Uber suffers further setback from Europe’s top court

This isn’t really surprising if you’ve been following Uber’s legal woes. But the Court of Justice of the European Union has confirmed to Uber France that Uber is operating a transportation company. Member countries can prohibit or punish Uber in their own countries without involving the European Union. Over the past few years, Uber has… Continue reading Uber suffers further setback from Europe’s top court

Visteon’s SmartCore™ Cockpit Domain Controller Wins Automotive News PACE Award

Visteon’s SmartCore™ Cockpit Domain Controller Wins Automotive News PACE Award VAN BUREN TOWNSHIP, Mich., April 10, 2018 — Visteon Corporation (Nasdaq: VC), a leading cockpit electronics technology supplier, has been awarded an Automotive News PACE Award for its industry-first cockpit domain controller platform, SmartCore™. The PACE Awards, announced April 9 in Detroit, honor innovation, technological… Continue reading Visteon’s SmartCore™ Cockpit Domain Controller Wins Automotive News PACE Award

Ally and Fair Announce Strategic Alliance

DETROIT, April 10, 2018 /PRNewswire/ — Ally Financial Inc. and Fair today announced a strategic relationship in which Fair will use Ally’s SmartAuction as a remarketing solution for its returned cars, and offer consumers flexible car financing powered by Ally’s Clearlane program. Under the agreement, vehicles returned to Fair as a result of a customer exiting… Continue reading Ally and Fair Announce Strategic Alliance

NEWSMAKER-Cost-cutter Diess seen driving change as Volkswagen CEO

FRANKFURT, April 10 (Reuters) – Loved by investors and prepared to take on trade unions, Volkswagen brand boss Herbert Diess is likely to finally get his chance to lead Germany’s biggest carmaker which is expected to change faster under his cost-cutting style. Diess is known for squeezing more savings out of suppliers than fellow managers… Continue reading NEWSMAKER-Cost-cutter Diess seen driving change as Volkswagen CEO

Alphabet’s Waymo Takes a Page Out of Google’s Android Playbook

When Google set out to tackle the smartphone market with its Android operating system, it picked off the more vulnerable subscale brands with little software expertise. Within three years, those phone makers had surged up the sales charts to become the biggest players. At the time of Android’s launch in 2008, Samsung Electronics Co. Ltd. and… Continue reading Alphabet’s Waymo Takes a Page Out of Google’s Android Playbook

Germany May Inflict More Diesel Pain on Carmakers

Germany is preparing to take another run at shoring up diesel as it seeks to balance efforts to improve urban air quality with concerns about lost jobs from the technology’s decline. Transport Minister Andreas Scheuer signaled automakers including Volkswagen AG and BMW AG could be hit with more painful measures to reduce smog-causing emissions, while… Continue reading Germany May Inflict More Diesel Pain on Carmakers

Alibaba-backed Electric Vehicle Maker Xiaopeng Plans $2.7B Funding For Expansion

Alibaba-backed Chinese electric vehicle maker Xiaopeng Motors plans to raise RMB17 billion (US$2.7 billion) this year to expand its business, its CEO He Xiaopeng said in an interview at the Boao Forum in China. The news came two months after the firm raised RMB2.2 billion (US$348 million) in a series B round led by Alibaba… Continue reading Alibaba-backed Electric Vehicle Maker Xiaopeng Plans $2.7B Funding For Expansion

car2go publishes White Paper

E-carsharing plays an important role for the breakthrough of electric mobility The operation of carsharing fleets provides valuable knowledge for the overall further development of electric mobility  Stuttgart – Electric carsharing gives new impetus for the breakthrough of electric vehicles. car2go, the global market leader in the free-floating carsharing sector, today published a White Paper… Continue reading car2go publishes White Paper

An electric car starts to be profitable from 15,000 kilometers a year, according to Rastreator.com

Posted 10/04/2018 11: 37: 26CET MADRID, 10 Apr (EUROPA PRESS) – An electric car, on average, starts to be profitable “with a minimum of 15,000 kilometers per year”, according to the ‘IV Online Comparison Study for Smart Savings’ carried out by the ‘online’ comparator Rastreator.com, which shows that 43% of the population is reluctant to… Continue reading An electric car starts to be profitable from 15,000 kilometers a year, according to Rastreator.com

Magna Steyr to develop smart EV architecture for China’s BAIC Group

The agreement was signed on April 8 in Beijing between Günther Apfalter, president, Magna Europe and Magna Steyr, and Xu Heyi, chairman of BAIC Group. The BAIC Group (Beijing Automotive Industry Holding Co) of China and Magna have announced that they will jointly develop a next-generation smart electric vehicle architecture for the Chinese market. China… Continue reading Magna Steyr to develop smart EV architecture for China’s BAIC Group