Steve Barlow Named to Lead Lumileds Automotive Business Unit
Lumileds announced today that Steve Barlow has been appointed as President of the company’s Automotive Business Unit. Mr. Barlow has successfully led the Lumileds LED Solutions Business Unit for over 3-years and, in his more than 18 years of executive…
Exclusive: Thyssenkrupp opens books in sale of plant-building unit
By Christoph Steitz, Tom Käckenhoff ESSEN, Germany (Reuters) – Thyssenkrupp has begun due diligence with potential bidders for its plant division as the German conglomerate accelerates a radical overhaul to sell or turn around ailing business units in the next…
Analyzing Tesla’s Disappointing 3Q20 Unit Sales Data
First and foremost, it was a miss. That’s why TSLA shares are trading lower today. The Internet was full yesterday of buffoons screaming about a deliveries number “in the 140s” and Tesla’s report of 139,300 units delivered in the third…
Mercedes-Benz names Canada boss Psillakis to head U.S. unit
Psillakis has extensive international market experience to draw from. He joined Daimler AG in 1992 as a management trainee with its Greek subsidiary Mercedes-Benz Hellas (MBH). He would rise through the ranks of MB Hellas, becoming general manager of passenger…
Uber investors pressure CEO to revamp troubled self-driving unit, report says
SAN FRANCISCO — With deep pockets, some of the best brains in robotics and its hallmark hustle, Uber Technologies Inc. was once a serious contender in the race to build self-driving cars and revolutionize global transportation. Today, the effort is…
Evergrande’s EV unit secures investment from Tencent, Didi
Evergrande Group, a leading Chinese property developer, said its electric vehicle unit raised 4 billion Hong Kong dollars ($516 million) from a consortium of institutional investors including tech giant Tencent Holdings and ride-hailing provider Didi Chuxing. Two other investors are…
Battery Management Unit Market Size, Top Companies, Growth Factors, Market Status and Future Forecasts to 2027
The MarketWatch News Department was not involved in the creation of this content. Sep 17, 2020 (Heraldkeepers) — The global Battery Management Unit market is segregated on the basis of Type as Advanced Lead-Acid Batteries, Nickel-Based Batteries, Flow Batteries, and…
VW truck unit MAN to cut up to 9,500 jobs
Volkswagen Group’s truck unit, MAN, plans to cut up to 25 percent of its workforce and potentially close three factories in a restructuring plan to improve earnings and finance investment in new vehicles. Two German factories, in Plauen and Wittlich,…
Hella establishes in-house software unit
Hella is establishing a global unit to house and coordinate all software activities across the company and accelerate the development of software-based business models. The Global Software House will draw together Hella’s 2,000 software employees to reduce “complexities surrounding software…
AAWireless adapter that brings wireless to any Android Auto unit blows through crowdfunding goal
This story was originally published 2020/09/05 8:05am PDTon Sep 5, 2020 and last updated 2020/09/08 8:06am PDTon Sep 8, 2020. While compatibility with wireless Android Auto is expanding on phones, there are still many in-car head units and media players…
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