Dumped Cars, EV Dreams: What We Learned at the Detroit Auto Show

The auto industry is undergoing the most upheaval since the advent of Henry Ford’s assembly line. The changes were as evident as the meteor and sonic boom that rattled the frigid city of Detroit this week. The rise of autonomy and electrification and an exodus by Detroit’s hometown automakers from car segments loomed large at… Continue reading Dumped Cars, EV Dreams: What We Learned at the Detroit Auto Show

Google, Temasek to join as new investors in Go-Jek’s $1.2b funding round

January 18, 2018 Alphabet Inc’s Google , Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said. Go-Jek’s existing investors such as global private equity firms KKR & Co LP and Warburg Pincus LLC are also… Continue reading Google, Temasek to join as new investors in Go-Jek’s $1.2b funding round

BMW CEO Krüger attacks Mercedes: “In 2020, we’ll be number one again in sales”

All articles and backgrounds 01/18/2018 BMW CEO Krüger attacks Mercedes “2020, we will be number one again in sales” AFP BMW boss Harald Krüger The BMW CEO Harald Krüger has announced the competitors Mercedes the loss of the top spot. “In 2020, we will again be the number one in sales and I will commit… Continue reading BMW CEO Krüger attacks Mercedes: “In 2020, we’ll be number one again in sales”

Mvix Launches App for Displaying Uber and Lyft on Digital Signs

STERLING, Va., Jan. 18, 2018 /PRNewswire/ — Mvix, a leading provider of content-rich digital signage software and solutions, announced the launch of a custom Rideshare app for displaying Uber and Lyft directly on digital signage screens. The Rideshare app uses the customer’s address as the pickup location and displays custom, localized information, such as: The app… Continue reading Mvix Launches App for Displaying Uber and Lyft on Digital Signs

Lucie Vigier Appointed Head of Corporate Finance and Treasury

With effect from February 1st 2018, Lucie Vigier is appointed Head of Corporate Finance and Treasury. She will report to Jean Baptiste de Chatillon, CFO and Member of the Managing Board. Lucie Vigier joined the Groupe PSA in 1990 and was previously appointed Head of Corporate finance in 2012, with remarkable achievements. She contributed to… Continue reading Lucie Vigier Appointed Head of Corporate Finance and Treasury

Uber partners with taxi firm ComfortDelGro for new Singapore service

SINGAPORE (Reuters) – Uber Technologies [UBER.UL] and Singapore’s top taxi operator ComfortDelGro Corp Ltd will launch a new ride-hailing service in Singapore from Friday, as they team up against their key regional rival Grab. UberFLASH, that will connect riders to drivers closest to them – either a private vehicle or a taxi, is the first… Continue reading Uber partners with taxi firm ComfortDelGro for new Singapore service

PSA shows (strong) ambitions in the electric

For PSA, the future will be electric. Strong results in 2017, The Lion brand announced Wednesday that it would propose by 2025 an electric version of its entire range of vehicles, to continue to position itself in a buoyant segment. Speaking at the Automotive News World Congress in Detroit, Carlos Tavares assured that by 2025… Continue reading PSA shows (strong) ambitions in the electric

Car Entertainment: Carplay in the BMW just to get a subscription

CarPlay is only available for a monthly fee (Image: BMW) BMW demands for the Carplay supportthat customers buy a navigation system and complete a paid subscription to use Apple’s mobile interface. Carplay displays important information of selected iOS apps on the internal vehicle display. In addition, motorists can use Siri to call someone, listen to… Continue reading Car Entertainment: Carplay in the BMW just to get a subscription

France’s PSA Group to offer 40 electric vehicles by 2025

CLOSE Lamborghini unveils the 2019 Lamborghini Urus SUV at the Museum of Contemporary Art Detroit in Detroit, Monday, Jan. 15, 2018. Junfu Han, Detroit Free Press PSA Peugeot Citroen Chief Executive Carlos Tavares arrives to deliver his speech during the presentation of the company’s 2016 full year results, in Paris, Thursday, Feb.23, 2017. (Photo: Christophe… Continue reading France’s PSA Group to offer 40 electric vehicles by 2025

BMW Ranks First, Subaru Rated Worst in Survey by Climate Lobby

As automakers pour billions of dollars into preparing for electric vehicles and stricter emission controls, among other changes in the industry, an environmental lobby has handed out progress reports. The Carbon Disclosure Project ranked responses from 16 manufacturers on three main issues: Progress towards meeting emissions standards Strategies on using self-driving technology and renewable energies Management incentives… Continue reading BMW Ranks First, Subaru Rated Worst in Survey by Climate Lobby