SAN FRANCISCO/BOSTON, Oct 6 (Reuters) – A contract worker has won a $137 million jury award over workplace racism against Tesla Inc (TSLA.O), raising pressure on the electric vehicle maker whose shareholders will vote on Thursday on a proposal to review how it addresses similar complaints for full-time employees. The nonbinding shareholder resolution asks Tesla’s… Continue reading Tesla faces investor test after big jury award over racism
Tag: Strategy
@Daimler: High-end Mercedes-Benz and EV deliveries outperform in challenging environment
Mercedes-Benz Cars deliveries between January and September totalled 1,617,508 (+3.0%) xEV sales (plug-in-hybrids and all-electric cars) between January and September at 184,369 (+142.7%) In spite of robust global demand and a healthy order intake, Mercedes-Benz deliveries were significantly restricted by the ongoing semiconductor shortage World-wide Q3 sales of Mercedes-Benz Cars at 434,784 (-30.5%) Worldwide sales… Continue reading @Daimler: High-end Mercedes-Benz and EV deliveries outperform in challenging environment
JK Tyre treads the tech talk
The semi-anaechoic chamber in the state-of-the-art NVH testing lab allows analyses of pass-by noise and noise inside a vehicle to optimise tyre design and performance. Innovation and research and development are essential mantras to transform products, processes and services. One Indian company which is putting its shoulder to the wheel of R&D is JK Tyre… Continue reading JK Tyre treads the tech talk
Hertz Names Mark Fields Interim CEO; Paul Stone COO
Mark Fields, new interim CEO, Hertz Photo courtesy Hertz On Oct. 5, Hertz announced it has named Mark Fields interim CEO and Paul Stone president and chief operations officer. The news comes more than a year after former CEO Kathryn Marinello left the company. Effective immediately, Hertz says the new appointments are part of a vision for… Continue reading Hertz Names Mark Fields Interim CEO; Paul Stone COO
GM to build new battery facility in Warren to support its EV strategy
General Motors is building a new innovation facility in Warren with the goal of growing the automaker’s battery technology and accelerating the development of longer range, more affordable EV batteries. The new facility will be called the Wallace Battery Cell Innovation Center. It will be a 300,000-square-foot building on the grounds of the GM Global Technical Center campus. There, engineers will work to advance technologies… Continue reading GM to build new battery facility in Warren to support its EV strategy
@GM: Software Innovator Aneel Bhusri Joins GM’s Board of Directors October 5, 2021
Co-founder, co-CEO and chairman of Workday is GM’s third new director this year DETROIT – General Motors Co. (NYSE: GM) announced today that transformational technology leader Aneel Bhusri, the co-founder, co-CEO and chairman of Workday, Inc., is joining its Board of Directors. GM now has 13 directors with the addition of Bhusri. The company’s 12… Continue reading @GM: Software Innovator Aneel Bhusri Joins GM’s Board of Directors October 5, 2021
@GM: GM Names Edward Kummer as Chief Digital Officer October 5, 2021
Former Nordstrom, Walt Disney executive is experienced in growing digital businesses and enhancing customer experiences DETROIT – General Motors today named Edward Kummer as chief digital officer, effective Oct. 16. Kummer will be responsible for building and delivering a holistic digital business guided by GM’s Growth Strategy, leading a newly formed Digital Business team, and accelerating… Continue reading @GM: GM Names Edward Kummer as Chief Digital Officer October 5, 2021
@GM: GM to Invest in Next-Generation Battery Facility That Will Lower EV Costs, Accelerate Speed to Market October 5, 2021
GM to Invest in Next-Generation Battery Facility That Will Lower EV Costs, Accelerate Speed to Market All-new facility builds on more than $5 billion already invested in batteries in the U.S., expands design capabilities of future battery chemistries and increases future EV range WARREN, Mich. – Today, General Motors announced the Wallace Battery Cell Innovation… Continue reading @GM: GM to Invest in Next-Generation Battery Facility That Will Lower EV Costs, Accelerate Speed to Market October 5, 2021
@GM: GM Reports Third-Quarter Sales
GM Reports Third-Quarter Sales Company gains retail market share in key segments 2021-10-01 DETROIT — General Motors Co. (NYSE: GM) dealers delivered 446,997 vehicles in the U.S. in the third quarter of 2021, down 218,195 units from a year ago as a result of semiconductor supply chain disruptions and historically low inventories. During the quarter,… Continue reading @GM: GM Reports Third-Quarter Sales
GoTo Global drives European expansion with acquisition of German e-moped sharing company emmy
Israeli shared multimodal mobility operator GoTo Global Mobility has acquired German shared electric scooter company emmy. The strategic deal will help GoTo Global, which offers customers access to shared cars, vans, mopeds, scooters and bikes, reach its goal of expanding to every major European city by 2025. GoTo Global would not share the financial terms… Continue reading GoTo Global drives European expansion with acquisition of German e-moped sharing company emmy