Mercedes-Benz at the Mobile World Congress 2018: Focus on artificial intelligence

Stuttgart. At the Mobile World Congress in Barcelona (MWC; 26 February to 1 March) Mercedes-Benz is presenting innovations and initiatives from a variety of fields as part of its overarching digitisation strategy. The press conference is to be held on 26 February from 11 a.m. to 11.20 a.m. at the Mercedes-Benz stand in Hall 6. The focus here is on systems… Continue reading Mercedes-Benz at the Mobile World Congress 2018: Focus on artificial intelligence

London sets out safety-first plan for regulating ride-sharing

After London sent ripple’s of shock through Silicon Valley last year by denying Uber a renewal of its private hire vehicle license, the city’s transport regulator is doubling down on its scrutiny of the impact of app-based ride operators. Today it’s published a policy statement setting out its intentions for adopting transport regulations to fit the… Continue reading London sets out safety-first plan for regulating ride-sharing

Michelin, new shareholder of the German leader of the car centers

Michelin is gaining strength in Germany by signing a stake in ATU, a German auto center brand. The operation was carried out with the partnership of the Mobivia group, which owns the network across the Rhine. Recently greeted by President Emmanuel Macron, the Michelin group is once again illustrating by entering the capital of ATU… Continue reading Michelin, new shareholder of the German leader of the car centers

Groupe Renault sincerely thanks Thierry Desmarest for his dedicated service. He will resign from his position as director and chairman of the strategy committee.

Thierry Desmarest, who has served on Groupe Renault’s board since April 2008 and whose term ran until 2020, has decided to resign from his role as director and his function as chairman of the international and industrial strategy committee.

Dana Incorporated Announces Strong 2017 Financial Results, Affirms Significant 2018 Guidance Increase

MAUMEE, Ohio, Feb. 13, 2018 /PRNewswire/ — Full-Year Highlights Sales of $7.2 billion, an increase of $1.4 billion, growth of 24 percent Net income attributable to Dana of $111 million; diluted EPS of $0.71, inclusive of $186 million one-time, non-cash charge due to U.S. tax reform Adjusted EBITDA of $835 million, providing a margin of… Continue reading Dana Incorporated Announces Strong 2017 Financial Results, Affirms Significant 2018 Guidance Increase

Gestamp acquires a plant in Brazil to supply Toyota

2.13.2018 Gestamp, the Spanish multinational company specialized in the design, development and manufacture of highly engineered metal components for the automotive industry, has announced the acquisition of a plant in the city of Sorocaba, in the state of São Paulo (Brazil). Gestamp has signed the acquisition of a plant from the local group Scorpios Indústria… Continue reading Gestamp acquires a plant in Brazil to supply Toyota

PROTON CLARIFIES STATEMENT BY PEKEMA

PRESS PROTON CLARIFIES STATEMENT BY PEKEMA Posted on Feb 13, 2018 Subang Jaya, 12 February 2018– PROTON would like to respond to the article entitled, Pengedar Bumiputera Proton Tertekan that was published on 11 February 2018 by Utusan Malaysia. We would firstly like to thank PEKEMA and its members for highlighting issues faced by its… Continue reading PROTON CLARIFIES STATEMENT BY PEKEMA

PSA will create a fourth shift in Vigo to launch the new models of Peugeot, Citroën and Opel / Vauxhall

Published 2/13/2018 11:39:42 CET MADRID, 13 Feb. (EUROPA PRESS) – The PSA Group plans to start up a fourth work shift in its Vigo plant in the coming months and a third in the center of Mangualde (Portugal), in order to respond to the commercial demand of the new ‘ludospace’ models of the Peugeot, Citroën… Continue reading PSA will create a fourth shift in Vigo to launch the new models of Peugeot, Citroën and Opel / Vauxhall

E-mobility: BMW relies on hybrid and electric cars

Hybrid BMW Heavyweights such as GM, Ford, VW or Daimler have announced a variety of e-models. BMW wants to be a leader in this field in the endurance competition of the upper-class providers. (Photo: AP) The worldwide growing demand for electric and hybrid cars should BMW 2018 will bring significant growth in this segment. The… Continue reading E-mobility: BMW relies on hybrid and electric cars

GM to shut one South Korea plant, decide on fate of others within weeks

DETROIT/SEOUL (Reuters) – General Motors Co said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia’s fourth-biggest economy. The U.S. automaker said it would decide the future of its remaining South Korean operations within weeks,… Continue reading GM to shut one South Korea plant, decide on fate of others within weeks