Lyft says its revenue is growing nearly 3x faster than Uber’s

Lyft made a lot of progress in 2017, helped by strong market expansion within the U.S., and riding some very bad news from its primary rival Uber. That’s helped it grow revenue to over $1 billion as measured by GAAP standards for its fiscal 2017, with a particularly strong Q4 during which its revenue outpaced… Continue reading Lyft says its revenue is growing nearly 3x faster than Uber’s

Right on Schedule for E-Mobility

Story Brand Wolfsburg, 10 March 2018 Right on Schedule for E-Mobility Volkswagen is making excellent progress. In 2017, the brand sold more cars than ever before – a clear indication of rebounding consumer faith. That is why brand chief Herbert Diess will be able to   …more 1The car is not for sale yet.

Diesel: the solidarity of German manufacturers is cracking

Matthias Müller detonates more and more against other German champions: the leader of Volkswagen declared open last week to the introduction in Germany of a blue sticker, so far flatly rejected by the industry for which the This is tantamount to banning de facto millions of diesel vehicles from the most polluted cities in the… Continue reading Diesel: the solidarity of German manufacturers is cracking

Toyota Connected North America Partners with Avis Budget Group to Enhance Customer Rental Experience

Toyota Connected North America, the global technology strategy business unit for Toyota, today announced a multi-year partnership with Avis Budget Group, a leading global provider of mobility solutions, that will add 10,000 Toyota vehicles to Avis Car Rental’s expanding fleet of connected cars. Avis Budget Group will utilize Toyota’s proprietary Mobility Services Platform (MSPF) to… Continue reading Toyota Connected North America Partners with Avis Budget Group to Enhance Customer Rental Experience

Aggression against Autonomous Vehicles | DMV report

As the DMV tells, this year it has already come twice to rage against autonomous vehicles. The factor human has other behaviors than just unintentionally error to commit. Man can also go crazy, perhaps with preference in traffic. 2017 Chevrolet Bolt EV © General Motors Regularly, businesses that work in California to test the autonomous… Continue reading Aggression against Autonomous Vehicles | DMV report

Geely, Autoliv & Zenuity for Level 3 Systems in China

The Chinese automaker Geely wants to purchase semi-autonomous systems for the Chinese market from Sweden. First, in this context, the company affiliation must be cleared up. Autoliv is a supplier from Sweden, especially for Volvo, Volvo belongs to Geely, which also recently Mercedes Benz and Volvo Trucks have entered. Volvo also has teamed with Autoliv… Continue reading Geely, Autoliv & Zenuity for Level 3 Systems in China

Groupe PSA Will Assemble OPEL and PEUGEOT Vehicles in Namibia in 2018

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) and the Namibian government have signed an investment agreement facilitating the joint-venture agreement between Groupe PSA and Namibia Development Corporation (NDC) to assemble OPEL and PEUGEOT vehicles in Walvis Bay. Assembly will start in H2 2018 with an annual targeted volume of 5,000 units by 2020 to meet… Continue reading Groupe PSA Will Assemble OPEL and PEUGEOT Vehicles in Namibia in 2018

Zenvo Automotive details the new TSR-S

Danish high-performance automotive company Zenvo has redesigned and reengineered its racetrack-bred TSR for optimal aerodynamic performance. Fitted with a 5.8-liter twin supercharged V8 powerplant, the TSR-S will develop 1,200ps Zenvo has introduced its new TSR-S at the Geneva Motor Show. The TSR-S, which features an innovative new active multi-axis centripetal wing and an in-house developed… Continue reading Zenvo Automotive details the new TSR-S

Sale carefully completed

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 Sale carefully completed