The former Volkswagen brand manager Herbert Diess will be the new CEO. He replaces predecessor Matthias Müller, as the VW Supervisory Board decided. Herbert Diess Thursday, 12.04.2018 19:53 clock Herbert Diess is the new CEO of Volkswagen-Konzerns. On Thursday, the supervisory board appointed the 59-year-old VW brand leader to head the world’s largest carmaker with… Continue reading VW supervisory board chooses Diess as the new CEO
Tag: Financial Results
Continental Unveils New Assistance Concepts for Early Risk Detection of Aquaplaning Situations
Continental is developing new concepts designed to warn drivers about an imminent risk of aquaplaning Aquaplaning assistance concepts utilize surround view camera images and signals from tire-mounted sensors (eTIS) for advanced tire information The holistic concept can give the driver time to prevent the front wheels of the vehicle from floating, while warning other vehicles… Continue reading Continental Unveils New Assistance Concepts for Early Risk Detection of Aquaplaning Situations
Exclusive: Tesla targets November 2019 for start of Model Y production – sources
SAN FRANCISCO (Reuters) – Tesla Inc (TSLA.O) is targeting November 2019 as the start of production for its Model Y sport utility vehicle, with production in China to begin two years later, two sources told Reuters this week, shedding some light on the electric vehicle maker’s next project that could tax its resources and capacity.… Continue reading Exclusive: Tesla targets November 2019 for start of Model Y production – sources
Incredibly done
After his expulsion, VW CEO Matthias Müller suddenly stands as a failed manager. At the same time, the balance of his term of office can be quite impressive. Still-VW boss Matthias Müller Wednesday, 11.04.2018 18:01 clock It is such a thing with public reputation. Inevitably, in the general consciousness, only a few details are reflected… Continue reading Incredibly done
Uber gets into car rentals and public transit
Uber is officially a multi-modal transportation platform. On the heels of its acquisition of bike-share startup JUMP, Uber CEO Dara Khosrowshahi today announced Uber Bike‘s expansion into Washington D.C., along with two key partnerships in car rentals and public transit. The first is with instant car-booking service Getaround, which launched at TechCrunch Disrupt NY in… Continue reading Uber gets into car rentals and public transit
GWM Listed in “China’s Most Admired Companies 2017”
The award ceremony of “2017 China’s Most Admired Companies” was held in Beijing on April 8, and GWM was listed in “China’s 100 Most Admired Companies”. For quite a long time, GWM has been actively fulfilling its social responsibilities (specifically observing laws and disciplines and operating honestly) and attaching importance to GWM governance, return to… Continue reading GWM Listed in “China’s Most Admired Companies 2017”
Daimler and VW against Prevent: The wrong strategy of the German car industry
All articles and backgrounds 04/11/2018 Daimler and VW v Prevent The wrong strategy of the German car industry A guest commentary by Stefan Randak Volkswagen and Daimler in a clinch with Prevent: The increasingly open conflict between suppliers and car manufacturers is also affecting manufacturers The dispute between VW and Daimler and the supplier Prevent… Continue reading Daimler and VW against Prevent: The wrong strategy of the German car industry
Waymo takes a page out of Google’s Android Playbook
Waymo seems to be banking on confronting the automotive industry with the same challenge. By Alex Webb When Google set out to tackle the smartphone market with its Android operating system, it picked off the more vulnerable subscale brands with little software expertise. Within three years, those phone makers had surged up the sales charts… Continue reading Waymo takes a page out of Google’s Android Playbook
Insurance giant Allianz confirms $35M investment in Asian ride-sharing unicorn Go-Jek
German insurance giant Allianz is following Google and Tencent by backing Go-Jek, the Indonesia-based ride-hailing and local services company valued at over $4.5 billion, after it announced an investment. The money comes from Allianz X, the firm’s digital investment arm, which confirmed it put in $35 million in what is its first deal in Southeast Asia. The… Continue reading Insurance giant Allianz confirms $35M investment in Asian ride-sharing unicorn Go-Jek
Icahn to sell Federal-Mogul to Tenneco for $5.4 billion
(Reuters) – Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc (TEN.N) in a $5.4 billion deal, unloading an investment he has held for nearly two decades and picking up a new stake in Tenneco. Tenneco plans to separate into two independent, publicly traded companies – one… Continue reading Icahn to sell Federal-Mogul to Tenneco for $5.4 billion