LAS VEGAS — Toyota Motor unveiled a versatile electric concept vehicle for multimodal transportation and announced it was teaming up with Amazon, Didi, Uber and other partners to form a new mobility alliance. On the eve of the annual CES high-tech fair here, Toyota said its e-Palette concept vehicle marks an important step in the Read More..
Delphi on Tuesday officially spun off its powertrain division and launched Aptiv, which groups the US supplier’s connectivity operations. A second company, Delphi Technologies, will henceforth include all powertrain-related components and systems. Aptiv, which will be headquartered in Gillingham, England, and employ 147,000 people worldwide, will be headed by former Delphi CEO Kevin Clark. The Read More..
MUNICH — Judging by the enthusiasm of the 304 exhibitors at this year’s eMove360 trade fair, electric vehicles have arrived. Granted, there weren’t any automaker stands at the annual show. But that absence was compensated by technology providers whose EV prototypes, charging stations, battery packs and other associated products and services dominated the 20,000 square Read More..
FRANKFURT — Daimler’s compliance chief said customer confidence is key for the success of autonomous and connected driving. Speaking at the carIT Congress here, Olaf Schick said drivers of Daimler’s Mercedes-Benz cars can decide for themselves what data they want to share. “When it comes to data, the principle of self-determination rules,” he said. Earlier, Read More..
Faraday Future has recruited veteran BMW executive Ulrich Kranz as chief technology officer (CTO), adding more automotive expertise from the German premium car group. Earlier this year, FF hired former Deutsche Bank board member Stefan Krause to head up its finance operations. Krause previously served as BMW CFO. Kranz, who most recently was in charge Read More..
Ian Robertson will retire as BMWâ€™s head of sales and marketing in 2018, handing over to Philips executive Pieter Nota on January 1. Robertson, the former head of BMWâ€™s Rolls-Royce luxury brand, has been in his current position for almost 10 years. â€œEven through challenging economic times, he enabled the continuous growth of the company Read More..
Daimler Financial Services is expanding its senior management team to focus more heavily on digital business models, especially in financing and mobility services. The financial services arm of the German premium car group appointed Benedikt Schell as chief experience officer (CXO), a board-level position in charge of digital business models and the expansion of worldwide Read More..
Axel Schmidt is taking over from Luca Mentuccia as head of Accenture’s global automotive business, effective immediately. Schmidt, 51, previously was in charge of European automotive operations for the global management consultants. “I’m looking forward to continue the development started by Luca,” Schmidt said. He also warned that car companies should be prepared for a Read More..
Three out of four automotive companies have serious concerns about the future as the industry faces massive disruption, according to a new study. The survey alsoÂ found that half of all companies interviewed felt that digital change could actually pose an existential threat. The poll, conducted by management consultants Staufen, asked 650 executives at German companies Read More..
Ford of Europe has recruited Bearing Point consultant Sarah-Jayne Williams to take charge of the carmaker’s efforts in Europe to broaden its business into mobility services and other new ventures. Williams will report jointly to Ford of EuropeÂ CEO Steven Armstrong and to John Larsen, the company’s global head of operations and smart mobility. She will Read More..