Category Archives: mobility company

Volkswagen and Ford Announce Alliance Without Cross Equity

The history of such industry collaborations is difficult and littered with road kill. The problem is whether the two global giants and hundreds of thousands of workers can walk in step together or stumble over each other. Continue reading

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Ford to Restructure European Business Once Again

Near term, Ford is cutting costs by a reduction of surplus labor across all functions – salaried and hourly. A change in management structure, announced in December, already is underway through Ford’s hoeing and weeding its global salaried workforce. Continue reading

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Mobility Company Capital Destruction. Latest German JV Attempts to Lessen Negative Effects on Shareholder Value

It’s just the latest example of the capital intensive, shareholder-value destroying transition to an ill-defined, but demonstrably expensive mobility company that all automakers are now pursuing. Continue reading

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The GM Grinch that Stole Christmas, or Did It?

There will be a 15% reduction in GM’s salaried workforce, the closing of the Lordstown and Detroit-Hamtramck assembly plants in the US and the Oshawa complex in Canada in 2019. Baltimore Operations and Warren Transmission plants will also be shut down in 2019. The arrival of year-end auto sales data makes things clearer in the view of consultancy LMC. Continue reading

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Black versus White Hat Cyber Attacks on Your Vehicle

While White hat attacks may uncover significant vulnerabilities that should be calls for action, research-based attacks do not have malicious intent, according to Upstream Security. White hat attacks can cause financial damage or problems for a brand. However, it’s claimed by those doing them for sales purposes, that for many companies, the warnings they receive from researchers or even technologically capable consumers are helpful to their security optimization and improvement. Continue reading

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Automotive Cyber Attacks Continue to Increase

In 2018, for the first time in history in the automotive industry, so-called Black hat or cybercriminal attacks have overtaken White hat or security researcher attacks. Continue reading

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Cruise and GM Closer to Sale of Self Driving Vehicles

“These appointments further demonstrate our commitment to transforming mobility through the safe deployment of self-driving technology and move us closer to our vision for a future with zero crashes, zero emissions and zero congestion,” said GM Chairman and CEO Mary Barra. Continue reading

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General Motors Kisses Trump’s Butt

This was after its actions yesterday revealed the weakness if not downright falsity of President Trump’s claim to be creating jobs… “We appreciate the actions this administration has taken on behalf of industry to improve the overall competitiveness of U.S. manufacturing.” Continue reading

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General Motors Revises 2015 Strategy to Slash Costs and Streamline Engineering as Market and Competition Toughen

General Motors (NYSE: GM) said this morning that it will accelerate its business plan, building on the strategy it laid out in 2015 that has resulted in lack-luster returns for shareholders. GM is acknowledging what most automakers hold private: the marketplace is moving faster than automakers. Continue reading

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Hyundai Motor Links to UAV Startup Top Flight

The Boston-based startup and Korean Hyundai will “explore ways to accelerate the commercial application and deployment of UAVs across various sectors and markets. Joint efforts will extend to seeking new business opportunities around UAVs, using Top Flight’s patented hybrid-electric power system. The global UAV (aka ‘drones’) market, is growing at a fast pace, expected to garner $22.1 billion by 2026. Continue reading

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Daimler and Bosch Target San José for Automated Ride-Hailing

Daimler, Bosch and San José have signed a memorandum of understanding to pursue this test. Using automated Mercedes-Benz S-Class vehicles, Daimler will offer the service to a selected users in the San Carlos/Stevens Creek corridor between downtown and west San José. With its population expected to grow 40% in the next two decades, the metropolitan area faces growing transportation challenges. Continue reading

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Ford Buys E-Scooter Company Spin

Spin is the latest move by Ford in the so-called “mobility space,” as the company attempts to build businesses that will help its poor operational and stock performance. Some company or companies – and it is an open and ever-expanding field – will provide mobility businesses to help customers get places more easily, more quickly and, allegedly, less expensively. Continue reading

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Distracted Dining? Buick Adds Yelp

Marketplace, claimed to be the industry’s first in-vehicle commerce platform, is one more way Buick is using connectivity to enhance vehicles and create new and convenient “customer experiences,” if you are willing to give up your privacy and have your personal data sold for the profit of other organizations. Continue reading

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VW Group Quantum Algorithm Cuts Waiting for Passengers

Quantum computers can solve highly complex tasks such as traffic optimization much faster than conventional super-computers; and in some cases, a solution is only possible with quantum computers. For this future-oriented computing technology, Volkswagen sees considerable potential for new applications within the company and new business models. Continue reading

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Toyota 6 Month Financial Results – $11.29 Billion Net Income

Once again Toyota proved its operating prowess, which consistently place it in the running for the largest and mot profitable automaker in the world as it transforms itself into a mobility company to be reckoned with. Continue reading

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