Bosch’s electromobility strategy at a glance

Mobility Solutions is the largest Bosch Group business sector. According to preliminary figures, its 2017 sales came to 47.4 billion euros, or 61 percent of total group sales. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is accident-free, emissions-free, and stress-free,… Continue reading Bosch’s electromobility strategy at a glance

The go-to partner for electric driving: Bosch’s electromobility strategy

The go-to partner for electric driving: Bosch’s electromobility strategy Statement by Dr. Rolf Bulander,member of the board of management of Robert Bosch GmbH and chairman of the Mobility Solutions business sector,February 28, 2018 Check against delivery. Ladies and gentlemen, I would like to start by taking a look into the not-too-distant future, and the year… Continue reading The go-to partner for electric driving: Bosch’s electromobility strategy

Anne Abboud appointed Senior Vice-President of PSA Retail

Anne Abboud is appointed Senior Vice-President, PSA Retail, effective 1st April 2018. She succeeds Xavier Duchemin appointed Europe Sales Director for Opel and Vauxhall on 1st March 2018. She will report to Jean-Philippe Imparato, Chief Executive Officer of Peugeot and member of Groupe PSA Executive Committee who will take over interim head of PSA Retail… Continue reading Anne Abboud appointed Senior Vice-President of PSA Retail

Volvo Cars bets big on tech start-ups, launches investment fund

Volvo Cars has launched a new investment fund aimed at investing in high potential technology start-ups around the globe. The aim of the Volvo Cars Tech Fund is to invest in strategic technology trends that are transforming the industry, such as artificial intelligence, electrification, autonomous driving and digital mobility services.    The first strategic investment as… Continue reading Volvo Cars bets big on tech start-ups, launches investment fund

Volvo Cars launches investment fund aimed at technology start-ups

Volvo Cars launches investment fund aimed at technology start-ups   Volvo Cars, the premium car maker, has launched a new investment fund aimed at investing in high potential technology start-ups around the globe.   The aim of the Volvo Cars Tech Fund is to invest in strategic technology trends that are transforming the industry, such… Continue reading Volvo Cars launches investment fund aimed at technology start-ups

Aurora raises $90M Series A, adds Reid Hoffman and Mike Volpi to its board

Self-driving car startup Aurora has raised $90 million in a Series A round, with participation from both Greylock Partners and Index Ventures. The new funding adds to its available cash and will make it possible for the young startup to scale more quickly, but Aurora CEO Chris Urmson told me that the most important part… Continue reading Aurora raises $90M Series A, adds Reid Hoffman and Mike Volpi to its board

Xavier Duchemin appointed new Executive Director Sales Opel/Vauxhall Europe

Xavier Duchemin appointed new Executive Director Sales Opel/Vauxhall Europe 2018-02-28 Rüsselsheim.  Opel/Vauxhall has appointed Xavier Duchemin as new Executive Director Sales Opel/Vauxhall Europe effective March 1, 2018. He will succeed Ian Hucker, who will take over the position as Managing Director Peugeot, Citroën, DS Automobiles in Austria and Switzerland. Duchemin was born in 1966 and… Continue reading Xavier Duchemin appointed new Executive Director Sales Opel/Vauxhall Europe

UAW trust move puts GM board seat at risk

Former UAW Vice President Joe Ashton (Photo: General Motors Co.) The United Auto Workers’ retiree health care trust intends to sell 40 million of its shares in General Motors Co., imperiling the trust’s ability to replace retired UAW Vice President Joe Ashton on the automaker’s board of directors. The UAW Retiree Medical Benefits Trust —… Continue reading UAW trust move puts GM board seat at risk

Hyundai’s Kona Electric SUV boasts a 292-mile range

Hyundai Hyundai’s newly bolstered EV strategy might be off to a good start. It just unveiled the Kona Electric, an adaptation of its crossover SUV that promises to combine both ample space with meaningful performance. The base edition’s 186-mile range and 9.3-second 0-62MPH time won’t raise eyebrows, but a long-range version can muster a 292-mile… Continue reading Hyundai’s Kona Electric SUV boasts a 292-mile range

FleetUp Announces New Chief Executive Officer and Raises $20 Million in Funding

MILPITAS, Calif., Feb. 27, 2018 /PRNewswire/ — FleetUp, the premier provider of ELD/HOS compliance solutions for intelligent fleet management, today announced the completion of $20 million in funding led by HUMAX (KOSDAQ listed $1.5B Revenue). In a strategic effort to drive FleetUp’s aggressive business expansion, HUMAX placed its corporate chief strategy officer and president of HUMAX Americas… Continue reading FleetUp Announces New Chief Executive Officer and Raises $20 Million in Funding