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...What a wild ride it has been.” When Jameson was asked by a reader on X why the entire division had been let go, he replied “your guess is as good as mine”....
...Replacing him is Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit....
...good value to make a difference to the $862bn company, becomes harder....
...The energy division also encompasses HomeServices of America, a real estate brokerage enmeshed in its own litigation....
...“He’s a very important player,” said a person who has worked with Buffett for years. “Ajit is the person that is by far the most trusted . . . He’s made a shit ton of money for the company.”...
...Ford, which recorded a $1.3bn loss in its electric vehicle division in the third quarter, is now waiting to invest about $12bn to build out EV production capacity....
...Autonomous vehicle safety has been in the spotlight since early October, when a robotaxi operated by Cruise, the General Motors driverless car division, collided with a pedestrian and then dragged the person...
...“The strategic partnership with Pinewood Technologies and acquisition of Pendragon’s UK motor and vehicle management divisions is a massive step in delivering on our longer term growth strategy,” said Lithia...
...haulage vehicles called Kenworth and Peterbilt....
...Kim Dong-myung, head of the advanced automotive battery division of Korea’s LGES, says that producing them is “too costly” and there will be “very limited applications”....
...A version of this article was first published by Nikkei Asia on January 13 2023. ©2023 Nikkei Inc....
...As a result, the company has reduced its roster of external research providers from 35 to 15 and cut costs by $1.5mn a year....
...The Japanese company was a pioneer of electric vehicles with the launch of the Leaf in 2010....
...Credit card company Visa also reports on a busy results day that includes Coca-Cola, UPS, Raytheon, General Electric, 3M, and General Motors, Economic indicators: US home prices in 20 big cities are expected...
...Motorcycle maker Harley-Davidson is spinning off its electric bikes division and listing it on the stock market through a merger with a blank cheque company, taking a similar route as other electric vehicle...
...It couldn’t have been a worse moment to start a car company. In the wake of the 2008 financial crisis, both General Motors and Chrysler were in bankruptcy and desperate for a federal bailout....
...A version of this article was first published by Nikkei Asia on November 29, 2021. ©2021 Nikkei Inc....
...Field reported to John Giannandrea, Apple’s head of artificial intelligence and machine learning, the division that oversees the car project.* Farley said the arrival of Field, who played a key role in...
...Airbus John Harrison Group general counsel Since 2015, John Harrison has played a key part in the integration of Airbus’s divisions, and the simplification of its governance....
...A version of this article was first published by Nikkei Asia on January 12 2021. ©2021 Nikkei Inc....
...Boots closed dozens of outlets last year, at a cost of more than 4,000 jobs, as its parent company took a $2bn impairment charge against its UK investment....
...It also named James Fleming and Jan Skarbek as co-heads of the division....
...Staples has offered to make a key concession: ie, divesting some of OD’s divisions. One option would be CompuCom, the business OD acquired in late 2017 for $1bn, or its commercial division....
...TuSimple has signed a deal to jointly develop self-driving trucks with VW’s Traton truck division, with the German company seeking to take advantage of the San Diego start-up’s advances in turning and night...
...a €3.5bn takeover of the listed company....
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