BMW and Critical Software have been working together in the field of automotive software engineering for quite some time now. However, this week, the two entities decided to take things a step further and create a joint-venture project under the Critical TechWorks name. This strategic expansion of their cooperation is currently subject to examination and approval from the relevant competition authorities to make sure a cartel isn’t taking shape. This move further emphasizes just how important software will be for cars in the future and shows once again that BMW is committed to transforming into a tech company, moving away from the ‘car maker’ badge. Critical TechWorks will complement the constantly expanding BMW Group network in the fields of software development and IT. The two partners stand to benefit from Critical Software’s many years of experience in agile software development and the over 100 years of experience of the BMW Group in the advancement of … [Read more...] about BMW and Critical Software Create Critical TechWorks Joint Venture
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Sections SEARCH Skip to content Skip to site index Business Day Subscribe Log In Subscribe Log In Advertisement Supported by Wheels ByLawrence Ulrich May 17, 2018 When General Motors recruited Johan de Nysschen to lead Cadillac in 2014, the prominent auto executive hoped for a cavalry of new sport-utility vehicles to shore up the luxury brand’s weakest position. As it awaited reinforcements, Cadillac soldiered on with a legion of widely praised sports sedans, the kind of beautifully engineered vehicles its German rivals would have been proud to call their own. But now Cadillac finds itself overrun by German and Asian S.U.V.s and G.M.’s leaders have parted ways with the man once seen as the brand’s future. And America’s premier luxury car brand must reckon with an uncomfortable truth. “Cadillac is just not selling what people want to buy today, especially in America,” said Karl Brauer, executive … [Read more...] about Cadillac Makes Great Cars. Too Bad Americans Want S.U.V.s.
Around 200 people from London and Middlesex woke up to see their name on the Queen's Birthday Honours List, published on Saturday (June 9). The list is published annually on the Queen's official birthday, celebrated on the second Saturday of June every year. Her actual birthday is April 21. A separate honours list is published at New Year's and celebrates the achievements of people working to make Britain a better place. Among the famous Londoners to win an honour are actress Emma Thompson, awarded a damehood for services to drama, a knighthood for Nobel Prize-winning novelist Kazuo Ishiguro, for services to literature, and an OBE for World Champion boxer Anthony Joshua. Other famous London names to appear on the list are Niomi Arleen McLean-Daley aka rapper Ms Dynamite, awarded an MBE, and a knighthood for historian and broadcaster Professor Simon Schama. Below is a complete list of every person from London or Middlesex to be awarded an honour by the Queen this year. Read More In … [Read more...] about Full list of every Londoner recognised in Queen’s Birthday Honours
Nathan Bomey and John Gallagher Detroit Free Press Published 5:43 p.m. UTC May 24, 2018 Originally published Sept. 15, 2013 Detroit is broke, but it didn’t have to be. An in-depth Free Press analysis of the city’s financial history back to the 1950s shows that its elected officials and others charged with managing its finances repeatedly failed — or refused — to make the tough economic and political decisions that might have saved the city from financial ruin. Instead, amid a huge exodus of residents, plummeting tax revenues and skyrocketing home abandonment, Detroit’s leaders engaged in a billion-dollar borrowing binge, created new taxes and failed to cut expenses when they needed to. Simultaneously, they gifted workers and retirees with generous bonuses. And under pressure from unions and, sometimes, arbitrators, they failed to cut health care benefits — saddling the city with staggering costs that today threaten the safety and quality of … [Read more...] about How Detroit went broke: The answers may surprise you — and don’t blame Coleman Young
Sections SEARCH Skip to content Skip to site index Business Day Subscribe Log In Subscribe Log In Advertisement Supported by Wheels ByLawrence Ulrich May 17, 2018 When General Motors recruited Johan de Nysschen to lead Cadillac in 2014, the prominent auto executive hoped for a cavalry of new sport-utility vehicles to shore up the luxury brand’s weakest position. As it awaited reinforcements, Cadillac soldiered on with a legion of widely praised sports sedans, the kind of beautifully engineered vehicles its German rivals would have been proud to call their own. But now Cadillac finds itself overrun by German and Asian S.U.V.s and G.M.’s leaders have parted ways with the man once seen as the brand’s future. And America’s premier luxury car brand must reckon with an uncomfortable truth. “Cadillac is just not selling what people want to buy today, especially in America,” said Karl Brauer, executive publisher … [Read more...] about Cadillac Makes Beautiful Cars. Too Bad Americans Want S.U.V.s.
My purpose is to build businesses that benefit society, and I strongly believe that organisations should have a social responsibility that goes beyond the services and products they provide. At REED, our corporate and philanthropic activity is rooted in this principal.My father Alec Reed, who founded the Reed Foundation in 1985, once told me: "You have little control over the length of your life, but you can control the width of it. Being in a position to help others has widened my horizons and made my life more satisfying. I have enjoyed using my entrepreneurial skills in setting up charities and watching them grow."Philanthropy is not just a passion project. It is the beating heart of our business.The Reed Foundation, which has established and supports charities including Ethiopiaid and the Big Give, owns 20% of REED. This means that all of us at REED work one day a week for charity. Many of these charities don't receive government funding and are reliant on the support that our … [Read more...] about The business of giving: Why corporate philanthropy is more than just good PR
SHANGHAI (Reuters) - As trade tensions rise between the United States and China, a small but vocal online community is calling for a boycott of U.S. products, fanning fears that American brands could see a backlash similar to that faced by South Korea last year. FILE PHOTO: Containers are seen at the Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai, China, September 24, 2016. REUTERS/Aly Song/File Photo China on Wednesday hit back at the Trump administration’s plans to impose tariffs on $50 billion in Chinese goods, retaliating with a list of duties on key U.S. imports with similar value including soybeans, planes, cars, whiskey and chemicals. “Counterattack in trade war” was the third most-read topic on China’s Weibo microblogging platform on Wednesday, viewed about 230 million times, while an editorial published the same day in the state-backed English-language tabloid Global Times warning the United States against an … [Read more...] about Trade tensions stoke worries of anti-U.S. backlash in China
The paths of Jaguar and Land Rover, both throughout their past and towards their future, are inexorably tied together. Since they were joined under the notorious British Leyland corporation in 1968, the companies were inseparable, and even after Jaguar was spun off in 1984 and then bought over by Ford in 1989, it was reunited with Land Rover when Ford purchased the SUV maker from BMW in 2000. Now under the Tata umbrella, the two form a common entity, sharing components, engines and production sites. It seems like the ideal union – although both cater to a similar upper middle class demographic, they serve two completely different markets, with one building fast, discreet sports cars and luxury sedans, and the other churning out tough, dependable off-roaders. They complement each other perfectly. Or so we thought. Just a few years after the merger, we heard rumours that the Leaping Cat was going to build (gasp!) an SUV. Rubbish, we thought – the very idea that Jaguar would … [Read more...] about DRIVEN: Jaguar F-Pace 3.0 S/C V6 S and 2.0 D review
Autocar Professional’s Two-Wheeler Industry Conclave 2018, held on January 18, 2018, at the Hyatt Regency in New Delhi, proved to be a melting pot of this dynamic vehicle segment, one where key industry stakeholders, representing OEMs, component suppliers, dealers and also a premier R&D and testing agency of the government took centre-stage, discussing and debating a host of challenges and even more opportunities.The day-long event drew a packed house, comprising delegates from all sections of the automotive industry – OEMs, component suppliers, dealers, financial analysts, software and hardware developers and even start-up founders. The Conclave’s lead sponsor and technology partner was Siemens while the silver sponsors were Continental and Infineon Technologies. Supporting the event as association partners were apex industry bodies ARAI, FADA, SMEV and SAE India, while Roland Berger was the technology partner. The first Two-Wheeler Industry Conclave … [Read more...] about India’s 2-Wheeler industry targets sustainability, merges focus with vision