@BMW: Norbert Reithofer re-elected Chairman of Supervisory Board

Munich. The current Chairman of the Supervisory Board of BMW AG, Dr.-Ing. Norbert Reithofer, has been re-elected to the Supervisory Board for a mandate period of five years at today’s Annual General Meeting. At a meeting of the Supervisory Board held after the shareholders’ meeting, he was also re-elected as its chairman. Reithofer has been… Continue reading @BMW: Norbert Reithofer re-elected Chairman of Supervisory Board

BMW Group Selects NVIDIA to Redefine Factory Logistics

SANTA CLARA, Calif., May 14, 2020 (GLOBE NEWSWIRE) — GTC 2020 — BMW Group has selected the new NVIDIA Isaac™ robotics platform to enhance its automotive factories — utilizing logistics robots built on advanced AI computing and visualization technologies, the companies announced today.The collaboration centers on implementing an end-to-end system based on NVIDIA technologies — from… Continue reading BMW Group Selects NVIDIA to Redefine Factory Logistics

@Ford: Collaboration Is Key to Putting Self-Driving Cars Back on the Street

By Don Conroy, Director of Operations, Ford Autonomous Vehicles LLC Safety is first and foremost ingrained in everything we do at Ford — a commitment that knows no boundaries. That means whether you work at our manufacturing facilities or self-driving vehicle terminals, every effort is being made to help create a safe operating environment for Ford employees and… Continue reading @Ford: Collaboration Is Key to Putting Self-Driving Cars Back on the Street

Wall Street loves the idea of Uber buying its competitor Grubhub, but analysts warn getting the deal done amid a pandemic won’t be easy (UBER, GRUB)

Almost as quickly as GrubHub’s stock price skyrocketed following reports Uber had made a takeover bid, so too came the backlash. The potential deal would create a delivery megalith with market share well over 50% in major cities, but also represents a “new low in pandemic profiteering,” as David Cicilline, a congressman and head of… Continue reading Wall Street loves the idea of Uber buying its competitor Grubhub, but analysts warn getting the deal done amid a pandemic won’t be easy (UBER, GRUB)

@Geely: German companies rely on LEVC TX as Coronavirus outbreak continues

30 March 2020, Germany German mobility providers are increasingly relying on LEVC’s electric TX taxi and TX shuttle vehicles for their operations during the Coronavirus outbreak. The TX model has a glass partition between the driver and passenger compartments as standard, which completely separates the two areas. The large doors open into a safe passenger… Continue reading @Geely: German companies rely on LEVC TX as Coronavirus outbreak continues

Silvercar by Audi Enables Responsible Travel with Contactless Features and Services

AUSTIN, Texas, May 14, 2020 /PRNewswire/ — Finally, rental car customers are going to get what they need and what they deserve. Silvercar by Audi is helping customers prepare for the “new normal” in travel with the roll out of Contactless Rental and Delivery to You service. As part of its Responsible Travel initiative, these expanded… Continue reading Silvercar by Audi Enables Responsible Travel with Contactless Features and Services

@BMW: Statement and Presentation by Oliver Zipse, Chairman of the Board of Management of BMW AG, 100th Annual General Meeting in Munich on 14th May 2020

100th Annual General Meeting of BMW AG A future built on Action, Flexibility, Responsibility.     BMW AG’s 100th Annual General Meeting! That, dear Shareholders, says a lot about your company. It is strong and robust. Adaptable and innovative. It takes a stance and acts accordingly – in a responsible manner. That is how BMW… Continue reading @BMW: Statement and Presentation by Oliver Zipse, Chairman of the Board of Management of BMW AG, 100th Annual General Meeting in Munich on 14th May 2020

Press Releases – Automotive CEOs and European Commission discuss recovery plan that bolsters economy and Green Deal

Brussels, 14 May 2020 – CEOs from across the automotive value chain came together for a meeting with the European Commission to align on the priorities for a solid recovery plan for the automotive sector, with a view to stimulating the wider economy and bolstering the transformation to a carbon-neutral society. CEOs of vehicle manufacturers… Continue reading Press Releases – Automotive CEOs and European Commission discuss recovery plan that bolsters economy and Green Deal

Uber: Uber Announces Pricing of Upsized $900 Million Senior Notes Offering

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced the pricing of $900 million principal amount of 7.500% Senior Notes due 2025 (the “notes”). The principal amount of the offering was increased from the previously announced offering size of $750 million. The notes are being offered only to persons reasonably believed to be qualified institutional… Continue reading Uber: Uber Announces Pricing of Upsized $900 Million Senior Notes Offering