-Heavier consumer discounts and surging demand to replace hurricane-damaged vehicles gives auto makers momentum (Marketwatch) -Major auto makers posted mostly solid sales gains in September amid heavier consumer discounts and surging demand to replace hurricane-damaged vehicles, giving the industry relief from months of declining results and some momentum heading into the
Ford Chief Outlines Investment Shift Away From Passenger Cars
Jim Hackett, chief executive of Ford Motor, had promised a plan to improve the company’s “fitness” and strategic direction. CreditJoe Vaughn for The New York Times New York (NYT) - Ford Motor’s new chief executive offered a blueprint on Tuesday to take advantage of changing customer tastes and new technologies such as
How Uber C.E.O. Aims to Win Back London
LONDON (NYT) — Less than two weeks after being stripped of its license in London, Uber has gone on a charm offensive to win it back. Even as the ride-hailing company’s board grappled with internal divisions and a major investment hung in the balance, the company’s new chief executive, Dara Khosrowshahi,
How G.M. and Ford Plans to Expand Electric Car Models
DETROIT (NYT)— China has said it will eventually ban gasoline-powered cars. California may be moving in the same direction. That pressure has set off a scramble by the world’s car companies to embrace electric vehicles. On Monday, General Motors, America’s largest automaker, staked its claim to leadership. Outlining a fundamental shift
Nigeria plans 10 new rail lines
The Standard Gauge Railway, a viable transport solution you will rely on Abuja - Nigeria is currently carrying out feasibility studies on the construction of 10 new standard gauge rail lines across the country. The various rail lines would pass through Lagos, Oyo, Osun, Ogun, Benin, Abuja, Kogi, Onitsha and Sokoto, among
Fiat Chrysler recalls 646,394 SUVs for brake issue
FCA US LLC, Fiat Chrysler Automobiles NV's U.S. arm, said it was voluntarily recalling about 646,394 SUVs in the United States to check shields that protect brake boosters for proper installation. FCA US was aware of a single potentially related accident, the company said on Tuesday. The shields are designed to protect
Wal-Mart buys delivery logistics startup Parcel
(Reuters) - Wal-Mart Stores Inc said on Tuesday (Oct 3), it has acquired Parcel Inc, a New York-based last-mile delivery startup, as the retailer seeks to better compete with e-commerce giant Amazon.com Inc. Parcel, a 24/7 operation that delivers packages the same-day, overnight and in scheduled two-hour windows, was bought for
Kenya,Tanzania to construct new ports to improve trade in East Africa
The new ports in Lamu, Kenya and Bagamoyo, Tanzania will join the ports at Mombosa, Kenya and Tanzania’s Dar es Salaam as sub-Saharan Africa’s most important shipping centers. With the creation of transportation routes across land-locked countries in East Africa, the ports will improve commerce throughout a region that has struggled
Metro, roads disrupted in Catalonia pro-independence protest
People raise hands and shout slogans outside People's Party (PP) regional headquarters in Barcelona, Spain, October 3, 2017. REUTERS/Juan Medina BARCELONA (Reuters) - Barcelona metro stations were closed, pickets blocked main roads and civil servants walked out on Tuesday in response to a strike called by pro-independence groups after hundreds were
Kenya adopts Integrated Customs Managment System- (iCMS)
Customs agencies, globally, are facing the emerging dilemma of balancing demands to improve trade facilitation while at the same time meeting increasing needs for compliance. They are under pressure to deliver customer-focused services, collect accurate revenues and prevent illegal trade within the constraints of limited resources. This calls for modernization of customs