BMW and Daimler officially asked the European Commission for approval to form a new global mobility company. The green light from the European Union is one of the last obstacles to establishing the joint venture, which will bundle the mobility operations of the two German premium carmakers. BMW and Daimler also said the global headquarters Read More..
HANOVER — PSA/Peugeot-Citroen is stepping up eff0rts to build a real fourth brand for mobility services, the French carmaker’s new mobility services chief, Brigitte Courtehoux, said Thursday. Next to Peugeot, Citroen and DS branded vehicles, the company last year launched its Free2Move mobility services brand.Â Courtehoux didn’t comment on the expected addition of a fifth brand, Read More..
Tata Motors has formed a new unit that will help the Indian automotive group develop new business areas. The division, which is called Tamo, will unveil its first product at the Geneva auto show early next month. Tamo will serve as an incubator for new technologies, business models and partnerships, the company said. The open Read More..
PARIS — At the Paris auto show, BMW unveiled a variant of its i3 city car with an extended 300 km driving range. The premium brand also displayed an X2 concept. Ian Robertson, Â head of BMW Group sales and marketing, spoke to automotiveIT at the show about new mobility, the importance of car sharing and Read More..
Automakers still have time to adapt their business models to changing consumer preferences, according to a report by the US Center for Automotive Research (CAR). The study, titled â€œThe impact of new mobility services on the automotive industry,â€ Â identifies seven types of new-mobility services: ride-hailing, ride-sharing, car-sharing, bike-sharing, micro-transit, mobility-as-a-service and shared autonomous vehicles. Micro-transit Read More..
Michigan Governor Rick Snyder has launched a campaign to make Â his state the global leader in mobility innovation, The campaign, called â€œPlanet M,â€ is designed to attract fresh business investment to a state that has traditionally been the center of the US automotive industry. Michigan has been battling to preserve its automotive prominence as foreign Read More..
Toyota Motor and Volkswagen Group both announced ride-sharing moves, joining an auto-industry trend away from pure car-making toward broader mobility concepts. Toyota, the worldâ€™s biggest automaker, said it had signed a memorandum of understanding with Uber that foresees ride-sharing trials in countries where this mode of transportation is expanding. As part of the agreement, car Read More..
LAS VEGAS â€“ Toyota believes connected cars will eventually lead to a sharp reduction in accidents, but before autonomous and fully connectedÂ vehicles make this vision a reality, a lot of investment will still be needed. The Japanese carmaker in early January provided some more details about a 1 billion dlr artificial intelligence research project Read More..
A Frankfurt court has overturned an earlier verdict banning Uber from conducting business in Germany. The California-based ride-sharing services is free to continue operations in Germany for the time being. The verdict was largely based on a procedural flaw. Originally, a local court had decided that there was an urgent need to stop Uber. But Read More..
FRANKFURT – The auto industry is undergoing an “iconic change” as it moves into a new-mobility era, a senior BMW executive said Wednesday. Bernhard Blaettel, director mobility services at the German premium car maker, told the Mobility 3.0 Congress here that the changes are driven by increased urbanization, expectations of higher oil prices and customers’ Read More..