Companies to collaborate on building unique fleet and jointly explore mobility solutions in global markets Strategic partnership also aims to develop EVs and charging infrastructure customized for Indian market Partnership to nurture micro-entrepreneurship opportunities by providing access to customized Hyundai and Kia vehicles as well as financing and insurance benefits for driver-partners Hyundai Motor Group… Continue reading Hyundai and Kia Invest $300m in India’s Largest Mobility Service Provider Ola
Tag: Strategy
GM Cruise snags Dropbox HR head to hire at least 1,000 engineers by end of year
GM Cruise plans to hire hundreds of employees over the next nine months, doubling its engineering staff, TechCrunch has learned. It’s an aggressive move by the autonomous vehicle technology company to double its size as it pushes to deploy a robotaxi service by the end of the year. Arden Hoffman, who helped scale Dropbox, will… Continue reading GM Cruise snags Dropbox HR head to hire at least 1,000 engineers by end of year
Suzuki appoints new franchised dealership in Knutsford
Suzuki GB PLC has appointed Mangoletsi, one of the UK’s longest established and privately-owned automotive retailers, to operate its third franchised car dealership in Cheshire. Situated near Knutsford, Mangoletsi Suzuki will serve motorists in the core catchment areas of South Manchester, Stockport and Macclesfield. The site features an on-site workshop and smart repair facilities, which… Continue reading Suzuki appoints new franchised dealership in Knutsford
Workhorse Group Reports Fourth Quarter and Full Year 2018 Results
CINCINNATI, March 18, 2019 /PRNewswire/ — Workhorse Group Inc. (NASDAQ:WKHS) (“Workhorse” or “the Company”), an American technology company focused on providing sustainable and cost-effective electric-mobility solutions to the transportation sector, today reported financial results for the fourth quarter and full year ended December 31, 2018. Full Year 2018 and Recent Operational Highlights by Product Trucks… Continue reading Workhorse Group Reports Fourth Quarter and Full Year 2018 Results
GM considers options for its Lyft stake following IPO
DETROIT (Reuters) – As Lyft Inc cruises toward an initial public offering this month, one of the big winners will be General Motors Co, whose stake in the ride-hailing firm could be worth as much as $1.27 billion. The GM logo is seen at the General Motors plant in Sao Jose dos Campos, Brazil, January… Continue reading GM considers options for its Lyft stake following IPO
BMW Group publishes Sustainable Value Report 2018.
Munich. The BMW Group made further progress in shaping sustainable mobility last year, as documented by its new Sustainable Value Report 2018. The report will be released on 20 March 2019 to coincide with publication of the company’s Annual Report 2018 and will also be available online from this date. It provides information on current… Continue reading BMW Group publishes Sustainable Value Report 2018.
Car manufacturers: dispute at Opel escalates – employee representatives reject negotiations with Segula
Protests against sales plans in December 2018 2,000 of the 7,000 engineers currently employed by Opel at its headquarters in Rüsselsheim are to be outsourced to Segula by the summer of 2019. (Photo: AP) MunichThe managers of Opel and Segula agree: your project is a “triple win”. Everyone will benefit: the hessian automaker, the French… Continue reading Car manufacturers: dispute at Opel escalates – employee representatives reject negotiations with Segula
Fight for 2000 Jobs: Dispute at Opel escalates – no negotiations with Segula
Protests against sales plans in December 2018 2000 of the 7000 engineers that Opel currently employs at its headquarters in Rüsselsheim are to be outsourced to Segula by the summer of 2019. (Photo: AP) MunichThe managers of Opel and Segula agree: your project is a “triple win”. Everyone will benefit: the hessian automaker, the French… Continue reading Fight for 2000 Jobs: Dispute at Opel escalates – no negotiations with Segula
Car industry: VW boss Diess brings auto suppliers against him
Herbert dies The VW boss sees in electromobility the sole future of the car industry. (Photo: Bloomberg) StuttgartVolkswagen-Boss Herbert dies mastered an art that was previously only Ferdinand Piëch’s own in Wolfsburg – with just a few words to pique the entire industry. “Open technology is now the wrong slogan and leads to move the… Continue reading Car industry: VW boss Diess brings auto suppliers against him
After significant adverse factors in 2018 financial year: Audi accelerates its realignment
Audi restart: Against the background of the transformation of the automotive industry, the Four Rings want to make use of available potential with a new, focused strategy. Audi is thus also drawing conclusions from its unsatisfactory performance in 2018. Impacted primarily by the changeover to WLTP, operating profit before special items amounted to €4.7 billion.… Continue reading After significant adverse factors in 2018 financial year: Audi accelerates its realignment