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...I therefore took a keen interest this week in General Motors’ appointment of Mike Abbott, a former Apple executive, to head its software unit....
...Competitors have echoed that concern, with Mike Parra, chief executive of DHL’s Americas business, saying that other parcel delivery services would not be able to pick up the slack....
...“The capital required is just $50mn for a microfactory, so the economics still work, and it lets you react to demand instead of forecasting demand [five years out],” said Mike Ableson, a former General Motors...
...When it comes to fleet EV sales, General Motors and Ford are for now concentrating more on commercial operators than rental companies....
...Stripe has poached General Motors’ chief financial officer Dhivya Suryadevara, bolstering its executive team as the San Francisco-based online payments company rides a wave of ecommerce growth....
...“[Inevitably] they will be wrong,” says Mike Ableson, a former GM executive who runs Arrival’s automotive business, “it’s just how far and in which direction they’ll be wrong.”...
...Payments group Marqeta has hired Mike Milotich as its chief financial officer. He was previously head of finance and investor relations at Visa....
...Ford is likely “very interested in gaining his insights into how to become more like a tech company”, said Gartner analyst Mike Ramsey....
...Still, under Krafcik, Waymo has remained ahead of rivals, including General Motors-backed Cruise, Aurora and Argo AI....
...“One of the hardest problems in augmented reality is input,” said Mike Schroepfer, Facebook’s chief technology officer....
...Hyundai says no Apple car talksHyundai Motor and its affiliate Kia said they are not in talks with Apple about developing autonomous vehicles, disappointing investors who sent shares in both South Korean...
...M&G chairman Mike Evans has taken a temporary leave of absence from the £339bn asset manager due to a stress-related illness....
...Citigroup chief executive Mike Corbat wrote to Jane Fraser, his number two, on a Friday evening in early September....
...Over the past month, Mr Trump has invoked the DPA several times, including to force General Motors to manufacture medical ventilators....
...Narrowing its focus on the core technology could turn Waymo into a pure tech company offering a range of services to carmakers, said Mike Ramsey, an analyst at Gartner....
...Mike Hawes, chief executive of the SMMT, said: “This ongoing uncertainty is corrosive, both on the operations of car plants and on their reputation.”...
...Sentiment was also dampened following the tense dialogue between Chinese President Xi Jinping and US vice-president Mike Pence at the Asia Pacific Economic Co-operation summit....
...The California Department of Motor Vehicles, which oversees autonomous testing in the state, has granted Zoox permits for 14 self-driving cars and 80 test drivers....
...According to Mike Abelson, GM’s head of strategy, such services will be among the first customers for whom autonomous vehicles make economic sense....
...Motor City was once defined by a single industry; increasingly, Detroit is defined by one man....
...Mike Pence, vice-president, is due to visit Iowa on a tour of bedrock Trump voters in the Midwest on Wednesday....
...But the two largest groups, Samsung and Hyundai Motor, have ignored calls to streamline their organisations....
...But the cycle and car bits retailer also notes that motor accessory sales remain weak as a result of collapsing sat nav sales....
...Ahead of the meeting, the incoming administration announced that Elon Musk of Tesla Motors and SpaceX and Travis Kalanick of Uber have signed on as advisers to Mr Trump....
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