DETROIT, June 17, 2018 – Ford Motor Company has acquired the iconic Michigan Central Station and plans to transform it into the centerpiece of a vibrant new campus in Detroit’s Corktown neighborhood that will serve as an innovation hub for Ford’s vision for the future of transportation. The acquisition of Michigan Central Station comes alongside… Continue reading Ford Motor Company Acquires Iconic Michigan Central Station; Will Outline Vision for New Corktown Campus on Tuesday
Tag: M and A
Bill Ford Jr.: The complete interview
Ford Motor Co. Executive Chairman Bill Ford Jr. sat down with Crain’s Senior Reporter Chad Livengood and Automotive News’ Ford beat reporter Michael Martinez for a wide-ranging interview June 14 about the automaker’s purchase and plans for redeveloping the Michigan Central Station. Ford said the company plans to have up to 2,500 employees working in… Continue reading Bill Ford Jr.: The complete interview
Smart Grid Will Allow 170 UPS Electric Trucks To Charge Without Costly Upgrades
UPS’s London fleet of electric delivery vans increased from 65 to 170 without an expensive upgrade to the power supply grid. UPS – Electric package car Because simultaneous charging of so many vehicles exceeds the site’s capabilities, UPS decided for a smart grid management (sounds like delayed charging to us) combined with an energy storage… Continue reading Smart Grid Will Allow 170 UPS Electric Trucks To Charge Without Costly Upgrades
How Mercedes buyers come for damages
Saturday, 06/16/2018 11:40 clock Now it has that Daimler Group but still caught. More than 770,000 cars drive on Europe’s roads with software that shuts off exhaust gas treatment far too often. And in Germany the group must call back 240,000 of these cars in which this software is used. Even more: With his recall… Continue reading How Mercedes buyers come for damages
June 15 Transfer of all equity in Changhe Suzuki held by the Suzuki Group to Changhe Automobile
15 June 2018 Transfer of all equity in Changhe Suzuki held by the Suzuki Group to Changhe Automobile Suzuki Motor Corporation (Suzuki) has completed transfer of all equity in Jiangxi Changhe Suzuki Automobile Co., Ltd. (Changhe Suzuki), an entity accounted for using equity method in China, held by the Suzuki Group (46%) to Changhe Automobile.… Continue reading June 15 Transfer of all equity in Changhe Suzuki held by the Suzuki Group to Changhe Automobile
New contracts: That depends on the VW and Audi dealers
The partner association VAPV wants to inform its members in the coming week about the results of the difficult contract negotiations. The performance should not be a walk – despite demonstrably achieved successes. The German VW and Audi dealers make the next step on the way to a new partnership with the manufacturers. Your partner… Continue reading New contracts: That depends on the VW and Audi dealers
NewMotion expands European footprint, partnering with leasing firm Arval
Smart charging solution provider NewMotion, which currently has more than 30,000 private charge points across the Netherlands, Germany, France and the UK, is expanding further into Europe in a new partnership with vehicle leasing firm Arval. Norway will be the next country to join NewMotion’s empire, followed by another four European countries in the second… Continue reading NewMotion expands European footprint, partnering with leasing firm Arval
Opening of the new Shanghai Research & Development Center as part of BMW’s Innovation Day China.
Shanghai/Munich. Today opened the newly BMW Group Shanghai R&D Centre as part of BMW’s Innovation Day China. The event showcased BMW’s latest developments in the areas of innovation, digital services, autonomous driving and automotive design. Following the opening of the Beijing R&D Centre and the laying of the foundation stone for phase II of the… Continue reading Opening of the new Shanghai Research & Development Center as part of BMW’s Innovation Day China.
New Workers in Town: Ford Launches Beekeeping Program Adding Six Honeybee Hives at World Headquarters
Unique Ford sustainability initiative supports honeybee populations, local ecosystem, gardening and farming communities Ford design competition yields innovative hive shells to showcase bees in their new homes near Ford’s new walking pathway – part of its ongoing Dearborn campus transformation Program launches in tandem with Pollinator Week and will contribute data to track honeybee health… Continue reading New Workers in Town: Ford Launches Beekeeping Program Adding Six Honeybee Hives at World Headquarters
rideOS raises $9 million in Series A funding led by Sequoia and announces partnership with Autonomic
rideOS announced it has raised $9 million in Series A funding. Sequoia Capital led the round with participation from Graph Ventures and SV Angel, and Sequoia Partner Mike Vernal has joined rideOS’s board of directors. In tandem, the company has announced its partnership with Ford-owned Autonomic, to address key challenges in the area of self-driving… Continue reading rideOS raises $9 million in Series A funding led by Sequoia and announces partnership with Autonomic