waiser in Tel Aviv
Dave Waiser has been at the forefront of the mobility technology revolution in Israel for the past eight years, ever since he launched Gett in 2010. One of the last companies standing in the ultra-competitive global ride-sharing market, Gett has withstood competition from Didi Chuxing, Grab, Ola, Lyft and Uber and kept pace with those… Continue reading Pick up some moving insights into the future of mobility with Gett chief executive Dave Waiser in Tel Aviv
Exclusive: Intel’s Mobileye gets self-driving tech deal for 8 million cars
JERUSALEM (Reuters) – Mobileye, Intel Corp’s Israel-based autonomous driving unit, has signed a contract to supply eight million cars at a European automaker with its self-driving technologies, a company official told Reuters. A general view of a Mobileye autonomous driving test vehicle, at the Mobileye headquarters in Jerusalem, May 15, 2018. Picture taken May 15,… Continue reading Exclusive: Intel’s Mobileye gets self-driving tech deal for 8 million cars
DENSO Invests in U.S. Startup Metawave to Deliver Smart Radar for Autonomous Cars
KARIYA (Japan) ― DENSO Corporation has taken a stake in Metawave Corporation, a U.S. startup company that develops cutting-edge, millimeter-wave radar sensing technologies to detect vehicles and pedestrians. Metawave announced on May 15, 2018, it raised an additional $10 million from DENSO, Toyota AI Ventures, Hyundai Motor Company, and other strategic investors. DENSO will harness… Continue reading DENSO Invests in U.S. Startup Metawave to Deliver Smart Radar for Autonomous Cars