Fiat CEO Sees Room to Double Profit by 2022

Fiat Chrysler Automobiles NV Chief Executive Officer Sergio Marchionne, one of the longest-serving bosses in the auto industry, said the company can double profit within five years by exploiting the potential of the Jeep brand. Sergio Marchionne Photographer: Chris Ratcliffe/Bloomberg With the offroad nameplate in position to grab as much as 20 percent of the… Continue reading Fiat CEO Sees Room to Double Profit by 2022

TriForce Tokens Blockchain Gaming Welcomes Angel Investor David Drake to Advisory Board

NEW YORK, Jan. 13, 2018 /PRNewswire/ — Blockchain-powered gaming platform TriForce Tokens is pleased to bring on board LDJ Capital Chairman David Drake as an adviser, strengthening its bid to revolutionize the multi-billion dollar online gaming industry with proven venture capital expertise. Triforce Tokens has reached yet another significant milestone in recognition and acceptance, with renowned venture capitalist… Continue reading TriForce Tokens Blockchain Gaming Welcomes Angel Investor David Drake to Advisory Board

Chevy Silverado swings first blow in pickup wars

Show Thumbnails Show CaptionsLast SlideNext SlideBuy Photo Alan Batey, President GM, North America, unveiled the 2019 Chevy Silverado at Eastern Market Shed 3 on Saturday January 13, 2017(Photo: Max Ortiz, The Detroit News)Buy Photo Let the truck wars begin. Chevrolet unveiled its much-hyped 2019 Silverado pickup truck Saturday night at Eastern Market, kicking off a… Continue reading Chevy Silverado swings first blow in pickup wars

Full speed ahead – volkswagen-media-services.com

They will be manufactured on the basis of the new all-electric architecture (MEB in German). This concept is the central element with the architecture of electric vehicles. The first model of this new generation will be the I.D. in 2020. Preparations for this phase will also take place at the sites in 2018. In Salzgitter,… Continue reading Full speed ahead – volkswagen-media-services.com

BMW Group remains world’s Number One premium automotive company

Munich. The BMW Group achieved its best-ever annual sales in 2017, the seventh consecutive year it has achieved a new annual record. This success was spread throughout the company with both BMW and MINI brands achieving new all-time high figures. BMW M and BMW i also achieved record sales, as did BMW Motorrad. With this… Continue reading BMW Group remains world’s Number One premium automotive company

Nissan: Leading automotive, telecom and ITS companies unveil first announced cellular V2X trials in Japan

Continental, Ericsson, Nissan, NTT DOCOMO, OKI and Qualcomm Technologies join forces to host C-V2X trials in Japan in 2018 to validate and demonstrate C-V2X benefits TOKYO – Continental, Ericsson, Nissan, NTT DOCOMO, Inc., OKI and Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), announced today plans to carry out their first Cellular Vehicle-to-Everything… Continue reading Nissan: Leading automotive, telecom and ITS companies unveil first announced cellular V2X trials in Japan

2018 pay negotiations at Volkswagen continued

The negotiating committees of Volkswagen AG and the IG Metall trade union have today continued their pay negotiations in Hanover. Martin Rosik, the leader of the Volkswagen committee and Head of Human Resources of the Volkswagen brand, said after the meeting: “At today’s meeting, we offered to increase pay by two percent for 12 months… Continue reading 2018 pay negotiations at Volkswagen continued

Audi opens reservations with deposits for its two new e-tron vehicles (quattro and sportback) in more markets

With the imminent launch of the production version of the new e-tron quattro later this year, Audi is opening up reservations with deposits for the vehicle to new markets and it is adding the new all-electric e-tron sportback to the mix. Home Solar Power The German automaker had already opened reservations in a few markets,… Continue reading Audi opens reservations with deposits for its two new e-tron vehicles (quattro and sportback) in more markets

Grab, Uber’s rival in Southeast Asia, pulls in strategic investment from Hyundai

Grab, Uber’s closest rival in Southeast Asia, continues to slowly release information about its newest funding round after it revealed it has netted a strategic investment from Hyundai. To recap, the Singapore-based firm raised a massive $2 billion led by SoftBank and China’s Didi Chuxing last July with plans to extend the round by a… Continue reading Grab, Uber’s rival in Southeast Asia, pulls in strategic investment from Hyundai

Nissan and NASA extend research into autonomous mobility services

Update to research agreement will help Nissan develop the technology for prototype transportation services LAS VEGAS – Today at CES 2018, Nissan North America, Inc., the U.S.-based subsidiary of Nissan Motor Co. Ltd., announced an agreement with NASA Ames Research Center in California’s Silicon Valley to collaborate on research and technology development for future autonomous… Continue reading Nissan and NASA extend research into autonomous mobility services