Business

CEOs Say Shareholder Value Isn’t Everything

August 19, 2019 at 5:11 PM

Publicly trade companies have a duty to do much more than deliver hefty dividends to shareholders, says the Business Roundtable.

Track-Testing Schaeffler’s e-Mobility Tech

For years Schaeffler Group USA has been helping carmakers make their powertrains more efficient through electrification, supplying everything from components to turnkey systems.

Bringing Order to Chaos with Robot Guidance Systems

Sponsored - July 09, 2019 at 6:30 AM

SICK, Inc.’s system-solution approach provides you the answer to running a more efficient, cost-effective, and accurate production line. With multiple robot guidance systems, SICK has the solution to fit your business needs that can help you gain flexible material handling operations.

Mobility

Report: China’s Ride-Hailing Market to Rebound

China’s market for ride-hailing services, whose growth has slowed to less than 5% this year from 25% in 2018, will rebound to at least 10% in 2021, predicts Bain & Co.

Production

BMW Ramps Up iNext EV Prototypes

BMW AG has begun building prototypes of its upcoming iNext electric vehicle at its pilot manufacturing plant in Munich.

Regulatory

Mercedes May Join Calif. Fuel Economy Coalition

Daimler AG is preparing to join three other major carmakers in backing a California scheme to boost fuel economy in spite of Trump administration plans to the contrary.

Tech

JLR Eyes 3D Display

Jaguar Land Rover Ltd. is developing a 3D head-up display system that could be used to improve safety and enhance passenger entertainment.

Mobility

Segway Readies Remote-Controlled Scooter Tech

Segway-Ninebot Group says it has developed an electric scooter that can be guided to a central charging station via a remote operator.

Business

Daimler Ponders Overhaul of Mercedes Vans Unit

Daimler AG says it is reviewing the product lineup for its Mercedes-Benz Vans unit and pondering other steps to cut fixed costs and streamline the division’s management structure.

Mobility

New Waymo Tests Target Wet Florida Weather

Alphabet Inc.’s Waymo unit is expanding tests of its self-driving car fleet to Florida this month to evaluate performance in heavy rainstorms.

New Product

Sporty Ford Models to Keep Manual Gearboxes

Ford Motor Co. says it will continue to offer manual transmissions in the Mustang pony car and other select models. 

Sales

VW Group Sales Drop 2% in July

Volkswagen AG global sales slipped 2% last month, in spite of a slight gain in China.

People

Legendary Auto Spy Photographer Dunne Dies

Jim Dunne, who virtually invented the art of automotive spy photography, died Monday at age 88 in suburban Detroit.