LISTEN TO ARTICLE SHARE THIS ARTICLE France’s biggest energy company expressed skepticism about the economics of hydrogen-powered vehicles as the government unveiled subsidies to promote the gas as way of cutting fossil-fuel consumption and fighting climate change. “We find it difficult to be convinced it has a future in 10 years time,” Total SA Chief… Continue reading Total Unconvinced by Hydrogen Cars as France Unveils Subsidies
Tag: M and A
UPDATE 2-Marchionne leaves Fiat Chrysler debt free as prepares to hand over wheel
BALOCCO, Italy (Reuters) – Fiat Chrysler’s (FCHA.MI) Sergio Marchionne laid out his final strategic vision as chief executive on Friday with a focus on sport utility vehicles and a 9 billion euro ($10.5 billion)investment plan for electric and hybrid cars. FILE PHOTO: 2015 Jeep Grand Cherokee are exhibited on a car dealership in New Jersey,… Continue reading UPDATE 2-Marchionne leaves Fiat Chrysler debt free as prepares to hand over wheel
Analysts and Deutsche Bank Shares Shrug Off Ratings Blow
LISTEN TO ARTICLE SHARE THIS ARTICLE While Deutsche Bank AG’s staff are apparently sick of bad news surrounding the German lender, most analysts were more upbeat on Friday, despite the fresh blow of a credit-ratings downgrade by S&P Global. The bank’s shares rose as much as 4.2 percent, the most in more than five weeks,… Continue reading Analysts and Deutsche Bank Shares Shrug Off Ratings Blow
PSA Group: Recovery plan for Opel upset employees in France
PSA plant in Mulhouse The Opel refurbishment causes uncertainty among the employees in France. (Photo: AFP) ParisDie Agreement between works council and managementg on one Rehabilitation plan of Opel causes anger in France, “The French workers are not allowed to pay the bill for the difficulties that management faces in the Integration of Opel “,… Continue reading PSA Group: Recovery plan for Opel upset employees in France
UPDATE 2-Toyota sheds some manufacturing to focus on new car technology
TOKYO (Reuters) – Toyota Motor Corp (7203.T) on Friday said it was planning to transfer some its parts manufacturing operations to its main supplier Denso Corp (6902.T) to free up resources to compete more effectively on new vehicle technologies. Toyota said it would consolidate core electronics component operations of within Denso from late next year,… Continue reading UPDATE 2-Toyota sheds some manufacturing to focus on new car technology
Valeo is one of the key players shaping the future of mobility
“Everything is changing. The whole world is experiencing a smart car revolution,” says Jacques Aschenbroich. Valeo’s boss, voted N.4 best performing CEO in the world by the Harvard Business Review, argues this upheaval is in fact the combination of three simultaneous revolution – electrification, autonomous & connected vehicles and digital mobility. Jacques Aschenbroich, who says… Continue reading Valeo is one of the key players shaping the future of mobility
Alibaba, RoboSense launch unmanned vehicle using solid-state LIDAR
The most important feature of the driverless delivery vehicle called G Plus is the solid-state LiDAR technology, the RS-LiDAR-M1Pre, developed by China’s RoboSense. This is the first time that solid-state LiDAR has been used in the development of an unmanned vehicle,clsim the companies, heralding the beginning of the solid-state LiDAR era in driverless vehicles. RoboSense… Continue reading Alibaba, RoboSense launch unmanned vehicle using solid-state LIDAR
AUTOHAUS next: OBD dongles and their benefits for the trade
Transmitted vehicle data via the OBD interface to the retail trade can be the solution for ever-increasing customer requirements. With new cars, the data transmission is already in use, but now there is also a retrofit solution for used. The information platform for your daily business. more on the subject Studies show that customers want… Continue reading AUTOHAUS next: OBD dongles and their benefits for the trade
(2nd LD) Hyundai mulls investing in local car-manufacturing JV
(ATTN: ADDS Gwangju City’s comment in last 2 paras) By Choi Kyong-ae SEOUL, June 1 (Yonhap) — Hyundai Motor Co., South Korea’s largest carmaker by sales, said Friday it is considering investing in a local car-manufacturing joint venture (JV) proposed by a municipal government. The Gwangju city government seeks to establish a vehicle production JV… Continue reading (2nd LD) Hyundai mulls investing in local car-manufacturing JV
Goodyear Expands Mobility Work with Leading Research Center
The Goodyear Tire & Rubber Company is extending its worldwide innovation network to include Mcity, the University of Michigan-led public-private partnership to advance connected and automated vehicles and technologies. Goodyear will conduct testing at the Mcity Test Facility with electric and autonomous vehicles, further developing its intelligent tires and the application of sensors, and extending… Continue reading Goodyear Expands Mobility Work with Leading Research Center