A woman walks past a sign of station for Didi Chuxing in Beijing, China January 2, 2019. REUTERS/Jason Lee SHANGHAI (Reuters) – Chinese ride-hailing giant Didi Chuxing said on Thursday that it had launched services in Chile and Colombia, as part of its push into Latin America. The company kicked off operations of Didi Express… Continue reading China’s Didi Chuxing starts ride-hailing services in Chile, Colombia
Tag: Mobility
Fiat Chrysler withdraws bid for Renault
Fiat Chrysler has withdrawn its merger proposal for French carmaker Renault, the Italian-American firm has said. The announcement followed a failed attempt by Renault board members to reach a decision on the offer. Renault said it had been unable to reach agreement because French government representatives had requested a postponement. The French government is the… Continue reading Fiat Chrysler withdraws bid for Renault
The Fiat Chrysler-Renault merger is dead over suboptimal ‘political conditions’
A proposed merger between Fiat Chrysler-Renault, which would have created the third largest global automaker, is off. Fiat Chrysler Automobiles withdrew its offer, The Wall Street Journal reported. FCA confirmed to TechCrunch that it has withdrawn its offer, largely due to political conditions. “FCA remains firmly convinced of the compelling, transformational rationale of a proposal… Continue reading The Fiat Chrysler-Renault merger is dead over suboptimal ‘political conditions’
Sources: Bird is in talks to acquire scooter startup Scoot
If you are among those who thought that the scooter market sounded a little overhyped and overcrowded, we’ve gotten wind of a deal that could point to some impending consolidation. The on-demand scooter business Bird has agreed to acquire Scoot, a smaller two-wheeled mobility startup, sources tell TechCrunch. The stage of the negotiations is not clear… Continue reading Sources: Bird is in talks to acquire scooter startup Scoot
Building the future of mobility with Luxoft
Building the future of mobility with Luxoft MapboxBlockedUnblockFollowFollowingJun 5 By: Alex Barth Mapbox is focused on enabling developers and car makers to build sophisticated AI and AR in-car applications, with maps that understand the driver’s environment from both a street-level perspective and a bird’s-eye view. We are excited to expand our relationship with Luxoft to accelerate… Continue reading Building the future of mobility with Luxoft
Mobike, Hellobike, Didi allowed to bring new bikes in Guangzhou
Jun 5, 2019 2 min read A commuter rides past a row of shared bicycles in Shanghai on March 22, 2019. (Image credit: TechNode/Cassidy McDonald) Guangzhou has become the first Chinese municipal government to reverse a ban on additional rental bikes, the popularity of which resulted in tangles of broken frames littering major cities. The… Continue reading Mobike, Hellobike, Didi allowed to bring new bikes in Guangzhou
Cadillac adds 70,000 miles to its Super Cruise hands-free driving maps
Sponsored Links Cadillac’s Super Cruise impressed me back in 2017 when I drove with it from New Mexico to California. The hands-free experience made the long trek less of a chore and except for interchanges and in construction zones, the majority of the time my hands were off the wheel. To achieve this the system… Continue reading Cadillac adds 70,000 miles to its Super Cruise hands-free driving maps
Ford Is Fined in China as Trade Fight With U.S. Rages
BEIJING — China’s antitrust regulator on Wednesday announced a fine of around $25 million on Ford’s main joint venture in the country, the latest action against an American company amid the widening economic battle between China and the United States. The fine on Changan Ford, which is owned equally by the Detroit automaker and a… Continue reading Ford Is Fined in China as Trade Fight With U.S. Rages
Car industry: BMW, Daimler and VW: why all carmakers have to save
Volkswagen, BMW and Daimler German carmakers were previously regarded as profit guarantors. (Photo: AP) FrankfurtFor the successful carmaker BMW were the words of CEO Harald Kruger unfamiliar. Not only did he have to announce a profit decline in mid-March, Krüger announced at the same time comprehensive cuts. By the end of 2022, at least twelve… Continue reading Car industry: BMW, Daimler and VW: why all carmakers have to save
China fines Changan Ford for vertical monopoly agreements
BEIJING/CHONGQING, June 5 (Xinhua) — China's State Administration for Market Regulation announced Wednesday that it has imposed a fine of 162.8 million yuan (about 23.6 million U.S. dollars) on automaker Changan Ford Automobile Co., Ltd for implementing vertical monopoly agreements.
Since 2013, Changan Ford has restricted the minimum vehicle resale prices for downstream dealers in Chongqing municipality, violating China's anti-monopoly law, the administration said in a statement.
The company's practices deprived the downstream dealers of pricing autonomy, excluded and restricted the competition within the brand and in effect weakened the competition among brands, the statement said.
“[Such practices] damaged the fair competition in the relevant market and the legitimate interests of consumers,” it added.
Thus, the administration imposed the fine that equals to 4 percent of the company's 2018 sales in Chongqing in accordance with the anti-monopoly law.
The authority..