The negotiating committees of Volkswagen AG and the IG Metall trade union have today continued their pay negotiations in Hanover. Martin Rosik, the leader of the Volkswagen committee and Head of Human Resources of the Volkswagen brand, said after the meeting: “At today’s meeting, we offered to increase pay by two percent for 12 months… Continue reading 2018 pay negotiations at Volkswagen continued
Tag: Strategy
Audi opens reservations with deposits for its two new e-tron vehicles (quattro and sportback) in more markets
With the imminent launch of the production version of the new e-tron quattro later this year, Audi is opening up reservations with deposits for the vehicle to new markets and it is adding the new all-electric e-tron sportback to the mix. Home Solar Power The German automaker had already opened reservations in a few markets,… Continue reading Audi opens reservations with deposits for its two new e-tron vehicles (quattro and sportback) in more markets
Grab, Uber’s rival in Southeast Asia, pulls in strategic investment from Hyundai
Grab, Uber’s closest rival in Southeast Asia, continues to slowly release information about its newest funding round after it revealed it has netted a strategic investment from Hyundai. To recap, the Singapore-based firm raised a massive $2 billion led by SoftBank and China’s Didi Chuxing last July with plans to extend the round by a… Continue reading Grab, Uber’s rival in Southeast Asia, pulls in strategic investment from Hyundai
Nissan and NASA extend research into autonomous mobility services
Update to research agreement will help Nissan develop the technology for prototype transportation services LAS VEGAS – Today at CES 2018, Nissan North America, Inc., the U.S.-based subsidiary of Nissan Motor Co. Ltd., announced an agreement with NASA Ames Research Center in California’s Silicon Valley to collaborate on research and technology development for future autonomous… Continue reading Nissan and NASA extend research into autonomous mobility services
BMW Group and Codelco agree on cooperation to establish the Responsible Copper Initiative.
The BMW Group and the Chilean copper mining company Codelco have signed an agreement to cooperate on a sustainable and transparent supply of copper. From the mining of the metal to installation in the automobile, Codelco and the BMW Group will form the start and end point in the copper supply chain and thus create… Continue reading BMW Group and Codelco agree on cooperation to establish the Responsible Copper Initiative.
Hyundai Motor and Grab Sign Strategic Partnership to Expand Mobility Service
SEOUL, South Korea and SINGAPORE, Jan. 10, 2018 /PRNewswire/ — Hyundai Motor Company, South Korea’s largest automaker, and Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia, today announced a strategic partnership that will expand Hyundai’s innovative future mobility services in Southeast Asia. The strategic partnership will help Hyundai explore new opportunities in the… Continue reading Hyundai Motor and Grab Sign Strategic Partnership to Expand Mobility Service
Kia Spain chooses Cetelem as its financier
Kia Motors Iberia reported today that it has reached an agreement with Cetelem Spain, a subsidiary of BNP Paribas, so that it will be in charge of financing the sale of its vehicles in the next three years (starting in 2018). Kia Motors Iberia has a network of eighty-one dealers in Spain. On January 4,… Continue reading Kia Spain chooses Cetelem as its financier
Sale of BOSCH division for starter motors and generators completed: SEG AUTOMOTIVE starts its journey into the future
NOVI, Mich., Jan. 10, 2018 /PRNewswire/ — The well-established starter motor and generator division of the Bosch Group has completed its transition to an independent company: it will operate under the name SEG Automotive, effective immediately, including the local division SEG Automotive North America. The new name is testimony to over a century of history in… Continue reading Sale of BOSCH division for starter motors and generators completed: SEG AUTOMOTIVE starts its journey into the future
Groupe Renault is preparing the mobility services of the future with the Alliance Ventures fund
Wednesday 10 January 2018 by Emmanuel GENTY – Corporate Emmanuel GENTY Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest On 9 January 2018 at the salon CES in Las Vegas, Carlos Ghosn, Chairman and CEO of Renault-Nissan-Mitsubishi, announced the creation of Alliance Ventures, a corporate venture capital fund that will invest… Continue reading Groupe Renault is preparing the mobility services of the future with the Alliance Ventures fund
NVIDIA Announces World’s First Functionally Safe AI Self-Driving Platform
LAS VEGAS, Jan. 10, 2018 — CES — NVIDIA today unveiled details of its functional safety architecture for NVIDIA DRIVE™, its AI autonomous vehicle platform, which uses redundant and diverse functions to enable vehicles to operate safely, even in the event of faults related to the operator, environment or systems. The NVIDIA DRIVE architecture enables automakers… Continue reading NVIDIA Announces World’s First Functionally Safe AI Self-Driving Platform