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Category Archives: mobility company
Volkswagen Group Debuts Investment Plan for 2020-2024
The Group plans to spend nearly €60 billion on hybridization, electric mobility and digitalization in the next five years. Continue reading
Capital Punishment Day for Auto Workers at Daimler
Personnel costs will drop by the end of 2022 as Mercedes-Benz Cars plans to save more than €1 billion in personnel costs. Jobs will be cut in both management and “indirect areas.” Continue reading
FCA + PSA = Massive Job Losses
For enthusiasts as well a workers there are other threats. How about a spin-off FCA’s expensive low-return Alfa Romeo/Maserati operations? Simple math here: It would provide funds for the new FCA-PSA group while improving its utilization rate. Continue reading
Akio Toyoda Wants Mobility Centered on People
Wacky marketing babble alert: “Through the evolution of artificial intelligence, I think that cars, too, can also become able to communicate with people and their hearts. that’s right… I think cars of the future will be like horses. Continue reading
Ford Restructuring – Mahindra Joint Venture Announced
The joint venture will be responsible for expanding the Ford brand in India and exporting its products to Ford entities globally. Ford will continue to own the Ford brand, and its branded vehicles will be distributed through the current Ford India dealer network. Mahindra will continue to own the Mahindra brand and operate its own independent dealer network in India. Continue reading
Toyota and Suzuki Enter into Capital Alliance Agreement
Ultimately this is about saving money and sharing the proceeds. The companies will acquire each other’s shares based on the Alliance. Continue reading
Honda Database Leaks 134M Rows of Employee Data
The information available in the database appeared to be something like an inventory of all Honda internal machines. This included information such as machine host name, MAC address, internal IP, operating system version, which patches had been applied, and the status of Honda’s endpoint security software. Continue reading
New Audi Customers Offered Seven Silvercar Rental Car Days
Audi bought Silvercar in 2017, as part of an effort to offer mobility products and services by increasing access and flexibility to customers. Continue reading
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Tagged audi, auto industry commentary, autoinformed.com, Ken Zino, Silvercar
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Daimler Tries Deliveries Directly to Parked Cars in Berlin
The customers were satisfied with the in-car delivery service during the pilot in Stuttgart. They positively highlighted the personal convenience, the greater ease in daily life as well as the speed of the delivery. All in all, more than 1000 parcels were delivered in the greater Stuttgart area to date. Continue reading
GM Q2 Confirms US Economic Slowdown
Trump’s escalation of the trade wars will likely make things worse not only for GM, but Ford Motor and Fiat Chrysler as well. After GM released earnings, Trump said he would dictate a 10% tariff (aka tax on U.S. consumers on consumer goods and manufacturers on intermediate goods) on $300 billion worth of Chinese imports not already covered with penalties. Continue reading
JAXA, Toyota Start Research for Manned Pressurized Rover
In what was largely a rerun of a release from 12 March 2019, when the two parties announced their agreement to consider collaboration, the organizations formally agreed to carry on. The prototype rover will be a modified version of a standard production vehicle. (JAXA and Toyota Agree on Future Mobility – A Lunar Rover) Continue reading
Connected Car Shakeout – Bosch Sells Packaging Business
This is the latest development in the restructuring of traditional automotive suppliers to concentrate on connected and autonomous vehicles. Bosch announced a year ago that it was looking for a buyer for its packaging technology business. The company is giving increasing attention to mobility and connectivity over the internet of things. It is focusing its existing resources on areas of future importance, such as shaping the transformation process and preparing for further digitization. Continue reading
Volkswagen Joins Ford by Investing in Argo AI
Citing improved competitiveness, cost and capital efficiencies, as well as quicker time to a yet unknown, nebulous market, Volkswagen CEO Dr. Herbert Diess and Ford President and CEO Jim Hackett shared a stage for a discussion about a move that could make or break one or both companies. The alliance, which covers collaborations outside of Volkswagen and Ford’s joint investments in Argo AI, does not entail cross-ownership between the two companies and is independent from the investment into Argo AI. Continue reading
Pew Research Center on Americans’ Views About Privacy, Surveillance and Data-Sharing
Americans say they have very little understanding of current data protection laws, and most are in favor of more government regulation. Continue reading →