About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility… Continue reading Ford of Europe May Sales Highest in 9 Years on Strength of Ford SUVs, Commercial Vehicles
Tag: M and A
China’s Didi Chuxing continues its international expansion with Australia launch
Didi Chuxing, China’s dominant ride-hailing company, is continuing its international expansion after it announced plans to launch in Australia this month. The company — which bought Uber’s China business in 2016 — said it will begin serving customers in Melbourne from June 25 following a month-long trial period in Geelong, a neighboring city that’s 75km… Continue reading China’s Didi Chuxing continues its international expansion with Australia launch
HUBJECT OFFICIALLY KICKS OFF U.S. OPERATIONS
The Most Widely Adopted Electric Vehicle Interoperability Platform Opens Santa Monica Headquarters and Expands Its Executive Team LOS ANGELES, CALIF. – June 14, 2018 – Hubject, the globally-recognized leader in electric vehicle (EV) interoperability, officially launched its U.S. operations from the company’s new U.S. headquarters in Santa Monica, Calif. Founded in 2012 to enable seamless… Continue reading HUBJECT OFFICIALLY KICKS OFF U.S. OPERATIONS
Enterprise Picks Up a Partner in First Driverless Car Foray
Updates with details on Voyage’s technology strategy in sixth paragraph. Go to Source Go to Source
Luminar rolls out its development platform and scores Volvo partnership and investment
The wizards in lidar tech at Luminar are doubling down on the practical side of autonomous car deployment with a partnership with and investment from Volvo, as well as a new “perception development platform” that helps squeeze every last drop out of its laser-based imagery. Volvo Cars has been one of the big investors in… Continue reading Luminar rolls out its development platform and scores Volvo partnership and investment
Volvo Cars Tech Fund invests in automotive sensor company Luminar
Volvo Cars Tech Fund invests in automotive sensor company Luminar Volvo Cars, the premium car maker, has completed the first strategic investment via its newly-founded investment fund by taking a stake in Luminar, a leading start-up in the development of advanced sensor technology for use in autonomous vehicles. The investment in Luminar, based… Continue reading Volvo Cars Tech Fund invests in automotive sensor company Luminar
Analysis: Ford India MD’s four-pronged growth strategy for suppliers
Ford India’s vision of becoming the most trusted automotive and mobility solutions company has a four-pronged growth strategy. Here’s how Anurag Mehrotra, president and MD, Ford India, underlines the importance of suppliers. Excerpts from his speech at the ACMA Value Chain Summit held last month in Gandhinagar, Gujarat. Strong brand: Quality is among the top three reasons… Continue reading Analysis: Ford India MD’s four-pronged growth strategy for suppliers
Magna & May Mobility
The company Magna partner with May Mobility for autonomous shuttles. The supplier Magna cooperates with the startup May Mobility for the production of autonomous e-shuttles, as they are currently mainly from the two French manufacturers Navya and EasyMile to be produced. 2018_May_Mobility_Magna-2 The development one wants in Detroit where the Canadian company Magna has a… Continue reading Magna & May Mobility
China Digest: Used car platform Cheduoduo, co-work space startup Distrii raise funds
June 14, 2018 Chinese startups Cheduoduo, a used-car platform, and co-working space operator Distrii have closed $17.7 million Series A investment and $23 million Series A+ funding round, respectively. China Growth Capital leads used-car platform Cheduoduo $17.7m Series A Beijing-based used-car trading platform Cheduoduo has secured $17.7 million in a Series A round led by… Continue reading China Digest: Used car platform Cheduoduo, co-work space startup Distrii raise funds
Carlos Ghosn could leave his post before 2022
A mission approaching its end. Carlos Ghosn told reporters from the Financial Times (FT) that he did not intend to spend “four more years” at the helm of Renault. The French businessman, at the head of the French car manufacturer since 2005, renewed his contract last February Thierry Bolloré was then named number 2 of… Continue reading Carlos Ghosn could leave his post before 2022