Last week, Uber Technologies Inc. suspended its self-driving car program after a test vehicle killed a pedestrian in Arizona. There’s an investigation into the accident. But even without the safety risks and ethical conundrums posed by autonomous cars, there are sound business reasons why Uber should fully abandon plans to develop or buy its own fleets… Continue reading Uber Shouldn’t Even Bother With Self-Driving Cars
Tag: M and A
Meet our newest self-driving vehicle: the all-electric Jaguar I-PACE
Meet our newest self-driving vehicle: the all-electric Jaguar I-PACE Today Waymo and Jaguar Land Rover are announcing an electrifying new partnership. We’re joining forces to design and engineer the world’s first premium electric fully self-driving vehicle, built for Waymo’s transportation service. This new self-driving Jaguar I-PACE blends Jaguar’s knack for innovative design with Waymo’s cutting-edge self-driving… Continue reading Meet our newest self-driving vehicle: the all-electric Jaguar I-PACE
Alibaba, Ford unveil car vending machine in Guangzhou
The Super Test-Drive Center is offering over 100 Ford cars for the Chinese consumers. New Delhi: Chinese e-commerce giant Alibaba Group and US carmaker Ford have unveiled car vending machine in China’s southern city Guangzhou. The Super Test-Drive Center is offering over 100 Ford cars for the Chinese consumers. Alibaba also planning to build similar… Continue reading Alibaba, Ford unveil car vending machine in Guangzhou
Dana Offers Superior Value to GKN Shareholders
MAUMEE, Ohio, March 27, 2018 /PRNewswire/ — With a pending deadline for GKN shareholders to determine the future of their company, Dana Incorporated (NYSE: DAN) outlines below why it firmly believes its proposed combination with GKN Driveline offers superior value to GKN shareholders. Only this combination offers: Significant Shareholder Value Increased cash payment by 8.6… Continue reading Dana Offers Superior Value to GKN Shareholders
Nissan spins up new plant to give second life to EV batteries
NAMIE, Japan (Reuters) – At a small plant intended to help revitalize a town ravaged by the 2011 earthquake, Nissan Motor Co is giving its costly electric vehicle (EV) batteries new life after they pass their peak performance. FILE PHOTO: The logo of Nissan Motor Co is seen at its showroom in Tokyo, Japan February… Continue reading Nissan spins up new plant to give second life to EV batteries
Nissan starts new program to replace old LEAF battery packs
Nissan is launching a new program today to replace old LEAF battery packs with “refabricated” packs at a discount over new packs. Home Solar Power Electric car battery packs inevitably lose some of their capacity over time after some use. It’s generally fairly limited to a few percentage points, but when it comes to the Nissan… Continue reading Nissan starts new program to replace old LEAF battery packs
Nissan starts exchange program for Nissan LEAF batteries in Japan
YOKOHAMA, Japan –Starting in May, owners of the 100% electric Nissan LEAF can turn in their used batteries and, for a fee, receive refabricated ones. Nissan is using the battery-refabrication capabilities of 4R Energy Corp., a company established through a joint venture with Sumitomo Corp., to offer the program. As demand for electric vehicles grows,… Continue reading Nissan starts exchange program for Nissan LEAF batteries in Japan
Dana Increases Cash Consideration for GKN Driveline by £100 million
MAUMEE, Ohio, March 26, 2018 /PRNewswire/ — In support of strong investor interest in its combination with GKN Driveline, Dana Incorporated (NYSE: DAN) announced today that it has improved the terms of its agreed combination and will also double the size of its share repurchase program. Dana has increased the cash element of consideration by… Continue reading Dana Increases Cash Consideration for GKN Driveline by £100 million
PROTON FOCUSED ON QUALITY AND SALES INITIATIVES
PRESS PROTON FOCUSED ON QUALITY AND SALES INITIATIVES Posted on Mar 16, 2018 Subang Jaya, 16 March 2018 – February 2018 was a busy month for PROTON as the Company concentrated on activities aimed at having a successful year ahead. Despite the Chinese New Year break, initiatives for sales, marketing and quality improvement were executed… Continue reading PROTON FOCUSED ON QUALITY AND SALES INITIATIVES
RideCo and Grab expand partnership to provide dynamic shuttle services to corporate and consumer markets
WATERLOO, ON, March 26, 2018 /PRNewswire/ – RideCo, a leading provider of microtransit technology announced the successful deployment of its platform to enable Grab’s services. Following the successful completion of a trial in Singapore, the two companies have entered into an expanded agreement for RideCo’s platform to power Grab’s dynamic shuttle bus and van businesses.… Continue reading RideCo and Grab expand partnership to provide dynamic shuttle services to corporate and consumer markets