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Category Archives: mobility company
Ford Embraces Paris Climate Agreement Globally
This promise came as Ford released its 21st annual Sustainability Report. Ford is also working with California for stronger vehicle greenhouse gas standards. Ford did not mention its current financial crisis that resulted from the Corona virus plague. Continue reading
BMW and Mercedes-Benz Stop Automated Driving JV
In what appears to be the automotive equivalent of marriage counseling or an analysis of the financial aspects of a pre-nup, the companies said: Following extensive review, the two companies have arrived at a mutual and amicable agreement to concentrate on their existing development paths – which may also include working with current or new partners. Continue reading
Milestones: Volkswagen Completes Promised Argo AI Funding
The numerous problems confronting Ford Motor and Volkswagen AG revolve around a central issue: Whether the two global giants and hundreds of thousands of workers can work together or consume shareholder capital at astonishing, company threatening rates without producing the promise efficiencies – on time and on budget. Continue reading
Unions Protest Nissan Closure of Catalan Factories
The unions claim that in Europe there is a firm commitment to a New Green Deal, with a direct injection of one hundred billion euros and a private contribution of 250,000 million more. An important part will go to sustainable mobility. They feel that Nissan is missing an opportunity to get support for a shift towards electric vehicles, smart driving, and shared mobility. Continue reading
Xpeng Gets Production License for Zhaoqing Factory
“The Zhaoqing manufacturing plant is an essential component of our vision to build a smart mobility ecosystem, from in-house R&D to smart manufacturing to customer services. Obtaining the production approval for the plant will hasten our progress in producing and delivering best-in-class products and services for our customers,” said He Xiaopeng, Chairman and CEO of Xpeng Motors, which also built the plant. Continue reading
Limit Vehicle Disease with Bacteria, Virus Resisting Materials
Shashank Modi a Research Engineer at the Center for Automotive Research in Michigan notes that drivers of Uber, Lyft, and other ride-hailing services are concerned about their own health and that of their passengers. Company guidelines recommend ride-hailing drivers to wear masks and disinfect their cars regularly. “But are these safety measures sustainable in the long run? Is there a better way to instill confidence in shared mobility?” asks Modi. Continue reading
Multi-Seasonal Self-Driving Data Issued by Ford
Leaving aside for the moment giant unresolved privacy issues and how companies can sell your personal information their benefit not yours, data is needed to help engineers and researchers create software that can teach self-driving vehicles how to analyze their environments. This software used to be called the driver. Continue reading
Alexandra Ford English to Join Rivian’s Board of Directors
The announcement comes at crucial point for Ford Motor as analysts are speculating that future of a challenged Ford – operational competence, liquidity, as well as quality and warranty issues – will require a merger with another global automaker, perhaps Volkswagen. (Bill Ford has been quoted – second hand – by insiders as saying “No.” Then after a pause “Hell No.”) Continue reading
Groupe Renault Reveals A New Strategy for China
Renault will continue to provide aftersales service for its 300,000 customers through Renault dealers, and also through Alliance synergies. Further development for Renault brand passenger cars will be detailed later within a new mid-term-plan from Renault. Continue reading
COVID-19 Disrupts the Mobility Industry
“Many cities around the world are currently experiencing lockdowns and ‘shelter at home’ executive orders that have slowed the pace of urban life. Mobility is one of the industries that is being hit directly by the new pandemic in multiple aspects,” Bahrani Fard says. Continue reading
Daimler Facing Profit and Sales Declines Reorganizes
“This will have a negative impact on our earnings in 2020 and 2021. To remain successful in the future, we must therefore act now and significantly increase our financial strength.” Continue reading
Ford Motor Changes Top Exec Roles Again
The changes come as Ford is restructuring operations, investing in the product portfolio and reducing bureaucracy. Ford lost $1.7 billion (42 cents a share) during Q4 2019 compared to a loss of $100 million, or 3 cents a share, year-over-year. This included a previously disclosed $2.2 billion charge for underfunded pensions. Adjusted for one-time items, Ford said it gained 12 cents a share during the year, compared with 30 cents a share a year ago. Revenue fell 5% to $39.7 billion from $41.8 billion a year ago. Global sales, share, earnings, and profits all decreased. Continue reading
Uber and Hyundai Show Full-Scale Air Taxi at CES
The air vehicle concept Hyundai released today was created in part through a NASA-inspired approach that jump-starts innovation by publicly releasing vehicle design concepts so any company can use them to innovate their air taxi models and engineering technologies. Continue reading
Ford Motor in Corktown and Newlab Working on – What Else – Vehicle Connectivity, Autonomy and Electrification
Two years ago, pre-Covid, but nevertheless financially challenged Ford bought 1.2 million square feet in Corktown, Detroit’s oldest neighborhood, including the historic Michigan Central Station, with plans to establish a new mobility innovation district dubbed Michigan Central. Mostly press releases have followed since then. Continue reading →