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Trending News:
  • Walmart, Amazon in online grocery pilot in NY involving food stamps
  • Singapore cancels Ofo’s bike-sharing licence over regulatory concerns
  • Ola in talks with luxury automakers to expand its self-drive offering
  • Ford forecasts Michigan truck plant to lead to increased EBIT in 2021
Ford plans to invest $1 billion & add 500 jobs in Chicago factories

Ford plans to invest $1 billion & add 500 jobs in Chicago factories

Paroma Bhattacharya Feb 9, 2019 Automotive
The expansion is aimed at increasing the production of redesigned Lincoln Aviator and Ford Explorer. The company would spend around USD 40 million to upgrade the infrastructure of manufacturing …
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Amazon scales up online food retail biz after clarity on foreign FDI

Amazon scales up online food retail biz after clarity on foreign FDI

Paroma Bhattacharya Feb 8, 2019 Retail
E-commerce giant Amazon has reportedly expanded its wholly-owned food retail business, Amazon Retail India, as the main seller of grocery and food products on its online supermarket, Amazon Pantry. …
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Robert Bosch & Fiat Chrysler agree to pay $66M in diesel legal fees

Robert Bosch & Fiat Chrysler agree to pay $66M in diesel legal fees

Krithika Krishnan Feb 7, 2019 Automotive
The German multinational engineering and electronics behemoth Robert Bosch GmbH and the London-headquartered automotive firm Fiat Chrysler have reportedly agreed to pay legal fees and costs of U.S. diesel …
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Walmart may exit Flipkart after new policies hit e-commerce in India

Walmart may exit Flipkart after new policies hit e-commerce in India

Paroma Bhattacharya Feb 6, 2019 Retail
The American multinational investment bank Morgan Stanley has recently reported that Walmart is expected to back out of its merger deal with the Indian e-commerce major Flipkart, amid new …
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Tesla signs acquisition agreement worth USD 218M with Maxwell

Tesla signs acquisition agreement worth USD 218M with Maxwell

Krithika Krishnan Feb 5, 2019 Automotive
Globally reputed automotive company Tesla has apparently made an acquisition offer for energy storage firm, Maxwell Technologies in an all-stock deal. Credible reports cite that the deal, valued at …
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Nissan abandons plans to make the new X-Trail SUV models in the UK

Nissan abandons plans to make the new X-Trail SUV models in the UK

Paroma Bhattacharya Feb 4, 2019 Automotive
The move comes in response to impending Brexit which is anticipated to affect the automaker’s future plans. Japanese auto giant, Nissan Motor Co., Ltd. has recently announced that it …
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Uber suspends UberX service from Barcelona amid new regulations

Uber suspends UberX service from Barcelona amid new regulations

Paroma Bhattacharya Feb 2, 2019 Automotive
Globally leading ride-hailing service company Uber has recently unveiled that it has suspended its taxi service from Barcelona, amid the local authorities passing regulations which would limit its operation …
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Lyft, Juno sue NYC for implementing new minimum wage rule for drivers

Lyft, Juno sue NYC for implementing new minimum wage rule for drivers

Paroma Bhattacharya Feb 1, 2019 Automotive
The two firms oppose the newly passed rule that obligates paying drivers $17.22 per hour after expenses. Ride-hailing companies, Lyft and Juno have reportedly filed a lawsuit against the …
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InsurTech firm Avinew secures seed funding round

InsurTech firm Avinew secures USD 5 million in seed funding round

Krithika Krishnan Jan 31, 2019 Automotive
Avinew, the California-based InsurTech company which is focused on autonomous & semi-autonomous auto insurance, has recently unveiled that it has raised USD 5 million in seed funding. Reportedly, Crosscut …
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Volkswagen and Ethiopia inks MoU to fuel regional automotive industry

Volkswagen and Ethiopia inks MoU to fuel regional automotive industry

Paroma Bhattacharya Jan 30, 2019 Automotive
In what can be termed as a significant move in the development of the Ethiopian automotive industry, Volkswagen, the German automaker, has inked a MoU (Memorandum of Understanding) with …
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Paroma Bhattacharya

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Krithika Krishnan

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Walmart, Amazon in online grocery pilot in NY involving food stamps

Walmart, Amazon in online grocery pilot in NY involving food stamps

Singapore cancels Ofo’s bike-sharing licence over regulatory concerns

Singapore cancels Ofo’s bike-sharing licence over regulatory concerns

Ola in talks with luxury automakers to expand its self-drive offering

Ola in talks with luxury automakers to expand its self-drive offering

Ford forecasts Michigan truck plant to lead to increased EBIT in 2021

Ford forecasts Michigan truck plant to lead to increased EBIT in 2021

Aptiv inaugurates autonomous mobility center in Shanghai, China

Aptiv inaugurates autonomous mobility center in Shanghai, China

Parrot announces new Anafi Thermal drone for enterprise customers

Parrot announces new Anafi Thermal drone for enterprise customers

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