Elon Musk is leaving board of the non-profit AI safety group, OpenAI in order to remove a potential conflict of interest between the group’s work and the work on artificial intelligence his companies are undertaking. The Tesla CEO co-founded OpenAI in December 2015 along with Y Combinator president Sam Altman, not so long after he’d… Continue reading Elon Musk is leaving board of the non-profit AI safety group, OpenAI
Tag: Financial Results
Autoliv publishes its 2017 Annual Report on Form 10-K
Thu, Feb 22, 2018 16:35 CET (Stockholm, Sweden, February 22, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, has filed its 2017 Annual Report on Form 10-K with the Securities and Exchange Commission (SEC). The Form 10-K is available at the SEC Edgar website: www.sec.gov and on… Continue reading Autoliv publishes its 2017 Annual Report on Form 10-K
Ford Appoints Senior Leaders; Galhotra to Lead North America, Falotico to Head Lincoln, Marketing; McClelland to lead Ford Credit
Kumar Galhotra named group vice president and president, Ford North America Joy Falotico named group vice president, Lincoln and Chief Marketing Officer David McClelland named vice president of Ford and CEO of Ford Motor Credit Company Stuart Rowley named vice president and chief operating officer, Ford North America John Lawler named vice president, Strategy, Ford… Continue reading Ford Appoints Senior Leaders; Galhotra to Lead North America, Falotico to Head Lincoln, Marketing; McClelland to lead Ford Credit
Uber CEO plans to ‘invest aggressively’ to compete with rivals Southeast Asia
Uber CEO Dara Khosrowshahi has distanced the company from reports that it might exit Southeast Asia and India. Currently in India on his maiden visit to Asia as Uber boss, Khosrowshahi told an audience that the company plans to continue to invest in Southeast Asia, where Uber has slipped behind Grab and Indonesia-based Go-Jek. “We expect to… Continue reading Uber CEO plans to ‘invest aggressively’ to compete with rivals Southeast Asia
Visteon Reports Strong 2017 Financial Results
View the full-year 2017 financial summary infographic Visteon Announces Strong 2017 Results Delivered strong financial performance Sales of $3,146 million ($797 million in fourth quarter) Net income of $176 million ($25 million in fourth quarter) Adjusted EBITDA of $370 million ($102 million in fourth quarter) Adjusted free cash flow of $148 million ($58 million in… Continue reading Visteon Reports Strong 2017 Financial Results
Volvo launches new V60 versatile family estate
Volvo launches new V60 versatile family estate Volvo Cars, the premium car maker, today revealed the new V60 five-door, mid-size premium estate, underlining the Swedish company’s position as a maker of cars that combine good looks with everyday practicality. The car was launched in its natural habitat – the driveway of a family… Continue reading Volvo launches new V60 versatile family estate
Avis steers into crowded field for managing ride services fleets
By Nick Carey DETROIT, – When Avis Budget Group Inc reports its results on Wednesday, executives under pressure from restive shareholders will likely point to the potential for profits from managing fleets of vehicles for ride services and robo-taxi companies. Avis, however, won’t be alone in chasing revenue from the same ride service companies that… Continue reading Avis steers into crowded field for managing ride services fleets
Delphi Technologies reports fourth quarter and full year 2017 financial results
LONDON, Feb. 21, 2018 /PRNewswire/ — Delphi Technologies PLC (NYSE: DLPH), a global leader in vehicle propulsion, today reported fourth quarter 2017 U.S. GAAP earnings of $0.63 per diluted share. Excluding special items, fourth quarter earnings totaled $1.24 per diluted share. The Company also reported revenue of $1.3 billion for the quarter and $4.8 billion for… Continue reading Delphi Technologies reports fourth quarter and full year 2017 financial results
Electric car: Toyota reduces its need for rare earths
They have no intention of doing the same as others. After putting a lot of weight on the (successful) deployment of hybrid vehicles and the (future) deployment of hydrogen cars, Toyota has finally launched itself into the current race for 100% electric vehicles. But the Japanese manufacturer wants to do it with his sauce –… Continue reading Electric car: Toyota reduces its need for rare earths
FCA releases its 2017 Annual Report and files annual report on Form 20-F
FCA releases its 2017 Annual Report and files annual report on Form 20-F