SEOUL, South Korea (AP) — Hyundai Motor Co., South Korea’s largest automaker, reported a 20 percent plunge in its net profit Thursday, continuing its losing streak to nearly a fourth year, as its sales remain weak in China due to anger over a missile-defense system. Hyundai’s overall vehicle sales except for
Year: 2017
Tesla’s Seat Strategy Goes Against The Grain…For now
SAN FRANCISCO (Reuters) - The seats on Tesla Inc’s new Model X SUV were a mess. An outside contractor was having trouble executing the complicated design, spurring frustration and finger-pointing between Tesla and its supplier. How would Tesla ever pull off mass production of the upcoming Model 3, the car intended to catapult the
How Nigeria’s Post Offices Would Enhance Customer Experience
Lagos - Nigeria's Postmaster General and Chief Executive Officer of NIPOST, Adebisi Adegbuyi, has at two-day strategic management retreat, which held in Lagos this week, vowed that the organization's new reform initiatives would ensure staff re-orientation and attitude to work, and engender improved customer service delivery, , using the latest technologies that would bring
Amazon will let delivery people inside your house
UPS announces U.S. rate hikes, new peak surcharges for 2018
DETROIT (Reuters) - United Parcel Service Inc said on Wednesday it would raise rates across many of its U.S. services by 4.9 percent later this year, with surcharge increases for next year’s peak season focused mainly on residential addresses. The rise of e-commerce and online retailers like Amazon has posed challenges for the
New Bluetooth transmitter provides package-level visibility
RoamBee, New Bluetooth transmitter providing package-level visibility in a warehouse Logistics and asset monitoring company RoamBee says that visibility, down to the package-level, and end-to-end asset management are now possible with “BeeBeacon,” its mobile monitoring technology that was launched today. RoamBee’s CEO Sanjay Sharma told Air Cargo World that the device was
Nissan executive bows to apologize for inspections scandal
FILE PHOTO: A Nissan logo is seen at a car dealership in Ciudad Juarez, Mexico May 30, 2017. Picture taken May 30, 2017. REUTERS/Jose Luis Gonzalez/File Photo TOKYO (AP) — Nissan Executive Vice President Daniele Schillaci bowed deeply for several seconds in a Japanese-style apology Wednesday, expressing his remorse for widespread
Toyota confirms scaling back of Mexico plant for truck needs
Didier Leroy, executive vice president of Toyota Motor Corp., presents a Toyota Concept during the media preview of the Tokyo Motor Show in Tokyo Wednesday, October 25, 2017. Toyota confirms scaling back of Mexico plant for truck needs. TOKYO (AP) — Toyota Motor Corp. confirmed Wednesday that a planned Mexico auto plant
New screenings for US-bound passengers on global airlines
New screenings for US-bound passengers on global airlines DUBAI, United Arab Emirates (AP) — Five global long-haul airlines will begin new “security interviews” of all passengers on U.S.-bound flights beginning Thursday at the request of American officials, the companies said Wednesday. Long-haul carriers Air France, Cathay Pacific, EgyptAir, Emirates and Lufthansa all
Toyota: Committed to Hydrogen Cars Despite Potential ‘Game Changer’ EV battery
Toyota Motor Corp. Executive Vice President Didier Leroy presents the company's Concept-i series as a screen shows the company's President Akio Toyoda during the media preview of the 45th Tokyo Motor Show in Tokyo. TOKYO (Reuters) - Toyota Motor Corp said its solid-state battery technology under development could be a “game