TEMPE, Ariz. (Reuters) – The family of a woman killed by an Uber Technologies Inc self-driving vehicle in Arizona has reached a settlement with the ride services company, ending a potential legal battle over the first fatality caused by an autonomous vehicle. Cristina Perez Hesano, an attorney with the firm of Bellah Perez in Glendale,… Continue reading UPDATE 4-Uber avoids legal battle with family of autonomous vehicle victim
Tag: Mobility
Where’s Super Cruise in Cadillac’s two new cars?
Finally, Cadillac has an SUV to rival popular small luxury rivals such as the BMW X1 and Land Rover Range Rover Evoque. Based on the fact that SUVs are about the only Cadillacs anyone is buying these days, the 2019 XT4 should help get more foot traffic in showrooms. There’s just one thing: you can’t… Continue reading Where’s Super Cruise in Cadillac’s two new cars?
Uber Settles with Family of AV Crash Victim
Uber has reached a settlement with the family of Elaine Herzberg, the 49-year-old woman struck and killed by one of Uber’s autonomous vehicles (AVs) on March 18. The terms of the Uber settlement were not disclosed. Click to View Full Infographic “The matter has been resolved,” the family’s lawyer Cristina Perez Hesano told Reuters. The… Continue reading Uber Settles with Family of AV Crash Victim
Alibaba’s Mapping Unit AutoNavi Declares War On Didi Via Launch Of Carpooling Business
Alibaba’s mapping unit, AutoNavi Holdings Ltd. also known as Gaode Map, has launched its own carpooling business, starting in Chengdu and Wuhan initially with plans to roll out nationally. In a move that declares war to existing ride sharing leader Didi Chuxing, AutoNavi’s expansion into the shared mobility space further complicates a sector that was… Continue reading Alibaba’s Mapping Unit AutoNavi Declares War On Didi Via Launch Of Carpooling Business
An under-the-radar crisis is brewing at Tesla — and it signals a tough road ahead
Larry Busacca / Getty Images for The New York Times Tesla’s stock has come under serious pressure, falling 25% in just over two weeks as multiple negative headwinds have culminated at once. But another Tesla-related sell-off is occurring under the radar that should also have investors in the company worried. If you’ve followed the stock… Continue reading An under-the-radar crisis is brewing at Tesla — and it signals a tough road ahead
Hyundai streamlines governance structure for M&As, build up core business
SEOUL, March 29 (Yonhap) — Hyundai Motor Group’s plan to streamline its governance structure among affiliates will pave the way for future mergers and acquisitions and help it focus on its mainstay car manufacturing business, local analysts here said Thursday. On Wednesday, the country’s biggest carmaker announced it will spin off the module manufacturing and… Continue reading Hyundai streamlines governance structure for M&As, build up core business
Daimler-BMW mobility venture aims to be global player – Daimler CFO
STUTTGART: Daimler and BMW‘s new joint mobility services division aims to become a global player through both organic growth and acquisitions, Daimler Chief Financial Officer Bodo Uebber said on Thursday. “We want to grow significantly and we are in a position to handle large acquisitions,” Uebber said. The two leading German luxury carmakers unveiled plans… Continue reading Daimler-BMW mobility venture aims to be global player – Daimler CFO
Nissan and Renault in merger talks, says report
Industry by Sam Sheehan, Autocar UK Mar 29, 2018 Renault and Nissan already share platforms and technology in their cars Nissan and Renault are in talks about merging to create one new company, according to reports by business news agency Bloomberg. The Japanese and French car makers have been in an alliance since 1999, with Mitsubishi joining in 2016,… Continue reading Nissan and Renault in merger talks, says report
Nissan and Renault could merge to form one company, says report
Nissan and Renault are in talks about merging to create one new company, according to reports by business news agency Bloomberg. The Japanese and French car makers have been in an alliance since 1999, with Mitsubishi joining in 2016, helping the trio to overtake the Volkswagen Group as the largest car company in the world. But… Continue reading Nissan and Renault could merge to form one company, says report
Press Release – Magna Posts 2017 Annual Report
Please click HERE for a PDF version of the release. AURORA, Ontario, March 28, 2018 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) today announced that its 2017 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. … Continue reading Press Release – Magna Posts 2017 Annual Report