General Motors Chairman and CEO Mary Barra told analysts Tuesday GM expects to exceed its 2017 profitability in North America and China. (Photo: Steve Fecht for General Motors) General Motors expects its 2018 profit to be in line with earnings from 2017, details of which it will report Feb. 6. But the automaker will not… Continue reading GM sees 2018 profits roughly equal to 2017 with slightly lower U.S. market
Tag: Mobility
News Release – Magna Debuts Active Air Dam on 2019 Ram Pickup
Industry-first high-volume active air dam Redirects airflow to reduce drag and improve fuel economy Smart actuators deploy the system automatically DETROIT, MI, Jan. 17, 2018 /PRNewswire/ – Magna showed its growing range of active aerodynamic systems at the North American International Auto Show in Detroit, with an active air dam launching on the 2019 Ram… Continue reading News Release – Magna Debuts Active Air Dam on 2019 Ram Pickup
Ghosn Hints He May Leave CEO Role at French Carmaker Renault
Carlos Ghosn opened the door to stepping down as chief executive officer of Renault SA, as the longtime car-industry boss focuses on the Franco-Japanese alliance he built with Nissan Motor Co. and Mitsubishi Motors Corp. Ghosn, who handed over the CEO reins at Nissan last year, retains leadership posts at all three manufacturers while heading… Continue reading Ghosn Hints He May Leave CEO Role at French Carmaker Renault
Magneti Marelli to showcase its latest technology and innovation in electronics, lighting and autonomous vehicles at the North American International Auto Show in Detroit
Magneti Marelli to showcase its latest technology and innovation in electronics, lighting and autonomous vehicles at the North American International Auto Show in Detroit · Integrated sensors, cameras, radar and LiDAR in headlamps and tail lamps · Live sensor fusion demo available through “ride and drive” experience · In-booth networking reception on Industry Preview Days… Continue reading Magneti Marelli to showcase its latest technology and innovation in electronics, lighting and autonomous vehicles at the North American International Auto Show in Detroit
Grab announces acquisition of Bangalore-based payments startup iKaaz
Bangalore, 17 January 2018 – Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia, today announced it has acquired Bangalore-based payments startup iKaaz. The rich functionality of iKaaz’ mobile payments platform and its experienced leadership team will accelerate feature development and partner integration of GrabPay, Grab’s payments platform. Already Southeast Asia’s #1… Continue reading Grab announces acquisition of Bangalore-based payments startup iKaaz
Roland Berger Quarterly Index Automated Vehicles 4/2017
Every three months, Roland Berger’s quarterly index on autonomous driving appears. The reports analyze the market and put it in a country-specific comparison. In the last years especially dominated Germany, the USA and increasingly Japan, Assistance systems & sensors at Continental. Source: Conti For the past quarter Roland Berger reports above all the rise of… Continue reading Roland Berger Quarterly Index Automated Vehicles 4/2017
Ford Cutting Loose From Cars After Years of Missing Margin Goal
Ford Motor Co., the more than century-old company that was first to make cars for the masses, is calling off its pursuit of everyman sedan buyers. The company responsible for putting the world on wheels with Henry Ford’s then-innovative assembly line will pivot away from being a full-line automaker, shrinking its passenger-car lineup and shifting… Continue reading Ford Cutting Loose From Cars After Years of Missing Margin Goal
Volkswagen Group deliveries reach all-time high
The Volkswagen Group delivered more vehicles than ever before in fiscal year 2017: 10.74 million customers worldwide chose a vehicle from the Volkswagen Group. As a result, Group deliveries rose 4.3 percent compared with the previous year. At almost one million units, deliveries in December were up by a clear 8.5 percent. Matthias Müller, CEO of the… Continue reading Volkswagen Group deliveries reach all-time high
Geely-backed Chinese Ride-Sharing Firm Caocao Zhuanche Raises $156M Series A Round At $1.6B Valuation
Caocao Zhuanche, an electric vehicle sharing company backed by Chinese automaker Geely, has completed a RMB1 billion (US$156 million) series A round from various investors, at a valuation of over RMB10 billion (US$1.6 billion), according to its official Weibo account. The identity of investors in the round was not disclosed. Launched in 2015, Hangzhou-based Caocao… Continue reading Geely-backed Chinese Ride-Sharing Firm Caocao Zhuanche Raises $156M Series A Round At $1.6B Valuation
INFINITI Q Inspiration named ‘Best Concept Vehicle’ and awarded ‘Best Designed Interior’ at 2018 NAIAS by EyesOn Design
The Q Inspiration Concept explores a new design language and new proportions for INFINITI DETROIT – The INFINITI Q Inspiration Concept today was named “Best Concept Vehicle” and also awarded “Best Designed Interior” by EyesOn Design at the 2018 North American International Auto Show. The Q Inspiration concept, a preview of INFINITI’s future form language… Continue reading INFINITI Q Inspiration named ‘Best Concept Vehicle’ and awarded ‘Best Designed Interior’ at 2018 NAIAS by EyesOn Design