“At present, we are witnessing how the markets are collapsing overnight,” said ZF CEO Wolf-Henning Scheider on Thursday in Friedrichshafen. “At ZF, we have reacted quickly and decisively to the spread of the coronavirus and have prioritized the health and interests of our employees in line with those of the company in the best way… Continue reading Press: ZF 2019 financial results: New orders and high investments ready ZF to face a difficult market environment
Tag: Mobility
@Groupe PSA: Together Against the Corona Crisis: Opel Supports Dealer Partners
Set of measures decided in close cooperation with dealerships and Opel Bank Numerous processes to improve ability to act and competitiveness Andreas Marx, Head of Opel Germany: Pragmatic solutions in this challenging situation Rüsselsheim. Given the challenges associated with the continued dynamic spread of the coronavirus, Opel is supporting its dealer partners in Germany with… Continue reading @Groupe PSA: Together Against the Corona Crisis: Opel Supports Dealer Partners
Uber’s CEO welcomed a $2 trillion stimulus bill that would finally let US drivers claim unemployment insurance
The Senate on Wednesday passed its $2 trillion coronavirus economic bailout bill, which included provisions that would make gig-economy workers eligible for unemployment insurance. Uber CEO Dara Khosrowshahi welcomed the bill, and said he hoped the government would pass more laws in future making contract workers eligible for further benefits. Uber has always fought vehemently… Continue reading Uber’s CEO welcomed a $2 trillion stimulus bill that would finally let US drivers claim unemployment insurance
Helm.ai raises $13M on its unsupervised learning approach to driverless car AI
Four years ago, mathematician Vlad Voroninski saw an opportunity to remove some of the bottlenecks in the development of autonomous vehicle technology thanks to breakthroughs in deep learning. Now, Helm.ai, the startup he co-founded in 2016 with Tudor Achim, is coming out of stealth with an announcement that it has raised $13 million in a… Continue reading Helm.ai raises $13M on its unsupervised learning approach to driverless car AI
@VW Group: ŠKODA G-TEC models “make an important, additional contribution to reducing CO2 emissions”
What role will natural gas (CNG) play in ŠKODA’s fuel/energy mix over the coming years? Philip Paul: Even though electric mobility will be the leading technology over the next few years, CNG technology is set to make an important, additional contribution to reducing CO₂ emissions. It’s cleaner, with fuel costs lower than those of conventional… Continue reading @VW Group: ŠKODA G-TEC models “make an important, additional contribution to reducing CO2 emissions”
@Toyota: Toyota Tsusho Canada invests in Velocia Inc., a Mobility-rewards Platformer-Mobility as a Service (MaaS) investment in North America from Toyota Tsusho Canada to accelerate next generation mobility-
2020-03-25 Toyota Tsusho Canada (TTCI), a Canadian Corporation and a Toyota Tsusho Corporation’s overseas subsidiary, has invested in Velocia on February 2020 to accelerate development and expansion of Velocia’s MaaS ecosystem and rewards programs. Velocia is a free mobility app that rewards multimodal transit use in cities, incentivizing users to leave their cars at home… Continue reading @Toyota: Toyota Tsusho Canada invests in Velocia Inc., a Mobility-rewards Platformer-Mobility as a Service (MaaS) investment in North America from Toyota Tsusho Canada to accelerate next generation mobility-
@Toyota: Toyota Research Institute Launches Research Into Understanding and Predicting Human Behavior for Decision Making
Machine Assisted Cognition program to explore use of AI in augmenting human cognitive abilities LOS ALTOS, Calif., March 25, 2020 – The Toyota Research Institute (TRI) is expanding its exploratory research with the launch of Machine Assisted Cognition (MAC), a new initiative to develop and demonstrate artificial intelligence tools that can understand and predict human… Continue reading @Toyota: Toyota Research Institute Launches Research Into Understanding and Predicting Human Behavior for Decision Making
Broken partnership: mobility service Gett claims high compensation from VW
Volkswagen and Gett Matthias Müller (left), then Chairman of the Board of Management of Volkswagen AG, and Shahar Waiser, founder and head of the travel agent Gett, will announce a comprehensive cooperation in Berlin in summer 2016. (Photo: dpa) Düsseldorf It should be a large and comprehensive collaboration. Quit almost four years ago Volkswagen and… Continue reading Broken partnership: mobility service Gett claims high compensation from VW
Daimler CEO Says Automaker Has No Need For State Aid – CarScoops
Unlike some carmakers, Daimler is currently not in need of additional funds, and therefore will not apply for state aid, despite having to halt production at its major plants in Europe recently. “Daimler currently has no need for state aid. Generally speaking, the industry had a very good order intake before the crisis,” said company… Continue reading Daimler CEO Says Automaker Has No Need For State Aid – CarScoops
@GM: General Motors Fortifies Balance Sheet in Response to COVID-19 DETROIT – General Motors (NYSE:GM) announced today that it intends to drawdown appro…
Terms & Conditions LEGAL NOTICES PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS SITE THIS WEB SITE (THE “SITE”) IS PROVIDED BY GM FOR INFORMATIONAL PURPOSES ONLY. BY USING THE SITE, OR BY DOWNLOADING MATERIALS FROM THIS SITE, YOU AGREE TO ABIDE AND BE BOUND BY THE TERMS AND CONDITIONS CONTAINED BELOW AND ELSEWHERE WITHIN… Continue reading @GM: General Motors Fortifies Balance Sheet in Response to COVID-19 DETROIT – General Motors (NYSE:GM) announced today that it intends to drawdown appro…